This is a two-day course to introduce and develop the ideas of retail credit risk and in particular credit scoring
… the many people in lending and other organisations who need to gain an understanding of what credit scoring is, what it can do, and how it works. They are likely to be in the credit risk function and could be working in scorecard development, scorecard monitoring and tracking, scorecard implementation, liaison with the lending operations, management information, validation and governance, scorecard strategy, management, etc.
Credit scoring is now the most common means of banks and other lenders making consumer lending decisions. This workshop explores the basics of how credit scoring works in a modern consumer lending business - the processes, the strategy, and the decisions. While there is a brief practical excursion into how the scorecards are built, the focus is on what the scorecards look like and how they need to be used and managed. The workshop is non-technical, aimed at the business useror strategist and requiring only some basic numeracy skills, such as being able to calculate percentages.
Delivery of the course is through formal lecture, classroom discussion, individual exercises,and group exercises and with lots of real examples.