Credit risk is a challenge in banking and payments, affecting the stability of financial systems worldwide. Understanding how to control and mitigate this risk is vital for banking professionals. This course breaks down credit risk management in a straightforward, practical way, helping you grasp key concepts and the role you play in managing credit exposures effectively.
Explore the basics of credit risk, including types like obligor and settlement risk. Learn how to measure credit risk through ratings and modelling, assess risk, and apply mitigation tools like collateral and guarantees. Understand Basel Accord's capital calculation methods.
