Credit Managers' Risk Mitigation

Small financial institutions must assess credit risks carefully to make informed underwriting decisions to avoid financial losses. If your examiner detects compliance weaknesses or failures, it has a broad range of corrective tools - from informal comments to formal enforcement action; so, your institution has strong incentives to stay in compliance.

Credit Managers' Risk Mitigation includes the following key section:

•   Managing Credit Risk
•   Credit Risk Management Techniques
•   Managing Consumer Credits
•   Managing Commercial Credits

From credit planning to appraisals to documentation, this manual guides you through the credit process with clear guidelines you can use for your operation. The principles, practices, and techniques discussed in this manual are based on tried-and-true methods institutions have used in modern times to protect against losses while meeting regulatory and accounting requirements. Helpful tools, such as sample documents and checklists are included.