PRM04: Credit Risk Management
 
Comments from past participants:

"I enjoyed the two-day training session with Jeff. Jeff is unique in his ability to explain difficult concepts with ease."

- Mr. Mohammad Ahsan Awan United Bank Limited, Pakistan. [Class of August 2007]

"I have been working in Basel II and Operational Risk area for the last two years. I found the seminar very informative. Dr. Jeff Lim appeared to have a very strong command over the new Basel II accord. The course material designed by him was very useful which highlighted the core areas of statistical (PD, LGD and EAD) modeling under Basel II."

- Mr. Syed Nazish Abbas Rizvi United Bank Limited, Pakistan. [Class of August 2007]

"The Credit Risk Management seminar was very informative!"

- Mr. S. M. Arshad MCB Bank Limited, Pakistan. [Class of September 2007]

"This seminar has been informative and an ‘eye-opener’ in credit risk management.  After many years of managing credit risk in local and APAC context, this seminar made me realize that there is a lot more to learn and do to manage risk.  This seminar is a must for any credit professional who wants to excel in this field and I will strongly recommend it to my peers and credit team. This is not a basic course that rumbles about financial ratios and legal recovery process. If one could conceptualize the theories and apply it as part of their risk management tools, it will bring their profession to a completely different level."

- Mr. Sammy Sang ECICS Limited, Singapore. [Class of October 2007]

"The Seminar was fun and engaging! Look forward to joining more seminars conducted by Jeff."

- Ms. Rebecca Teo Chay Teng Saxo Capital Markets Pte. Ltd., Singapore. [Class of October 2007]

"It is a very interesting seminar where we get to see credit risk management in a new light that would be beneficial to both the banking and non-banking industries. A good seminar with dedicated instructor and will recommend it to other credit risk managers!"

- Mr. Edward Wan CIMB Bank Berhad, Singapore. [Class of June 2008]

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Highlights

• Risk Management is everyone’s business, not just the CEO’s, CFO’s or CRO’s.
• Have an Overview of Enterprise Risk Management and understand how Credit Risk Management is an integral part of Enterprise Risk Management.
• Have a clear understanding that Credit Risk Management cannot exist in a silo, and that to manage Credit Risks effectively, one must also have a good understanding of Market Risk and Operational Risk Management.
• Have an Understanding of the Link Between A CounterParty’s Enterprise Risk Exposures and The Bank’s Credit Risk Exposure To The CounterParty and A CounterParty’s Default.
• Have an Understanding of The Role of Credit Officers and Credit Risk Managers as Gate-Keepers of a Bank’s Assets.
• “Dirty your Hands” going through a Monte Carlo event simulation process.
• Be introduced to the notion of Probability of Defaults, Exposure Given Default and Recovery Rates, and how one can use these components to compute the Expectation of Credit Losses.
• Be introduced to the quantitative side of risk measurement – Value-at-Risk (VaR) and Conditional Value-at-Risk (C-VaR).
• Be introduced to The Basel Capital Accord.

(Participants may be eligible for Financial Sector Development Fund (FSDF) grant support on a case-by-case basis. Please submit applications to the FSDF Secretariat directly. As part of the application and evaluation process, participants will be required to complete and submit an FSDF evaluation form upon completion of the seminar.) Download a copy of the Monetary Authority of Singapore - Financial Sector Development Fund (FSDF) Training Scheme Application and Evaluation forms.