Credit Departments within banks have become increasingly complex driven by the demands of regulation and business practices. This level of increase in sophistication has accelerated in recent years as many banks have developed credit departments with ever increasing responsibilities.
There has been an increased use of modelling credit risk as a result of the implementation of IFRS9 and also the developments in the global credit markets. The Credit Risk - Revised Capital Rules & Impact of Covid-19 Masterclass will take you through the key modelling techniques that are applied and highlighted to meet the demands of regulations. The crisis of 2020/2021 has resulted in the assessment of both corporate and retail customers becoming increasingly complex. The challenge is to move to a forward-looking model which properly assesses the key elements of credit risk. This will be considered throughout this course.
An understanding of the impact of the current crisis on credit risk modeling and assessment.
An appreciation of the key issues relating to credit models and how they can be resolved.
An understanding of the changing capital requirement and what this means for risk management and governance.
To enable attendees to appreciate the key issues relating to the modelling of credit risk and it’s role within the credit approval process.
To ensure the attendees understand what the main techniques currently employed and key approaches to this developing subject.
Using a series of practical case studies, participants will be taken through the key approaches and will learn lessons to be applied within their own organisations.
An understanding of the key challenges within credit risk emanating from the current crisis.
To appreciate how the rules are changing and the impact that this will have.
Dennis is the Chief Executive of Risk Reward Ltd, where he oversees all consulting and training projects. A UK Chartered Accountant and internationally recognized financial services risk management, compliance, internal audit and financial crime expert, he specializes in the interdisciplinary forward-looking impact of and opportunities of regulation, digital technologies, and the challenges surrounding credit, market, liquidity/treasury and operational risk, as well as successful compliance implementation techniques and model validation assessment, robustness and best practise.
He has more than 30 years of experience in the areas of risk, banking, financial crime, audit, and accounting having held senior management positions within the banking and accountancy profession as Head of Internal Investigations at HSBC Global Bank, Director, Risk Management at HSBC Insurance Brokers Limited, and Director, Risk Management, Prudential Portfolio Managers. Formerly he held a number of roles within the audit profession, Managers. Formerly he held a number of roles within the audit profession, including Senior Audit Manager (Compliance) at HSBC Holdings PLC and Senior Manager (Banking and Finance) at both BDO Binder Hamlyn and Arthur Young (now Arthur Anderson and Ernst & Young).
He is a Fellow, Co-founder and Chairman of the Risk Forum for the UK Chartered Securities and Investment Institute and administers the Risk Reward Global Risk Forum on LinkedIn. A Fellow of the Institute of Chartered Accountants (FCA), he has also been a National Council Member for 17 years and a representative of the public as Council Member of the Institute of Actuaries (Insurance) for 10 years. He teaches the Global Financial Compliance; Combatting Final Crime and the Conduct Risk courses as examination preparation for certification by the CISI.
He holds an honours degree in Mathematics from the London University Westfield College.