Auditing Credit Risk Management (ACRM)

This is an InClass / ON-SITE training course, please use our contact page to request more information and available dates.

Credit Departments within banks have become increasingly complex driven by the demands of regulation and the business. The level of sophistication has accelerated in recent years as many banks have developed credit departments with enhanced responsibilities. Basel II/III has set additional challenges both in terms of modelling and data collation which has exacerbated the need for change. Since the Internal Audit Function needs to address all areas of a bank, including the credit department, this provides Internal Auditors with additional challenges.

This class looks at a bank’s credit function and considers the best-practice approach that Internal Auditors should adopt when conducting this highly specialised audit. Some of the learning objectives of this Course are:

• To enable delegates to appreciate the key issues relating to control within the credit function and to understand its role in a bank.
• To ensure that delegates understand what are the main techniques currently employed and key approaches to this evolving subject.
• Using a series of practical case studies, delegates will be taken through key approaches and will learn lessons to be applied within their own banks.