This document discusses trends in credit risk management. It outlines two paradigms - the classical paradigm which focuses on assessing risk and matching it with capital through diversification and collateral. The modern paradigm views credit risk as a tradable asset class managed dynamically through hedging and trading tools. The document also examines key drivers of change such as increased liquidity of credit risk and implications for credit risk management architecture and financial institutions.
Riskpro provides risk management advisory and consulting services to capital markets firms in India. It has offices in major cities across India and alliances in other cities. Riskpro aims to be the preferred provider of governance, risk, and compliance (GRC) solutions. It offers a hybrid delivery model with over 200 cumulative years of experience. Riskpro's services include risk assessments, compliance reviews, policy development, and training programs to help clients manage various risks like regulatory, operational, and people risks.
CREMAC was founded in 1995 to purchase distressed mortgage assets and restructured in 2007 to manage mortgage, real estate, and mortgage-backed securities. It has emerged as a vertically integrated mortgage company with several subsidiaries that specialize in different aspects of the industry like investment management, loan servicing, risk management, and transaction financing. CREMAC offers customized financial services to clients like portfolio valuation, loan review systems, and risk assessment to help banks manage commercial real estate concentrations.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities like Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro focuses on risk management and offers advisory services related to areas like credit risk, operational risk, IT risk, governance, and other risks. It aims to provide high quality risk consulting services at affordable rates compared to large consulting firms.
The document discusses the future of business process outsourcing (BPO). It notes that rising investments in BPO have led to an explosion in new entrants, creating market confusion and volatility. However, long-term business pressures are driving more outsourcing as companies look to move up the value chain from simple to complex business processes. The evolution of BPO models includes both offshore and onshore options across commodity and transformational approaches. Emerging offshore BPO opportunities exist in industries like banking, healthcare, and insurance. Joint ventures are presented as a potential BPO structure that can provide ownership, lower costs, and value creation. Outsourcing and reengineering processes can lead to dramatic performance improvements, as demonstrated by the
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
Riskpro provides integrated risk management consulting services to mid-large sized companies in India. It has offices in Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro is managed by experienced professionals with expertise across various industries. It offers services related to governance, risk and compliance including Basel II/III advisory, corporate risks, IT risk advisory, operational risk management, and training. Riskpro aims to be the preferred provider of complete GRC solutions in India.
Basel II is an international banking accord that establishes regulations on how much capital banks need to hold to protect against losses from various risks. It has three pillars - Pillar 1 sets minimum capital requirements for credit, market and operational risk. Pillar 2 deals with supervisory review of a bank's risk management framework. Pillar 3 focuses on market discipline through disclosure requirements. The accord aims to make capital requirements more risk sensitive and improve on the original 1988 Basel Accord.
Riskpro provides risk management advisory and consulting services across India through its network of offices. It offers a wide range of governance, risk and compliance services including Basel II/III advisory, corporate risk assessment, IT risk management, and operational risk consulting. Riskpro differentiates itself through its focus on risk management, experience, hybrid delivery model, and ability to handle large complex projects. It provides training, recruitment, and temporary staffing services to support clients' risk management functions.
Riskpro provides risk management advisory and consulting services to capital markets firms in India. It has offices in major cities across India and alliances in other cities. Riskpro aims to be the preferred provider of governance, risk, and compliance (GRC) solutions. It offers a hybrid delivery model with over 200 cumulative years of experience. Riskpro's services include risk assessments, compliance reviews, policy development, and training programs to help clients manage various risks like regulatory, operational, and people risks.
CREMAC was founded in 1995 to purchase distressed mortgage assets and restructured in 2007 to manage mortgage, real estate, and mortgage-backed securities. It has emerged as a vertically integrated mortgage company with several subsidiaries that specialize in different aspects of the industry like investment management, loan servicing, risk management, and transaction financing. CREMAC offers customized financial services to clients like portfolio valuation, loan review systems, and risk assessment to help banks manage commercial real estate concentrations.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities like Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro focuses on risk management and offers advisory services related to areas like credit risk, operational risk, IT risk, governance, and other risks. It aims to provide high quality risk consulting services at affordable rates compared to large consulting firms.
The document discusses the future of business process outsourcing (BPO). It notes that rising investments in BPO have led to an explosion in new entrants, creating market confusion and volatility. However, long-term business pressures are driving more outsourcing as companies look to move up the value chain from simple to complex business processes. The evolution of BPO models includes both offshore and onshore options across commodity and transformational approaches. Emerging offshore BPO opportunities exist in industries like banking, healthcare, and insurance. Joint ventures are presented as a potential BPO structure that can provide ownership, lower costs, and value creation. Outsourcing and reengineering processes can lead to dramatic performance improvements, as demonstrated by the
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
Riskpro provides integrated risk management consulting services to mid-large sized companies in India. It has offices in Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro is managed by experienced professionals with expertise across various industries. It offers services related to governance, risk and compliance including Basel II/III advisory, corporate risks, IT risk advisory, operational risk management, and training. Riskpro aims to be the preferred provider of complete GRC solutions in India.
Basel II is an international banking accord that establishes regulations on how much capital banks need to hold to protect against losses from various risks. It has three pillars - Pillar 1 sets minimum capital requirements for credit, market and operational risk. Pillar 2 deals with supervisory review of a bank's risk management framework. Pillar 3 focuses on market discipline through disclosure requirements. The accord aims to make capital requirements more risk sensitive and improve on the original 1988 Basel Accord.
Riskpro provides risk management advisory and consulting services across India through its network of offices. It offers a wide range of governance, risk and compliance services including Basel II/III advisory, corporate risk assessment, IT risk management, and operational risk consulting. Riskpro differentiates itself through its focus on risk management, experience, hybrid delivery model, and ability to handle large complex projects. It provides training, recruitment, and temporary staffing services to support clients' risk management functions.
1) A young woman walks alone through the streets of London on a bitterly cold evening, dressed finely but appearing small against the dreary surroundings.
2) She once followed strict etiquette but is now free to indulge her rebellious nature, yet still craves approval from the masculine authorities who set those rules.
3) Overcome with sorrow over being discarded, she leaves her home and goes to her neglected father's estate in London to find something of his to remind her of him, which gives her relief from her melancholy.
Este documento contiene 18 ejercicios de programación con sus respectivos algoritmos y diagramas de flujo. Cada ejercicio presenta un problema y los pasos necesarios para resolverlo mediante un algoritmo y diagrama de flujo. Los problemas incluyen operaciones matemáticas, lógica condicional y secuencias de pasos para realizar tareas cotidianas.
A report on Credit Risk Management in BanksAnurag Ghosh
This document discusses credit risk management in banks. It begins with an introduction and methodology section describing the sources of data analyzed. It then includes an index and sections on the banking scenario in India, credit policies, data analysis of NPA levels in major Indian banks showing a correlation between loans and NPAs, definitions of business and credit risk, causes of credit risk, credit risk assessment techniques, and other risk management strategies like credit ratings and ALM. The document analyzes challenges for banks and provides recommendations to better manage credit risk.
This document discusses the concept of collaborative consumption, which involves sharing, bartering, lending, trading, renting, gifting and swapping goods and services through online platforms. It notes that people increasingly want access to goods and experiences rather than ownership. Collaborative consumption is enabled by critical mass, unused goods, trust among strangers, and reputation systems. The document also discusses collaborative design and providing images and further resources on the topic.
The document provides an overview and key findings of a survey on the on-demand economy in the United States. It finds that:
1) 86 million Americans have used an on-demand service and 45 million have offered services, showing the large size and scope of the on-demand economy.
2) Users have had overwhelmingly positive experiences using on-demand services and value the opportunities, access, and savings they provide.
3) While most workers casually offer services, about a third earn over 40% of their income or say it is their primary source of income, showing a dependent group of "motivated workers".
Die Präsentation enhält alle Folien meiner Vorlesung an der BAW München im Lehrgang "Social Media Manager". Die Zielgruppe waren sowohl Unternehmensmitarbeiter, die Social Media in ihrer Firma implementieren möchten als auch Agentur-Mitarbeiter und selbstständige PR-Berater, die ein konkretes Social Media Projekt für ihre Agentur oder ihren Kunden bearbeiten. Es handelt sich um eine Zielgruppe, die bisher wenig in sozialen Medien unterwegs war.
Die Folien enthalten Basis-Informationen über gängige Social-Media Tools, die über Twitter und Facebook hinausgehen. Zum Ende beziehen sich die Folien auf die konkreten Projekte der Lehrgangs-Teilnehmer.
Ich freue mich über Fragen und Anregungen in den Kommentaren! Viel Spaß beim Anschauen :)
Link zum Lehrgang: http://www.baw-online.de/lehrangebot/lehrgaenge.php
The document discusses trends in credit risk management due to commoditization of credit risk. It identifies key drivers changing the traditional view of credit from illiquid to liquid and tradeable. This will require reengineering credit functions from static to dynamic credit risk management. Banks may shift focus from holding risk to originating and distributing risk through various models like securitization. The implications are operational changes to credit processes and strategic changes to business focus.
A credit rating is an evaluation of the credit risk of a borrower in terms of their ability to pay back debt. It is conducted by credit rating agencies and results in a standardized score or rating that represents the risk level to lenders. The rating is determined based on factors like the borrower's financial history and trends, revenues, cash flows, management and governance, industry risks, and macroeconomic conditions. Higher credit ratings indicate lower default risk and allow borrowers to borrow at lower interest rates.
The document provides salary ranges and job roles across various functions within insurance and financial services. It includes roles in audit, risk, compliance, actuarial, broking, claims, underwriting, change management, information technology, pensions, investments, projects and transformation, technical, and contract/interim positions. Salary packages or daily rates are provided for each along with relevant experience levels, responsibilities, insurance classes, and technical specializations.
Riskpro provides risk management advisory and consulting services to capital markets firms in India. It has offices in major cities across India and alliances in other cities. Riskpro aims to be the preferred provider of governance, risk, and compliance (GRC) solutions. It offers a hybrid delivery model with over 200 cumulative years of experience. Riskpro's services include risk assessments, compliance reviews, policy development, and training programs to help clients manage various risks like regulatory, operational, and people risks.
Oliver James Associates is a specialist recruitment firm for financial services in Switzerland. They focus on recruiting actuarial, risk, compliance, and quantitative professionals. They have established a large network of candidates in Switzerland and can source both local and international talent. Their recruitment methods include contingency search, retained search, and developing relationships with passive candidates not actively job searching.
Riskpro is an Indian risk management advisory and consulting firm with offices in multiple major cities. It offers a wide range of governance, risk, and compliance (GRC) services to mid-large sized corporate and financial institutions. Riskpro's team has over 200 years of cumulative experience in risk management consulting and internal audits. It provides quality advisory services at competitive rates using a hybrid delivery model combining client staff and its own experts.
Riskpro is an Indian risk management advisory and consulting firm with offices in multiple major cities. It offers a wide range of governance, risk, and compliance (GRC) services to mid-large sized corporate and financial institutions. Riskpro's team has over 200 years of cumulative experience in risk management consulting and internal audits. It provides quality advisory services at competitive rates using a hybrid delivery model combining client staff and its own experts.
The document discusses Riskpro's Governance, Risk, and Compliance (GRC) offering and approach for capital markets clients. It provides an overview of Riskpro's services in the areas of governance, risk management, and compliance. These include defining risk appetite, implementing risk scorecards, scanning emerging risks, policy development, regulatory reviews and audits, and selecting and implementing GRC technology and software solutions to help clients adapt to changes, manage risk, and achieve compliance. The document also provides examples of Riskpro's risk management solutions for stock broker companies and lists key compliance requirements in various areas.
Oliver James Associates is a leading search and selection firm operating exclusively in the financial services industry. They have successfully established themselves in Switzerland since 2010, specializing in actuarial, risk, compliance, and change management recruitment. They satisfy needs in the Swiss market by proactively identifying top talent, building client relationships, and offering search solutions tailored to clients' needs. They have the ability to source candidates globally through their international teams and experience relocating professionals to Switzerland.
Oliver James Associates is a leading executive search and selection firm operating exclusively in the financial services industry. They have established a presence in Switzerland since 2010, specializing in recruiting for actuarial, risk management, compliance, and change management roles. They work with both local and international candidates to fill mid-to-senior level positions for clients ranging from large multinational banks to smaller asset managers and insurers.
Oliver James Associates is a leading search and selection firm operating exclusively in the financial services industry. They have successfully established themselves in Switzerland since 2010, specializing in actuarial, risk, compliance, and change management recruitment. They satisfy needs in the Swiss market by proactively identifying top talent, building client relationships, and offering search solutions tailored to clients' needs. They have the ability to source candidates globally through their international teams and experience relocating professionals to Switzerland.
Enterprise risk management is not just a process credit unions utilize to mitigate and manage the negative consequences of normal business operations, it is a practice of balancing risk and profitability. By understanding and managing the critical uncertainties that affect day-to-day business, credit unions can execute the proper strategies to achieve their performance goals in a post-financial crisis era. In this 2011 NAFCU Annual Conference session you learn how to apply ERM to your corporate strategies, assure management that risks are properly identified and balance risk management and business objectives.
Presented by Radu Miclaus, Senior Analytics Solution Architect, SAS Institute, Inc.
More info at http://www.nafcu.org/sas
1) A young woman walks alone through the streets of London on a bitterly cold evening, dressed finely but appearing small against the dreary surroundings.
2) She once followed strict etiquette but is now free to indulge her rebellious nature, yet still craves approval from the masculine authorities who set those rules.
3) Overcome with sorrow over being discarded, she leaves her home and goes to her neglected father's estate in London to find something of his to remind her of him, which gives her relief from her melancholy.
Este documento contiene 18 ejercicios de programación con sus respectivos algoritmos y diagramas de flujo. Cada ejercicio presenta un problema y los pasos necesarios para resolverlo mediante un algoritmo y diagrama de flujo. Los problemas incluyen operaciones matemáticas, lógica condicional y secuencias de pasos para realizar tareas cotidianas.
A report on Credit Risk Management in BanksAnurag Ghosh
This document discusses credit risk management in banks. It begins with an introduction and methodology section describing the sources of data analyzed. It then includes an index and sections on the banking scenario in India, credit policies, data analysis of NPA levels in major Indian banks showing a correlation between loans and NPAs, definitions of business and credit risk, causes of credit risk, credit risk assessment techniques, and other risk management strategies like credit ratings and ALM. The document analyzes challenges for banks and provides recommendations to better manage credit risk.
This document discusses the concept of collaborative consumption, which involves sharing, bartering, lending, trading, renting, gifting and swapping goods and services through online platforms. It notes that people increasingly want access to goods and experiences rather than ownership. Collaborative consumption is enabled by critical mass, unused goods, trust among strangers, and reputation systems. The document also discusses collaborative design and providing images and further resources on the topic.
The document provides an overview and key findings of a survey on the on-demand economy in the United States. It finds that:
1) 86 million Americans have used an on-demand service and 45 million have offered services, showing the large size and scope of the on-demand economy.
2) Users have had overwhelmingly positive experiences using on-demand services and value the opportunities, access, and savings they provide.
3) While most workers casually offer services, about a third earn over 40% of their income or say it is their primary source of income, showing a dependent group of "motivated workers".
Die Präsentation enhält alle Folien meiner Vorlesung an der BAW München im Lehrgang "Social Media Manager". Die Zielgruppe waren sowohl Unternehmensmitarbeiter, die Social Media in ihrer Firma implementieren möchten als auch Agentur-Mitarbeiter und selbstständige PR-Berater, die ein konkretes Social Media Projekt für ihre Agentur oder ihren Kunden bearbeiten. Es handelt sich um eine Zielgruppe, die bisher wenig in sozialen Medien unterwegs war.
Die Folien enthalten Basis-Informationen über gängige Social-Media Tools, die über Twitter und Facebook hinausgehen. Zum Ende beziehen sich die Folien auf die konkreten Projekte der Lehrgangs-Teilnehmer.
Ich freue mich über Fragen und Anregungen in den Kommentaren! Viel Spaß beim Anschauen :)
Link zum Lehrgang: http://www.baw-online.de/lehrangebot/lehrgaenge.php
The document discusses trends in credit risk management due to commoditization of credit risk. It identifies key drivers changing the traditional view of credit from illiquid to liquid and tradeable. This will require reengineering credit functions from static to dynamic credit risk management. Banks may shift focus from holding risk to originating and distributing risk through various models like securitization. The implications are operational changes to credit processes and strategic changes to business focus.
A credit rating is an evaluation of the credit risk of a borrower in terms of their ability to pay back debt. It is conducted by credit rating agencies and results in a standardized score or rating that represents the risk level to lenders. The rating is determined based on factors like the borrower's financial history and trends, revenues, cash flows, management and governance, industry risks, and macroeconomic conditions. Higher credit ratings indicate lower default risk and allow borrowers to borrow at lower interest rates.
The document provides salary ranges and job roles across various functions within insurance and financial services. It includes roles in audit, risk, compliance, actuarial, broking, claims, underwriting, change management, information technology, pensions, investments, projects and transformation, technical, and contract/interim positions. Salary packages or daily rates are provided for each along with relevant experience levels, responsibilities, insurance classes, and technical specializations.
Riskpro provides risk management advisory and consulting services to capital markets firms in India. It has offices in major cities across India and alliances in other cities. Riskpro aims to be the preferred provider of governance, risk, and compliance (GRC) solutions. It offers a hybrid delivery model with over 200 cumulative years of experience. Riskpro's services include risk assessments, compliance reviews, policy development, and training programs to help clients manage various risks like regulatory, operational, and people risks.
Oliver James Associates is a specialist recruitment firm for financial services in Switzerland. They focus on recruiting actuarial, risk, compliance, and quantitative professionals. They have established a large network of candidates in Switzerland and can source both local and international talent. Their recruitment methods include contingency search, retained search, and developing relationships with passive candidates not actively job searching.
Riskpro is an Indian risk management advisory and consulting firm with offices in multiple major cities. It offers a wide range of governance, risk, and compliance (GRC) services to mid-large sized corporate and financial institutions. Riskpro's team has over 200 years of cumulative experience in risk management consulting and internal audits. It provides quality advisory services at competitive rates using a hybrid delivery model combining client staff and its own experts.
Riskpro is an Indian risk management advisory and consulting firm with offices in multiple major cities. It offers a wide range of governance, risk, and compliance (GRC) services to mid-large sized corporate and financial institutions. Riskpro's team has over 200 years of cumulative experience in risk management consulting and internal audits. It provides quality advisory services at competitive rates using a hybrid delivery model combining client staff and its own experts.
The document discusses Riskpro's Governance, Risk, and Compliance (GRC) offering and approach for capital markets clients. It provides an overview of Riskpro's services in the areas of governance, risk management, and compliance. These include defining risk appetite, implementing risk scorecards, scanning emerging risks, policy development, regulatory reviews and audits, and selecting and implementing GRC technology and software solutions to help clients adapt to changes, manage risk, and achieve compliance. The document also provides examples of Riskpro's risk management solutions for stock broker companies and lists key compliance requirements in various areas.
Oliver James Associates is a leading search and selection firm operating exclusively in the financial services industry. They have successfully established themselves in Switzerland since 2010, specializing in actuarial, risk, compliance, and change management recruitment. They satisfy needs in the Swiss market by proactively identifying top talent, building client relationships, and offering search solutions tailored to clients' needs. They have the ability to source candidates globally through their international teams and experience relocating professionals to Switzerland.
Oliver James Associates is a leading executive search and selection firm operating exclusively in the financial services industry. They have established a presence in Switzerland since 2010, specializing in recruiting for actuarial, risk management, compliance, and change management roles. They work with both local and international candidates to fill mid-to-senior level positions for clients ranging from large multinational banks to smaller asset managers and insurers.
Oliver James Associates is a leading search and selection firm operating exclusively in the financial services industry. They have successfully established themselves in Switzerland since 2010, specializing in actuarial, risk, compliance, and change management recruitment. They satisfy needs in the Swiss market by proactively identifying top talent, building client relationships, and offering search solutions tailored to clients' needs. They have the ability to source candidates globally through their international teams and experience relocating professionals to Switzerland.
Enterprise risk management is not just a process credit unions utilize to mitigate and manage the negative consequences of normal business operations, it is a practice of balancing risk and profitability. By understanding and managing the critical uncertainties that affect day-to-day business, credit unions can execute the proper strategies to achieve their performance goals in a post-financial crisis era. In this 2011 NAFCU Annual Conference session you learn how to apply ERM to your corporate strategies, assure management that risks are properly identified and balance risk management and business objectives.
Presented by Radu Miclaus, Senior Analytics Solution Architect, SAS Institute, Inc.
More info at http://www.nafcu.org/sas
The document discusses risk management services provided by BRIDGEi2i Analytics Solutions. It summarizes that the company helps businesses manage various risks proactively to protect profitability rather than reacting to disasters. The services provide insights into risks like credit, market, operational and liquidity risks through analyzing transaction data, customer demographics, portfolio financials and social/web information. This helps businesses optimize portfolios, comply with regulations, detect fraud, improve collections and avoid hazards. The overall goals are increased returns on assets, compliance and brand image.
Risk Skills is a recruitment firm that specializes in risk, compliance, and internal audit professionals. They have over 30,000 professionals in their database and extensive experience recruiting for roles like credit risk managers, compliance officers, and operational risk analysts. The risk management industry is growing as organizations increase their investment in these functions after high-profile financial crises. Risk Skills aims to help clients fill needs for specialists with knowledge of the changing regulatory environment.
This document provides information about Oliver James Associates, a search and selection consultancy operating exclusively within the financial services industry. It summarizes their specialized approach and recruitment methodology. They focus on niche areas within financial services to develop detailed knowledge and networks. Their methodology includes in-depth consultations, thorough searching through various methods, candidate selection and presentation, offer management, and post-acceptance support. They have specialist teams covering areas like compliance, risk management, quantitative finance, and more.
The document discusses Oliver James Associates, a search and selection consultancy operating exclusively within the financial services industry. It focuses on their specialist approach, providing recruitment solutions through niche teams with detailed knowledge of technical requirements. The structure chart outlines their specialist teams covering areas like risk management, compliance, internal audit, and quantitative finance. Examples of placements they have made at banks and insurers are also provided.
Oliver James Associates Brochure BankingKuhinoorKabir
This document provides information about Oliver James Associates, a search and selection consultancy operating exclusively within the financial services industry. It summarizes their specialized approach and recruitment methodology. They focus on niche areas within financial services to develop detailed knowledge and networks. Their recruitment process involves an in-depth initial consultation, thorough searching through various methods, candidate selection, presentation and interview coordination, offer management, and post-acceptance support. They have specialist teams focused on areas like compliance, risk management, quantitative finance, and internal audit.
The document discusses integrated risk management (IRM) in banking. It outlines drivers for IRM including convergence of marketing, risk, and financial data and external regulatory pressures. It describes the desired evolution from siloed risk views to an integrated risk landscape. It also discusses building IRM capabilities in Indian banks through developing people, analytics, data resources, and preparing for sophisticated markets and instruments over time while following regulatory directives.
This document discusses operational risk and provides details on its definition, measurement, and management. It defines operational risk as losses resulting from inadequate or failed internal processes, people, and systems or from external events. It describes the Basic Indicator Approach, Standardized Approach, and Advanced Measurement Approach for calculating operational risk capital charges under Basel II. It also outlines the data elements, risk categories, and tools used to measure and manage operational risk.
The document summarizes the retail banking system in India as presented by Varsha Golekar. It discusses how retail banking has shifted from being credit and risk focused to being more customer centric. It provides an overview of the products, services, and processes involved in retail banking. Specifically, it describes TJSB Sahakari Bank Ltd's centralized retail banking cell and its processing of retail loans. It discusses the key risks in retail banking and the general documents required for loan applications and recovery processes.
2. KEY PROPOSITION
• THE ADVENT OF ACTIVE AND LIQUID CREDIT
TRADING WILL REQUIRE
– COMPLETE RE-ENGINEERING OF THE CREDIT
FUNCTION & PROCESS
– ALTER THE NATURE OF BANKING
FUNDAMENTALLY
3. AGENDA
• KEY DRIVERS OF CHANGE
• CREDIT RISK MANAGEMENT PARADIGMS
– CLASSICAL
– MODERN
• CREDIT RISK MANAGEMENT ARCHITECTURE
• IMPLICATIONS FOR FINANCIAL SERVICES
4. KEY DRIVERS OF CHANGE
• KEY FEATURE OF CREDIT RISK
– CENTRAL TO ALL FINANCIAL TRANSACTIONS
• TRADITIONAL VIEW OF CREDIT
– ILLIQUID
• CURRENT VIEW OF CREDIT
– LIQUID & TRADEABLE
• SHIFT FROM STATIC MANAGEMENT OF CREDIT
TO DYNAMIC MANAGEMENT OF CREDIT RISK
5. KEY DRIVERS OF CHANGE
• SHAREHOLDER VALUE ISSUES
– RETURN ON CREDIT CAPITAL
– OPTIMISATION OF RETURN ON CREDIT
CAPITAL
• CHANGES IN FINANCIAL SERVICES
– VALUE CHAIN IN FINANCIAL SERVICES
– TREND TO UNBUNDLING THE
MICROSTRUCTURE
9. KEY DRIVERS OF CHANGE
• DEVELOPMENTS IN CREDIT ENHANCEMENT
TECHNIQUES
– BI-LATERAL
– MULTILATERAL
• ADVANCES IN CREDIT/ DEFAULT RISK THEORY
• INFRASTRUCTURE DEVELOPMENTS
– SYSTEMS CAPABILITIES
10. KEY DRIVERS OF CHANGE
• CHANGE IN REGULATORY FRAMEWORK
– SHIFT TO CAPITAL BASED REGULATION
– REGULATORY ARBITRAGE
– (POSSIBILITY) OF MODEL BASED CREDIT RISK
CAPITAL
11. KEY DRIVERS OF CHANGE
• KEY NEAR TERM FACTORS
– CREDIT CAPITAL MANAGEMENT
– CREDIT PRICING
– CREDIT RISK MANAGEMENT
– REGULATORY DEVELOPMENTS
– SHIFTS IN BANKING STRATEGY
12. CREDIT RISK PARADIGMS
• TYPES
– CLASSICAL
– MODERN
• KEY ISSUE
– APPLICABILITY TO DIFFERENT MARKET
SEGMENTS
18. IMPLICATIONS OF CLASSICAL PARADIGM
• CREDIT RISK ASSUMPTION
• CREDIT PRICING
• CREDIT CAPITAL MANAGEMENT
• CREDIT RISK FOCUS
• CHANGES IN CREDIT QUALITY
• PERFORMANCE ATTRIBUTION OF ORIGINATORS
• PERFORMANCE OF CREDIT FUNCTION
19. MODERN PARADIGM
• CONCEPT
– CREDIT RISK AS A SEPARATE TRADEABLE
ASSET CLASS
– RISK MANAGED DYNAMICALLY THROUGH
HEDGING AND TRADING TOOLS
• SCHEMATIC
23. IMPLICATIONS OF MODERN PARADIGM
• CREDIT RISK ASSUMPTION
• CREDIT PRICING
• CREDIT CAPITAL MANAGEMENT
• CREDIT RISK FOCUS
• CHANGES IN CREDIT QUALITY
• PERFORMANCE ATTRIBUTION OF ORIGINATORS
• PERFORMANCE OF CREDIT FUNCTION
24. IMPLICATIONS OF MODERN PARADIGM
• CLIENT MANAGEMENT
– CORE VERSUS NON CORE CLIENTS
– HOME VERSUS FOREIGN MARKETS
25. CREDIT RISK MANAGEMENT ARCHITECTURE
• CONCEPT
– RISK MANAGEMENT SYSTEMS COMPONENTS
– INFORMATION SYSTEMS
• SCHEMATICS
26. C R E D IT R IS K M A N A G E M E N T A R C H IT E C T U R E
C R E D IT A N A L Y S IS C R E D IT P O R T F O L IO M O D E L L IN G / C R E D IT T R A D IN G
C R E D IT P R IC IN G
C R E D IT C A P IT A L M A N A G E M E N T
E C O N O M IC C A P IT A L
R E G U L A T O R Y C A P IT A L
C R E D IT E N H A N C E M E N T C R E D IT A D M IN IS T R A T IO N C R E D IT S Y S T E M S /
IT IN F R A S T R U C T U R E
27. •CREDIT EXPOSURE - STATIC & DYNAMIC (PFCE MODEL)
•DEFAULT PROBABILITY/ RATINGS MIGRATION
•RECOVERY RATES
•DEFAULT CORRELATIONS
•PORTFOLIO
RATING MODELS
MODELS
•INTERNAL CREDIT CREDIT
RISK DATA •PRICING
ANALYSIS MODELS
•EXTERNAL MODELS
TRANSACTION
DATA
CREDIT •COLLATERAL
OBLIGOR/ DATA
CREDIT •NETTING
COUNTERPARTY ENHANCEMENT •CLEARING
DATA
HOUSE
•ECONOMIC
CAPITAL
CREDIT
•REGULATORY LIMIT
CAPITAL ADMINISTRATION
CAPITAL MANAGEMENT
•PROVISIONING REPORTING
•SETTLEMENT LIMITS
•RISK LIMITS
28. IMPLICATIONS FOR FINANCIAL SERVICES
• TYPES
– MICRO(OPERATIONAL)
• REDEFINITION OF CREDIT PROCESS WITHIN
ORGANISATIONS
– MACRO(STRATEGIC)
• REDEFINITION OF BUSINESS FOCUS
30. STRATEGIC CHANGES
• THEME
– SHIFT FOCUS OF BANKS FROM HOLDER OF
RISK TO ORIGINATORS AND DISTRIBUTORS OF
RISK
• MODELS OF BANKING PRACTICE
31. MODEL 1 - CLASSICAL BANKING MODEL
LOAN TRANSACTION DEPOSIT TRANSACTION
DEPOSITOR
BORROWER BANK
BANK ORIGINATES, FUNDS, ADMINISTERS
AND RETAINS CREDIT RISK OF BORROWER
32. MODEL 2 - INVESTMENT BANKING/ SECURITIES MODEL
ISSUE OF SECURITIES DISTRIBUTION OF SECURITIES
INVESTOR
BORROWER BANK
UNDERWRITING OF PLACEMENT OF SECURITIES
AND SYNDICATION OF UNDERWRITING RISK
OTHER BANKS
BANK ORIGINATES TRANSACTION AND MAY ADMINISTER IT AS
PAYMENT AGENT. FUNDING AND CREDIT RISK OF BORROWER IS
TRANSFERRED TO INVESTOR. PRIMARY RISK IS UNDERWRITING
WHICH IS SYNDICATED TO REDUCE RISK LEVEL,
33. MODEL 3 - SECURITISATION MODEL
SALE OF LOAN BACKED
LOAN TRANSACTION
SECURITIES
SECURITISATION
BORROWER BANK INVESTOR
VEHICLE
SALE OF LOAN TO
SECURITISATION VEHICLE
BANK ORIGINATES AND ADMINISTERS THE LOAN. BANK SELLS LOAN TO
SECURITISATION VEHICLE WHICH ISSUES LOAN ASSET BACKED SECURTIES.
FUNDING AND CREDIT RISK OF BORROWER IS BORNE BY INVESTOR. BANK RISK IS
CONFINED TO CREDIT RISK PRE-SALE TO SECURITISATION VEHICLE AND ANY
UNDERWRITING RISK ON THE PLACEMENT OF THE LOAN ASSET BACKED SECURITIES
34. MODEL 4 - ECONOMIC RISK TRANSFER MODEL
LOAN TRANSACTION CREDIT DEFAULT SWAP OR
CREDIT LINKED NOTE
INVESTOR/
BORROWER BANK
OTHER BANK
BANK ORIGINATES, FUNDS AND ADMINISTERS THE LOAN. CREDIT RISK OF
BORROWER IS TRANSFERRED TO INVESTORS OR OTHER BANKS. BANK
CREDIT RISK IS PRE ECONOMIC HEDGE ONLY. WHERE A CREDIT LINKED
NOTE IS ISSUED THE INVESTOR/ OTHER BANK ALSO PROVIDES FUNDING.
35. KEY CHALLENGES
• CREDIT RISK MODELLING PROBLEMS
• DEVELOPMENT OF CREDIT TRADING
• CREDIT ENHANCEMENT PROBLEMS
• CHANGES IN CREDIT INFRASTRUCTURE
• CHANGE MANAGEMENT
36. CONCLUSIONS
• THE ADVENT OF ACTIVE AND LIQUID CREDIT
TRADING WILL REQUIRE
– COMPLETE RE-ENGINEERING OF THE CREDIT
FUNCTION & PROCESS
– ALTER THE NATURE OF BANKING
FUNDAMENTALLY