Consumer Credit Risk Management Training Course

Introduction

Empower financial professionals to effectively manage credit risk in consumer lending with our comprehensive Consumer Credit Risk Management Training Course. This program equips you with the essential knowledge and skills to assess the creditworthiness of individual borrowers, develop effective credit scoring models, and implement strategies for mitigating potential losses. Mastering consumer credit risk management is increasingly vital for institutions seeking to maintain profitability, minimize defaults, and comply with regulatory requirements in the consumer lending sector. Our consumer lending risk management training course offers in-depth guidance and practical applications for navigating the complexities of consumer credit.

This Consumer Credit Risk Management training course delves into key areas such as credit scoring, risk assessment, regulatory compliance, portfolio management, and collections strategies. You will gain expertise in evaluating consumer credit applications, developing risk-based pricing models, and implementing strategies for managing delinquent accounts. Whether you are a credit analyst, loan officer, or risk manager specializing in consumer lending, this Consumer Credit Risk Management course will provide you with the tools and knowledge to confidently assess and manage consumer credit risk.

Target Audience:

• Credit Analysts
• Loan Officers
• Risk Managers
• Collections Officers
• Branch Managers
• Consumer Lending Specialists
• Finance Managers

Course Objectives:

• Understand the principles of consumer credit risk management.
• Master techniques for assessing individual creditworthiness.
• Develop effective credit scoring models.
• Ensure compliance with consumer credit regulations.
• Implement strategies for consumer loan portfolio management.
• Manage delinquent accounts and collections.
• Apply risk-based pricing
• Utilize data analytics in consumer credit risk management.

Duration

5 Days

Course content

Module 1: Principles of Consumer Credit Risk Management

• Understanding the principles of consumer credit risk management.
• Exploring the nature of consumer credit and its various forms.
• Understanding the key factors in assessing individual creditworthiness.
• Analyzing the different types of consumer credit products.
• Understanding the legal and regulatory framework for consumer credit.

Module 2: Assessing Individual Creditworthiness

• Mastering techniques for assessing individual creditworthiness.
• Understanding the components of a credit report.
• Evaluating credit history, income, and employment.
• Analyzing debt-to-income ratios and other financial metrics.
• Utilizing alternative data sources in credit assessment.

Module 3: Credit Scoring Models

• Developing effective credit scoring models.
• Understanding the principles of credit scoring.
• Exploring different types of credit scoring models.
• Developing and validating credit scoring models.
• Implementing and monitoring credit scoring systems.

Module 4: Consumer Credit Regulations

• Ensuring compliance with consumer credit regulations.
• Understanding key consumer protection laws and regulations.
• Adhering to fair lending practices.
• Complying with disclosure requirements.
• Implementing policies and procedures for regulatory compliance.

Module 5: Consumer Loan Portfolio Management

• Implementing strategies for consumer loan portfolio management.
• Understanding the principles of portfolio management.
• Segmenting and monitoring consumer loan portfolios.
• Measuring portfolio performance and risk.
• Developing strategies for optimizing portfolio profitability.

Module 6: Delinquent Accounts and Collections

• Managing delinquent accounts and collections.
• Understanding the collections process.
• Implementing effective collection strategies.
• Negotiating with borrowers and developing repayment plans.
• Understanding legal and ethical considerations in collections.

Module 7: Risk-Based Pricing

• Applying risk-based pricing
• Understanding the principles of risk-based pricing.
• Developing pricing models that reflect borrower risk.
• Evaluating the impact of pricing on portfolio performance.
• Implementing strategies for optimizing pricing and profitability.

Module 8: Data Analytics in Consumer Credit Risk Management

• Utilizing data analytics in consumer credit risk management.
• Understanding the role of data analytics in credit risk.
• Applying statistical techniques for risk assessment.
• Using machine learning for credit risk modeling.
• Leveraging data visualization for effective communication.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.