Credit Risk Areas to Consider Credit Policy Credit Policy Credit Approval Authority Credit Approval Authority Limit Setting Limit Setting Pricing Terms and Conditions Pricing Terms and Conditions Documentation: Contracts and Covenants Documentation: Contracts and Covenants Collateral and Security Collateral and Security Collections, Delinquencies and Workouts Collections, Delinquencies and Workouts Exposure Management Exposure Management –Aggregation –Control Periodic Account Reviews Periodic Account Reviews –Payments/Aging –Credit Condition Compliance with Covenants, Terms Compliance with Covenants, Terms Technology/Reports Technology/Reports –Transactions/ Bookings –Risk-adjusted Return Sales Channels Sales Channels Risk Strategy Risk Strategy Underwriting Standards Underwriting Standards Credit Application Credit Application Analysis Analysis Business/ Industry Business/ Industry Financial Financial Credit Credit Credit Scoring and Ratings Credit Scoring and Ratings Origination/ Assessment Administration Monitoring/ Control Risk Management Portfolio Management Portfolio Management Concentration Concentration Diversification Diversification Allowance for Bad Debts Allowance for Bad Debts Risk Mitigation Risk Mitigation Objectives Objectives Type of Exposure Type of Exposure Instruments or Methods Instruments or Methods
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