On Demand Course

Writing a Credit Policy

Understand how your credit policy is the rule book for your institution’s credit risk management strategy, and reflects your organizations credit culture.

 Learning Objectives

After attending this presentation, participants will be able to:

  • Diagnose your own credit policies to identify any gaps
  • Identify how to write practical and understandable policies that meet regulatory expectations for content
  • Implement and maintain the processes and procedures needed to ensure that their policies are kept current and accurate
  • Monitor compliance with policies by means of tracking exceptions to policies and resolving the reasons for the deviations
Dev Strischek 1 HR
Included with Team Membership

About This Course

Right or wrong, credit policy is the organization’s rule book for its credit risk management strategy, and it also reflects the organization’s credit culture. Both the market and the regulatory agencies expect the credit policy to be accurate, current, and succinct so that both line and credit have unambiguous and clear direction on how to identify, evaluate, underwrite, approve, book and monitor creditworthy clients. A well-crafted credit policy will ensure everyone is on the same page, reduces conflict and confusion, minimizes the need for rigid controls and supports your organizational vision and mission.

Topics covered in this session

  • Basic topics and contents of credit policy
  • Content expectations of regulatory agencies
  • Tips on how to write credit policy
  • Examples of typical credit policy guidance
  • Credit policy standard format
  • Policy exceptions and their role in credit risk management
  • Indicators of possible need for revision of credit policy

 

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation. 

Your Instructor

Dev Strischek
Dev Strischek

A frequent speaker, instructor, advisor and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek is principal of Devon Risk Advisory Group based near Atlanta, Georgia. Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc. Dev is the former SVP and senior credit policy officer at SunTrust Bank, Atlanta. He was responsible for developing, implementing, and administering credit policies for SunTrust’s wholesale lines of business--commercial, commercial real estate, corporate investment banking, capital markets, business banking and private wealth management. Prior to SunTrust, Mr. Strischek was chief credit officer for Barnett Bank’s Palm Beach market. Dev is also a member of the Financial Accounting Standards Board’s (FASB’s) Private Company Council (PCC).

Training your team?

This course is covered under team memberships.

See Team Memberships
Buying for yourself?
$ 99
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 99
per attendee