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Seminar
Description
The Risk Management Best Practices – New Accounts Seminar, hosted by
PIC Solutions, is a two-day seminar providing delegates with a
comprehensive understanding of the concepts and practical
implementation of best practice credit risk management in the
applications processing arena. The newly updated courseware includes
suggestions and recommendations relating to the implementation of
adjustments to policies and procedures required by the National
Credit Act.
This seminar is practically focused and international best practice
concepts are reinforced using practical case studies and exercises.
This approach, combined with highly experienced presenters, ensures
that delegates return to their work environments with a clear
understanding of the concepts and practical implications of best
practice credit risk management. Furthermore, the lively debate and
interaction between delegates and presenters guarantee an enjoyable
yet valuable learning experience.
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Seminar Contents
Leading experts
in the credit risk management arena will cover the following topics
in this intensive two-day seminar:
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The language and principles of credit scoring.
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New accounts initiation principles and best practices to ensure
optimum profitability.
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International and domestic best practices for setting
appropriate new accounts business policies.
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Applications processing best practices and strategies, including
a case study and exercise.
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Strategies for maximising the use of credit bureau data and
credit bureau scores in the applications processing arena.
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Key Benefits
This seminar will empower you to:
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Understand the principles and theory of credit scoring.
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Understand the best practice principles and strategies that
should be considered during the account initiation process.
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Understand the advantages of using credit bureau data in your
application process.
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Why Should you attend this Seminar?
What are the best practice principles
that should be used in relation to the risk assessment processes for
new accounts? What are the key principles that should be considered
during the affordability assessment process? What are the local and
international best practices applicable when creating policies and
workflow for new accounts? This seminar provides the answers to
these and other critical credit risk questions.
Who is this seminar aimed at?
Everyone who is involved with account origination within your
organisation. Previous seminars have been attended by the following
consumer credit professionals:
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The South African Credit Environment
In
South Africa, the ratio of household debt to disposable income has
grown to a record height of 73%, as at December 2006. Credit growth
is likely to remain strong ahead of the implementation of the
National Credit Act which is aimed at curbing irresponsible lending.
This industry growth will further increase the already critical
reliance on credit systems to ensure the continuing success of all
companies offering credit.
In Credit, leading-edge technology is one of the key drivers
ensuring efficiency and optimal results. It is important that your
ICT systems are synchronised with and support your credit
strategies and the overall goals of your credit department in order
to assure a consistent, successful approach.
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Pre-requisites
The seminar assumes some familiarity with scoring and the consumer
credit industry.
The recommended prerequisite for delegates with no prior exposure to
scoring is the Introduction to Scoring Seminar.
Materials
All attendees receive
the Risk Management Best Practices – New Accounts Seminar binder. A
Certificate is awarded to all delegates that complete the seminar. |
