Credit Risk for Non-Financial Firms Course

Credit risk is a form of financial risk that all companies are exposed to. This type of risk can arise in several different ways.

Managing credit risk should be aligned with the broader ecosystem of the risk management process. This process includes risk identification, assessment, treatment, monitoring and reporting.

In our Credit Risk for Non-Financial Firms course, you'll learn about credit risk and examine its key components.

About this Course

Available as part of our Risk Management Library.

Learning objectives

Understand what credit risk is, including its subtypes
Quantify and calculate credit risk
Recognise who manages credit risk within a company
Learn how to manage credit risk by identifying, assessing, treating, monitoring and reporting it
Recognise the importance of continual improvement for credit risk management

Course Contents

Welcome

- Learning objectives
- How to complete this course

What is credit risk?

- Types of credit risk
- You decide: What type of credit risk is it?
- What is default risk?
- In the news

Components of credit risk

- Calculating credit risk
- Scenario: The government bond investment

Who manages credit risk in a company?

- You decide: Who manages credit risk?

The Management of Risk (MoR) framework

Identifying credit risk

- Scenario: Late payments

Assessing credit risk

- You decide: Assessing creditworthiness

Corporate credit analysis

Determining credit risk appetite

- You decide: Engaging with credit risk appetite

Treating credit risk

- Credit risk controls
- You decide: Credit risk controls

Credit risk monitoring

- Scenario: Credit risk monitoring

Credit risk reporting

- Deeper dive: Credit risk reports
- You decide: Credit risk reporting

Continual improvement of credit risk

- Scenario 1: Rising inflation
- Scenario 2: The bankruptcy

Your responsibility

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 40-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.