Credit Risk Management
A holistic approach to managing risk within credit portfolios.
A holistic approach to managing risk within the credit portfolios is essential in today’s fast-paced highly regulated environment. Our team of financial industry experts provides financial institutions with a robust credit risk management system to keep institutions safe, sound, and compliant. Each component works independently, or together, based on an institution’s needs and complexities. Our seamless, technology-infused approach to the credit risk function is delivered through our LoanReviewPRO, StressTestPRO, and CECLAdvisorPRO® suite of services.
An effective Credit Risk Review function is integral to the safe and sound operation of every insured depository institution. The results of the credit risk review can help ensure the Allowance for Credit Losses (ACL) adequately reflects risk in the institution’s loan portfolio, as well as providing critical information for the implementation of CECL. The focus of the credit risk review system is on the assessment of credit quality in the credit portfolios, which is an important input into the determination of the ACL. An effective credit risk review system considers any information available that can impact or provide insight into the quality of the portfolio.
LoanReviewPRO is a secure, technology-infused solution designed to help protect one of your most valuable assets – the loan portfolio. Our LoanReviewPRO services bring you the comfort of decades of loan review experience and a secure, cloud-based technology solution to make managing credits risks more efficient than ever.
Why is LoanReviewPRO the right choice for your institution?
Community banks, regardless of size, should have the capacity to analyze the potential impact of adverse outcomes on their financial conditions. Various types of stress test methods that financial institutions may use should match their unique business strategy, size, products, sophistication, and overall risk profile.
Our StressTestPRO solution includes:
CECL allows expected credit loss estimation approaches that build on existing credit risk management systems and processes, as well as existing methods for estimating credit losses. However, certain inputs into these methods will need to change to achieve an estimate of lifetime credit losses. To estimate expected credit losses under CECL, institutions will use a broader range of data than under existing accounting standards. These data include information about past events, current conditions, and reasonable and supportable forecasts relevant to assessing the collectability of the cash flows of financial assets.
What Our Clients Say
“We are very pleased with the ability to upload, comment, and see exceptions in real-time. Also, we are ecstatic about LoanReviewPRO‘s summary pages, graphs, etc.”