The demands of regulation and business practices have made credit departments within banks increasingly more complex. Since the internal audit function needs to address all areas of a financial institution, including the credit department, auditors face additional challenges.

This interactive three-day seminar will hold a magnifying glass to the credit function and examine a proven approach for auditing this critical area. You will review public information on current company structures to discover the role of the credit department within a major financial services organization. You will gain an understanding of the risks of lending decisions and cover the difference in audit approaches between the audits of personal and corporate lending. You will also explore personal and corporate credit analysis and get up to speed on the latest regulatory requirements. Class exercises throughout this intensive seminar will reinforce what you learn.

Prerequisites: Knowledge of audit techniques and financial services is recommended.

Advance Preparation: None          Learning Level: Intermediate

Delivery Method: Group-Live          Field: Auditing