Credit Risk in Emerging Markets

For dates and locations click here

Module I: Overview of Risk in Emerging Markets

Define economic and country risk
Identify and analyze other risks in emerging markets
Market (interest rate, commodity, and currency risks)
Liquidity, operations, and legal risks
Evaluate corporate governance, complex ownership structures, and government stakes
Case Study

Module II: The Credit Process

Identify the importance of each component of the credit process
Evaluate the critical importance of the identification, measurement and evaluation of risk in the credit process
Evaluate the quality of the credit process
Establish how disbursed loans and derivatives counterparties need to be monitored
Compare and contrast strategies to work out problem loans and problems with derivatives counterparties

Module III: Credit Analysis

Describe the basic elements of a quality credit process
Establishing underwriting criteria
Steps to assess potential borrower's credit worthiness
Internal financial information
Market signals
Ratings, stock price, and credit spreads
Analyzing borrower's and counterparty' collateral
Discern best practice credit analysis techniques when reviewing emerging market borrower financial statements
Analyze key factors in a balance sheet, income statement, and cash flow statements
Compare and contrast useful financial ratios
Evaluate the appropriateness, quality and results of the credit analysis techniques used in the credit process
Compare and contrast rating agencies' credit analysis
Case Study

Module IV: Overview of Credit Risk Measurement

Discuss typical measurement models used by credit risk practitioners
Compare and contrast measurement models and their applicability to emerging markets
CVaR
Credit Risk Metrics
KMV
Identify advantages and risks in credit risk models as applied to emerging markets

To Register: Online click here, contact
the Institute at 202.223.1528
or via e-mail at info@theIFM.org