Writing Effective Credit Memos & Loan Narratives 2022 | Financial Education & Development Inc. | 20 April 2022 | Webinar
Venue
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| Event Date | Wed Apr 20 EDT (over 2 years ago) |
| Location | Webinar |
| Region | Americas |
Details
Credit memos and loan narratives are crucial to the loan committee, loan officers, and underwriters in making strong credit decisions; to loan review officers in understanding a credit being reviewed; and to examiners when reviewing your files. They can also document workout strategies for problem credits. This practical webinar will explain the essentials and even provide sample formats.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Identify the objectives of a credit memo to know what to include and exclude
• Understand the components of credit analysis, including terms, exposure summary, financial analysis, collateral, etc.
• Define and consider key financial ratios
• Structure a strong summary narrative
• Know what examiners look for in a sensitivity analysis (stress testing)
• Recognize the importance of the succession plan
• Draw clear credit-risk conclusions
• Provide a detailed record of strengths, weaknesses, and mitigants
• Explain the importance of documenting and monitoring loan policy exceptions
• Avoid common examiner criticisms in credit write-ups
Speakers
2022 Presenter
Molly Stull
Consultant, Brode Consulting Services, Inc.