Learning Objectives
In this seminar you will learn:
- The key drivers behind adopting a Credit Risk Management system
- How to determine the cost benefit of compliance
- How to approach related issues such as governance, enterprise risk management and compliance in the context of an Enterprise Risk Strategy
- The key challenges and obstacles to Credit Risk Management
- The expected benefits of improved Credit Risk Management
You can submit questions in advance for this webcast by clicking here.
Program content
A recent GartnerG2 Case Study, based on detailed discussions with executive-level business strategists and business managers at Lloyds TSB, found examples of best practices in Credit Risk in operation at the bank which is the second largest retail bank in the UK.
This webcast discussion covers the industry context and key drivers facing banks because of the Basel II Accord as seen from the point of view of the European Banking Federation (who represent 4000 european banks). It examines the strategy and approach of Lloyds TSB who successfully implemented a credit risk strategy to meet short term compliance needs while ensuring long term risk and technology needs are not compromised.
Participant level of understanding
This program is intended for participants with a basic or intermediate level of understanding on the topic.
About Sally Scutt & Shahram Sharifi
Sally Scutt is deputy chief executive of the British Bankers Association. She has responsibility for all the "over-arching" industry issues such as membership and policy, financial crime (including anti money laundering), tax, accounting and private banking, as well as strategic responsibility for the BBA's activity in Europe. She is Chair of the European Banking Federation's Capital Adequacy Working Group and is a member of the Executive Committee of the FBE. Sally also has responsibility for the BBA's commercial activities through BBA Enterprises. She began her career in corporate banking and capital markets, travelling extensively in Europe and then transferred to concentrate upon the development of investment products and private banking. With the Kleinwort Benson Group for 15 years, for the last couple of years she was chief operating officer and head of banking.
Shahram Sharifi is the divisional director responsible for credit risk within Lloyds TSB UK Retail Banking (UKRB). Previously, and following the merger of Lloyds and TSB Groups in 1995, Shahram was the Head of Credit Policy & Management in the UKRB Consumer Lending & Current Account (CL&CA) business unit.
Shahram joined TSB Retail Banking Division in 1988 and during the past 16 years he has been responsible, at various stages, for credit risk management of the main consumer lending products. In addition, he has also been responsible for the development of some of the major credit risk management re-engineering programmes within UK Retail Banking (UKRB) division. These included the lead project management of the Cheque Account Performance Scoring System and also the development of a brand wide Customer Decisioning System to support the Customer Focus Programme. Shahram has a degree in Structural Engineering from Sussex University.
