Over the course of last two decades, Credit Risk Analytics has become an integral part of overall strategy of banking organizations across the world due to increasing complexity of financial markets and enhanced computing abilities enabling easier and faster analysis of large volumes of data. Each bank have a considerably sized Risk vertical with focus on Risk Management and Analytics where Risk Management and Risk Analytics professionals work hand-in- hand to manage and mitigate Risks faced by the banking organizations. The Risk Analytics professionals focus on the quantitative assessment, analysis and mitigation methods of banking risk.
In India, more than three fourth of professionals employed on Risk Analytics profiles in Banking space are concentrated on Retail Banking Credit Risk Analytics. Analytics as an industry has grown multi-fold in the last decade and demand for skilled Risk Analytics professionals has increased considerably with Analytics viewed as a means of competitive strategy and with stricter global regulations coming in force demanding banks to move from an Accounting & Human judgement based Risk Management to Quantitative Analytics based Portfolio Risk Management.
The training is designed to build retail credit risk experience using some of the key scenarios of credit risk analytics.