top of page
  • Frank Tian

๐Ÿ“‚ โ€œWhere can I find that document?โ€

Did you ask this question in the past few weeks, hoping that your colleague was still in the office?

Or did you get asked about this question? Hopefully not when you were enjoying the holidays on the beach.

As everyone is back in the office, it is time to revisit some less urgent but important tasks - such as the documentation.

Here is a list of documents a credit risk team wants to have in a centralized location:

๐Ÿ“Œ Chronology log

๐Ÿ“Œ Credit policy.

๐Ÿ“Œ Credit strategies.

๐Ÿ“Œ Scorecard documents.

- Scorecard development document

- Ongoing scorecard validation document

๐Ÿ“Œ Change-related documents.

- Presentation material

- The approval of changes

- Credit system change request document

- Testing records

๐Ÿ“Œ Manual and procedure.

A well-maintained documentation repository makes your daily operation more effective.

It is also handy when the audit is coming from the internal auditor or the regulator.

Any other document you would add to the list?

Recent Posts

See All

๐Ÿ’ธCheck-kiting - Live and Large

In the 2002 movie โ€œCatch Me If You Canโ€, Leonardo DiCaprio played a top con man who defrauded many banks with fake checks - that was in the 1960s. Six decades later, the check fraud is still live and

Risk Manager - A Thankless Job

Had SVB not failed, nobody would notice the absence of their top risk manager in 2022. This perfectly illustrates the role of risk and control staff. When things went well (or when it seemed so), nobo

The Test of 3 Recessions

At the height of the 2008 Great Financial Crisis, I learned the following from a Chief Risk Officer. The recession is a good time to test the viability of a financial product. A product is successful


bottom of page