Credit Risk Models Development (Scorecard Development)
Overview:
This course gives an introduction to the process of scoring model development. Topics of the course cover the general steps of the scorecard development project – from the historical data collection and preparation to the scorecard design, validation and implementation
Duration:
16 - 8 hours
Language:
EN
Who should attend:
Risk Managers and risk analysts who are responsible for scoring model development
Learn how to
- prepare representative and robust data for model training
- design a basic scorecard using logistic regression
- assess and validate the scorecard
- implement the scorecard into the credit granting process
- control the scorecard power and adequacy on pre- and post-implementation stages
Prerequisites:
It is recommended taking the “Credit Application Processing and Scoring Systems” course before attending this course. Also before attending this course you should have some experience using computer software. Basic mathematics/statistics knowledge is desirable, but still required basic information will be covered during the course.
Course contents:
- Introduction to the Credit Scoring Modeling
- Data Collection and Formalization Process
- Data Sampling and Analysis
- Scorecard Development
- Scorecard Assessment and Validation
- Implementation of the Scorecard
- Scorecard and Portfolio Monitoring
