Consumer Lending Risk Management Fundamentals
A Beginner’s Guide

What you will learn

Consumer lending products and ecosystem

Risk management types and framework

Risk management practices in consumer lending

Risk management throughout credit life cycle

Description

Have you wondered what a consumer lending risk management professional does on a daily basis? Do you want to explore the world of consumer lending, which is closely tied with millions of people’s lives?

This introductory course, Consumer Lending Risk Management Fundamentals – A Beginner’s Guide, will walk you through:

  • Consumer lending products and ecosystem
  • Risk management types and framework
  • Risk management practices in consumer lending
  • Risk management throughout credit life cycle

This course is designed to help you establish an overview of the consumer lending industry and risk management fuction with 2 hours. It is suitable for the following audience:

  • Who just started the career in consumer lending, whether in risk management or other function such as business, marketing, customer service, collections, and underwriting.
  • Anyone with a curious mind about consumer lending risk management.
  • Who wants to quickly develop a bird-eye overview of the consumer lending industry.
  • Who is willing to work through the quiz questions and the case study.

Please note that this course is Not designed for people who are already experienced in consumer lending risk management.


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The compact course covers important concepts through the following sections:

  1. Introduction
  2. Consumer Lending
  3. Risk Management
  4. Risk Management in Banking
  5. Risk Management in Practice
  6. Credit Bureau and Credit Score

There are quiz questions at the end of each section to help you go over important concepts.

Last but not the least, there is a case study of a Fintech loan company. As the risk analyst working for the Fintech company, you will be asked to complete 3 tasks, which are designed to help you better understand the risk management framework and practices.

English
language

Content

Introduction

Introduction

Consumer Lending

Consumer Lending and Daily Life
Consumer Lending and Economy
Secured Lending vs. Unsecured Lending
Revolving Credit vs. Installment Loan
Consumer Lending

Risk Management

Risk Management
Main Risk Types
Other Risk Types
Risk Management Framework
Risk Management

Risk Management in Banking

Three Business Pillars in Bank
Consumer Lending in Bank
Importance of Risk Management
Risk Management in Banking

Risk Management in Practice

Risk Stakeholders (part 1)
Risk Stakeholders (part 2)
Credit Life Cycle (part 1)
Credit Life Cycle (part 2)
Consumer Lending Ecosystem
Quiz 4

Credit Bureau and Credit Score

Credit Bureau
Credit Score (part 1)
Credit Score (part 2)
Credit Score (part 3)
Quiz 5

A Case Study: Fintech Loan

Task 1
Task 2
Task 3
Case Study Solution – Task 1 & 2
Solution – Task 3

Additional Info and Materials

Additional Info (part 1) and Slides
Additional Info (part 2) and Reading Materials