Helping a Global Investment Bank enhance the Quality and Efficiency of Risk Monitoring in a Leveraged Finance Portfolio

Client: Global Investment Bank

 

Objective

 

Help a global investment bank manage quarterly workload peaks in leveraged finance while ensuring the highest quality risk monitoring and meeting all regulatory requirements. 

 

CRISIL's Solution

 

  • Established a dedicated team with strong expertise in credit risk assessment across sectors and regions
  • Implemented a standardised report format in consultation with client teams across different geographies
  • Streamlined the monitoring schedule for the timely closure of annual reviews while simultaneously managing the quarterly review process
  • Regularly provided support on covenant attestation, asset-based lending collateral management software updates, and internal risk system updates
  • Performed active surveillance of the covered portfolio by delivering event update notes for material credit events within 1-2 working days
  • Adopted a multi-pronged quality framework encompassing process manuals, data assurance, and analytical reviews

Client Impact

 

  • Standardization of credit reports and models greatly enhanced efficiency
  • Active surveillance of the portfolio enabled timely identification of riskier credits
  • In-depth analysis of credits, including collateral assessments
  • Excellent feedback from regulators with ~100% accuracy rating
  • Freed significant bandwidth of onshore credit officers for higher value-activities

Questions

 

Looking for high-end research and risk services? Reach out to us at:

 

United States
1-855-595-2100/
+1 646 292 3520

 

United Kingdom
+44 (0) 870 333 6336

India
+91 22 33 42 3000 /
+91 22 61 72 3000