Credit risk reporting—whether for senior management or the board of directors—is often historical and saturated with large amounts of data but lacks real and actionable information. Risk reporting should be forward-looking (yet informed by historical data that reconcile to the financial statements thus minimising bias), and facilitate risk management decisions.
We assist clients in reviewing their current risk reports and in benchmarking against industry practice and regulatory expectations. We ensure that credit risk reporting structure is in line with the size and complexity of the respective institution. Working with management, we recommend improvements and develop appropriate reporting templates for effective risk reporting. Where reporting is complicated or inhibited by multiple lending platforms, risk systems, and end-user applications, we review and evaluate aggregation processes, identify bottlenecks, and making recommendations for improving data quality and completeness.