
How To Get Hired In The Credit Risk Industry In India
The Indian credit risk industry has done quite well over the last decade. It is one of the largest growing sectors in India at the moment. In this post, we will talk about how you can get started with a career in this industry here in India. We'll also talk about why it's such a great job market for talented candidates and give you details on what you will need to do to get into this industry.
What is credit risk?
Credit risk is the risk of defaulting on a loan or not being able to pay back the money that you owe. It can be a problem if you have borrowed money from someone else or if they have given you a credit card. If you cannot pay back what has been lent to you or repay your debts in full when they are due, this would be considered a credit risk.
Credit risk management lifecycle
The credit risk management lifecycle comprises the following phases:
- Assess and evaluate credit risks.
- Manage credit risks using different tools and techniques (e.g., underwriting, monitoring, and controlling).
- Control credit risk processes efficiently by properly implementing policies and procedures (e.g., due diligence process).
Read More: https://blog.imarticus.org/how-to-get-hired-in-the-credit-risk-industry-in-india/