Credit Officer Kit
Credit memo, credit rating rationale, collateral valuation review, annual credit review, problem loan workout plan and ECL methodology.
Evaluation and safety
Credit Memo Template (Lender Credit Application, DSCR, RAROC)
FullLender credit application: borrower, structure, financials, downside cases, DSCR, leverage, guarantees, covenants, rating, EL, RAROC, ESG, approval
EBA/GL/2020/06 loan origination; CRR3 IRB floorsCredit Rating Rationale Template (Obligor and Facility Rating, PD, LGD)
FullInternal rating file: master scale, scorecard, grade mapping, peers, drivers, override log, group and country, LGD, CCF, EAD, triggers
CRR Arts 169-178 (as amended by CRR3); EBA/GL/2017/16Collateral Valuation Review Template (CRR Art. 208, 229, EBA)
FullBank review of a property valuation: valuer independence, method and evidence, findings, haircuts, LTV and CRM eligibility, monitoring and revaluation
CRR Arts 208, 229; EBA/GL/2020/06 Section 7; EBA/GL/2018/06 Section 9; 12 CFR 34 Subpart CCovenant Compliance Certificate Template (Leverage, Interest Cover, DSCR)
FullBorrower covenant certificate: definitions by clause, leverage, interest cover, DSCR, liquidity, capex, EBITDA bridge, headroom, guarantor coverage, ratchet
Facility agreement practice (LMA/LSTA forms by name only)Bond Credit Analysis Template (Investor Credit Memo)
FullInvestor bond credit view: internal rating, business risk, ratios, stress, liquidity, recovery waterfall, covenants, yield, duration, spread vs expected loss
EU CRA Regulation 1060/2009 Art. 5a; CRD (Directive 2013/36/EU) Art. 77; Dodd-Frank s.939A