ABOUT THE BOOK
In the digital era, various personal lending products emerge every day, from different banks, credit unions, and fintech companies. How can these lenders extend billions of dollars in loans without asking for any collateral? How do credit risk professionals manage the risk of an unsecured lending portfolio effectively?
Unsecured Lending Risk Management provides a comprehensive introduction that will help readers quickly establish a holistic view of the risk management practices in this traditional, yet quickly evolving industry. In this easy-to-follow guide, all behind-the-scenes risk management decisions and best practices are revealed.
The author puts all of his experience in managing billions of dollars of unsecured lending portfolios over the past two decades into this book.
Those exploring a career in unsecured lending risk management will find this book to provide important business contexts and the know-how that will help them launch their career.
For risk professionals in the early phase of their careers, this book will facilitate becoming a well-rounded professional and further advance their career.
Seasoned risk and non-risk professionals in the lending ecosystem can find this book to be a quick refresher of key aspects in portfolio risk management.
Curious consumers will get a peek into how the decisions on your own credit cards, loans, lines, and overdrafts are made.
ABOUT THE AUTHOR
Frank Tian is a seasoned risk management professional in the unsecured lending industry. His work over the past two decades has spanned the full spectrum of retail risk management, from credit strategy and risk modeling to credit systems and fraud management. Frank has held various risk positions at multiple financial institutions in the US and Canada, including Wells Fargo, MUFG Union Bank, GE Money, BMO and CIBC. He holds a Master’s Degree in Economics from University of Ottawa and is a certified Financial Risk Manager (FRM).
EDITORIAL REVIEWS
“A comprehensive overview of all the key areas for unsecured credit risk …anyone who is working to advance a young career or is considering a career in credit risk management will greatly benefit from this book. You will gain insights into the end-to-end efforts required to effectively manage consumer credit risk.”
Bryan Leaver, CRO, Luxury Card
TABLE OF CONTENTS
SECTION IV
RISK INFRASTRUCUTRE
Chapter 13
Risk Data
Chapter 14
Risk System
Chapter 15
Fraud
SECTION V
PORTFOLIO RISK MANAGEMENT
Chapter 16
Portfolio Risk Management
Chapter 17
Portfolio Risk Reports
Chapter 18
Manage through Business Cycle
SECTION I
INTRODUCTION
Chapter 1
Introduction
Chapter 2
Retail Risk Management
Chapter 3
Risk Scores
SECTION II
ACCOUNT ORIGINATION
Chapter 4
Origination Channel
Chapter 5
Origination Strategy
Chapter 6
Performance Measurement of Origination
SECTION III
ACCOUNT MANAGEMENT
Chapter 7
Authorization
Chapter 8
Credit Line Increase
Chapter 9
Credit Line Decrease
Chapter 10
Collections
Chapter 11
Reissue
Chapter 12
Portfolio Stimulation Campaigns
