Institute Of Risk Management And Analytics

Attention students and professionals! Unlock your potential and upskill with our upcoming workshop at the highly sought-after Institute of Risk Management and Analytics. For a limited time, take advantage of our exclusive 30% discount and receive a FREE demo session, giving you the chance to explore the exciting world of risk management and analytics. Don't miss out on this opportunity to gain valuable knowledge, expand your skillset, and take your career to the next level. Enroll now and join us for an unforgettable learning experience!

Get exclusive #30% discount on registration for the upcoming workshop at the of Risk Management and Analytics - but act fast! This unbeatable offer is only available until 28th, 2023.

Demo Session Link (Google Meet):
https://meet.google.com/njr-fphk-kaj
For Registration:
https://forms.gle/2NT7uNB2t8UwNhbu8
Registration Fee:

For Professionals
Rs. 40,000

For Students
Rs. 30,000

Speaker’s LinkedIn profile:
https://www.linkedin.com/in/muhammad-danyal-146926102

Institute Of Risk Management & Analytics is pleased to invite you to join our workshop "Expected credit loss modeling". This workshop is built based on practical experience in applying ECL estimations with hands-on Model development that will help you understand Modeling approaches used in the industry and internationally for the estimation of Expected Credit Loss.

We offer One day online Workshop on "Expected credit loss modeling". This Course is led by an industry expert “Syed Muhammad Danyal“ who have international exposure on Expected credit loss model development.

Limited slots are available
Schedule: Saturday, February 18, 2023 from 2:00pm to 6:30pm

If you want to learn ECL modeling methodologies, then register for the "Expected credit loss modeling" workshop, this will help you understand and apply this complex standard.

For Registration, click the link below:
https://forms.gle/2NT7uNB2t8UwNhbu8

Trainer's LinkedIn Profile:
https://www.linkedin.com/in/muhammad-danyal-146926102

As per IFRS9 requirement, a financial institution needs to stage their assets in three stages for the impairment based on changes in credit quality since initial recognition.

Recognition of Expected credit losses:

Stage 1 (performing): 12 Month ECL

Stage 2 (under-performing): Life time ECL

Stage 3 (Non-performing): Already credit impaired assets

For the life time ECL estimation of an asset, Pit PDs are required at each repayment date hence need a PD term structure till the maturity. This term structure is based on two statistical concept.

1) Cumulative Probability of Default: Cumulative probability of default measures the odds of having a defined default event up to a particular timepoint.

Cumulative PD = (1-(1-PitPD)^t/T)

2) Marginal Probability of Default: The Marginal Probability of Default is the probability that an borrower that has survived in the cohort up to the beginning of a particular interval T will default by the T+1 time interval.

Marginal PD = CumPDt+1 - CumPDt

VBA based excel workbook is available for the estimation of PD term structure for any point in time. If anybody is interested please mention your email down in the comment section. We will send you a copy of the calculation.

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