Opportunity Details
The Credit Risk Management (CRM) team plays a crucial role in safeguarding against excessive risk by evaluating transactions and making decisions based on the credit quality of each counterparty. They are responsible for assigning internal credit ratings, establishing credit risk limits, and ensuring that all decisions align with the company's risk tolerance. As the second line of defense, the CRM team works to protect the company from potential financial losses and maintain a healthy credit portfolio.
In addition to evaluating transactions and managing credit risk limits, the CRM team also plays a role in approving, rejecting, or modifying transactions as needed. They work closely with other departments to ensure that all credit decisions are in line with company policies and procedures. Overall, the CRM team is essential in maintaining a strong credit risk management framework and ensuring that the company operates within acceptable risk parameters.