Business need:
Our client, a midsized Private bank, asked us to review their Mortgage credit policy and procedures to ensure that they were robust in supporting profitable and aggressive new asset growth.
Process:
We undertook a detailed review of the Credit Policy and Procedures which was carried out by building a detailed portfolio MIS dashboard. A policy and process control review was also carried out as a part of the solution covering control procedures, policy deviation, credit delegation process /authority decisioning effectiveness review and collection process controls.