2019 Consumer Lending School
This two day program is an interactive class that combines lecture, case study, and role play. It is intended to provide the participants with the basic lending skills required to manage the bank’s consumer loan process. Today’s loan officer must master not only lending but sales skills, as well as, regulatory compliance. Credit scoring alone cannot substitute for the judgment and analytical skills of the loan officer. The country’s economic downturn has complicated this job. Regulators have upped the anti as loan file administration is central to a good safety and soundness exam.
The top performing banks in the Country have 20% – 30% of their outstanding loans; in consumer loans. The big advantages to these banks are higher portfolio yields and portfolio risk diversity. In addition, the consumer loan portfolio also generates fee income. In short, banks cannot afford to not focus on this hidden source of business.