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A comprehensive guide to credit risk management
The Handbook of Credit Risk Management presents acomprehensive overview of the practice of credit risk managementfor a large institution. It is a guide for professionals andstudents wanting a deeper understanding of how to manage creditexposures. The Handbook provides a detailed roadmap for managingbeyond the financial analysis of individual transactions andcounterparties. Written in a straightforward and accessible style,the authors outline how to manage a portfolio of creditexposures--from origination and assessment of credit fundamentalsto hedging and pricing. The Handbook is relevant for corporations,pension funds, endowments, asset managers, banks and insurancecompanies alike.
* Covers the four essential aspects of credit risk management:Origination, Credit Risk Assessment, Portfolio Management and RiskTransfer.
* Provides ample references to and examples of credit marketservices as a resource for those readers having credit riskresponsibilities.
* Designed for busy professionals as well as finance, riskmanagement and MBA students.
As financial transactions grow more complex, proactivemanagement of credit portfolios is no longer optional for aninstitution, but a matter of survival.
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978-1-118-41976-2 (9781118419762)
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Sylvain Bouteillé is Head Key Account Management anda member of the management team of the North American division ofSwiss Re Corporate Solutions. In 1996, he joined Swiss Re inZurich, Switzerland, in the newly created credit risk managementdivision. In 1998, Bouteillé moved to New York where, as U.S.Head of Credit Risk Management, he was responsible for credit riskaspects of all insurance and capital markets transactions. In 2003,he became U.S. Head of Structured Credit Underwriting, where heoriginated and structured credit derivatives and financial guarantyreinsurance transactions. Since 2008, Bouteillé has beenworking with risk managers of Fortune 500 companies to developtraditional and non-standard insurance solutions. Bouteilléholds an MS in civil engineering from ENTPE (France) and an MBAfrom INSEAD (France).
Diane Coogan-Pushner is Distinguished Lecturer andDirector of the Graduate Program in Risk Management at QueensCollege, City University of New York. She began her career infinancial services at the World Bank and held increasingly seniorpositions in finance and strategy at AT&T andPricewaterhouseCoopers. Coogan-Pushner moved to Swiss Re, and asManaging Director, originated and structured reinsurancetransactions and other risk transfer solutions for insuranceclients. Other credits include roles as a portfolio manager for ahedge fund and for a private equity fund both dedicated tofinancial services. She has served as a director for an insurer andas a member of S&P's Insurance Ratings Advisory Council, andconsults to financial institutions in their asset managementstrategy. She received her PhD in economics from Boston Universityin 1992 and is a CFA charterholder.