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Independent Loan Review & Credit Risk Review System Objectives

Abrigo

The 2020 Interagency Guidance on Credit Risk Review Systems includes updated recommended practices related to independent loan review and credit risk review systems. An effective credit risk review system assesses β€œthe adequacy of and adherence to internal credit policies and loan administration procedures.”

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A Strong Loan Review System Is Good for Your Business

Abrigo

Cooley is a former OCC examiner who provides loan reviews, outsourced credit analysis, strategic planning, and risk appetite consulting. A strong loan review function is especially important for helping financial institutions be nimble, he explained during the recent webinar β€œ Best Practices for Credit Analysts.” Credit Risk.