Corporate Credit Rating Analysis

Corporate Credit Rating Analysis

Target Audience

Credit Rating Analyst, Corporate Credit Risk Officer, Portfolio Risk Management

Audience Level

Intermediate & Advanced

Duration

3 Days: 9am – 4pm

Delivery

Online or In-class

This two-day practical course is designed to furnish participants with the necessary tools  to undertake comprehensive analysis in order to arrive at a comparative credit rating. It will focus on large corporates but the techniques can also be applied in whole or part to the analysis of mid-sized corporates.

The course starts by looking at the main credit rating agencies, and the significance and potential impact of rating scores.

The IRB models used by banks under the Basel guidelines, are based upon the credit rating models of the rating agencies. Consequently, the course then goes on to look at the credit analysis process, using the analytical framework adopted by the main agencies in arriving at their final credit conclusions and rating.

The course is highly interactive involving numerous exercises and short case studies. In addition, their will be one main case study that participants will systematically work through in order to arrive at a final rating.

  • The Rating Agencies -the big three and other nationally recognised statistical ratings agencies
  • Rating Agency analytical models
  • Rating agency ratings v bank internal ratings
  • Issuer ratings v instrument ratings
  • What can trigger rating changes
  • Country and Industry risk analysis (CICRA rating)
  • Competitive Analysis
  • Key ratios that drive rating scores
  • Capital structure analysis
  • Hybrid instruments – accounting v rating agency treatment
  • Portfolio analysis
  • Cash flow and liquidity analysis
  • The impact of ESG factors
  • The assessment of management
  • Analysing the exposure to and the management of market risk
  • The impact of structuring, subordination and credit enhancement tools
  • Market trends

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If you are interested to find out more details about this course, please fill in your details below and we will contact you. 

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If you are interested to find out more details about our courses, please fill in your details below and we will contact you.

JBA Training offers:

  • tailored, technical and soft skills training services to banks and finance companies
  • face to face or online training programmes
  • wide geographical spread for delivering courses across Europe, the Middle East, Africa and the Far East

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