消费信贷风险管理【外文翻译】.pdfVIP

外文翻译 原文 Managing Consumer Credit Risk Material Source ：Discussion Paper Author ：Peter Burns and Anne Stanley Summary: On July 31, 2001, the Payment Cards Center of the Federal Reserve Bank of Philadelphia hosted a workshop that examined current credit risk management practices in the consumer credit industry. The session was led by Jeffrey Bower, senior manager in KPMG Consulting’s financial services practice. Bower discussed best practices in the credit risk management field, including credit scoring, loss forecasting, and portfolio management. In addition, he provided an overview of developing new methodologies used by todays risk management professionals in underwriting consumer risk. This paper summarizes key elements of Bowers presentation. The views expressed here are not necessarily those of this Reserve Bank or of the Federal Reserve System PORTFOLIO MANAGEMENT AND ANALYTICS In Bower’s view, consumer credit risk must be understood in terms of a portfolio management strategy that balances capital preservation with capital optimization, that is, “. . . a continuous process of identifying and capitalizing upon appropriate opportunities while avoiding inappropriate exposure in such a way as to maximize the value of enterprise.” Capturing data acro ss all steps in the customer relationship and integrating information management are the keys to effective portfolio management. While this is a fairly straightforward prescription, executing it is often beyond the scope of many lenders, with the credit card companies generally in the vanguard. Often, the process steps are managed on separate legacy systems, which complicates efforts to integrate information. KPMG consultants find that many firms typically purge specific files before