Experts say that risk management is as essential to portfolio risk analysis as a processor is to a computer. Without it, portfolio management is simply a way to organize the view of projects that will almost certainly fail. Credit managers who are serious about their portfolio need to be serious about portfolio diversification and financial risk management to avoid putting credit at risk. Predicting portfolio risk in the middle of a global pandemic is like trying to explain to your child how big the universe is. We can use common sense and science, but in the end, it is only an educated guess. · The US Bureau of Labor Statistics true unemployment rate is close to 20 percent rather than 15, worse than most of the Great Depression. · Due to the comprehensive lockdown, indicators suggest the economy more or less stabilized around the middle of April 2020. · A fast recovery can only happen once the virus threat diminishes. When that will be, and how fast business will recover is uncertain. This course is centered around 1. Understanding The Value of Building a Portfolio Risk Analysis a Assessing Specific Customer Risk b Segmenting the Portfolio by Risk Categories 2. Understanding The Portfolio Analysis Cycle 3 Creating Balance Between Risk and Collections 4 Calculating Exposure and Probability of Default 5 Understanding The Misalignment of Objectives Between Shareholders and Creditors 6 How Questions About EBITA Will Remain Through Q1 2021 7 Calculating Loss Reserves using CECL The economic downturn has shaped a new normal in business. As a manager, changing with the times is a must. Otherwise, you could be putting your credit at risk. Check out this free course to learn how to adapt your customer portfolio.