Credit risk team

What does a credit risk team do?
Credit risk analysts work within credit departments to assess the likelihood that clients and customers might default on loans or other types of credit.
This involves considering the financial health of companies and individuals that apply for loans..
What is a credit risk department?
Credit risk management refers to managing the probability of a company's losses if its borrowers default in repayment.
The main purpose is to reduce the rising quantum of the non-performing assets from the customers and to recover the same in due time with appropriate decisions..

What does a credit risk team do?