Project - Bank Credit Risks

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Business Finance

Description

Module 04 Course Project - Bank Credit Risks - cont CitiBank. grading rubric noted at bottom. Build off other three section

For this phase of the course project, you will conduct additional research for the bank you chose as the subject of your project. Write the next section of your risk management plan in which you discuss credit risk in relation to retail banking. Be sure to include a discussion of retail banking services and the risks associate with providing consumer credit individuals and institutions.

In this paper, please address the following questions:

  • What are the credit risks faced by retail banking?
  • How are credit risks associated with individuals different from credit risks associated with institutions?
  • What retail banking services does your bank provide to individuals?
  • What retail banking services does your bank provide to institutions?
  • How does your bank assess credit risks and does your bank have an effective plan for managing and mitigating these risks? Explain.

Requirements

APA (two spaces after period) Min 4 pages

  • Because this is part of a project, this section of the paper does not need an introduction.
  • Because your paper is required to be 1 - 3 pages in length, you should use subject headings to label your paper as appropriate.
  • Keep in mind that this is a research paper; and, as such, should be informed by your research articles.
  • Be sure to include APA citations to support your assertions and to inform your paper.
  • You will need to include a reference page with this section of the paper.
  • Be sure to proofread your paper to ensure that is free from all grammar and spelling errors.

Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates.

Module 04 Course Project - Bank Credit Risks

Scoring Rubric:

Criteria

Weight

Discussed the credit risks faced by retail banking from individuals and businesses- 10 pts for each risk (in detail)

30

Identified and discussed retail banking services provided by the bank to individuals

15

Identified and discussed retail banking services provided by the bank to businesses and other institutions

15

Explained how the bank assesses credit risks and evaluated the plan for managing and mitigating these risks

30

The assignment met the minimum page length of 3 pages, demonstrated the use of library resources, and demonstrated proper APA mechanics

10

Total

100

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Module 04 Course Project - Bank Credit Risks For this phase of the course project, you will conduct additional research for the bank you chose as the subject of your project. Write the next section of your risk management plan in which you discuss credit risk in relation to retail banking. Be sure to include a discussion of retail banking services and the risks associate with providing consumer credit individuals and institutions. In this paper, please address the following questions: • • • • • What are the credit risks faced by retail banking? How are credit risks associated with individuals different from credit risks associated with institutions? What retail banking services does your bank provide to individuals? What retail banking services does your bank provide to institutions? How does your bank assess credit risks and does your bank have an effective plan for managing and mitigating these risks? Explain. Requirements APA (two spaces after period) Min 4 pages • • Because this is part of a project, this section of the paper does not need an introduction. Because your paper is required to be 1 - 3 pages in length, you should use subject headings to label your paper as appropriate. Keep in mind that this is a research paper; and, as such, should be informed by your research articles. Be sure to include APA citations to support your assertions and to inform your paper. You will need to include a reference page with this section of the paper. Be sure to proofread your paper to ensure that is free from all grammar and spelling errors. • • • • Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates. Module 04 Course Project - Bank Credit Risks Scoring Rubric: Criteria Weight Discussed the credit risks faced by retail banking from individuals and businesses- 10 pts for each risk (in detail) 30 Identified and discussed retail banking services provided by the bank to individuals 15 Identified and discussed retail banking services provided by the bank to businesses and other institutions 15 Explained how the bank assesses credit risks and evaluated the plan for managing and mitigating these risks 30 The assignment met the minimum page length of 3 pages, demonstrated the use of library resources, and demonstrated proper APA mechanics 10 Total 100 Project Overview The course project is designed to provide students with an opportunity to write a risk management plan specific to the banking industry. The project provides students with the opportunity to investigate the different aspects of business risk and risk management. It is also designed to help students assess their ability to analyze different aspects of financial decision making. Due Date Your final project is due in Module 06. There will be individual assignments along the way. The module they are due is noted in the time line below. Time Line Module Assignment 01 Bank Risk Types and Trends 02 Identify Banking Risks 03 Mitigating Bank Risks 04 Bank Credit Risks 05 Bank Lending Practices 06 Risk Capital at a Bank and FINAL Project Submission Requirements Your final risk management plan must be 12 - 15 pages long. Your plan should have an introduction with a thesis statement. The body of your plan should be divided into at least 6 subject headings corresponding to your assignments in Modules 1 - 6. Your plan should have a conclusion that summarizes the main points and leaves the reader with a final thought. Your plan should be supported by research from at least 15 different sources. Include both in text citations and a References page in APA format. Evaluation Each assignment leading up to the final assignment is evaluated and graded independently. Your instructor will provide specific grading criteria for each step of the project prior to its due date. For Further Questions If you have further questions throughout this project, please ask your Instructor. Post ideas and questions for your classmates in the General Course Questions forum in the Getting Started folder of this course. Rasmussen Personal Support Center, call toll-free, 24/7: 1-866-693-2211
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Explanation & Answer

Hi,Find attached the completed work.Feel free to ask for any clarification or editing if need be.Looking forward to working with you in the future.Thank you.

Running head: RISK MANAGEMENT PLAN

Bank Credit Risks – Citibank
Student’s Name
Professor’s Name
Course Title
Date

RISK MANAGEMENT PLAN

2
Bank Credit Risks

As earlier highlighted in this risk management plan, credit risk is the risk associated with
failure of a borrower to repay a loan. Since the bank assumes the credit risk, all loans are paid with
an interest. Credit risks are the most common risks faced by financial institutions in the industry.
Citibank is no exception. Retail banking, also referred to as consumer banking by several
institutions is a situation that facilitates access to the financial services of a bank by the consumers
from their branches which may be located in different locations. Once a bank has issued a loan, it
assumes credit risk (Santomero, 1997). For this reason, it is imperative that I delve into the credit
risks that are associated with retail banking with a special focus on Citibank.
Credit Risks Faced by Retail Banking
In retail banking, banks offer services to individual customers as opposed to corporations,
companies and other groups of people. The services offered under retail banking are the ones
responsible for exposing the bank to various banking risks. Some of these services include
residential mortgages, business credit cards, debit cards, financial investment plans, retirement
plans, wealth management, saving accounts and checking transactions among many other services
(Saunders & Cornett, 2014). Retail banking is faced by a number of credit risks which management
of financial institutions works day and night to ensure that these risks are ...


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