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Writing an Effective Credit Memorandum-Its not What You Say But How You Say It (MLC250K)
Writing An Effective Credit Memorandum Is Not About What You Say But How You Say It. Get the Skills Required to Write a Focused Memorandum.
After you have prepared a detailed credit analysis of a loan request, you have to put your findings in writing for better communication. Credit memoranda are the primary means of communications in the banking industry. So, writing an effective memorandum is very important. An effective credit memorandum, however, is not about what you say but how you say it that commands attention.
A credit memorandum mainly serves three important functions:
Providing information on status and condition of a customer relationship
Records actions and thoughts
Recommend or support action
This session by expert speaker Jeffery W. Johnson is going to develop your skills in writing an effective credit memorandum that places emphasis on factors that are important without the need to state the obvious. You will explore reporting and underwriting on heads such as Construction Loans, Multi-Family Loans, Commercial Real Estate Loans and Acquisition & Development Loans.
You will be provided with examples of proven credit memos to ensure you are covering all the areas covered by banking regulations.
This session will help you strengthen your understanding of credit analysis and clearly describe the financial impact of changes in financial factors, reporting more than just what has changed. You will be able to interpret financial trends and ratios as well as write succinct and focused credit memoranda. The webinar will further help you meet the management armed with relevant questions and issues to be addressed. You will leave feeling more confident in defending a recommended course of action based upon relevant facts and not instinct.
Balance Sheet Analysis
Income Statement Analysis
Cash Flow Analysis
Interpret and calculate cash flow and financial ratios
Using analysis in determining the financial impact of changes in financial factors
Questions raised with customers after the completion of credit analysis
Outlining the relevant factors which should be included in credit memorandum
Reporting your findings in an effective and efficient manner in the credit memorandum
Apply the concepts to a study case
Who Should Attend
Commercial Loan Officers
Consumer Loan Officers
Loan Review Personnel
*Single User Price. For multiple users please call 1-800-223-8720
Jeffery W. Johnson started his career with SunTrust Bank in Atlanta as a Management Trainee and progressed to Vice President and Senior Lender of SouthTrust Bank and Senior Vice President and Commercial Banking Division Manager for Citizens Trust Bank of Atlanta.
Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.