Book description
A comprehensive guide to credit risk management
The Handbook of Credit Risk Management presents a comprehensive
overview of the practice of credit risk management for a large
institution. It is a guide for professionals and students wanting a
deeper understanding of how to manage credit exposures. The Handbook
provides a detailed roadmap for managing beyond the financial analysis
of individual transactions and counterparties. Written in a
straightforward and accessible style, the authors outline how to
manage a portfolio of credit exposures--from origination and
assessment of credit fundamentals to hedging and pricing. The Handbook
is relevant for corporations, pension funds, endowments, asset
managers, banks and insurance companies alike.
- Covers the four essential aspects of credit risk management:
Origination, Credit Risk Assessment, Portfolio Management and Risk Transfer.
- Provides ample references to and examples of credit market
services as a resource for those readers having credit risk responsibilities.
- Designed for busy professionals as well as finance, risk
management and MBA students.
As financial transactions grow more complex, proactive management of
credit portfolios is no longer optional for an institution, but a
matter of survival.
Sylvain Bouteillé is Head Key Account Management and a member
of the management team of the North American division of Swiss Re
Corporate Solutions. In 1996, he joined Swiss Re in Zurich,
Switzerland, in the newly created credit risk management division. In
1998, Bouteillé moved to New York where, as U. S. Head of Credit Risk
Management, he was responsible for credit risk aspects of all
insurance and capital markets transactions. In 2003, he became U. S.
Head of Structured Credit Underwriting, where he originated and
structured credit derivatives and financial guaranty reinsurance
transactions. Since 2008, Bouteillé has been working with risk
managers of Fortune 500 companies to develop traditional and
non-standard insurance solutions. Bouteillé holds an MS in civil
engineering from ENTPE (France) and an MBA from INSEAD (France).
Diane Coogan-Pushner is Distinguished Lecturer and Director of
the Graduate Program in Risk Management at Queens College, City
University of New York. She began her career in financial services at
the World Bank and held increasingly senior positions in finance and
strategy at AT&T and PricewaterhouseCoopers. Coogan-Pushner moved
to Swiss Re, and as Managing Director, originated and structured
reinsurance transactions and other risk transfer solutions for
insurance clients. Other credits include roles as a portfolio manager
for a hedge fund and for a private equity fund both dedicated to
financial services. She has served as a director for an insurer and as
a member of S&P's Insurance Ratings Advisory Council, and consults
to financial institutions in their asset management strategy. She
received her PhD in economics from Boston University in 1992 and is a
CFA charterholder.
