Four key tools for mid-to-senior level MFI managers
Effective risk management has become increasingly critical for financial service providers (FSPs) as the industry landscape has continued to evolve over the years. These tool guides were developed by Accion to explain key operational and credit risk management tools to mid-to-senior level managers of FSPs who are not directly in charge of risk management but who are responsible to manage the risks within their respective departments and units.
The tool guides use clear and practical language to explain what each tool is, why it’s important, and the potential impact on bottom line results. Also included is a mini case study that highlights tool application to real life risk challenges FSPs struggle with worldwide. Managers can use these tool guides to make informed decisions about how best to strategically manage credit and operational risk, and to help build a culture of risk management across the institution.