Track: Risk Management

Counterparty Credit Risk: Models, Tools and Best Practices

Monday, October 20, 2008
1:30 p.m. - 3:00 p.m.
Room: 406 AB

It has always been prudent to monitor the credit worthiness of your trading partners, and never more so than in the current economic environment. This session will provide the tools and strategies to access and monitor the credit worthiness of vendors, suppliers and trading partners. Basic risk mitigation techniques used to manage trading partner credit risk will also be reviewed.

Speakers:

• Peter J. Pavluk, CPA
  Chief Financial Officer
  Superior Natural Gas Corporation

• Gary Haberman
  Director of Research
  Global Credit Services LLC

Objectives

• Perform a credit analysis on existing or potential trading partners
• Learn to categorize trading partners by risk level and manage exposure accordingly
• Stay current on the credit worthiness of trading partners

Pre-Requisites

• Basic understanding of financial statements
• Basic understanding of credit risk management

Take-Aways

• Credit analysis worksheet
• List of credit/reporting/financial resources

CPA Field of Study: MAS