Expanded Credit Risk

If you are looking to perform a deeper dive into the nuances of your current platforms and portfolios, you may consider additional options under the Expanded Credit Risk component. This component is a natural extension of the Credit Risk Structure phase, creating ongoing monitoring of the changes implemented there. The test and control methodology leads to a continuous learning cycle that dramatically improves business results.

Some examples of work in this level include, but are not limited to:

  • Monthly monitoring and evaluation of New Strategies implemented

  • Monthly Model Monitoring to evaluate custom model stability

  • Characteristic Analysis and Population Stability reporting

  • Relevant Profiling Characteristics produced on segmented portfolios

  • Design, implement and evaluate Test and Control on existing decisions and Line Management strategies or New Underwriting strategies

  • Determining product or portfolio level IRR

Many clients find they need assistance with directed strategies currently under employ or on the list to implement. Whether you have the resources in house or need to outsource, OGMA can provide you and your team with the necessary expertise and resources to finally implement the tasks that have been waiting for the right moment or timing to launch. Offerings implemented and resourced for past clients have included:

  • New Decision System integration or assessment

  • Understanding the value of trended and alternative credit bureau data

  • Custom attribute creation

  • Fairness Testing and Assessment of existing scores

  • Model and risk governance framework assessment

  • Universe Expansion analysis

  • Collection Strategies

  • Response Model development and analysis

  • Marketing Campaigns (digital, traditional Direct Mail)

  • New Product Design

  • New Product Launches

  • New geographic Market Evaluations (extension of Universe Expansion)

  • Lost sales analysis

If you have a specific task in mind that has been under resourced or stuck in the initial stages, reach out to OGMA for a brief review and discussion so we can determine how we can help you achieve your objectives in the most timely and cost-effective way.

Learn about our Custom Modeling services here