Provide industry and job specific training materials
8
Schedule sessions on core banking systems
9
Arrange sessions on analysing financial statements
10
Explain risk assessment and creditworthiness methodologies
11
Conduct session on understanding credit laws and regulations
12
Explain loan evaluation procedures
13
Approval: Training Manager for learning progress
14
Shadow experienced analyst to learn daily tasks
15
Provide exposure to real-life case studies
16
Evaluate understanding of credit procedures
17
Approval: Department Head for evaluation
18
Introduce to related department heads and team members
19
Review onboarding process and seek feedback
20
Approval: HR for onboarding completion
Provide system access for the new hire
To ensure that the new wholesale credit analyst has the necessary tools to perform their job effectively, provide them with system access. This includes granting access to relevant software platforms, databases, and other tools. The goal is to enable the new hire to start working on their tasks as soon as possible and minimize any downtime. Are there any specific systems or tools they need access to? Are there any special instructions or procedures they need to follow to gain access to these systems?
1
Full access
2
Restricted access
3
Read-only access
Allocate office resources
To set up the new wholesale credit analyst for success, allocate the necessary office resources. This may include providing them with a designated workspace, computer equipment, stationery, and other supplies they might need. The goal is to ensure that they have all the resources required to perform their job effectively. What specific office resources should be allocated to the new hire? Are there any additional instructions or considerations to keep in mind?
1
Workspace
2
Computer equipment
3
Stationery
4
Other supplies
Plan orientation schedule
To help the new wholesale credit analyst acclimate to their new role and the organization, plan an orientation schedule. This schedule should outline the key activities and sessions they will participate in during their initial days or weeks. The goal is to provide them with an overview of the organization, its culture, policies, and procedures, and to introduce them to key stakeholders. What activities and sessions should be included in the orientation schedule? Are there any specific timings or durations to consider?
1
Introduction to organization
2
Culture and values
3
Policies and procedures
4
Meetings with stakeholders
Conduct department introduction
To familiarize the new wholesale credit analyst with their department and team, conduct a department introduction session. This session should provide an overview of the department's roles, responsibilities, and functions, as well as introduce them to their colleagues. The goal is to create a sense of belonging and enable smoother collaboration within the department. How should the department introduction session be structured? Are there any specific individuals or areas of focus to include?
1
Department structure
2
Key responsibilities
3
Team dynamics
4
Collaboration tools
Assign mentor for guidance
To provide ongoing support and guidance to the new wholesale credit analyst, assign them a mentor. The mentor should be an experienced credit analyst who can assist in their onboarding process, answer questions, and provide insights. The goal is to accelerate their learning curve and facilitate their integration into the team. Who would be an appropriate mentor for the new hire? What are the mentor's responsibilities and expectations?
Approval: Manager for mentor assignment
Will be submitted for approval:
Assign mentor for guidance
Will be submitted
Provide industry and job specific training materials
To equip the new wholesale credit analyst with the necessary knowledge and skills, provide them with industry and job-specific training materials. These materials may include presentations, manuals, videos, or online courses. The goal is to enhance their understanding of the industry and their role, enabling them to perform their tasks effectively. What specific training materials should be provided? Are there any recommended resources or platforms?
1
Presentations
2
Manuals
3
Videos
4
Online courses
Schedule sessions on core banking systems
To ensure the new wholesale credit analyst is familiar with the core banking systems used in the organization, schedule sessions on these systems. These sessions should provide an overview of the systems' functionalities, navigation, and key features. The goal is to enable the new hire to navigate the systems efficiently and perform their tasks accurately. Which core banking systems should be covered in the sessions? Are there any specific trainers or experts who should conduct the sessions?
1
System A
2
System B
3
System C
Arrange sessions on analysing financial statements
To develop the new wholesale credit analyst's ability to analyze financial statements, arrange training sessions on this topic. These sessions should cover key financial statement components, ratios, and analysis techniques. The goal is to enhance their understanding of financial analysis and its relevance to credit assessment. What specific topics or areas should be covered in the training sessions? Are there any recommended resources or case studies?
1
Components of financial statements
2
Financial ratios
3
Analysis techniques
Explain risk assessment and creditworthiness methodologies
To enable the new wholesale credit analyst to assess creditworthiness effectively, explain the risk assessment and creditworthiness methodologies used in the organization. This explanation should cover the key factors, models, and approaches used in assessing creditworthiness. The goal is to provide them with the knowledge and skills needed to evaluate the creditworthiness of potential borrowers. What specific risk assessment and creditworthiness methodologies should be explained? Are there any examples or case studies that can be shared?
1
Factor-based assessment
2
Probability of default models
3
Credit scoring approaches
1
Yes
2
No
Conduct session on understanding credit laws and regulations
To ensure compliance with credit laws and regulations, conduct a session on understanding these legal frameworks. This session should cover key credit laws and regulations applicable to the organization and their impact on credit assessment. The goal is to familiarize the new wholesale credit analyst with the legal and regulatory landscape they will be working within. What specific credit laws and regulations should be covered? Are there any experts or external resources that should be involved in conducting this session?
1
Law A
2
Law B
3
Regulation C
Explain loan evaluation procedures
To enable the new wholesale credit analyst to evaluate loans accurately, explain the loan evaluation procedures followed in the organization. This explanation should cover the steps, criteria, and processes involved in evaluating loan applications. The goal is to ensure that the new hire understands the loan evaluation process and can contribute effectively to the decision-making process. What specific loan evaluation procedures should be explained? Are there any templates or guidelines that can be provided?
1
Application review
2
Financial analysis
3
Risk assessment
4
Collateral evaluation
1
Yes
2
No
Approval: Training Manager for learning progress
Will be submitted for approval:
Provide industry and job specific training materials
Will be submitted
Schedule sessions on core banking systems
Will be submitted
Arrange sessions on analysing financial statements
Will be submitted
Explain risk assessment and creditworthiness methodologies
Will be submitted
Conduct session on understanding credit laws and regulations
Will be submitted
Explain loan evaluation procedures
Will be submitted
Shadow experienced analyst to learn daily tasks
To gain practical experience and observe real-life work scenarios, facilitate a shadowing opportunity for the new wholesale credit analyst. This opportunity should allow them to observe an experienced analyst performing their daily tasks and workflows. The goal is to provide hands-on learning and foster the transfer of knowledge and skills. Who would be an appropriate experienced analyst to shadow? Are there any specific tasks or workflows that should be included in the shadowing opportunity?
Provide exposure to real-life case studies
To develop practical problem-solving skills, provide exposure to real-life case studies relevant to the work of a wholesale credit analyst. These case studies should simulate real-world scenarios and require the application of credit analysis techniques and methodologies. The goal is to enhance the new hire's ability to analyze complex credit situations and make informed decisions. What specific case studies should be provided? Are there any preferred formats or sources for these case studies?
1
Case study A
2
Case study B
3
Case study C
1
Text-based
2
Video-based
3
External sources
Evaluate understanding of credit procedures
To assess the new wholesale credit analyst's understanding of credit procedures, conduct an evaluation. This evaluation should cover key concepts, processes, and decision-making approaches related to credit assessment. The goal is to identify any knowledge gaps and provide feedback to support their continuous learning. What specific areas or topics should be included in the evaluation? Are there any preferred assessment methods or tools?
1
Credit assessment principles
2
Loan evaluation process
3
Risk assessment techniques
4
Ratio analysis
1
Online quiz
2
Written test
3
Case study analysis
Approval: Department Head for evaluation
Will be submitted for approval:
Shadow experienced analyst to learn daily tasks
Will be submitted
Provide exposure to real-life case studies
Will be submitted
Evaluate understanding of credit procedures
Will be submitted
Introduce to related department heads and team members
To help the new wholesale credit analyst integrate into the organization, introduce them to related department heads and team members. These introductions should enable networking and foster collaboration opportunities. The goal is to create a supportive and inclusive work environment. Who are the related department heads and team members that should be introduced? Are there any specific instructions or guidelines for these introductions?
Review onboarding process and seek feedback
To continuously improve the onboarding process, review the experience of the new wholesale credit analyst. This review should involve seeking feedback from the new hire on their onboarding experience, identifying areas of improvement, and implementing necessary changes. The goal is to enhance the onboarding process to better meet the needs of future hires. How should the onboarding process be reviewed? Are there any specific questions or criteria to consider while seeking feedback?
