As a financial service provider expands its credit portfolio, it is critical that the institution is able to monitor its credit risk to guard against default, to ensure that policies and control procedures are fully implemented throughout operations, and that data matches the reality on the ground. A loan portfolio audit is an important check on existing operational controls.
A Loan Portfolio Audit (LPA) provides a systematic, indepth investigation of systems, operations, data and field implementation to diagnose credit risks.
