List of CRMCP Courses Available

List of Courses

Certification Requirements

  • Two days of training for each course. Training courses at IECA conferences are scheduled over a period of three days so participants can attend keynote sessions at these events.
  • Participants must complete training of four courses – two required and two elective
  • Participants receive a certificate of completion after each training course and receive a comprehensive certificate of achievement in Credit Risk Management after completing all four courses 

Note: IECA tracks the status of courses completed for each participant

Required: (Choose Two)*

  1. Fundamentals of Credit Risk Analysis: Cash Flow, Ratios and Forecasting

  2. Corporate Credit Rating Analysis

  3. Corporate Credit and Risk Analysis, Bankruptcies, and Restructurings

  4. Credit Reasoning, Writing and Presenting Credit Assessments

  5. Corporate Credit & Valuation for the Energy Sector

* The above required courses can also be selected to meet elective requirements as part of your four course program.

Elective: (Choose Two)

  1. Fundamentals of Energy Contract Administration - Master Contracts
  2. Fundamentals of Bank Credit Risk Analysis
  3. Corporate Credit and Risk Analysis, Bankruptcies, and Restructurings
  4. Concepts of Credit and Liquidity Analysis
  5. Problem Credits - Early Warning Signs and Effective Actions
  6. Corporate Credit & Valuation for the Energy Sector
  7. Credit Reasoning, Writing and Presenting Credit Assessments

View upcoming courses in 2018!


Required (Choose Two):

Fundamentals of Credit Risk Analysis: Cash Flow, Ratios, and Forecasting

This training course provides participants with a solid foundation of skills that helps them reach sound, reliable judgments of a company’s creditworthiness. Applying a structured framework, participants will be able to identify and assess key qualitative and quantitative factors in determining credit risk.

  • Apply a structured framework to the credit analysis process
  • Assess the role of management in the financial performance of a company
  • Understand financial statements, their structure and composition, and basic accounting concepts and principles
  • Calculate and interpret key ratios used to evaluate the repayment prospects of a company
  • Determine cash movement dynamics and ascertain their importance in the analysis process
  • Identify the key risks and communicate them effectively
  • Focus on cash flow drivers and a view on forecasting

The eLearning version of this course includes approximately 8 hours of on-line, self-paced study over 4 weeks followed by a 2 hour live, instructor-led, interactive web class.

Program Level: Fundamental
Prerequisites:  None

Corporate Credit rating analysis:

This training course provides participants with an in-depth understanding of the rating practices employed by Moody's Investors Service for assessing corporate credit risk, from rating methodologies and financial ratios to a rating committee simulation. This course is designed as a basic/intermediate level course, with an underlying goal to improve the participants use and interpretation of ratings in their day-to-day work.

  • Gain insight into the credit rating process of Moody's Investors Service
  • Apply a structured approach to corporate credit assessment
  • Calculate and interpret key financial ratios used in the credit rating process
  • Understand the concepts behind alternative measures of risk, such as market implied signals, and their use in credit analysis

Program Level: Intermediate
Prerequisites:  Two years’ experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or distance learning program.

Corporate Credit and Risk Analysis, Bankruptcies and Restructurings:

This training course uses companies in the energy sector and analyses the credit before, during and following a restructuring so that delegates can fully understand the accounting, liquidity and credit issues around financial distress. This also ensures that the course is intensely practical and gives delegates insights that can be used in their day-to-day work.

  • Understand how and why companies may use ‘creative’ accounting
  • Evaluate a company’s liquidity and how soon it could turn into a real problem
  • Analyze a company for other early warning signs and assess their severity
  • Understand management’s role in creating and solving financial distress
  • Discuss whether a company needs restructuring and the options available to it, including whether-or-not the company remains viable
  • Evaluate Chapter 11 filings versus out-of-court processes
  • Build a restructuring plan for a distressed company

Program Level: Intermediate/Advanced
Prerequisites:  Two years’ experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or distance learning program.

Credit Reasoning, Writing and Presenting Credit Assessments:

Course content is focused on the preparation of credit approval documents that summarize succinctly the overall risk exposure that an institution is asked to take on. A variety of practical work aides will be used to help seminar participants back in their day-to-day work environment. The Presenting Credit Assessments portion of the course will focus on how to get your messages across to credit officers and risk managers by understanding their perspective, framing messages in the best way and adopting a delivery style that connects with the audience.

  • Write clear, concise, consistent and complete credit approval documents
  • Select relevant data and present information in accord with the reader’s focus
  • Describe the key risks in a transaction and how these will be mitigated by the credit structure
  • Understand the psychology of decision making in credit committees
  • Use a range of communication techniques to deliver the messages

Program Level:  Intermediate in so much as the credit topics must be understood to correctly write them.  The writing element is Basic/Intermediate.
Prerequisites:  Delegates should have experience working in a department dealing with corporate clients and have completed Fundamentals of Corporate Credit Analysis seminar or distance learning program.

Corporate Credit and Valuation for the Energy Sector

Course content uses companies in the energy sector and works through valuations for each different sub-sector. Delegates will gain an in depth understanding of the importance of valuation for creditors and other stakeholders in a company and how to incorporate valuation in the credit process. This course is intensely practical and gives delegates insights that can be used in their day-to-day work.

  • Recognize the various methods of valuation and use valuation in the process of credit analysis
  • Analyze a company to discover the elements that add to or detract from net worth
  • Assess the strengths and weaknesses, and the proper application, of different valuation techniques
  • Perform a credible valuation of a corporate entity
  • Respond to valuation reports with appropriate questions and due diligence
  • Determine which valuation methodology is most useful for a given energy sector

The distance learning version of this course includes a 4 hour, live, instructor-led, interactive session.  Afterwards, the delegates will break for one week during which they’ll work on a case study for Session 2.  Session 2 is also a 3 to 4 hour live, instructor-led, interactive session which includes debriefing the case study and putting it all together.

Program Level: Intermediate/Advanced
Prerequisites:  Two years’ experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or distance learning program.

Elective (Choose Two): 

Fundamentals of Energy Contract Administration - Master Contracts:

This training course is designed for beginner/intermediate level energy professionals in credit, risk management and contracts/legal fields. The course includes breakout sessions where attendees explore selected issues from the perspective of diverse industry participants, providing insight into why counterparties may draft agreements differently and how to bridge those differences between provisions to reach mutually acceptable positions. This course addresses the fundamental concepts behind the aspects of the ISDA Agreement. Upon completion of the course, attendees will depart with an understanding of:

  • The general structure and purpose of the ISDA Agreement, including specific provisions in the 1992 and 2002 Master Agreements, the ISDA Schedule, the Credit Support Annex (including Paragraph 13) and physical commodity annexes
  • The importance of real-world provisions for different commercial sectors
  • U.S. bankruptcy safe harbor rights related to energy commodities
  • The relative risks master agreement provisions present to commercial participants
  • Regulatory changes and their impact on ISDA documentation for end users

Program Level: Basic/Intermediate
Prerequisites:  None

Fundamentals of Bank Credit Risk Analysis

This training course will teach participants the framework and tools necessary to analyze bank credit risk, in both developed and emerging markets, utilizing Moody's Bank Financial Strength Rating: Global Methodology. The course will offer a combination of short presentations, discussions, exercises, and case studies.

  • Apply a structured framework to analyze banking institutions
  • Analyze key qualitative risk factors
  • Identify, calculate and interpret key ratios
  • Evaluate a bank’s strength based on its published financial information
  • Apply Moody's ratings tools and methodology to banks in mature and developing markets

Program Level: Basic/Intermediate
Prerequisites:  No prior analytical experience is necessary but familiarity with the activities of banks, their business lines and organization is desirable.

Concepts of Credit and Liquidity Analysis

This training course is designed to give a broad grounding in credit and an introduction to liquidity analysis. It proceeds methodically through the stages of credit risk assessment and debt analysis, liquidity analysis of both investment and non-investment grade debt, and the assessment and development of transaction structures. The class is presented in an interactive format, using public companies and examples with current relevance.

  • Review financial statements and apply analysis methodologies to assess a debt transaction
  • Understand the risks inherent in structures and levels of seniority
  • Anticipate and respond effectively to problems of financial distress

Program Level: Intermediate
Prerequisites:  Two years’ experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or distance learning program.

Problem Credits - Early Warning Signs and Effective Actions:

This training course covers a range of concerns and activities related to debt during periods of financial distress. The program begins with a discussion of the basic causes of business and financial failure, continues with recognition of early warning signs, and concludes with the development and execution of a plan of response. It deals in depth with various threats and key issues in this process, as well as detailing methodologies for predicting default and measuring recovery.

  • Recognize deterioration of credit quality early enough for an efficient response
  • Build structures that will signal the decline in a timely manner
  • Create an effective plan of action to address troubled situations and maximize recovery
  • Develop on-going systems to deal with problem credits as they arise

The eLearning version of this course includes approximately 8 hours of online, self-paced study over 4 weeks followed by a 2 hour live, instructor-led, interactive web class.

Program Level: Intermediate
Prerequisites:  None required, but two years’ experience in a credit-related function or attendance at the Fundamentals of Corporate Credit seminar or distance learning program is preferred.