Credit portfolio manager of the year: HSBC

Risk awards 2011

derek-saunders

Credit portfolio management (CPM) looks like an afterthought at many banks: the function is locked away at the end of the lending process, having little interaction with the business lines and minimal influence on the composition of the loan portfolio. That limited mandate can still add value – but, in theory, CPM can do a lot more. HSBC wins this year’s award for its attempts to put that theory into practice. Since 2008, more than 1,500 of the bank’s relationship managers a