Component: FS-BA-PM-CR
Component Name: Credit Risk
Description: As part of a securitization, the sponser acquire the securitization exposures in other words, a credit enhancement or provide off-balance-sheet securitization exposures Sponsors are treated in the same way as originators.
Key Concepts: A sponsor in the context of SAP FS-BA-PM-CR Credit Risk Management is a person or entity that is responsible for the initiation, management, and completion of a credit risk management project. The sponsor is typically a senior executive or manager who has the authority to make decisions and provide resources to ensure the project is successful. How to use it: The sponsor is responsible for setting the project goals and objectives, providing resources, and ensuring that the project is completed on time and within budget. The sponsor should also be involved in the decision-making process throughout the project and should be available to answer questions and provide guidance. Tips & Tricks: It is important to select a sponsor who has the authority to make decisions and provide resources. The sponsor should also have a good understanding of the project goals and objectives, as well as the risks associated with the project. Related Information: The role of the sponsor is similar to that of a project manager, but with more authority. The sponsor should be familiar with the credit risk management process and have an understanding of how it works. Additionally, they should be familiar with the tools and techniques used in credit risk management.
Sign up takes 1 minute. 7-day free trial.