Get in Touch

Course Outline

AI in Credit Risk: Foundations and Opportunities

  • Traditional versus AI-powered credit risk models
  • Challenges in credit evaluation: addressing bias, explainability, and fairness
  • Real-world case studies showcasing AI applications in lending

Data for Credit Scoring Models

  • Data sources: transactional, behavioral, and alternative data
  • Data cleaning and feature engineering tailored for lending decisions
  • Addressing class imbalance and data scarcity in risk prediction

Machine Learning for Credit Scoring

  • Logistic regression, decision trees, and random forests
  • Gradient boosting techniques (LightGBM, XGBoost) for improving scoring accuracy
  • Techniques for model training, validation, and tuning

AI-Driven Lending Workflows

  • Automating borrower segmentation and loan risk assessment
  • AI-enhanced underwriting and approval processes
  • Dynamic pricing and interest rate optimization utilizing machine learning

Model Interpretability and Responsible AI

  • Explaining predictions using SHAP and LIME
  • Ensuring fairness in credit models: detecting and mitigating bias
  • Adhering to regulatory frameworks (e.g., ECOA, GDPR)

Generative AI in Lending Scenarios

  • Leveraging LLMs for application review and document analysis
  • Prompt engineering for borrower communication and insights
  • Generating synthetic data for model testing

Strategy and Governance for AI in Credit

  • Developing internal AI capabilities versus adopting external solutions
  • Best practices for model lifecycle management and governance
  • Emerging trends: real-time credit scoring and open banking integration

Summary and Next Steps

Requirements

  • A foundational understanding of credit risk principles
  • Experience with data analysis or business intelligence tools
  • Familiarity with Python, or a readiness to learn basic syntax

Target Audience

  • Lending managers
  • Credit analysts
  • Fintech innovators
 14 Hours

Number of participants


Price per participant

Testimonials (1)

Upcoming Courses

Related Categories