This course covers Customer Experience Risk in Housing Products, which involves understanding the scope, intent, and risk implications of how customer interactions, journey design, and product experience may impact outcomes within the Housing Finance Credit workflow, particularly for accounts requiring structured assessment, clearly defined boundaries, and independent review. It evaluates key dimensions such as customer journey scope, product intent, fairness expectations, and property valuation considerations, with each representing a distinct assessment dimension that requires independent validation and documented rationale before any credit action is finalized.
It is distinct from portfolio diversification strategy, as it focuses on the structured identification and management of risks arising from poor or inconsistent customer experience—such as mis-selling, lack of transparency, process delays, or unfair treatment—which can lead to reputational, regulatory, and financial impact, rather than broader portfolio-level strategies that guide exposure distribution. Within Customer Outcomes, Fairness & Reputation Risk, the senior credit leader sets portfolio limits, governs exception criteria, and drives strategic alignment across the Housing Finance Credit function, shaping escalation scope and credit committee priorities.