This course introduces Governance & Approval Authority within the Commercial Vehicle Retail Credit process. It focuses on understanding governance structures, decision-making responsibilities, and approval authorities that guide credit, recovery, and distressed asset activities. Learners will explore key areas such as adherence to regulatory frameworks, internal policies, governance requirements, and borrower viability considerations. The course also examines how governance and approval authority differ from broader compliance monitoring frameworks and highlights the senior credit leader’s role in setting limits, governing exceptions, ensuring accountability, and driving strategic alignment across the credit function.