This course covers Scrip Volatility Assessment, which involves measuring the price volatility of pledged securities to determine appropriate haircut levels within the Loan Against Shares (LAS) Credit workflow to ensure adequate collateral protection and exposure control. It evaluates key dimensions such as value, management of credit against listed securities, margin maintenance, and concentration risk, with each requiring independent validation and documented rationale before any credit action is finalized. It is distinct from portfolio diversification strategy, as it focuses specifically on structured identification, assessment, and breach response related to volatility-driven exposure risks, while portfolio diversification addresses broader strategic allocation and investment-balancing considerations with separate evidence standards, ownership, and approval authority. Within LAS Collateral Eligibility & Valuation, the credit manager validates team-level analysis, approves case recommendations, and manages segment-level exposure, shaping escalation scope and credit committee priorities.