This course covers Slippage Detection in Resolution Plan, which involves identifying delays or deviations from planned resolution timelines and milestones, ensuring timely recognition of risks to recovery outcomes within Distressed & Structured Asset Credit (ARD). It applies to accounts requiring structured assessment, clear boundary definition, and independent review before any credit decision is finalized.
It evaluates key dimensions such as cash flows and the management of stressed, restructured, and non-performing credit exposures, with each requiring independent validation and documented rationale to ensure accurate detection of slippages and their impact on recovery progress.
It is distinct from related credit management processes, as it focuses on structured identification of execution delays and breach response at the exposure level, rather than broader strategic or operational frameworks—each governed by separate evidence standards, ownership, and approval authority.
Within Monitoring, Milestones & Control, the credit analyst executes the assessment, completes documentation, and flags exceptions for manager review within Distressed & Structured Asset Credit (ARD) credit files, directly influencing escalation scope and credit committee prioritization.