This course introduces Vintage Risk in Distressed Assets within the Commercial Vehicle Retail Credit process. It focuses on assessing how risk characteristics and performance outcomes can vary across different booking vintages of distressed assets. Learners will explore key concepts such as vintage-based risk patterns, asset correlation, systemic risks in distressed portfolios, borrower viability, and asset valuation. The course also examines how vintage risk differs from broader portfolio diversification strategies and highlights the senior credit leader’s role in setting portfolio limits, governing exception criteria, and managing concentration and systemic risks across the portfolio.