Anonymous shelf assessment
Managing Credit Risk: The Great Challenge for Global Financial Markets
Shelf score 7.5 / 10
On Managing Credit Risk: The Great Challenge for Global Financial Markets · John Caouette · Edward I. Altman · Paul Narayanan · John Wiley & Sons
Published 23 March 2026
A practical guide for credit risk measurement and management.
Overview
This book offers a comprehensive approach to credit risk, focusing on measurement, management, and the necessary organizational frameworks. It is particularly valuable for professionals involved in governance and decision-making within financial markets.
The authors, John Caouette, Edward I. Altman, and Paul Narayanan, bring their expertise to address the complexities of credit risk, making it an essential resource for CFOs and credit risk officers. The emphasis on governance ensures that readers understand the importance of organisational structures in managing credit risk effectively.
By area & interest
Target Audience
The book is aimed at treasurers, risk managers, and finance executives, particularly CFOs and credit risk officers, who require practical insights into credit risk governance.
Comprehensive Coverage
It provides a thorough exploration of credit risk, from measurement techniques to the broader implications for organisational governance, making it a valuable resource for understanding the full scope of credit risk management.
Governance Focus
The emphasis on governance and decision-making processes highlights the critical role these elements play in effective credit risk management.
Practical Framework
This book serves as a practical playbook, offering actionable strategies and frameworks that professionals can implement in their organisations.
Basis of this assessment
Assessment based on catalogue description and Google Books metadata.
Strengths
The book's comprehensive approach to credit risk and its strong emphasis on governance are significant strengths, making it a valuable resource for finance professionals.
Limitations
It may be less technical in its treatment of modeling, which could limit its appeal to those seeking in-depth quantitative analysis.
Ideal reader
Ideal readers include finance executives and risk managers looking for practical guidance on credit risk management and governance.