Lecture 5 : Probability of Default PD Basics скачать в хорошем качестве

Lecture 5 : Probability of Default PD Basics

🎓 IFRS 9 Credit Risk – Crash Course Lecture 5 of 17: Probability of Default (PD) – Basics This video is Lecture 5 of a structured 17-part IFRS 9 Credit Risk Crash Course, designed for professionals and students working in banking, credit risk, IFRS 9, Basel, and regulatory modelling. In this lecture, we focus on the Probability of Default (PD) — one of the core building blocks of Expected Credit Loss (ECL) under IFRS 9. The emphasis is on practical understanding, not abstract theory. 📘 What you’ll learn in this lecture In Lecture 5, we cover: • What Probability of Default (PD) represents under IFRS 9 • 12-month PD vs Lifetime PD • How PD is used across Stage 1, Stage 2, and Stage 3 • Relationship between PD and credit risk staging • Through-the-Cycle (TTC) vs Point-in-Time (PIT) PD (high-level) • Common misunderstandings and modelling pitfalls • How PD feeds into ECL calculations This lecture builds directly on earlier lectures covering ECL structure and components. 🎯 Who this lecture is for • Credit Risk Analysts & Modellers • IFRS 9 / Basel practitioners • Banking & Finance professionals • Actuarial & FRM candidates • Graduates preparing for credit risk roles No advanced mathematics is required — concepts are explained clearly and practically. ℹ️ About the IFRS 9 Crash Course This is a free educational series released as part of a 17-lecture IFRS 9 Crash Course. Later lectures will cover: PD modelling approaches PIT vs TTC calibration LGD and EAD Lifetime ECL mechanics Macroeconomic overlays Practical modelling considerations 🎙️ Voice narration is used for clarity and production quality. 🔗 Full Training, Software & Support 🌐 Website: https://www.huchest.com/ 🎓 Full Training Portfolio: https://www.udemy.com/user/taipa-gibo... 💼 LinkedIn:   / taipa-huchu   📩 Email: taipahuchu@gmail.com In addition to training, we also support credit risk software deployment, automation, and regulatory solutions, in partnership with an experienced fintech development team. 📌 Subscribe and enable notifications to follow the full 17-lecture IFRS 9 Credit Risk Crash Course as new lectures are released.