Who is this programme for?
This programme is designed to meet the needs of:
- Bank staff who wish to understand the core concepts and principles underpinning the importance of credit risk to banks and credit risk management frameworks
- Staff who are required to meet the Central Bank of Ireland’s Minimum Competency Code in relation to Debt Management Services
- QFA designates
- APA (Loans) accredited individuals
- Front office retail banking staff who are involved with mortgage pre-arrears, arrears and collections
- Back office staff including underwriters, mortgage restructure solutions specialists and other mortgage support staff involved with mortgage pre-arrears, arrears and collections
- Staff working in firms which provide specialist mortgage arrears and collections support to mortgage lenders (Outsourcing/Insourcing)
- Accountants, Lawyers, Personal Insolvency Practitioners and other professionals who are involved with mortgage pre-arrears, arrears and collections
- Regulatory staff
- Compliance staff
- Credit review staff
- Internal audit staff
- Credit policy staff
How you will benefit
- This Professional Certificate in Personal Credit is a specialist education programme that offers a unique, independent, university-level qualification.
- The programme satisfies the Central Bank of Ireland’s Minimum Competency Code in relation to Debt Management Services.
- It equips participants with the core concepts and principles underpinning the importance of credit risk to banks and credit risk management frameworks.
- It provides staff with the necessary knowledge and skills which are required to engage directly with indebted customers including mortgage customers who are experiencing financial difficulties and to develop a range of robust financial solutions.
- It supports professional staff who work with mortgage pre-arrears, arrears and collections.
You study two modules as follows:
- Principles of Credit Risk (NFQ Level 8, 5 ECTS)
- Personal Debt Management and Personal Insolvency (NFQ Level 8, 10 ECTS)
When you successfully complete this programme you will be awarded a Professional Certificate in Personal Credit (level 8) from UCD.
- Combination of continuous assessment and written exam
- Principles of Credit Risk: two-hour exam at the end of the semester
- Personal Debt Management and Personal Insolvency: three-hour exam at the end of the semester
The pass mark is 40% in all modules in line with UCD academic policy.
Online, workshops, eLearning
a) Individuals seeking admission to the Professional Certificate in Personal Credit will have 3 years’ experience (full time) in a relevant Banking role and completed the Professional Diploma in Financial Advice or equivalent 30 ECTS Level 7 NFQ programme.
b) Individuals who possess an honours degree (Min. H2.2, Level 8 NFQ).
c) Admission will also be considered from experienced professionals who do not meet the minimum admission requirements as set out above who can demonstrate learning based on work and training experience e.g. Individuals employed in a Credit Role with responsibility for Credit decisions in Financial Services.
You must be a current member of the Institute, or become a member, to undertake this programme.
- Principles of Credit Risk: €475
- Personal Debt Management and Personal Insolvency: €495
You may be required to purchase a textbook/etextbook for certain modules. Please contact the Institute for further information.
If you are a CPD member, LCOI or Chartered Banker, you may be awarded formal CPD hours when you successfully complete relevant modules within this qualification.
Further information is available here.