{"id":418,"date":"2015-02-13T13:53:00","date_gmt":"2015-02-13T13:53:00","guid":{"rendered":"https:\/\/trainingcentral.co.in\/tcblog\/?p=418"},"modified":"2025-03-05T08:05:22","modified_gmt":"2025-03-05T08:05:22","slug":"150213-crossfunctionalcertification","status":"publish","type":"post","link":"https:\/\/trainingcentral.co.in\/portal\/150213-crossfunctionalcertification\/","title":{"rendered":"TCUpdate: Cross-Functional Certification for Credit Underwriters in the NBFC Industry"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"418\" class=\"elementor elementor-418\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17453f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17453f3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-92e559d\" data-id=\"92e559d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-814f26a elementor-widget elementor-widget-text-editor\" data-id=\"814f26a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-size: 18px; color: #000000; font-family: Arial;\"><b><span style=\"color: #000000; font-family: Arial;\">A Cross-skilling Certification for the Credit Underwriters in Retail Assets<\/span><\/b><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0e23668 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0e23668\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-34c7ade\" data-id=\"34c7ade\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69ceccb elementor-widget elementor-widget-text-editor\" data-id=\"69ceccb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For a multi-product NBFC, it is imperative that there be as much fungibility within a expertise-level as possible to quickly meet demands of resourcing and to decrease cost of acquisition from the market.<\/p><p>TrainingCentral client is a leading NBFC with multiple retail asset products in the commercial loans business. The client wished to ensure cross-product resource inter-changeability amongst the crucual credit-underwriter function i.e. it should be possible for a credti underwriter executive from &#8216;SME Risk&#8217; to seamlessly move to &#8216;Infrastructure Lending&#8217; group.<\/p><p>TrainingCentral, in conjunction with the client, designed a four-phase 12-week certification which ensured that a credit underwriter gained a deep understanding of the credit framework of a parallel product in the company&#8217;s bouquet of products.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cfb81b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cfb81b3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74e24f0\" data-id=\"74e24f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-84669ed elementor-widget elementor-widget-text-editor\" data-id=\"84669ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The unique program also ensured that the knowledge gained from the certification wouldn&#8217;t get absolete over time.<br \/><br \/>The certification structure required the participant to go through a structured program of 4 phases. The complete program can be hosted on TrainingCentral&#8217;s versatile Learning Portal, with complete monitoring and control with the company&#8217;s Learning team.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d90eb85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d90eb85\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a75a5a1\" data-id=\"a75a5a1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b7de78 elementor-widget elementor-widget-text-editor\" data-id=\"8b7de78\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div style=\"background-color: #2f2f4f; padding: 20px; color: white;\">\n  <b>Powerful features of the training include-<\/b>\n  <ul>\n    <li>A ready resource already attuned to the company&#8217;s risk policies and expectations<\/li>\n    <li>Deployment of internal expertise as faculty, with the TrainingCentral&#8217;s panel of experts as back-up.<\/li>\n    <li>Meeting aspirations of internal risk executives for cross-skilling and up-skilling<\/li>\n    <li>Blended mode of delivery ensured strong interest, simultaneous multi-geography certification roll-out and robust MIS<\/li>\n    <li>Cost-effective training program due to optimal usage of internal content, OJT and technology for achieving scale<\/li>\n    <li>TrainingCentral products of ready e-learning courses, learning systems and multi-location training to ensure program success<\/li>\n  <\/ul>\n<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1458a80 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1458a80\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e13b4c\" data-id=\"5e13b4c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df6e25e elementor-widget elementor-widget-text-editor\" data-id=\"df6e25e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<strong>Business Benefits<\/strong>\n\nThe NBFC reads tangible benefits through the program, the largest ones being extending the pool of ready resources for the underwriters for a particular product and savings in sourcing the required skills from the market. The second clear advantage being providing a lateral and upward career path for all-round excellence within the product suite within their organisation\n\n<strong>TrainingCentral role in the certification<\/strong>\n\nTrainingCentral provided the following key role in this certification\n<ol>\n \t<li>Ready e-learning courses for initiating the certification. The well-structured and designed e-learning courses in niche areas of Credit Risk and Foundations in specific retail asset products meant that the participants can revisit their fundaments in that product credit risk approach.<\/li>\n \t<li>Ability to structure multi-stage certification events using automated (e.g. ready tests) and semi-automated (e.g. case study submission and evaluation by domain experts)\n<ol>\n \t<li>Different grading structures for various milestones within the certification<\/li>\n \t<li>Workflow for evaluating the case studies submitted by scores of participants across the country<\/li>\n \t<li>Electronic certificate design and design on meeting the passing criteria<\/li>\n<\/ol>\n<\/li>\n<\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-683833b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"683833b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-313a106\" data-id=\"313a106\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f63b723 elementor-widget elementor-widget-text-editor\" data-id=\"f63b723\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u00a0 3. Classroom training in various locations as back-up to the company&#8217;s internal experts, so that a synchronised training can\u00a0 \u00a0 \u00a0 \u00a0 take place in a time-bound manner.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A Cross-skilling Certification for the Credit Underwriters in Retail Assets For a multi-product NBFC, it is imperative that there be as much fungibility within a expertise-level as possible to quickly meet demands of resourcing and to decrease cost of acquisition from the market. TrainingCentral client is a leading NBFC with multiple retail asset products in the commercial loans business. The client wished to ensure cross-product&#8230; <\/p>\n<p class=\"more\"><a class=\"more-link\" href=\"https:\/\/trainingcentral.co.in\/portal\/150213-crossfunctionalcertification\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":20353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[92],"tags":[],"class_list":["post-418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tcexp","is-cat-link-solid-light is-cat-link-rounded"],"_links":{"self":[{"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/posts\/418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/comments?post=418"}],"version-history":[{"count":10,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/posts\/418\/revisions"}],"predecessor-version":[{"id":20714,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/posts\/418\/revisions\/20714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/media\/20353"}],"wp:attachment":[{"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/media?parent=418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/categories?post=418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trainingcentral.co.in\/portal\/wp-json\/wp\/v2\/tags?post=418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}