BOI Credit Officer study plan
BOI Credit Officer · Give each week a clear focus.
8 weeks · About 7 hours per week
Credit Analysis and Financial Statement Analysis
Build a one-page ratio map linking each of the four financial statements to the credit ratios it feeds (liquidity, leverage, coverage, turnover, profitability).
Compute a full ratio set by hand from a sample annual report and reconcile each ratio to the underlying line items.
Convert accrual-based net income to cash flow from operations using the indirect method and explain three common accrual distortions (revenue recognition timing, capitalised costs, one-off gains).
Draft a list of ten red-flag patterns in financial statements (e.g., receivables growing faster than revenue, capitalised interest, related-party sales) with the ratio signal that exposes each.
Your checkpoint
A 3-5 page ratio and cash-flow analysis of one real listed company's two most recent annual reports, including a written verdict on whether reported earnings are cash-backed.
Credit Analysis and Financial Statement Analysis & Credit Risk Assessment and Rating
Analyse working-capital and inventory quality of a sample borrower and quantify the sustainable debt-service capacity.
Construct a projected cash-flow statement for a borrower under a base and a stress scenario and compute DSCR for both.
Design a rating scorecard with weighted financial and non-financial factors, define each factor's scale, and calibrate cut-off thresholds between grades.
Apply the scorecard to two borrowers and justify any override of the mechanical score in writing.
Your checkpoint
A completed rating scorecard template plus a two-page rating memo for one borrower showing the score, the assigned grade, and the reasoning for any override.
Credit Risk Assessment and Rating
Distinguish through-the-cycle from point-in-time rating philosophies and state which your scorecard approximates.
Map each rating grade to an expected default frequency band and a pricing implication.
Identify the qualitative drivers (management quality, industry position, account conduct, ownership support) that most change a grade and draft behavioural anchors for each.
Review a rating migration case: re-rate the same borrower after a deterioration in leverage and explain the migration.
Your checkpoint
A grade-definition table with default-frequency bands and qualitative anchors, plus a one-page write-up of a rating migration with the driver of the downgrade.
Loan Structuring, Pricing, and Documentation
Determine the appropriate facility type, tenor, and repayment structure (amortising, bullet, seasonal) for three borrower profiles and justify each choice.
Build a pricing calculation that covers cost of funds, expected loss, operating cost, capital charge, and target margin, and test sensitivity to a one-notch downgrade.
Draft the key covenants (financial and non-financial) for a term loan and explain how each would be tested and reported.
Assemble a security package and explain perfection requirements and priority for each form of collateral.
Your checkpoint
A complete credit proposal outline for one borrower covering structure, pricing build-up, covenants, and security, with the pricing sensitivity table included.
Credit Monitoring, Early Warning Signals, and Portfolio Management
Build an early-warning dashboard covering financial, behavioural, and market signals, with a trigger threshold for each.
Design a monitoring calendar specifying what is reviewed monthly, quarterly, and annually, and by whom.
Analyse a borrower's account conduct data (overdrafts, cheque returns, delayed payments) and write an escalation recommendation.
Explain how concentration limits and portfolio-level stress testing inform exposure decisions.
Your checkpoint
An early-warning-signal checklist and monitoring calendar for a five-borrower sample portfolio, with at least one borrower flagged and an escalation note written.
Problem Loan Management and Recovery & Regulatory and Legal Framework for Lending
Classify a set of loan cases into watch, substandard, doubtful, and loss categories using objective criteria and state the provisioning consequence.
Outline the recovery toolkit (restructuring, rescheduling, legal action, collateral enforcement, write-off) and match each tool to a case.
Summarise the prudential lending rules that constrain credit decisions: single-obligor and connected-party limits, large-exposure rules, classification and provisioning requirements, and related-party lending restrictions.
Identify the documentation and legal steps that protect enforceability of a loan contract and explain the consequence of each omission.
Your checkpoint
A two-part memo: one page classifying four sample loans with provisioning implications, and one page listing the regulatory limits and legal enforceability checks a credit officer must confirm before disbursement.
Banking Operations, Treasury, and Funds Management & Accounting, Taxation, and Financial Reporting
Explain how a bank's balance sheet and liquidity position are managed, and how funding cost and maturity mismatch affect lending capacity and pricing.
Trace the flow of funds from deposit mobilisation through treasury to loan disbursement and identify the control points.
Apply the relevant accounting standards to loan origination fees, expected credit losses, accrued interest, and non-performing loan recognition.
Compute the tax treatment of interest income, provisioning, and loan write-offs and explain how each affects reported profit.
Your checkpoint
A one-page worked example showing a loan's accounting entries from origination through impairment to write-off, with the tax effect noted at each stage.
Professional Ethics and Governance & Credit Analysis and Financial Statement Analysis & Credit Risk Assessment and Rating & Loan Structuring, Pricing, and Documentation & Credit Monitoring, Early Warning Signals, and Portfolio Management & Problem Loan Management and Recovery & Regulatory and Legal Framework for Lending & Banking Operations, Treasury, and Funds Management & Accounting, Taxation, and Financial Reporting
Apply an ethical decision framework to three scenarios: pressure to approve a weak credit, concealment of a deterioration, and a conflict of interest in a related-party loan.
State the governance obligations of a credit officer regarding approval authority, conflict disclosure, confidentiality, and record-keeping.
Consolidate all prior deliverables into a single revision file and identify the three weakest areas by self-test score.
Complete a timed full-length practice set and review every incorrect answer against source material.
Your checkpoint
A consolidated revision file of all prior deliverables plus a timed practice test score with a written remediation plan for the three weakest domains.
Milestones
Week 2: Can compute a full ratio set and a stress-scenario DSCR from raw statements without notes, and explain what each ratio signals to a lender.
Week 4: Can rate a borrower using your own scorecard, justify an override, and build a pricing calculation that survives a one-notch downgrade.
Week 6: Can classify a loan into the correct impairment category with the provisioning consequence, and list the regulatory limits and legal checks required before disbursement.
Week 8: Achieves a passing score on a timed full-length practice set and has a written remediation plan for the three weakest domains.