Key Stakeholders: Chief Credit Officers, Credit Officers, Credit Administrators
Increase efficiency and controls for credit actions and approvals
With BankPoint, you can ensure your credit policy is followed consistently and accurately, giving confidence to your executive team, auditors, and examiners.
BankPoint acts as the system of record for credit actions such as changes to risk ratings, charge-offs, non-accruals, and other important risk indicators. Eliminate outdated, manual processes that use email and clunky status change forms, and automate your credit action workflow with a simple system that provides instant, intuitive audit trails.
Simplify credit administration
Instantly access daily historical data and loan-level data from the core, as well as notes, activity, covenants, document requirements, and even documents stored in your existing imaging system. Manage borrowers and guarantors, view and navigate complex relationships, and track collateral, including appraisals and asset valuations.
With searchable, customizable dashboards, BankPoint helps ensure you have the information and reporting you need, when you need it.
Automate covenant tracking and document ticklers
The system makes it easy to manage current and historical covenant reviews, including approval workflows, exception reporting, and alerts to stay on top of exceptions for prompt follow-up.
Easily manage complex relationships
It automatically collects and analyzes data from your systems, showing the links between customers and loans in an easy-to-understand diagram. This lets you see the complete legal lending limit for each relationship easily and accurately.
You can also update and add new borrowers or entities as relationships evolve. BankPoint's simple interface makes managing these relationships straightforward.
Frequently Asked Questions
What does the Credit Administration module help Chief Credit Officers do?
The BankPoint Credit Administration module helps Chief Credit Officers manage credit exposure and maintain a healthy loan portfolio by standardizing how credit actions and approvals are handled.
How can Credit Officers manage Credit Action approvals and audit trails?
Credit Officers can use a Credit Action workflow to replace manual email and status-change forms with an automated process and built-in audit trails. BankPoint acts as a system of record for credit actions like risk rating changes, charge-offs, and non-accruals, for consistent internal oversight.
How does the platform support Credit Policy compliance for auditors and examiners?
BankPoint supports Credit Policy compliance by replacing ad hoc emails, spreadsheets, and forms with automated workflows and audit trails. It provides auditors and examiners a centralized view of credit actions and approvals, so teams can quickly see how decisions were documented and tracked.
What can Credit Administrators access in the system day to day?
Credit Administrators can access portfolio information such as daily historical and loan-level data from the core. This includes notes, activity, covenants, document requirements, and documents stored in your existing imaging system. They can manage borrowers and guarantors, navigate relationships, and track collateral such as appraisals and asset valuations.
How does Exception Monitoring work in BankPoint?
BankPoint's Exception Monitoring unifies covenant tracking, document requirements, and exception management in a single dashboard. The Checklist view surfaces upcoming to-dos - documents due, collateral requirements, and covenants ready for review - with lead dates to drive timely follow-up. When items become overdue or covenants fail, they automatically move to the Exceptions view for reporting and remediation. Covenant reviews follow structured approval workflows, and document requirements can be scheduled with configurable due dates and assignees.
Does BankPoint handle complex borrower relationships and legal lending limits?
Yes, BankPoint handles complex relationships by collecting and analyzing data from your current systems to build a diagram that maps links between customers and loans. This view helps teams see the complete legal lending limit for each relationship and supports updates as borrowers or entities change over time.
