There are plenty of credit management books to learn about different types of loans and balances and how to manage credit responsibly.
Glen Bullivant’s Credit Management
This is a brilliant handbook for readers from different walks of life, from experienced professionals and finance managers to students and those who are new to credit. The book covers a range of finance topics, from credit services and commercial credit law, to insurance coverage, debt collection, modeling and management, and many others. The book also covers topics such as leasing and sales financing, insolvency procedures, invoice financing, legal procedures for debt recovery, and export finance.
Joetta Colquitt’s Credit Risk Management
Colquitt’s book offers insight into a number of key topics and introduces major concepts related to risk analysis. The book highlights the importance of risk evaluation and assessment and focuses on topics such as credit exposure, company-specific risk evaluation, operational practices, and a lot more. This book offers a comprehensive approach to credit risk management, including transactional and non-financial risks.
Advanced Credit Risk Analysis and Management by Ciby Joseph
Also a great guidebook on credit management and risk, the book discusses key techniques and strategies to manage, assess, and measure risk from different perspectives, the borrower’s and the lender’s. The author offers a glimpse into a range of essential topics such as portfolio level and entity level risk and highlights the importance of risk analysis. The book also introduces major concepts in corporate finance and discusses different approaches such as financial, industry, and macroeconomic analysis. Readers learn about concepts such as LGD, EAD, and PD.
Credit Risk: Pricing, Measurement, and Management
Written by Darrell Duffie and Kenneth J. Singleton, this book focuses on portfolio risk measurement and discusses topics such as credit exposure and credit securities, defaultable bonds, and others. The authors look at alternative approaches and their pros and cons and discuss different aspects of pricing of credit derivatives such as spread options, lines of credit and credit guarantees, debt obligations, swaps, and more. This book is a great read for both students and professionals across fields, including academic researchers, regulators, traders, and risk managers.
Structured Credit Products by William Perraudin
Authored by leading academics, researchers, regulators, and industry participants, this book helps readers understand major concepts such as risk management, rating, and pricing of structured derivatives. The book focuses on a variety of financial products and their characteristics and looks at various market features and transaction categories. The authors also discuss the valuation of various structured solutions as well as techniques applied to model and assess losses on pools. Structured Credit Products also focuses on models used to compare and examine structure product exposures to predict losses.
There are other great books on credit management such as Credit Risk Modeling, Credit Ratings: Methodologies, Rationale, and Default Risk, Derivative Credit Risk, and many others.