Evaluation  of  the  Design  of  the  Lending  Business Process  Control

Abstract

The paper presents the results of the analysis and evaluation of the design of the control over the main banking business process, namely the process of providing a loan to a legal entity, client of the bank. This study encompasses the analysis of the main risks accompanying the loan application process and control procedures which make it possible to minimize the existing critical risks and stabilize, in general, the operation of the lending mechanism. The results of the analysis of the business process allow the authors to propose certain methods for visualization and decomposition of the process.

Keywords

• business process of corporate lending
• process visualization
• credit risks
• effectiveness of control procedures
• business process decomposition