Roundtable Discussions: Implementation of Risk Management
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Instructions: Break into small groups to network and discuss implementation strategies for risk management in auto finance, including credit availability and performance, technology and automation, and more, as well as to network.
Below are discussion topics designed to get the conversation started. You might want to start with quick introductions. Choose one member of your group to share the results of your discussion with all the attendees. In our experience, the more you participate in the discussion, the more you will get out of it.
Discussion Topic 1:
Considering the current macroeconomic environment, how is your organization adapting its risk management strategies in response to changes in credit availability and rising delinquencies while preparing for 2025? Are you rethinking how you view loan-to-value, debt-to-income and payment-to-income ratios, for example?
Discussion Topic 2:
The Federal Reserve voted to lower rates by a half percentage point, marking
the first decline in four years. Do you foresee lower rates impacting consumer
demand, sales and affordability trends in the near term? How will lenders and dealers need to adjust to a potential uptick in refinance activity?
Discussion Topic 3:
How can different participants in the auto sector, including lenders, tech
providers and operations teams, work together effectively to build a holistic
risk management strategy? What are some best practices in your experience?
Discussion Topic 4:
In what areas does technology enhance risk management within your
organization (i.e. communications, servicing, underwriting)? What are some
examples of how automation has improved risk assessment processes?
