10:35am - 11:20am Developing an Analytical Framework & Measuring Risk at the SBA
Monday Sep 15 - Room: Constitution B
The use of predictive analytics has modernized the SBA and brought the agency to the forefront of the government lending community. This session will detail the past, present and future of SBA's credit risk management and small business lending policy – and the impact predictive analytics has on fulfilling SBA's mission of providing assistance to the small business community. This progress is in the development of the Lending Risk Rating, which modernized SBA's lender ranking system – and, more recently, the SMART and PARRiS protocols. Advanced scoring and analytics have also enhanced the agency's oversight capabilities.