This course provides a comprehensive guide to credit risk management as part of the FRM Part 2 curriculum. Starting with the fundamentals of credit risk, learners will understand key concepts, measurement techniques, and the governance structures required for effective risk oversight. The course covers advanced topics including credit risk management frameworks, risk quantification, derivatives used in credit risk mitigation, and the central clearing of credit exposures. Each module explains practical applications, case studies, and analytical methods used by risk professionals in banks and financial institutions. Key chapters include credit risk measurement, governance, credit risk management strategies, derivatives, and central clearing procedures. This course is ideal for FRM candidates preparing for Part 2 of the exam, CFA candidates, and finance professionals aiming to strengthen their understanding of credit risk. By the end of this course, learners will be equipped with practical skills to assess, manage, and mitigate credit risk in real-world financial contexts, ensuring compliance, financial stability, and informed decision-making in complex banking environments.