Program overview

Valuing notes collateralized by non-performing loans (NPLs) is a critical skill for professionals in distressed debt investing, banking, private equity, and asset management. This program provides a comprehensive understanding of NPL valuation, risk analysis, securitization structures, and distressed debt strategies.

Developed with insights from leading financial institutions and distressed asset investors, this hands-on course equips participants with the skills to analyze cash flows, assess default probabilities, and apply valuation models to NPL-backed securities. Whether you’re an investor, a financial analyst, or a structured finance professional, this program will enhance your ability to value, structure, and invest in NPL-backed notes effectively.

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Skills & Learning Objectives in This Simulation Program

Distressed Debt Markets
Fundamentals of NPLs
Valuation of NPL Portfolios
Loan Recovery Scenarios
Securitization of NPL-Backed Notes
CF Modeling for NPL Notes
Default Probability
Restructuring Strategies for NPL-Backed Notes
Discounted Pricing Strategies

Purpose

The purpose of this program is to equip participants with practical skills in valuing notes collateralized by NPLs. Understanding how to assess default risks, estimate recovery rates, and structure securitizations is essential for professionals in distressed debt investing, credit funds, and structured finance. Participants will learn how to apply industry-standard techniques to real-world NPL-backed transactions.

Why this program?

✔ Industry-Relevant Knowledge – Learn from distressed debt and structured finance professionals with experience in NPL securitization, asset-backed securities (ABS), and credit risk analysis. ✔ Real-World Case Studies – Analyze live NPL market data and valuation techniques used by leading investment firms. ✔ Hands-On Financial Modeling – Build default probability, cash flow projection, and loan recovery models in Excel. ✔ Competitive Edge – Gain expertise in structuring, valuing, and investing in NPL-backed notes, a high-growth sector in distressed investing.

Learning Agenda

This program runs throughout the year, with new sessions available every week. It consists of three levels:Foundation Level:Introduction to NPL markets, default risk analysis, and loan servicing strategies. Understanding NPL securitization structures (ABS, CLOs, SPVs). Advanced Level:Application of default probability models, loan recovery rates, and discount rate selection. Assessing credit enhancements, tranching, and pricing strategies for NPL-backed notes. Expert Level:Modeling complex NPL-backed structures, scenario analysis, and risk-adjusted returns. Case study: Structuring an NPL-backed securitization deal and presenting an investment strategy. Each session lasts approximately 3 hours, combining theory, financial modeling, and real-world case studies.

Who is it for?

This program is designed for:✔ Distressed debt investors & private equity professionals focused on NPLs. ✔ Investment bankers & structured finance analysts involved in ABS and CLO transactions. ✔ Finance graduates & CFA candidates specializing in fixed-income and credit risk. ✔ Regulators & financial institutions overseeing NPL markets and securitizations.

what is included

Participants will receive:✅ Excel-Based NPL Valuation Models (Default Probability, Recovery Rate, Cash Flow Analysis) ✅ Case Studies from Real NPL Transactions & Securitization Deals ✅ Access to Live Distressed Debt Market Data ✅ Expert-Led Video Tutorials and Webinars ✅ Networking Opportunities with Industry Professionals

What you will need?

To fully engage in this program, participants should have:💻 A computer with internet access 📊 Microsoft Excel (for financial modeling exercises) 📒 A notebook for key insights and structured learningA desktop or laptop is recommended for the best interactive experience.

scoring

A structured scoring system tracks participant progress:🔹 Accuracy in NPL Valuation & Credit Risk Models 🔹 Application of Theoretical Concepts to Real-World Securitization Deals 🔹 Performance in Case Studies & Investment StrategiesTop performers compete for recognition, with high scores reflected in industry leaderboards.

Present all participants to our partners

Each week, the top-ranked participants are introduced to our industry partners, including private equity firms, distressed debt funds, and investment banks specializing in NPL investments. These firms are actively recruiting, offering participants a direct path to career opportunities.

Prepare candidates for interview with our Partners

Selected participants receive one-on-one interview preparation with distressed debt professionals. Our team ensures candidates are ready for technical interviews, financial modeling tests, and investment case studies, maximizing their chances of securing top positions in distressed debt investing, credit funds, and structured finance.

Secure your place or get in touch to learn how we complement your finance programs and give your students’ chances for rewarding career in finance.