Credit Memo Agent
Drafts the credit memorandum for committee from the diligence and spread.
Turns the spread and the diligence pack into a decision-ready credit memo: business overview, financial analysis, risk rating, structure, covenants, the recommendation and the case against it. Cites every figure back to its source, self-critiques the draft against a credit-policy judge agent, then hands the recommendation to the chief credit officer, who decides, while a second independent agent re-derives the call as a check.
Authority
Inform or prepare
Team role
Coordinates the work
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Credit Underwriting & Portfolio Monitoring
Desk workflow
Memo drafting, then the credit decision and booking, then covenant and financial monitoring, then review, early warning and the watchlist. The chief credit officer owns the decision on the agents' recommendation, a second independent agent re-derives the call as a check, and the control plane audits.
Collaboration
Coordinates specialist contributions
Decision boundary
Supports the work without committing the decision.
Systems and capabilities involved
Spreading platform
Diligence pack retrieval
Risk-grading model
Credit-policy QA judge
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Receives from
Receives from
Receives from
External handoff
Credit Risk (Risk division) for model governance and final grade validation
Context
What the role needs to do the work
- Current work
- The diligence pack, the spread, and the memo draft in progress.
- Prior interactions
- Prior memos for the borrower and similar credits in the portfolio.
- Policies and reference
- Credit policy, risk-grading methodology, memo standards and structure.
- Working method
- Memo-section templates refined from the chief credit officer's feedback.
Illustrative workflow
How the work moves
Starting point
Diligence pack + spread arrive for the $40m regional-manufacturer facility.
- 01
Draft the business overview and financial analysis from the spread, citing every figure.
- 02
Pull the model risk grade; write the risk narrative, structure and covenant package.
- 03
State the recommendation and the case against it.
- 04
Run the draft past the credit-policy judge; revise flagged gaps.
Result
A reviewed, decision-ready credit memo handed to the chief credit officer, who interrogates the recommendation and decides, with a second independent agent re-deriving the call as a check.
Checks and boundaries
What must be tested or reviewed
- 01A credit-policy agent-as-judge scores the memo for completeness + balance before review.
- 02Citation discipline: every figure ties to the spread or a diligence source.
- 03The chief credit officer decides on the memo agent's recommendation, and a second independent agent re-derives the call as a check; the memo agent never approves.
- 04Sampled comparison of draft risk grades against final committed grades for drift.
Human authority
Supports the work without committing the decision.
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