Credit Diligence Agent
Assembles the diligence pack on a prospective middle-market borrower.
Spawns parallel research sub-agents across financials, industry context, peer comparables, news and litigation, and the borrower's existing exposure across the bank, then merges them into the cited evidence pack the credit memo rests on. Reconciles aggregated exposure against the single-name limit and flags concentration for the chief credit officer.
Authority
Inform or prepare
Team role
Coordinates the work
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Middle Market Banking
Desk workflow
Origination, then diligence and structuring, then the credit memo and the credit decision, then documentation and booking. Larger, bespoke deals where a coverage officer owns the relationship, the chief credit officer owns the call, and the diligence and memo agents feed it.
Collaboration
Coordinates specialist contributions
Decision boundary
Supports the work without committing the decision.
Systems and capabilities involved
Spreading platform
borrower financials
Industry + market data
Exposure / single-name limit system
News + litigation search
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
External handoff
Coverage officer sources the deal; the chief credit officer decides
Context
What the role needs to do the work
- Current work
- The deal thesis and the evidence board being assembled.
- Prior interactions
- Prior deals and the relationship's history with the bank.
- Policies and reference
- Industry knowledge, comparable-company sets, the bank's risk appetite.
- Working method
- Not specified for this role.
Illustrative workflow
How the work moves
Starting point
The coverage officer requests diligence on a $40m facility for a regional manufacturer.
- 01
Spawn sub-agents: financial trend, industry outlook, peer comps, group exposure, news.
- 02
Aggregate the bank's existing exposure to the borrower group against limits.
- 03
Merge findings into an evidence pack with a draft risk narrative.
Result
A cited diligence pack handed to the credit-memo agent, flagging concentration against the single-name limit for the chief credit officer's attention.
Checks and boundaries
What must be tested or reviewed
- 01Citation discipline: every figure and claim links to a source record.
- 02Agent-as-judge review of pack completeness vs. the diligence checklist.
- 03Exposure aggregation reconciled against the single-name limit system.
Human authority
Supports the work without committing the decision.
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