Paul Miles — Credit Lifecycle Business Glossary Conceptual Layers (1-slide diagram)

Tag: S-2026-07-14-paul-glossary-conceptual-layers Type: own-writing Author(s): Paul (Red Strata), produced with an AI agent Date of source: 2026-07-14 Date ingested: 2026-07-14 Authority weight: medium — own consulting deliverable synthesising previously-sourced glossary and IRB material; no new external claims Raw file: /_raw_sources/S-2026-07-14-paul-glossary-conceptual-layers.md

What it claims

A single-slide PowerPoint diagram (with md twin) presenting the conceptual layers of the Credit Lifecycle Business Glossary, read bottom to top with the rule that terms are defined once at the layer where they originate and are reused/aggregated — never redefined — by the layers above. Four layers: (1) Day 1 — Origination to Drawdown, split by the industry glossary’s 7 Day-1 processes with per-process term counts (101 terms); (2) Day 2 — Monitoring to Recovery, the 10 operational Day-2 stages plus the Regulatory & Capital Reporting data terms (100 terms); (3) Management Reporting — derived/aggregated MI (portfolio credit MI & watchlist, covenant/EWS/forbearance MI, BCBS 239 / ECB RDARR risk data aggregation & CRO attestation); (4) External & Regulatory Consumers — data/loan tapes (external outputs) and IRB & supervisory reporting (IRB rating system PD/LGD/EAD, COREP IRB C 08, FINREP F 18/F 19, Pillar 3 CR6–CR10, AnaCredit). Prioritisation guidance restates the glossary sequencing: Day 1 process terms first (59 Core up front), Day 2 next, derived reporting terms last. Counts are the 201-term industry baseline; the 399-term reconciled scope (Core 124 / Essential 201 / Extended 74) is shown as the recommended scope. Format: black/grey/white on white, Aspira font. Saved to 03 Credit Lifecycle\Glossary Conceptual Layers\.

Notable quotes

“Each layer defines its terms once, at the lowest layer where they originate. Every layer above reuses and aggregates those terms — it must not redefine them.” (slide, right panel)

What’s speculative vs. asserted

• Asserted (carried from prior sources): stage structure and term counts [S-2026-06-27-paul-clm-industry-business-glossary]; 399-term reconciled recommendation; IRB/COREP/FINREP/Pillar 3/AnaCredit consumer set [from the IRB Requirements & CLM Implications briefing, 2026-04-23 DRAFT].
• Declared gap: the data/loan-tape layer was specified in Paul’s brief; no existing wiki or workspace source describes the bank’s loan-tape outputs, so its description is generic and marked as such in the md twin.
• Term counts are flagged as indicative, for prioritisation only.

Topics this feeds

• CLM Glossary Acceleration Squad — project page updated with this delivery.

Open questions raised

• Whether the client wants the loan-tape layer detailed further (which tape types, which consumers) once a bank source describing external data outputs exists.