How does credit analysis differ with riskier lending?

Hi everyone,

I just recently started in CB and my bank has a pretty conservative credit risk appetite and strict policy guidelines that kinda keep us away from lending into more riskier situations, which makes sense. We dont do any kind of with subordinated debt structures and I was wondering how credit analysis differs in these situations? I realize this is a broad question but what are some of the things you look for besides the typical financial and industry analysis?

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