Start learning 50% faster. Sign in now
Risk management is the process of identifying, assessing and controlling threats to a bank’s capital and earnings. A centralized risk management structure follows a single risk management process across the bank, irrespective of the departments. A bank-wide approach to managing risk is followed. A major issue in establishing an appropriate risk management organisation structure is choosing between a centralised and decentralised structure. The global trend is towards centralising risk management with integrated treasury management function to benefit from information on aggregate exposure, natural netting of exposures, economies of scale and easier reporting to top management. The primary responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately managed should clearly be vested with the Board of Directors. The Board should set risk limits by assessing the bank’s risk and risk bearing capacity. At organisational level, overall risk management should be assigned to an independent Risk Management Committee or Executive Committee of the top Executives that reports directly to the Board of Directors.
Four of the following five are alike in a certain way and hence they form a group. Which one of the following does not belong to that group?
What is position of Saina with respect to the person who study Economics?
Who among the following manufacture Oil?
How many persons between I and the one who joined company in November 23?
Which of the following group represents the females in the group?
Which of the following does not belong to a group?
Which of the following boxes are adjacent to box S?
Who among the following have bought blue colour shirt?
How many people live on the floors above the one on which Kun-woo lives?
Six boxes A, B, C, D, E, and F are kept one above another such that bottommost box is numbered as 1 and the box immediately above it is numbered as 2 an...