渣打銀行風(fēng)險(xiǎn)管理手冊英文版

個(gè)人收集整理 僅做學(xué)習(xí)參考IntroductionWelcometostandardchartedBank.Thisriskhandbookwillgiveyouanintroductiontothevariousriskrelatedactivitieswithinthebank.Thishandbookisnotmeanttobea“BibleManagementbutinsteadwillprovideyouwiththebackgroundtoseveralkeyareaswithintheleadingfunctionandwillserveasyour“firstpointofreference”.Elaborationanddetailofanypolicyorprocesswillbefoundintherespectivedatabasesandyouwillbeprovideareferencetothesameinthehandbook.Further,ifyouareinasalesrelatedrole,youmustalsorefertotheRelationshipManagerGuide,whichwillequipyouon,“HowtobeabetterRelationshipmanagerandbecomeapartnertoyourclients”.RiskCulture-WhatdoesitmeanatStandardChartered文檔來自于網(wǎng)絡(luò)搜索WhatisCulture?Websterdefinesitas:“Thesetofsharedattitudes,values,goals,andpracticesthatcharacterizeaorganization-thekeywordis‘shared’.Weallhavedifferentrolestoplaywithintheorganizationbutonethingclear,isStandardCharteredcanandwillonlybesuccessfulifwealltakeownershipofriskandacceptaccountabilityforouractions.Everyoneofuscanleadbyexampleandensurethatthedecisionswemake,theactionswetake,aretothelongtermbenefitofthebankfirstlyandthatanypersonalbenefitissubordinate.文檔來自于網(wǎng)絡(luò)搜索Thebankbenefitsfromastrongriskcultureandweendeavortorewardgoodriskbehaviorinthesamewaythatwerewardotherachievements,Thoseofuswhodemonstrateasoundapproachtoriskcanexpecttoseethisfurtherourcareersandbeappropriatelyrewarded.Savinglossesisasimportantasgrowingrevenue.（物質(zhì)獎(jiǎng)勵(lì)）文檔來自于網(wǎng)絡(luò)搜索Weexpectpeopletobehaveresponsiblyandtobringproblemstothefore（在前面）attheearliestpossiblestage.Inthesamewaythatweexpectopennessandfulldisclosurefromourclients,soweexpectitofourselves.Problemaretheretobesolved,nothidden.文檔來自于網(wǎng)絡(luò)搜索Inagood,soundinstitutionriskisanintegralpartofstrategicplanningfromthetopdown.Goodriskculturederivesfromgoodriskbehavior,acollegiateapproach,openandrobustdebateonissuesofconcernandmostofallafirmandunwaveringcommitmenttoa“NoSurprises”philosophy.Wewillalsoensureweallhaveaclearframeworkwithinwhichtooperateandthatweallunderstandwhatwecanandcannotdo.文檔來自于網(wǎng)絡(luò)搜索Thefollowingtablelaysdownkeycharacteristicsofeffectiveriskculture:文檔來自于網(wǎng)絡(luò)搜索SCBRiskCultureWesucceedifeveryoneseesownershipofriskaspartoftheirresponsibility,noteveryoneelse's;itdoesn'thavetobeinthejobdescription.WeareallexpectedtotakeriskdecisionsinthebestinterestsoftheBankasawhole,notjustourpartofitRiskbehaviorthatisinthebestinterestsoftheBankwillberecognizedincareerdevelopmentandpromotion.Riskownershipbeginsasclosetotheclientaspossibleandisanactive,on-goingresponsibility.GroupRiskwillprovideandcommunicateaclearandunambiguousframeworkofpolicies,principlesandprocessesforriskownershipandreview.Allrisksdecisionswillhaveaclearlyidentifiable.'audittrail'andtheBankwillholdstaffaccountable.1/21個(gè)人收集整理 僅做學(xué)習(xí)參考Inholdingpeopletoaccount,theBankwilldifferentiatebetweenunforeseeableconsequencesanddeliberatepolicy-flouting.Savingsignificantlosseswillberewardedinthesamewayasgrowingtherevenueline.TheBankwillworktocreateaclimateinwhichstaffcantalkhonestlyandopenlyaboutriskorproblemsatasufficientlyearlystage,withtheemphasisonsolutions.Wewillopenlydiscussandlearnlessonsfrommistakes/misjudgements.TheBankwillensurethatallemployeesreceiveRisktrainingappropriatetotheirposition,startingwithinduction.BusinessandRiskMostdictionariesdefineriskas‘danger’or‘thepossibilityofsomethingharmfulorundesirablehappening’.Consequentlytheintuitiveunderstandingoftheworldisa“negative”one.HasaBank,riskisourbusinessandweprofitfrommanagingit.Thereforeitisimperativethatweunderstandtheriskswefaceandhaverobustsystemsthatidentify,measureandmanagetheserisksandhavepeoplewhoareriskawaresothatwecanexploittheopportunitiesthatarepresentedtous.Specificallyweneedtoensurewhenweacceptrisk,wedosobecauseitfitswithourstrategy,iswithinunderwriting(保險(xiǎn)業(yè))standards,ispricedandapprovedappropriatelyandismonitoredconstantly.文檔來自于網(wǎng)絡(luò)搜索RiskPrinciples(alsoreferDatabaseB101)TheBasicPrinciplesofRiskManagementwithinthebankare:文檔來自于網(wǎng)絡(luò)搜索A.Werecognizethatrevenueisearnedbyacceptingriskandwewillensurethatbusinessactivitiesarecontrolledonthebasisofriskadjustedreturn.文檔來自于網(wǎng)絡(luò)搜索B.Wewillbeexplicitinsettingourappetiteforriskandwewillmanagerisktostaywithinagreedparameters.Itfollowsfromthisthatriskmustbequantifiedwhereverpossible.文檔來自于網(wǎng)絡(luò)搜索C.Riskwillbeassessedbeforeacceptanceandforaslongthereafterasweremainexposedtoit.文檔來自于網(wǎng)絡(luò)搜索D.Wewillcomplywithallapplicablelawsandregulationsineverycountrywherewedobusiness,andwiththegovernancestandardsprescribedforlistedcompanies.文檔來自于網(wǎng)絡(luò)搜索E.Wewillapplyhighandconsistentethicalstandardstoourrelationshipswithallcustomers,employees,andotherstakeholders.文檔來自于網(wǎng)絡(luò)搜索F.Groupactivitieswillbeundertakeninaccordancewithfundamentalcontrolstandards.TheseControlswillemploythedisciplinesofplanning,monitoring,segregation,authorizationandapproval,recording,safeguarding,reconciliation,andvaluation.文檔來自于網(wǎng)絡(luò)搜索RiskTypesOftencreditriskisconsideredastheonlyriskthatlendersneedtoevaluatewhenarrivingatalendingdecision.Inanincreasinglydynamicandcomplexmarketplace,itisimperativethatweconsiderallthetypesofriskthatcouldexistandthendimensionandevaluatethecriticalonessoastofocusourlimitedtimeandresourcesonthembeforearrivingatadecision.Asabankwegeneratemostofourrevenuesbyacceptingriskofdifferingtypesinourlendingdecisions.Forasummaryofdefinitionsofthemaintypesofrisk,alsoreferDatabaseB101.Themaintypesofriskthatneedtobeconsideredare:文檔來自于網(wǎng)絡(luò)搜索CreditRisk2/21個(gè)人收集整理 僅做學(xué)習(xí)參考Inassessingcreditriskweseedtoestablishtheprobabilitythatacounterpartywillnotrepayit’sobligationstotheBank.Thebetterthequalityofthecustomer,theloweristheexpectedprobabilityofdefault.Theassessmentofthisriskiscarriedoutbythenatureofthecounterpartyandcanbebroadlycategorizedintothefollowing:文檔來自于網(wǎng)絡(luò)搜索Corporates–TheseincludeLocalFranchisesandMNC(MultiNationalCorporation)segmentsoftheCorporateBankandareapprovedbyCreditOfficerswithdelegatedlendingauthoritywithintheCountryandifbeyondtheirauthoritythenatRegionalCreditOfficerlevelorGrouplevel.文檔來自于網(wǎng)絡(luò)搜索NonCorporates–TheseincludeGovernments,Banks,Financial Institutions andInvestmentInstitutions.GiventhatthenatureofthesecounterpartiesareverydifferentfromthatofCorporates,thesameareassessedandapprovedbyMarketsandInstitutionsRiskManagement(MIRM)whichisanindependentapprovingunitwithintheRiskManagementfunction.MIRMonacentralizedbasissupportsthebank’businessinsettingandapprovingcreditlimits oncounterpartiestosupportthefollowingactivities: 文檔來自于網(wǎng)絡(luò)搜索AssetLiabilityManagement(資產(chǎn)負(fù)債管理)–Thisisdoneonaportfolio(投資組合)basisandagainstpreagreednormswithregardtocounterpartyrating,natureofinstrumentandamountofexposureanddoesnotneedspecificapprovalonacounterpartybasis.Thesearecontrolledonanoversightbasiswithregardtooutstandingandcreditquality.文檔來自于網(wǎng)絡(luò)搜索NormalBusiness–Thisisdoneonaproductbasis(e.g.TradeFinance,FEX,Derivatives,FixedIncomeSecurities,Syndication ’s,etc)andwithreferencetoaspecificcounterpartyonwhomcreditlimitsareestablished.文檔來自于網(wǎng)絡(luò)搜索SovereignRiskandCountryRisk–aretheythesame?No,SovereignRiskisthecounter-partycreditriskofaborrowerwhoisagovernmentorawhollyownedentityofagovernment.HencesovereignriskisassessedaspartoftheriskapprovalprocessforNonCorporatesandshouldnotbeconfusedwithCountryRisk.文檔來自于網(wǎng)絡(luò)搜索CountryRisk(AlsoreferdatabaseB301andB326)CountryRiskariseswhenthebankhasacrossborderexposureonacounterpartyonwhichwehaveCreditRisk.CountryRiskistheriskthatourcounterpartyisunabletomeetitscontractualobligationsasaresultofadverseeconomicconditionsoractionstakenbygovernmentsintherelevantcountry.Giventhatthisisindependentofthecounterpartycreditrisk,weassessthisriskinadditiontocreditrisk.Sincetheassumptionofcountryriskrequirescapitalallocation,wealsopriceforitinaccordancetotheriskofthecountryonwhichanexposureisbeingtaken,Countryriskarisesinallcasesotherthaninthosethatareon-shoretransactionsindomesticcurrency.NominatedCountryRiskAllocationHoldermanageandmonitorthisriskunderthesupervisionofGroupCountryRiskinLondon.(alsoreferdatabaseB327andB329,fordetailsofallocationholdersandcountrystatus)文檔來自于網(wǎng)絡(luò)搜索Amodulare-learningsolutionisalsoavailableon文檔來自于網(wǎng)絡(luò)搜索“Peoplewise”forcountryRisk.MarketandLiquidityRisk(AlsoreferGroupMarketRiskPolicyDatabase) 文檔來自于網(wǎng)絡(luò)搜索3/21文檔來自”于.網(wǎng)絡(luò)搜索個(gè)人收集整理 僅做學(xué)習(xí)參考UnlikeCreditandcountryRiskwheretheriskneedstobeassessedatacounterpartylevel,MarketandLiquidityriskareassessedinthemainonaportfoliobasis.However,inthecaseoflargeorcomplexexposuresthiscouldalsobeevaluatedatatransactionlevel.Typicallytheserisksareevaluatedwiththeuseofsophisticatedstatisticalmodelswhichareemployedtoquantifytheserisksattransactionorportfoliolevel.GroupMarketRiskisresponsiblefortheoverallframeworkandmanagement/controlofmarketandliquidityriskwithintheorganization.Theyevaluateandimplementthemodelsandvalidatetheassumptionsinthemodelsonacontinuousbasis.Atabusinessandcountrylevel,theymonitorandcontroltheserisksbydelegatingauthoritytoLocalManagementwhoareprimarilyresponsibletocomplywiththegroupguidelines.Thesecanbebrieflyexplainedasunder:文檔來自于網(wǎng)絡(luò)搜索1. MarketRiskistherisktotheGroup’searningsalandduecapittochangesinthemarketlevelofinterestrates,securities,foreignexchangeandequities,aswellasthevolatilitiesofthoseprices.GroupMarkRiskprescribestheunifiedframeworkfortheassessmentandcontrolofmarketpricerisk.Ariskmonitoringlimitandreportingstructureissetoutofportfoliosofproducts,instruments,andincomestreams,wheretheeconomicvalueisdirectlyorindirectlysensitivetochangeinvariablemarketprice,suchasspotforeignexchangeormaintainadequate.文檔來自于網(wǎng)絡(luò)搜索Liquidityriskmanagementinvolvestheabilitytomanageandmaintainadequateliquidityatalltimes.Goodliquidityriskmanagementwillresult inthebankbeinginaposition(inthenormalcourseofbusiness)tomeetallit’obligations,torepaydepositors,tofulfilcommitmentstolendandtomeetanyothercommitmentsitmayhavemade.OFcriticalimportanceistheneedtoavoidhavingtoliquidateassetsortoraisefundsatunfavourabletermsresultinginfinanciallossorlongtermdamagetothereputationoftheBank.Prudentliquiditymanagementisofparamountimportanceastheultimatecostofalackofliquidityisbeingoutofbusiness,whichwecannotafford.文檔來自于網(wǎng)絡(luò)搜索OperationalRisk(alsoreferdatabaseB501)Inadditiontootherestablishedriskclassesdiscussedsofar,thebankalsoviewsOperationalriskasaseparateriskclass.LikeCredit,MarketandLiquidityrisks,OperationalRisktoohasevolvedintheGroupandnowhasit’sownestablishedpolicies(alsorefersedatabasubchapterB500)andprocedures(alsoreferdatabasesubchapterB525)tofacilitatemanagementandmeasurement.文檔來自于網(wǎng)絡(luò)搜索OperationalRiskisdefinedas “TheriskthattheGroupwillincurdirectorindirectlossduetoaneventoractioncausingthefailureoftechnology,processes,infrastructure,personnelandotherriskshavingoperationalimpact.Legalriskisincluded.Thisdefinitionexcludesstrategic/businessandreputationalriskSomeofthekeydevelopmentsinthisareaareenumeratedhereunder:文檔來自于網(wǎng)絡(luò)搜索OperationalRiskcoverageisnowenterprisewidei.e.acrossfrontoffice/middleofficeandbackofficefunctionsintheGroupandworksonade-centralisedmodel,withbusinessandcountriestakinggreaterresponsibilityandownershipforday-to-dayriskmanagement. 文檔來自于網(wǎng)絡(luò)搜索GroupOperationalRiskistodayanindependentriskunitwithinGroupRiskandisresponsiblefordefiningandimplementingtheGroup’sOperationalRiskPolicyand4/21個(gè)人收集整理 僅做學(xué)習(xí)參考framework.InadditiontotheOperationalRiskunit,theGroupOperationalRiskfunctionalsoincludesGroupInsuranceandGroupSecurity(includingresponsibilityfortheGroup’sContinuityPlanningPolicy).文檔來自于網(wǎng)絡(luò)搜索TheOperationalRiskmanagementframeworkisalsobeingusedtotrackandmanagenon-traditionalriskslikeReputational,Compliance,Social,EthicalandEnvironmentalriskintheGroup.文檔來自于網(wǎng)絡(luò)搜索Riskmanagementatcountry,businessandGrouplevelisanintegratedprocessandisthroughself-assessmentandexceptionreporting.文檔來自于網(wǎng)絡(luò)搜索Theevolvingrelationshipbetweenarobustcontrolenvironmentandshareholdervaluehasresultedinagreatergovernancefocuswithinorganizations.Rolesandresponsibilitiesarealsobeingconstantlyreviewed/enhancedtosupportthesameandGroupAuditplaysanactiveroleinreviewingtheeffectivenessofriskmanagementprocessandframework.文檔來自于網(wǎng)絡(luò)搜索OntheinternationalfrontStandardCharteredisamemberontheFinancialServicesAuthority(FSA)AdvisorypanelonOperationalRiskandtheInstituteofInternationalFinance(IIF)WorkingGrouponOperationalRisk.文檔來自于網(wǎng)絡(luò)搜索AllemployeehavearoletoplayinmanagingoperationriskandcompliancewiththeGroupOperationalRiskPolicy&Proceduresismandatory.Youmustensurethatyourkeyoperationalrisksareunderstood,beingmanagedandreported(wheresignificant) toseniormanagement.Within theWholesaleBank,significant risksshouldbereportedtotheWholesaleBankRiskCommittee.Coverageshouldbeacrossfrontoffice,middleofficeandbackofficeandbackofficeareasandscopeshouldnotberestrictedtojustServiceDelivery/Technologyissues. 文檔來自于網(wǎng)絡(luò)搜索ComplianceRisk(alsoreferdatabaseB601andB602)文檔來自于網(wǎng)絡(luò)搜索SinceBankingandFinancialserviceactivitiesareconductedwithinaframeworkofobligationsimposedbyregulatorsandnational/internationallaw,complyingwithsuchrequirementsisnotoptionalforthebank.Theconsequencesofnon-complianceincludefines,publicreprimands,andenforcedsupervisionofoperationsorwithdrawalofauthorizationtooperate,anyofwhichcanleadtoreputationallossparticularlythroughadversepublicityinnationalorinternationalmedia.NoncompliancewithregulatoryrequirementscanalsoleadtocivilorcriminalactionbeingtakenagainsttheBankandresponsibleemployees,whichisdetrimentaltoourabilitytosuccessfullyconductbusiness.Thereforethebankisworkingtowardsdevelopingarobustframeworkofproceduresandcontrolssoastominimizecomplianceriskandtoensurethateveryoneunderstandstheirrolesandresponsibilitiesinthisprocess.AllemployeesareexpectedtoobservetheGroupCodeofConduct,whichmustbefollowedatalltimes.TheincreasingimportancetotheissueofmoneylaunderingcannotbeoverlookedanditismandatoryforallstafftobeconversantwiththeMoneyLaunderingPolicy(referB507).文檔來自于網(wǎng)絡(luò)搜索ReputationalRisk(alsoreferdatabaseB701andJ401)文檔來自于網(wǎng)絡(luò)搜索Ourreputationisoneofourmostimportantassetsandthereforeitisimportanttounderstandtheimplicationsofputtingour“Reputationat”risk.Toprotectour(good)reputationweneedtoensurethatweareseentoconductbusinessactivitiesinamannerthatisinlinewiththerequirementsorexpectationsofallourkeystakeholders.Everytimewefailtomanageoneor5/21個(gè)人收集整理 僅做學(xué)習(xí)參考moreoftherisksdiscussedsofarinanappropriatemanner,theresultantadversepublicitywillalwaysimpactourreputationaswellourrevenuegeneratingcapabilityinanygivenbusinesslocation.Theintuitivewaytoassessthisriskistoaskyourselfthequestion, “IfthismadeittotheHeadlinesinthenewspaper,willitembarrassorharmusinanyway? ”IftheanswerisYes,thenescalatetobemadeandanappropriatedecisionagreedto.Allstaffareresponsibleforthedaytodayidentificationandmanagementofreputationalrisk.ItisthedutyofeverySCBemployeetoconsiderthereputationalimpactofhisorheractions.Thismustbeconsideredattheoutsetofanycourseofaction.TheWholesaleBankReputationalRiskCommitteeisresponsibletoreviewthereputationalriskaspectsofproposedtransactions(products,linesofbusinessetc)originatedwithinWholesaleBankandisauthorizedtoapprovethereputationalriskaspectsofthetransactionsreferredtoit.文檔來自于網(wǎng)絡(luò)搜索EnvironmentalandSocialRisk(alsoreferdatabaseB204)文檔來自于網(wǎng)絡(luò)搜索Withgrowingawarenessabouttheneedtoprotectthenaturalenvironmentandconcernswithregardtosocialfactors(e.g.employmentofchildlabour),weareexposedtotherisksofnon-compliancewithenvironmentalandsociallegislation.Thisriskcanemanateeitherdirectlyfromourownactionsasabankorin-directlyasafalloutofoutcounterpartys’actions,shouldtheynotbeincomplianceoflegislationortakeactionsthatarenotacceptabletotheirregulators.EnvironmentalandSocialRiskispartofthetotalriskassociatedwithlending,itshouldnotbeseedasastandalonerisk.Itneedstobeidentified,mitigatedwherepossible,andifappropriatepricedfor,asareallotherrisks.RiskandRelationshipManagersarenotexpectedtobeexpertsinenvironmentalandsocialissues,howevertheyareexpectedtobeabletousethetoolsattheirdisposaltorecognizeandevaluatetherisksassociatedwithlendingdecisions.文檔來自于網(wǎng)絡(luò)搜索RiskManagementFramework&MatrixofResponsibilities 文檔來自于網(wǎng)絡(luò)搜索Inordertoensurethatriskiseffectively managedwhenweprovideproductstoourcustomers,andthroughouttheperiodofourrelationshipwiththem,,itisnecessarytohavearobustriskmanagementframeworkinplaceandhaveclarityastorolesandresponsibilities.文檔來自于網(wǎng)絡(luò)搜索Thetermriskmanagementframeworkreferstothestructurewithinwhichthemanagementofriskiseffectedwithinanorganization.Buildingandmaintainingthisstructurerequiresputtingtogetheramixofthefollowingelements:文檔來自于網(wǎng)絡(luò)搜索methodologyfordeterminingriskappetitepoliciesandproceduresformanagingriskmodelsformeasuringriske.g.creditgradingtoolsforanalyzingriske.g.spreadingbalancesheets文檔來自于網(wǎng)絡(luò)搜索5.processesforrecordingandapprovingcreditrequestse.g.BusinessCreditApplication文檔來自于網(wǎng)絡(luò)搜索6.themeansodelegatingandmonitoringtheuseofcreditauthority文檔來自于網(wǎng)絡(luò)搜索themanagementofdocumentationandlimitinput8.toolsandtechniquesformonitoringandreportingriskexposures文檔來自于網(wǎng)絡(luò)搜索9.thestructuresforregularlyreviewingriskexposurese.g.riskcommittees文檔來自于網(wǎng)絡(luò)搜索andsoon.Justasyoucanbuildmanydifferentdesignsofbuildingswithsimplematerialssuchasbricks,steelandcementtheaboveelementscanbeputtogetherinmanycombinationsdepending6/21個(gè)人收集整理 僅做學(xué)習(xí)參考o(jì)nthenatureoftherisksinvolved.Thestructurevariesthereforeaccordingtothetypeofrisk –credit,marketandcountryrisksaremanagedindifferentways–andevenwithincreditaccordingtothetypesofcounterparty–multinationals,localcorporate,banksandfinancialinstitutions,governmentsallhavedifferentcreditprocesses.文檔來自于網(wǎng)絡(luò)搜索OverallresponsibilityforensuringthatthereisanappropriateriskmanagementframeworkinplacerestswithGroupRisk.ForWholesaleBanktheresponsibilitylieswiththeWBRiskManagementteam.AtcountryleveltheSCOwillensurethatitsrequirementsareoperatingeffectively.文檔來自于網(wǎng)絡(luò)搜索Atanofficerofthebank,isityourresponsibilitytoensurethatyouareawareofthebusinessstrategyandunderwritingstandardsinyourarea.Youmustalsobeawareofthepoliciesandproceduresthatarerelevanttotheareainwhichyouareworkingandensurethatyouworkwithintheirspiritaswellastotheirletter.Ignoranceisnodefencesoaskifyouareunsurehowthingsaresupposedtooperateinyourlocationandwhatyourauthoritiesare.文檔來自于網(wǎng)絡(luò)搜索RiskManagementOrganizationAsmentionedearlier,theriskmanagementorganizationoperatesatthreelevels,Group,FunctionalandCountry.文檔來自于網(wǎng)絡(luò)搜索GroupLevelGroupRisk(GRM)largelybasedinLondonhasresponsibilityforensuringthatriskacrossSCBisrecognizedandmanagedeffectively.ItissupportfunctionreportingtoanindependentGroupExecutiveDirector.Itensuresthattheoverallriskmanagementframeworkisoperatingeffectively.Thisisdone,forexample,byputtinginplacehighlevelGrouppolicies(seesectionBoftheNotesdatabaseottheGroupRiskpagesofSCyBernet),involvementinsignificantriskdecisionsincludingbusinessstrategyandbudgets,over-viewingactualexposuresandinvolvementinthevariousriskcommittees.文檔來自于網(wǎng)絡(luò)搜索FunctionalLevelThemembersoftheFunction(eitherWBorCB)riskteambasedinSingaporehavesimilarresponsibilitiesasGRMbuttheirfocusissolelyonthefunctionorbusinesstheymanage.ThemaindifferencesarethescopeofthisresponsibilityisnarrowerandtheymustoperatewithintheconfinesoftheauthoritiesgiventothemandwithinGrouppolicyboundaries.Theriskteamwillthereforedefinepoliciesandproceduresappropriatetothefunctionandmonitortheperformanceofthebusinesswithintheirareaidresponsibility.Theriskteamisindependentofthebusinessbutworkverycloselywiththem.Theirremitisglobalapplyingequallytocountriesmanagedonasegmentedandnon-segmentedbasis文.檔來自于網(wǎng)絡(luò)搜索CountryLevelAtthecountryleveltheSCOforabusinessisresponsibleforensuringthatriskismanagedeffectivelybysettinglocalriskboundaries,underwritingstandards,andensuringthatriskistakenonwithin thoseboundariesandthatGroupandWB policy andproceduralrequirementsarecompliedwith.文檔來自于網(wǎng)絡(luò)搜索Othersupportfunctions,whichimpactonWBrisk,are: 文檔來自于網(wǎng)絡(luò)搜索7/21個(gè)人收集整理 僅做學(xué)習(xí)參考GroupSpecialAssetsManagement–thisunitisresponsibleformanagementofdelinquentorpotentiallydelinquentaccountstomaximizerecoveriesandminimizelosses.Itisanindependentfunction,whichworksverycloselywithWBandGRM.文檔來自于網(wǎng)絡(luò)搜索Audit–theGroupAuditfunctioncheckthatpoliciesandproceduresarebeingcompliedwithbyoperatingunitsandisanindependentfunctionsoastoensurenoconflictofinterest.文檔來自于網(wǎng)絡(luò)搜索RiskPoliciesandProceduresTodefine,regulateandmonitortheactivitiesofthebank,variouspoliciesandprocedureshavebeenputinplace.TheseareavailableintheNotesdatabaseunder “RiskPoliciesandProcedureDatabase”andinSCyBernetontheGroupRiskwebpageunder Procedures“Policies”and.Thesearethesetofrulesandguidingprinciplescoveringtheprovisionofcreditandrelatedactivitiesandalsodescribetheprocessesandprocedureswithinthebank.Thesepoliciesandproceduresencompassawiderangeofrisks(Credit,Country,Reputational,Operationaletc.)asdiscussedearlierinthehandbook.Itisusefultobefamiliarwiththestructureandoverallcontentofthisdatabase.文檔來自于網(wǎng)絡(luò)搜索ThepoliciesintheBankcouldbebroadlycategorizedintothree –文檔來自于網(wǎng)絡(luò)搜索GroupPoliciesThesesetoutthebroadoverallcreditpoliciesofStandardCharteredGroupfortheConductofcreditbusinessandapplytoallcounter-partiesandtoallbusinessfunctionswithintheGroup.ThedefinitivedocumentinthisareaistheGroupCreditPolicy(B201).TheownershipofthesepoliciesrestwithGroupRisk.ThesearelocatedunderChapterBoftheRiskPoliciesandProceduresDatabase文.檔來自于網(wǎng)絡(luò)搜索FunctionalPoliciesTheseareIndividualbusinessspecificcreditpoliciesandprocedures,whicharedevelopedwithintheoverallguidelinesofthegroupcreditpolicies.ThemostdefinitivedocumentsinthisareaaretheC&IFunctionalCreditPolicy(J101)andtheGlobalMarketsCreditPolicy(J103).ThesesetoutthebasiscreditphilosophyandstandardsbywhichbusinessistobeundertakenandcreditriskmanagedwithintheWholesaleBankinallterritoriesandbusinessunits.WherenecessarythesearesupportedbymoredetailedPolicesandProductProgramsasappropriateforeachbusinessunit.Theownershipofthesepoliciesrestwiththerespectivebusinessesthatformulatethesepolicies.ThesearelocatedunderChapterJoftheRiskPoliciesandProceduresDatabase.文檔來自于網(wǎng)絡(luò)搜索Thefollowingdiagramschematicallyrepresentsthepolicyframeworkwithinthebank. 文檔來自于網(wǎng)絡(luò)搜索GroupGroupCreditPolicyHighLevelPrinciple/policyProductsC&IHighLevelPolicyGlobalMktsPrinciple&someFunctionalProgrammsCreditPolicydetailGenericDetailedPoliciesCreditProcessMoredetailed8/21個(gè)人收集整理 僅做學(xué)習(xí)參考FunctionLevelPolicy/ProcessCountryCountryCountryspecificCountryUnderwritingspecificdetailsStandardsCountryUnderwritingStandardsThesearecountryspecificstandardsthatlaydownnormsforwritingbusinessinaspecificcountryandoutlinevariationstoeithertheGrouporFunctionalLevelpolicies.Thisdocumentessentiallyoutlinestheparameterswithinwhichbusinesswillbeconductedwithinacountrythatmaynotnecessaryhavebeencapturedbythehigherlevelpolicies.TheownershipofthesestandardsrestwiththeCountryHeadofBusinessandtheLocalSeniorCreditOfficer.ThesearelocatedintheCountryUnderwritingStandardsDatabase文檔來自于網(wǎng)絡(luò)搜索Whileitispossibletodobusinesswithcustomerontermsdifferingfromthoselaiddownundertheabovepolicyframework,thiswillrequireahigherlevelofscrutinyandaclearjustificationforthedeviation.(alsoreferappendix1ofDatabaseJ101).文檔來自于網(wǎng)絡(luò)搜索HavinggotanappreciationofthestructureoftheBank’RiskManagementorganization,andPoliciesFrameworkletusnowlookathowtheseimpacttheconductofourbusinessonadaytodaybasis.Mostissuesthatyouwillbefacedwithatworkcanbelinkedbacktoacreditpolicyorprocedureandintheunlikelyeventthatitdoesnotoryourequireanyclarification,theSeniorCreditOfficerofyourcountryshouldbeyourfirstportofcall!!!文檔來自于網(wǎng)絡(luò)搜索RiskPric