entire - Deutsche Bank Annual Report 2012

Deutsche Bank 01 – Management Report 101
Financial Report 2010 Risk Report
Operational Risk
Organizational Structure
The Head of Operational Risk & Business Continuity Management chairs the Operational Risk Management
Committee, which is a permanent sub-committee of the Risk Executive Committee and is composed of the
operational risk officers from our business divisions and our infrastructure functions. It is the main decisionmaking
committee for all operational risk management matters.
While the day-to-day operational risk management lies with our business divisions and infrastructure functions,
the Operational Risk & Business Continuity Management function manages the cross divisional and cross
regional operational risk as well as risk concentrations and ensures a consistent application of our operational
risk management strategy across the bank. Based on this Business Partnership Model, which is also shown in
the chart below, we ensure close monitoring and high awareness of operational risk.
Business Partnership Model of Operational Risk Management
Daily Execution
– Part of business lines
– Daily Risk Management
– Implementation of
ORM Framework
Business Partners
Divisional OR Teams
Independent central
ORM function (ORBCM)
Strategy
Reporting
Target Setting
ORM Framework
AMA Capital Calculation
Monitoring
Testing and verification
by: Audit, Compliance,
Legal, Finance
and others
Control Groups
Functional OR Teams