COMMERZBANK AKTIENGESELLSCHAFT

Overview of management instruments and levels
Risk strategies
and policies
Overall risk strategy plus
sub-strategies for significant
risk types
Establishment of a general
risk understanding
and creation of a uniform
risk culture
Clear formulation of risk
policy in guidelines
(portfolios, asset classes, etc.)
Differenciated credit authorities
based on com pliance of
transactions with the Bank’s
risk policy
Rating-dependent and
bulk-sensitive credit authority
regulations with
clear escalation processes
Limit and
guideline systems
Definition of Group limits
(across all risk types)
for capital and liquidity
man age ment
Additional definition of
guide lines as key points of
the aspired target portfolio
Performance metrics on
level of risk categories and
sub-portfolios
Expansion of Group-wide
per formance metrics
using sub-portfolio-specific
indicators
Limitation of bulk risk
and uniform management
according to modelindependent
all-in definition
Group
Sub-portfolios
Individual exposures
Portfolio monitoring
and reporting
Group Risk & Capital Monitor
plus risk type specific
Group formats (including
flash reporting)
Uniform, consolidated data
repository as basis for Group
reporting
Portfolio batches as per
established portfolio calendar
Asset quality review and
analysis of High Attention
Parts (HAP)
Trigger monitoring with clear
escalation and reporting lines
Limit monitoring at
individual exposure level
Monthly report to the Board
of Managing Directors on
the development of bulk risks
Review of individual custom -
ers/exposures resulting from
asset quality or HAP analyses
Financial Statements and Management Report 2011 53
Structures of organisation
and committees
Ensuring exchange of
information and networking
in committees that operate
across all risk types
Retaining qualified staff in
line with progressive product
innovation or regulatory
adjustments
Interdisciplinary composition
of segment committees
Ensuring uniform economic
opinions
Deal team structures
Institutionalized exchange
within the risk function, also
taking account of economic
developments
Sector-wise organization of
domestic corporate business