Risk Management - Public Bank | PBeBank.com

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3. The Credit Risk Management Committee is
responsible for overseeing credit risk, the Operational
Risk Management Committee for operational risk and
the Assets & Liabilities Management Committee for
market and liquidity risks.
4. The dedicated independent risk management and
control functions, namely, Internal Audit Division,
Risk Management Division, Credit Administration &
Supervision Division and Operations Control
Department are responsible for the implementation of
risk policies and monitoring of compliance with the
risk policies. They are also responsible for the
identification, measurement and monitoring of risks.
5. The Business Risk Units are responsible for
implementing the risk policies and complying with the
risk policies. They are to ensure that their day-to-day
business activities are carried out with the risk
parameters set.
6. The Audit Committee’s key role, supported by Internal
Audit Division, is to provide an independent
assessment of the adequacy and reliability of the risk
management processes, and compliance with risk
policies and regulatory guidelines.
OVERALL RISK MANAGEMENT FRAMEWORK
Board of Directors
Establish
Risk
Policy
Ensure Implementation
of Risk Policy and
Monitor Compliance
Risk Management Committees
Risk Management Committee
Credit Risk Management Committee
Operational Risk Management Committee
Assets & Liabilities Management Committee
Independent Risk Management and Control Functions
Internal Audit Division
Risk Management Division
Credit Administration & Supervision Division
Operations Control Department
Audit Committee
Business Risk Units
Implement and
Comply with
Risk Policy
Retail Operations
Treasury and Capital Market Operations
Corporate Lending
Investment Banking
Share Broking and Fund Management
Islamic Banking