Integrated Risk Management Hans-Kristian Bryn
Agenda Snooze and lose What is integrated risk management? Journey towards Nirvana
CSFI, Banana Skins 2000
Snooze and lose... CORPORATE GOVERNANCE MARKET OP CREDIT HEAD HEAD OF RISK?? ?
Shareholder value Snooze and lose... CORPORATE GOVERNANCE MARKET OP CREDIT HEAD HEAD OF RISK?? ? Shareholder value
New business model Snooze and lose... CORPORATE GOVERNANCE MARKET OP CREDIT HEAD HEAD OF RISK?? ? New business model
Transparency Snooze and lose... CORPORATE GOVERNANCE MARKET OP CREDIT HEAD HEAD OF RISK?? ? Transparency
Basel drivers Pillar II - regulatory scrutiny of internal capital assessment Expectation of full economic capital process in future Pillar III - external disclosure of capital assessment & allocation processes Basel Diagnostic Tool I
The art of the possible Technology Methodologies
The time has come Don’t wait... …for the markets to arbitrage you out …for your competitors to overtake you …for the next disaster
What is integrated risk management? SHAREHOLDERS RISK DIRECTOR BOARD FINANCE COMPLIANCE RISK INTERNAL AUDIT STRATEGY POLICY STRATEGIC RISK MANAGEMENT BUSINESS UNITS IT SYSTEMS & DATA
Integrated executive information SHAREHOLDERS BOARD SHV RAPM ECONOMIC CAPITAL OPERATING PROFIT ECONOMIC PROFIT IT SYSTEMS & DATA GROUP INTERNAL AUDIT GROUP RISK GROUP FINANCE GROUP COMPLIANCE BUSINESS UNITS
Strategic risk management EC < RISK APPETITE OTHER O M C
Managing risk on an integrated basis pwc
The data integration challenge Source Data Processing & Storage Reporting
Agenda Snooze and lose What is integrated risk management? Journey towards Nirvana
Where are you now? BUILDING VALUE NIRVANA LEADERS THE PACK INTEGRATION
From intellectual challenge to reality CEO CRO Economic Capital Organisation Reporting
Victor Hugo pwc
pwc