Risk Management Unit: Helping Banks Identify and Groom Talent
Publication Date: 22 June 2009

Page No. : 25
Total No. of Figures/Tables: 10
Publication Price: US$3600

ABOUT THIS REPORT

Senior decision makers in the financial services industry have pointed out that their risk management frameworks are in fact a long way away from what is widely understood as industry best practice. Common reasons cited for this disparity include a dire lack of risk management talent not just in Asia but globally, a lack of risk managers senior and credible enough to influence heads of business lines, outdated compensation schemes and misaligned targets between risk management and the business units.

This report profiles and analyses some of the most well regarded and effective risk management teams and chief risk officers globally to identify how banks can best build a competent risk management team that will drive bank performance synergistically with other business units moving forward.



  1. CFO, CRO and CEO’s Office
  2. Heads of Strategic and Corporate Planning
  3. Heads of Compliance and Audit
  4. Heads of Human Resources

1. Emerging best practices in effective risk management
2. Building the risk management team in large universal banks
  2.1 Case study of the Royal Bank of Canada
2.2 Case study of BBVA
3. Building the risk management team in mid-sized banks
  3.1 Case study of Hang Seng Bank
3.2 Case study of Westpac
4. Building the risk management team in emerging market banks
  4.1 Case study of Nedbank
4.2 Case study of CIMB Bank

5. Profiling the head of risk management

  5.1 Morten Friis, chief risk officer, Royal Bank of Canada
5.2 Jordi Garcia, global head of operational risk, BBVA
5.3 Phang Hong Lim, chief risk officer, CIMB

6. Profiling other key office holders
  6.1 Heads of credit, market, and operational risk
6.2 Other key areas, like liquidity, Basel II
6.3 Head of the board risk committee
7. Asian Banker Research assessment of the talent available and buildable today
  7.1 What part of the world can you find good risk managers?
7.2 Which non core-risk management parts of the bank can they come from?
7.3 What can you outsource and in which areas can you use consultants?