Idea Generation Flashcards
1
Q
Breadth of Ideas:
Products
A
- Assets
- Liabilities
- Operations
- Practicalities
- Environment
2
Q
Breadth of Ideas:
Stakeholders
A
- Customers
- Shareholders
- Regulator
- Employees
- Competitors
3
Q
Breadth of Ideas:
Risks
A
- Credit, CCR, Default, Model
- Market, IRR, Equity, FX
- Operational, Legal, Country, Political, ESG, Climate
- Business (+new), Strategic, Reputation, Competition
- Funding, Liquidity, Capital, Regulatory
4
Q
Control Cycle
A
- Specify Problem
- Develop Solution
- Monitoring/Feedback
- Professionalism
- External Environment
5
Q
Management Framework/Policy
A
- Governance * Roles & responsibilities, ownership, delegation of authority, oversight
- Purpose/scope * Risks/functions addressed, aim of policy, stakeholders, control framework
- Bank strategy * Alignment with objectives, constraints, support of strategic plan
- Risk appetite * Capacity for risk, align & assess metrics w.r.t. appetite, tolerances
- Regulation/legal * Prescriptions, laws, best practice, market confidence
- Specifics * Type of framework, risks/functions, links to other frameworks, A&L sides
- Identification * Identifying risks, drivers of risks/elements, steps involved
- Measurement * Approach to evaluation, informs metrics & KRIs
- Metrics & KRIs * Qualitative/quantitative, targets/hurdles
- Monitoring * Reporting & frequency, assessing compliance, escalation procedures
- Mitigation * Range of strategies, contingency plans, stress tests, management actions
6
Q
X Risk Policy
A
[Check with K]
7
Q
Acquisitions/Disposals/New products
A
[Check with K]
