Field of activity
The section Clearstream Risk Management coordinates the risk management activities of the Clearstream Group.
The section assesses and reports all operational, financial and business risks of Clearstream to enable all executive boards to monitor their overall risk profile so that developments that could jeopardize the interests of Clearstream entities are identified at an early stage and suitable countermeasures are taken.
Tasks / responsibilities
Support the business units with the identification of non-financial risks and development of risk scenarios and corresponding risk indicators
Validation of identified non-financial risks regarding completeness and accuracy
Assessment of non-financial risks by analysis of risk indicators, loss data and other issues
Contribution to improve risk awareness as part of the corporate culture
Provide advice, challenge and support to Clearstream units to drive proactive risk management
Support Internal Control System enhancements
Perform onsite-visits to Clearstream operations in Europe and Asia
Development, maintenance and enhancement of risk concepts, policies and procedures
Periodic and ad hoc reporting of the non-financial risk exposure, as well as related losses and issues
Regulatory reporting for CSD specific non-financial risk requirements