Risk Management
RBS Mexico's Risk Managementcorporate policies are oriented to avoid potential events, whose consequences might prevent the suitable fulfillment of the strategic, tactical or operational targets of the Institution.
The main purpose of RBS Risk Management team consists in providing the top management within the Bank with a useful and formal tool, able to timely inform and guide the actions to be taken in order to favor the efficiency and effectiveness of the Institution as a whole, through the establishment of policies, risk limits and procedures.
RBS defines Risk Management function as a set of objectives, policies, procedures and actions that are carried out to identify measure, monitor, limit, control, inform and reveal all the risk exposure of the Bank. Risks are classified as follows:
I. Quantitative risks
A) Discretionary risks:
- Credit risk
- Counterparty risk
- Market risk
- Liquidity risk
B) Non-discretionary risks
- Operational risk
- Legal risk
- Technological risk
II. Qualitative (or non-quantitative) risks
- Reputational risk