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Controlling risk

1.4 The role of the risk manager

 a member of the risk management committee, reporting directly to
that committee and the board.

 focuses primarily on implementation of risk management policies.

 supported and monitored by the risk management committee.

 more operational than strategic

NB Policy is set by the board and the risk management committee and implemented
by the risk manager

Illustrations and further practice

Now try TYU 1 and 2 from Chapter 11.

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