Policies and methodologies can only be implemented with the appropriate infrastructure.
This includes an organizational design that reflects a firm wide risk management philosophy and the underlying principles:
- Independence of Risk Function
- Four-eye Principle
- Service Function of Risk towards Business
GSA assists institutions in re-structuring and organizational change programs reflecting international best practice.
It is important for financial institutions to have effective corporate governance practices reflected in their organisational chart and committee structures, enabling their Board of Directors and Senior Management to have oversight role to meet with the organisations strategic objectives.