Risk & Quality Assurance Unit

Risk & Quality Assurance (“R&QA”) is responsible for the implementation and enforcement of approved risk parameters and policies firm wide including the identification and mitigation of credit, market, operating, financial, legal, reputation and documentation risks, in order that earnings targets are met and losses minimized

The unit is also responsible for the implementation and enforcement of a firm wide internal audit framework in order to ensure adherence to operating processes and procedures as well as internal controls. As part of this function, R&QA carries out regular inspections of the Firm’s business units measuring adherence, highlighting breaches and recommending improvements to the relevant Board Committee

R&QA reviews the introduction of new products and services with a view to the identification and mitigation of risks preparatory to establishing approved risk parameters

R&QA is also engaged in the restructuring and recovery of the Firm’s credit exposures, particularly as regards margin trading clients and other client lending products

We ensure that the Firm’s businesses get the best deal vis a vis insurance coverage and risk premiums