The adequacy of risk Management policies, procedures and limits

TaTa KELoLa pErUSaHaan Fungsi yang menjalankan pengawasan dalam pengendalian internal diantaranya: - pengawasan melekat oleh Divisi Kontrol untuk pengawasan kepatuhan Bank terhadap ketentuan internal Bank. - pengawasan melekat oleh Divisi Kepatuhan untuk pengawasan kepatuhan Bank terhadap ketentuan eksternal Bank. - Divisi Manajemen Risiko melaksanakan kaji ulang secara berkala dengan frekuensi yang disesuaikan kebutuhan Bank, untuk memastikan: a. Kecukupan kerangka manajemen risiko. b. Keakuratan metodologi penilaian risiko. c. Kecukupan sistem informasi manajemen risiko. - Satuan Kerja Audit Intern SKAI: a. Melakukan kaji ulang penerapan manajemen risiko secara berkala. b. Melakukan pemeriksaan sampling secara periodik dan berdasarkan basis risiko. Kerangka dasar manajemen risiko tersebut di-review secara periodik dan jika diperlukan dapat direvisi sesuai dengan perkembangan kompleksitas usaha dan eksposur risiko Bank, ketentuan Bank Indonesia dan atau berdasarkan best practices terkini. penetapan Kebijakan dan prosedur pengelolaan risiko Secara umum kebijakan manajemen risiko perseroan diarahkan pada hal-hal yang akan mempengaruhi kondisi keuangan, peningkatan kualitas penerapan manajemen risiko Identiikasi, Pengukuran, Pemantauan, dan pengendalian, dan perluasanpendalaman kajiananalisa tinjauan risiko serta mitigasi risiko sebagai berikut: Faktor-Faktor risiko Bank akan memperhatikan beberapa faktor risiko yang dapat mempengaruhi dan berdampak langsung terhadap pendapatan dan permodalan Bank. Faktor-faktor utama risiko tersebut difokuskan antara lain: • Risiko Kredit; • Risiko pasar; • Risiko Likuiditas; • Risiko operasional dan teknologi Informasi tI; • Proil Risiko dan Portofolio; • Implementasi sistem core banking temenos t24; the function carrying out supervision in internal control include among others: - Inherent supervision conducted by Control Division to supervise Bank’s compliance related to the Bank’s internal rules. - Inherent supervision conducted by Compliance Division to supervise Bank’s compliance related to the Bank’s external rules. - Risk Management Division conducts review on regular basis with frequency adjusted to the Bank needs, to ensure: a. Adequacy of risk management framework. b. Accuracy of risk assessment methodology. c. Adequacy of risk management information system. - Internal Audit Unit SKAI a. Conduct review on risk management implementation on a periodic basis. b. Conduct sampling examination on regular basis and in accordance with risk basis. the risk management framework above is reviewed on a periodic basis and if necessary can be reviewed in accordance with the development of business complexities and Bank risk exposure, Bank Indonesian regulations andor based on the latest best practices in the industry. Determining policy and procedure for Managing risk In general the risk management of the Company is geared towards matters that will afect inancial condition, increase in quality of risk management implementation Identify, Measure, Monitor, and Control, and expandingdeepening the reviewanalysisoutlook of risk as well as risk mitigation. they are as follows: risk Factors The Bank will focus on several risk factors that can inluence and directly impact the revenue of capital of the Bank. the main risk factors in focus as are follows: • Credit Risk; • Market Risk; • Liquidity Risk; • Operational and Information Technology Risk; • Risk Proile and Portfolio; • Temenos Core Banking System Implementation T24; 2016 Annual Report BANK ARTHA GRAHA INTERNASIONAL 335 GooD CoRpoRAte GoVeRNANCe • tujuan utama dalam pengelolaan faktor-faktor risiko utama tersebut di Bank adalah mengidentiikasi, mengukur, memantau dan mengendalikan jalannya aktivitaskegiatan usaha Bank dengan tingkat risiko yang wajar secara terarah, terintegrasi, dan berkesinambungan, sehingga manajemen risiko berfungsi sebagai ilter atau pemberi peringatan dini early warning system terhadap kegiatan usaha Bank yang senantiasa tidak lepas dari risiko. Kerangka pengelolaan risiko Kerangka pengelolaan risiko Bank mencakup 4 empat pilar sebagai berikut: 1. pengawasan Aktif Dewan Komisaris dan Direksi Bank melaksanakan penerapan Good Corporate Governance GCG secara berkesinambungan. 2. Kecukupan Kebijakan, Strategi dan Kerangka Manajemen Risiko serta Limit Manajemen Risiko - Arah kebijakan manajemen risiko lebih diprioritaskan terhadap pengelolaan Risiko Kredit baik secara transaksional maupun portofolio dan Non Risiko Kredit yang berdampak pada kerugian keuangan rentabilitas dan permodalan Bank. - Bank melakukan kajian dan penyempurnaan terhadap kebijakan Risk Appetite, Risk Tolerance, dan Risk Limit Bank serta kebijakan terkait lainnya yang bersifat strategis. - Bank melakukan pemantauan atas implementasi pedoman di Bidang Kredit, operasi, treasury, dan bidang lainnya yang berkaitan dengan Manajemen Risiko. - Bank melakukan review dan evaluasi terhadap pedoman, kebijakan, dan prosedur manajemen risiko secara periodik. 3. Kecukupan Proses Identiikasi, Pengukuran, pemantauan, dan pengendalian Risiko serta Sistem Informasi Manajemen Risiko Bank melakukan identiikasi risiko, pengukuran risiko, pemantauan risiko, pengendalian risiko serta sistem informasi manajemen risiko. 4. Sistem pengendalian Internal yang Menyeluruh Bank memastikan kepatuhan terhadap ketentuan eksternal dan internal yang berlaku compliance risk, tersedianya informasi manajemen dan keuangan yang akurat dan handal, efektivitas dan eisiensi kegiatan operasional Bank, serta efektivitas budaya risiko dan budaya kepatuhan pada setiap jenjang organisasi Bank. Kerangka pengelolaan risiko tersebut dimaksudkan untuk mengendalikan risiko yang dihadapi dan mengantisipasi serta mengendalikan potensi kerugian • The main objectives in managing main risk factors of the Bank above are identifying, measuring, monitoring and controlling the performance of activities of the Bank’s business within a risk level that fairly directed, integrated and balanced, thus risk management functions as a ilter or an early warning system towards the Bank’s business activities that are constantly exposed to risk. Framework for Managing risk the framework for managing the Bank’s risk covers 4 four pillars as follows: 1. Active Supervision by the Board of Commissioners and Directors the Bank performs a susainable implementation of Good Corporate Governance 2. the adequacy of Risk Management policies, procedures and limits - the risk management policy direction is to prioritize the Credit Risk management on a transactional as well as portfolio basis, as Non-Credit Risk that has an impact on Bank’s rentability and capital. - Bank performs review and improvement on policies of Risk Appetite, Risk tolerance and Risk Limits of the Bank as well as other related policies deemed strategic. - Bank conducts monitoring on the implementation of guidelines in the Credit, operations, treasury sectors, as well as other sectors related with Risk Management. - Bank conducts review an evaluation towards risk management guidelines, policies and procedures on a periodic basis. 3. Adequacy process of identiication, measurement, monitoring and control of risk management information system Bank performs risk identiication, measurement, monitoring, control as well as information risk management. 4. overall internal control system Bank ensures the compliance of prevailing external and internal provisions compliance risk, the availability of accurate and reliable management and inancial information, efectiveness and eiciency of the Bank’s operational activities, as well as efectiveness of risk culture and compliance culture at all levels of the Bank the risk management framework mentioned above is meant to control risks being faced and to anticipate and control the potential expected loss as well as 336 BANK ARTHA GRAHA INTERNASIONAL Laporan tahunan 2016