Credit Suisse Risk Organization Strategic Goals and Performance
Risk culture is a core focus across first and second lines of defense
Risk Culture framework
18
Take
ownership
Leaders
act as
role
models
Encourage
challenge
Governance,
roles and
responsibilities
Everyone is
a risk manager
Act in line
with
Purpose &
Values
Recent developments
Learn and
anticipate
Clear and dedicated focus on risk culture at the heart of the Group Strategy announced in
November 2021
■ Several immediate enhancements made following Archegos, e.g. risk elements on senior
performance scorecards, “Everyone is a risk manager" communications
■ A risk culture framework has been developed focusing on desired behaviors and focus
foundation elements
■ To track progress, an internal risk culture dashboard has been developed with specific
metrics to measure and drive change
■
Progress will be driven by a Risk Culture Activities plan with activities along various
framework dimensions
Risk
resources
Sample risk culture dashboard metrics
Risk
appetite
and
Risk
competencies
strategy
Incentives
and
consequences
Metric
% limit breaches resolved within guidelines
Risk Deep Dives performed by first line of defense in Risk Committees
(e.g. Executive Board Risk Management Committee)
Footnotes are an integral part of this presentation. See slides 62-67 in the appendix of this presentation for detailed information, including
important presentation and other information relating to non-GAAP financial measures, and defined terms.
Current value
>99%1
+70%2
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