2022 Highlights - PagoNxt & Santander UK
We rely on:
Common Risk Principles aligned
with regulatory requirements and
inspired by best market practices
Risk management and compliance
'Our solid Risk & Compliance function is key to ensuring
that we remain a strong, secure and sustainable bank that
helps people and businesses prosper'
Advanced management processes & tools to effectively manage and control all risks under a
forward-looking approach
Risk Profile Assessment
Continuous risk
identification and
Scenario Analysis
Anticipating potential
impacts to take early
action
Risk Appetite &
structure of limits
Amounts and types of
risks deemed prudent
to assume
Risk Reporting Structure
Comprehensive, versatile
with deep analysis to
facilitate decision making
Customers
Our proactive and customer-centric
risk and compliance risk
management has allowed us to
maintain our medium-low risk
profile despite the current
macroeconomic environment
3 lines of defence model
with a robust risk committees
structure
evaluation to address
potential threats
Clearly defined
management and control
processes
Models & data unit
Boosting our analytic capabilities to provide
tailored value propositions for our customers
through a cross-functional scope of risk &
business models
O
Oversight Plan
Risk & Compliance annual plans to better
oversight and follow-up the implementation
of long-term strategies
ESG risk
management
We keep enhancing our capabilities
for identifying climate risk drivers
and embedding them into our key
risk management processes
Our strong Risk culture is based on the principle that all employees are risk managers, supporting long-term business sustainability
More information on the Group's Overview of our Corporate Governance presentation. See link to this document on slide 58.
risk pro
Santander
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