Quizz Penyelarasan BoC

In analyzing risk coverage, how many risk types for individual commercial bank are :

• 8 types of risk

• 10 types of risk

• 12 type of risk

• 4 types of risk

Capital is one key element for a Bank to cover unexpected risk. In Indonesia, minimum Capital Adequacy Ratio (CAR) for a Bank is depend on its Risk Profile rating and additional buffer determined by OJK.  Minimum CAR for an individual commercial Bank, the largest systemic bank with Risk Profile rating “2” at least:

• 15.0%

• 10.0%

• 12.5%

• 13.5%

In reviewing risk appetite, risk tolerance and risk limit, the Board of Commissioner of a Bank has to consider:

• The Bank's strategic plan and risk capacity

• The Bank's strategic plan and risk appetite

• Risk tolerance and risk capacity

• Risk tolerance and risk appetite

To review the effectiveness of risk management policy, Board of Commissioner analyses the 4 components in the assessment of the quality of implementation.

• Governance, Framework, Process and Internal Control

• Governance, Policy, Process and Internal Control

• Government, Framework, Process and Internal Control

• Government, Policy, Process and Internal Control

In reviewing risk governance and organization, which units categorized as second line of model:

• Credit Analyst Group

• Corporate Banking Department

• Internal Audit Department

• Credit Risk Management Group

After pandemic covid-19, the Bank still have several issues in credit risk due to uncertainty of external factors and higher Loan at Risk. One of the way to mitigate higher Loan at Risk is:

• Second Loan Restructuring

• Write Off the Loans

• Overlay CKPN

• Minimize CKPN

Global risk is not only economy, but also environmental, social and technology.  Based on POJK, each Bank has to set up Sustainable Finance Action Plan every year and submit it before end of November. There are some activities categorized as Sustainable Finance such as:

• Lending to MSME and buying government bond

• Lending to MSME and provide digital banking

• Lending to palm oil plantation and buying a green bond

• Lending to palm oil plantation and provide digital banking

Currently, most of the cybersecurity incident are data breach, phising and social engineering.  To mitigate cybersecurity risk, each Bank has to set up cybersecurity risk and resilience guidelines which is consists:

• Set up IT Strategic Plan and IT Risk Management

• Set up IT Security Division and Training all IT Staff

• Cybersecurity testing and Cybersecurity Risk Maturity Level Assessment

• Cybersecurity testing and IT Risk Management

Implementation of good corporate governance, Indonesia adopt two board system, each company has BOD and BOC.  Based on UU PT (Company Act), role of BOC are to supervise and advise the BOD in managing the corporation. Based on POJK Risk Management, one of the role of BoC is as follows:

• Develop Risk Management Policy

• Review Risk Management Framework

• Setting up Risk Organization

• Evaluate & Approve Risk Management Policy including risk strategy, risk appetite and risk tolerance

Based on SEOJK No 28/2023 re Risk Management Certification for Bankers, Competency Standard for Commissioners has been up dated.  One of the Competency Units required for a Commissioners is:

• Develop Risk Appetite Framework

• Review Risk Management Framework

• Managing Intra Group Transaction Risk for Financial Conglomeration

• Oversight Risk Management Policy & Its Implementation