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Internal Systems
Risk Management Policies
GÖNÜL ÇULHA ÖZSOY
Director
Internal Systems
Her bio is found on page 55. Mrs. Özsoy’s principal
responsibilities are to ensure performance of internal systems
operations in an efficient and effective manner in compliance with
relevant rules and regulations and report activities of the internal
systems and their results to the Audit Committee, pursuant to
Article 29 of the Banking Law and provisions of the Regulation on
the Internal Systems of Bank issued by the Banking Regulation
and Supervision Agency (published in Official Gazette No, 2633
dated November 1, 2006).
ALİ KASTAL
Head of the Inspection Council
A graduate of Istanbul University, Faculty of Economics,
Department of Economics, Mr. Kastal subsequently worked in
the Foreign Trade Directorate at T.C. Ziraat Bankası A.Ş. from
1997 through 2000. He has served on the A&T Bank Inspection
Council since 2000 and has presided over the council since
2009. Mr. Kastal has 17 years of professional experience.
Mr. Kastal’s principal responsibility is to manage and fulfill the
requirements of the internal audit function pursuant to Article 32
of the Banking Law and the provisions of the Regulation on the
Internal Systems of Banks.
İLHAN GÜVEN
Manager
Internal Control Department
A graduate of Istanbul University, Faculty of Political Sciences,
Department of Public Administration, Mr. Güven worked in the
Consumer Banking Department and Inspection Council at Bank
Ekspres A.Ş. from 1996 to 1998. Since 1999, he has served in
various departments of A&T Bank. In July 2012, Mr. Güven was
appointed as Manager of the Internal Control Department, where
he has worked since 2005. He has 18 years of professional
experience.
CEM ERTAN
Manager
Risk Management Department
A graduate of Boğaziçi University, Department of Economics, Mr.
Ertan started his career in the Financial Analysis Department of
Yaşarbank A.Ş. in 1998. He has worked at A&T Bank since 2000
and has served as Manager of the Risk Management Department
since 2008. Mr. Ertan has 15 years of professional experience.
Pursuant to Article 31 of the Banking Law and Regulation on the
Internal Systems of Banks, Mr. Ertan’s principal responsibilities
include planning and maintaining the risk management systems
of the Bank, determining risk management strategies, policies
and implementation procedures, and defining, measuring,
analyzing, tracking, studying, and reporting risks in accordance
with principles approved by the Board of Directors.
The Bank’s risk strategy, policy, and procedures, which were
approved by the Board of Directors, have been set out based on
the following principles:
• To be selective in risk-taking
• To define, measure, analyze, and manage risks effectively
• To secure the balance between risk and return
• To have sound collateral covering both existing and potential
risks, and to closely monitor the sufficiency of this collateral
• To have adequate capital to cover existing and potential
future risks
• To secure the appropriate level of risks within defined limits
• To ensure that all operations are conducted in accordance
with approved policies and procedures
• To ensure that all operations are in compliance with
applicable laws and regulations
• To establish an appropriate corporate culture within the Bank
based on risk-taking
• To create effective reporting channels, and ensure the timely
informing of relevant management authorities to eliminate
any form of discrepancy.
A&T Bank focuses on the definition, measurement, analysis
and management of the risks involved in its operations, and
determines its risk management policies and application
procedures in a consolidated manner.
The Risk Management Department undertakes daily analysis
of the various risks that the Bank may be exposed to, and
calculates the profitability and costs related to the management
of these risks. The aim of risk analysis is to determine the
characteristics of these risks and their possible effects on the
Bank.
Market Risk
A&T Bank identifies market risk as possible general market risk,
specific risk, currency risk, commodity risk and clearing risk.
The Bank’s market risk management deals with risks regarding
interest rate, foreign exchange rate and liquidity, as well as their
relationships to, and effects on, other potential risks.
The Bank aims to maximize its risk-adjusted return by
effectively managing market risk using suitable parameters in
compliance with the size of its operations.