Torsten Kleine BueningHead, Governance – Enterprise-Wide Risk Management
Torsten Kleine Buening joined Standard Chartered in July 2013. He looks after the Enterprise-Wide Risk Management governance covering the Model Risk, Stress Testing, Risk Tolerance and Country Cross Border Risk, including Group’s Stress Testing Committee and Credit Model Assessment Committee. Torsten is an experienced risk practitioner who is uniquely placed to offer a perspective based on his 15 years of experience covering different risk themes and aspects. His career has spanned across a diverse range of experiences including country and global risk and capital management, governance and modeling roles in regional and multi-national financial institutions as well as start-ups and risk related roles in consulting.
22:40 Implementing an integrated stress test and risk appetite framework including setting and monitoring risk appetite
- Identifying emerging risks and responding to the forthcoming risk management challenges
- Establishing an end-to-end governance and assurance process on Enterprise-Wide Integrated Stress Testing
- What are the future issues to considerate in defining risk appetite?