Risk
The Risk Management function is independent from the operational business and support functions and is responsible for the risk management framework.
The Risk Management function ensures that risks that Bluestep Bank is, or might be, exposed to are identified, assessed, measured, monitored, managed and properly reported. Further, the Risk Management function regularly monitors the risk profile against strategic goals and risk appetite.
Compliance
The Compliance function is independent from the operational business and support functions whilst being a control function for the business.
The function works proactively with quality regarding regulatory compliance through providing information, advice, training, supervision and monitoring of the compliance areas, thereby supporting the operational business and support functions, and management.