Gts Risk Awareness Quiz

10 Questions | Total Attempts: 276

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Awareness Quizzes & Trivia

Questions and Answers
  • 1. 
    The Risk Partnership Model philosophy is built upon the key concept that risk management in GTS is owned by......
    • A. 

      GTS Exco

    • B. 

      The Functional Area Heads

    • C. 

      GTS Risk & Finance

    • D. 

      All GTS Employees

  • 2. 
    Risk can be defined as the direct or indirect loss resulting from inadequate or failed processes, people, systems & external factors...
    • A. 

      True

    • B. 

      False

  • 3. 
    Power outages, power surges & fraudulent activities by syndicates cause failure in which operational risk driver...
    • A. 

      Processes

    • B. 

      People

    • C. 

      Systems

    • D. 

      External Factors

  • 4. 
    All GTS employees form the 1st line of  defence and need to..... (There may be more than one correct answer, you should tick all correct answers)
    • A. 

      Adhere to all GTS policies & procedures

    • B. 

      Adhere to all GTS systems security requirements

    • C. 

      Have a strong oversight of risk across GTS, such as operating loss tracking

    • D. 

      Be proactive in their end-to-end responsibilities, ensuring the early identification of risk issues

    • E. 

      All of the above

  • 5. 
    A risk event occurs........
    • A. 

      Each time one or more of the resources (people, process or systems) allocated is inadequate to the task being performed

    • B. 

      When people, processes, or systems have failed or are insufficient either in quantity or quality

    • C. 

      A & B

  • 6. 
    The risk minimum standards describe the minimum levels of control required within GTS during a transaction life cycle......
    • A. 

      True

    • B. 

      False

  • 7. 
    How do you manage risk? By being a_______ble for the actions you take (Please fill in the full word NOT only the missing letters)
  • 8. 
    How do you manage risk? By ensuring you are familiar with all the GTS p______s & p________s (Please fill in the full 2 words NOT only the missing letters with a space inbetween the words eg. car bike)
  • 9. 
    How do you manage risk? Ensuring that your solutions are long term & s_______ble (Please fill in the full word NOT only the missing letters)
  • 10. 
    When managing risk, Functional Area Heads are individually accountable for risk exposure in their respective areas with GTS Risk & Finance being solely responsible for managing risk across the Bank, CIB & GTS.......
    • A. 

      True

    • B. 

      False