Gts Risk Awareness Quiz
10 Questions
| Total Attempts: 276
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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
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