They also assume the role of making credit decisions if a credit authority has been granted to them in cases above credit analyst level, which also includes the responsibility for analysing credit data and financial statements to evaluate the risks associated with the counterpartys creditworthiness, relying on the analysts issued opinion. […]
Being a part of the second line of defence, they are also accountable for challenging and supporting the implementation of risk management measures by the business lines and support units to ensure that the processes and controls put in place by the first...