Risk Management
Our Approach to Financial Risk Management
At NBF, we integrate a Three Lines of Defence model to ensure financial risk management is embedded across the organisation. Our approach goes beyond policies and controls—it is deeply rooted in a strong risk culture where every employee understands the importance of compliance, integrity, and long-term business sustainability. By maintaining a customer-centric focus, we prioritise premium, long-term relationships while managing risk effectively.
Understanding potential worst-case scenarios is essential to maintaining a strong financial risk framework. NBF conducts periodic stress testing and control assessments to evaluate risk tolerance and prepare for emerging threats. This proactive approach allows us to adapt to market fluctuations and external challenges.
Risk Governance at NBF
To maintain independence, NBF has a dedicated risk and compliance function that operates with complete autonomy. The Chief Risk Officer reports directly to the CEO and has direct access to the Board and its subcommittees, ensuring transparency and accountability in all risk-related matters. Through this robust governance structure, NBF continues to lead in treasury risk management, providing stability and resilience in an evolving financial landscape
Business units play a crucial role in treasury risk management by identifying and managing risks within their respective functions. By taking ownership at the business level, frontline teams and support functions actively ensure that risks are properly assessed and mitigated, reinforcing our commitment to responsible treasury and trading practices.
