Independent from the Business Lines, the Risk Management (RISQ) Division's mission is to effective challenge and contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ Division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively corporate and investment banking (GBIS) oriented.
The role of RISQ/RMA/HPC is to provide risk control services for hedge fund counterparties and investments, fund of fund counterparties and investments, and central counterparties risk management. In particular, it performs risk assessment, mitigation, approval, and monitoring processes for the Core Businesses at SG Group that transact with, clear for or invest in hedge funds, take collateral consisting of hedge fund shares, and central counterparties. The risk types that are within HPC's remit are credit, liquidity impairment and reputation risk resulting in credit losses.
Whilst RISQ/RMA/HPC is a service provider, its client is SG and by extension SG’s shareholders. As such, (like all departments within the RISQ Division) it adheres to the philosophy of complete independence from commercial activities. In particular, it is a control function, not a support function to the business.