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The Risk Department supports the development of the mission of the General Direction of Public Credit and the National Treasury, by designing strategies for managing the treasury, the public debt and handling the guaranties and counter-guaranties of the Nation, in line with the macroeconomic targets and based in the financial and economic forces nationally and internationally. Likewise, the Risk Department has among its functions the responsibility of assessing the contingent valuations that present the state agencies for its approval and make the contingent valuations for those areas which are it direct responsibility, such as those that arise from operations of the Public Credit of the Nation.
The Risk Department conducts research on the different methodologies required for the proper management of the risk present in assets or liabilities operation and about every contingences assessments that the General Direction of Public Credit and the National Treasury do, hence since it's connotation of intermediary (middle office) and from standpoint of risk, the department design the guidelines and gives recommendations for all the offices that negotiates and execute the contracts and operations, considering the risk component in their business.
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