organizing the risk management system at the NBU (financial and operational risks), developing and improving the NBU’s risk management policy, methods, and procedures
ensuring the provisioning to cover financial risks associated with the impairment of assets held by the NBU
ensuring the measuring of financial instruments at fair value in the cases set forth in the NBU’s regulations and administrative acts
methodological support and monitoring of the internal control system at the NBU
ensuring the fair value measuring of the collateral that secure the NBU’s collateral agreements or are offered as collateral to the NBU, or when pledged property is transferred into the NBU’s ownership, verification of reports of the appraising agencies, selective monitoring of the property pledged to the NBU as security against loans provided by the NBU, offered as collateral to the NBU, as well as property regarding which the NBU acquires the property right as the pledgee
ensuring the cooperation with the Deposit Guarantee Fund in the process of approving the initial sale price of the property.
