Integrated Risk Management System of a Banking Group

The article examines the conceptual foundations and structural elements of an integrated risk management system within a banking group. The purpose of the study is to systematize the key components, objectives, and governance principles of integrated risk management and to demonstrate its role in ensuring the financial stability and strategic sustainability of a banking group. The research is based on the analysis of theoretical approaches to risk management in financial institutions, international regulatory principles, and methodological frameworks applied in banking practice. The study uses methods of system analysis, comparative analysis, and structural modelling to identify the main elements and functional interrelations within the integrated risk management framework. The results of the study show that an effective integrated risk management system should operate simultaneously at the level of the entire banking group and at the level of its individual entities. The system integrates processes of risk identification, assessment, monitoring, reporting, and response, while also supporting risk-oriented decision-making and risk-adjusted performance evaluation. Special attention is paid to the role of corporate governance bodies, the definition of risk appetite, the development of a unified system of risk indicators, and the establishment of internal regulatory documentation and communication channels. The study concludes that the implementation of an integrated risk management system based on unified principles, methodologies, and information systems allows banking groups to maintain an optimal balance between profitability and risk exposure, improve the quality of managerial decision-making, and strengthen overall financial stability.