Noah adheres to common sense and responsibility, as well as long-term sustainable development. From the group level, organization level, product end to end, Noah has been comprehensively upgrading our risk management system to enable full process risk management, from the perspective of risk management process, risky project disposal, underlying assets monitoring. Based on the above concepts, the risk management team carries out risk management work and strives to support the rapid and reasonable development of the company's business on the basis of putting rick management first.
Noah’s Risk Management Principle
Noah’s risk management covers the Company’s main product and sales businesses. It is also embedded in each sub-line of our business, forming a complete risk management system and operation model together with Group Risk Management Center and Group Risk Management Committee. A matrix management model has been adopted for Noah’s overall risk management:The Group to establish risk control framework, and business sectors make decisions then submit these for Group-level review, making business sectors’ risk management operation to function under an overall risk management framework, efficiently supporting business development.
The Risk Management Center of Noah Group is involved in the entire financial product process, performing risk management function at each step. The Company has introduced industry-leading risk management technologies to quantify risks across all business lines and consolidate these at corporate level, and has developed risk quantification and assessment models suitable for different scenarios, implementing exposure limit management, key risk monitoring and risk mitigation. The Company defines risk factors in strict accordance with each product’s features, and undertakes exposure limit management using quantitative statistics. Meanwhile, we use risk management technology to assess the capital allocation of the company, establish appropriate economic capital allocation model, effectively manage product risk, protect the rights and interests of clients and the Company, and effectively use the Company's resources to improve efficiency.
Compliance
All businesses must comply with regulatory, corporate and contractual requirements.
Comprehensiveness
Risk management covers all of the Company’s businesses.
Applicability
Risk management must be consistent with current observations and the macro environment.
Timeliness
Threats and risk control measures must be communicated up and down reporting lines in a timely manner.
Full scope
Risk management covers the entire business process.
Noah’s Risk Management Organization
A matrix management model has been adopted for Noah’s overall risk management. The Group has established a risk control framework, within which business sectors make decisions and submit these for Group-level review, enabling business sectors’ relevant functional lines to operate under an overall management framework, efficiently supporting business development.
  • Group Risk Management Committee
  • Group Risk Management Center
  • Subsidiary Risk Management Committee
  • Subsidiary/Business Segment Risk Compliance Department/ Position

1. Members: Group Chairman, Group CEO, CRO, CLO, CMO, CPO, CEO and CRO for Gopher Asset Management, and other executives.

2. Holds weekly meetings to evaluate and review the threats, sales formulas, and pricing of all products.

3. Identifies threats for each subsidiary at business and management levels, and evaluates overall risk accordingly.

4. Members to have group discussions to provide principled guidance on overall risks.

1. The Risk Management Center consists of the Project Review Department, Risk Management Department and Compliance Management Department.

2. The Project Review Department conducts risk assessment of products, and selects products of high quality.

3. The Risk Management Department manages the Company’s market, credit, operational and other financial risks, ensuring that the Company's overall risk remains under control, and assists in project review and supervision.

4. The Compliance Management Department is responsible for internal control policy-making, product compliance and regulatory supervision, ensuring business compliance and code of conducts , as well as providing compliance training.

1. Holds weekly risk management meetings to discover and report threats in the operation and management of business segments, determines corresponding risk mitigation measures, and implements Group Risk Management Committee’s indicative advice.

2. Regularly audits subsidiaries to identify and review threats in all business segments .

1. Each subsidiary/business segment must set up a risk compliance department or risk compliance positions

2. To participate in the management of the entire business process is a must, including initial review, interim management, and post event evaluation

Risk Management System
Risk management process
Addressing Climate Change Risks - Operational Sustainability Management
In recent years, natural disasters have frequently occurred. In order to cope with and mitigate the impact of climate change on our business operations, and to guarantee a functional operation system in the case of unexpected climate disasters, Noah has analyzed the potential direct and indirect physical impact of extreme weather on our operations, and prepared an operational sustainability management plan based on this analysis, which serves as the core basis for climate change-mitigating activities, thereby minimizing and controlling the impact of climate change.
Noah's operating model is highly dependent on IT services. In order to achieve the recovery of IT infrastructure and IT services within a specified time in the case of a climate disaster, and to continue its support for the Company's business continuity requirements, we have defined continuity management processes and relevant roles and responsibilities, which we expect can help to reduce the impact of a disaster on the Company's operations, and reach the goal of sustainable business operation and client services.
Consisting of senior management, Group Business Continuity Assurance Department, a variety of business departments and an IT department, its management scope includes: identifying business continuity requirements for IT services; identifying, evaluating and managing the risks and threats to which IT infrastructure and services are exposed to, and their potential business impact; and developing, validating and implementing contingency plans.
Noah adheres to common sense and responsibility, as well as long-term sustainable development. From the group level, organization level, product end to end, Noah has been comprehensively upgrading our risk management system to enable full process risk management, from the perspective of risk management process, risky project disposal, underlying assets monitoring. Based on the above concepts, the risk management team carries out risk management work and strives to support the rapid and reasonable development of the company's business on the basis of putting rick management first.
Noah’s Risk Management Principle
Noah’s risk management covers the Company’s main product and sales businesses. It is also embedded in each sub-line of our business, forming a complete risk management system and operation model together with Group Risk Management Center and Group Risk Management Committee. A matrix management model has been adopted for Noah’s overall risk management:The Group to establish risk control framework, and business sectors make decisions then submit these for Group-level review, making business sectors’ risk management operation to function under an overall risk management framework, efficiently supporting business development.

The Risk Management Center of Noah Group is involved in the entire financial product process, performing risk management function at each step. The Company has introduced industry-leading risk management technologies to quantify risks across all business lines and consolidate these at corporate level, and has developed risk quantification and assessment models suitable for different scenarios, implementing exposure limit management, key risk monitoring and risk mitigation. The Company defines risk factors in strict accordance with each product’s features, and undertakes exposure limit management using quantitative statistics. Meanwhile, we use risk management technology to assess the capital allocation of the company, establish appropriate economic capital allocation model, effectively manage product risk, protect the rights and interests of clients and the Company, and effectively use the Company's resources to improve efficiency.
Compliance
All businesses must comply with regulatory, corporate and contractual requirements
Comprehensiveness
Risk management covers all of the Company’s businesses.
Applicability
Risk management must be consistent with current observations and the macro environment.
Timeliness
Threats and risk control measures must be communicated up and down reporting lines in a timely manner
Full scope
Risk management covers the entire business process.
Noah’s Risk Management Organization
A matrix management model has been adopted for Noah’s overall risk management. The Group has established a risk control framework, within which business sectors make decisions and submit these for Group-level review, enabling business sectors’ relevant functional lines to operate under an overall management framework, efficiently supporting business development.
Risk Management System
Risk management process
Addressing Climate Change Risks
- Operational Sustainability Management
In recent years, natural disasters have frequently occurred. In order to cope with and mitigate the impact of climate change on our business operations, and to guarantee a functional operation system in the case of unexpected climate disasters, Noah has analyzed the potential direct and indirect physical impact of extreme weather on our operations, and prepared an operational sustainability management plan based on this analysis, which serves as the core basis for climate change-mitigating activities, thereby minimizing and controlling the impact of climate change.
Noah's operating model is highly dependent on IT services. In order to achieve the recovery of IT infrastructure and IT services within a specified time in the case of a climate disaster, and to continue its support for the Company's business continuity requirements, we have defined continuity management processes and relevant roles and responsibilities, which we expect can help to reduce the impact of a disaster on the Company's operations, and reach the goal of sustainable business operation and client services.
Consisting of senior management, Group Business Continuity Assurance Department, a variety of business departments and an IT department, its management scope includes: identifying business continuity requirements for IT services; identifying, evaluating and managing the risks and threats to which IT infrastructure and services are exposed to, and their potential business impact; and developing, validating and implementing contingency plans.