Implementación de la Unidad de Riesgos Financieros para la Cooperativa de Ahorro y Crédito Educadores de Chimborazo Ltda., del cantón Riobamba.

Abstract

The objective of this study was to implement the Risk Unit in the Savings and Credit Union “Educadores de Chimborazo” Ltda. (CACECH), with the purpose of mitigating the risk events to which it is exposed as an entity of the popular and solidarity financial sector. It was considered the 100% of the study population, which consisted in 15 employees to whom surveys were applied and furthermore, interviews were conducted to the President, Manager and Risk Officer. The obtained data allowed to demonstrate the hypothesis that the Unit of Financial Risks contributes to improve the Integral Risk Management in the Cooperative, since it is a tool that leads to an efficient control of the internal processes of a financial institution. It is concluded that, based on the operation of the Risk Unit implemented in 2018, the credit risk to which the Cooperative was exposed with the expired priority consumption portfolio could be controlled and mitigated. This one was reduced in about 79%, that is, $ 298,227.78. It is recommended, to the senior management (Board of Directors), to instruct the CACECH Financial Risk Unit, prepare a comparative chart of the monthly risk indicators with conclusions and recommendations and inform to the Management department to help them propose policies and procedures aimed to mitigate and/or improve those negative results.