Diseño de un sistema de gestión de riesgos ERM, para la Cooperativa de Ahorro y Crédito “Educadores de Chimborazo Ltda.”, ubicada en la ciudad de Riobamba, provincia de Chimborazo

Abstract

The design of a risk management system for the Cooperativa de Ahorro y Crédito Educadores de Chimborazo Ltda., in Riobamba canton, is aimed at identifying, measuring, controlling and monitoring the possible risks that may affect the cooperative. The developing of the system is based on the Enterprise Risk Management (ERM). The ERM runs with an integral identification of the cooperative risks and continues with its measuring; stage in which the methodology is development. This will allow examining the risk impact. Stages like control and monitoring are focused on determining actions to reduce the risk impact and minimize the losses through the establishment of policies and strategies. During the study undertaken, a variety of events were showed that could affect the normal course of the cooperative’s operation, since its primary activity is collection and placement of the money and for this reason, the credit union can be exposed to major risks toward its liquidity and the operational side. It is recommended to implement the integral risk management system in order to ease the risk administrator the handling of possible problems that can affect the goals fulfilment of the cooperative.