Risk Management
Risk Assessment & Gap Analysis
- Conducting enterprise-wide risk assessments to identify financial, operational, and compliance risks.
- Evaluating risk exposure in key areas, including fraud, cybersecurity, financial crimes, and operational risks.
- Identifying gaps in existing risk management frameworks and recommending improvements.
Development of Risk Management Frameworks & Policies
- ISO 31000:2018 – Risk management standard Implementation
- Designing risk management policies and procedures in line with global standards (ISO 31000, COSO, Basel, etc.).
- Establishing risk appetite and risk tolerance guidelines for informed decision-making.
- Developing risk control matrices (RCM) and escalation mechanisms.
Risk Registers & Assessment Tools
- Creating comprehensive risk registers, including AML/CFT and financial crime risks.
- Designing and implementing risk assessment matrices to quantify and prioritize risks.
- Training employees on risk scoring models and mitigation techniques.
Business Continuity & Crisis Management
- Developing business continuity and disaster recovery plans (BCP/DRP).
- Conducting risk scenario planning and stress testing for critical business functions.
- Implementing incident response frameworks to handle crises effectively.
Risk Monitoring, Reporting & Compliance Support
- Setting up risk monitoring systems to track and report key risk indicators (KRIs).
- Preparing organizations for regulatory audits and supervisory inspections.
- Conducting risk awareness training for management and employees to foster a strong risk culture.
