Risk Management is part of our DNA
We have a deep understanding of Risk Management and the challenges Risk functions are still facing.
Our focus is to help clients building best-in-class risk capabilities to strengthen resilience whilst generating value. We achieve this by ensuring that clients deliver against all regulatory expectations while pragmatically integrate industrialisation and automation capabilities in day-to-day risk management activities.
We promote the need to continuously review and strengthen risk management capabilities so that Risk functions can play a central role towards long-term value generation and be the backbone of Financial Institutions.
We have decades of combined experience in a diverse range of risk and regulatory topics which we leverage to fulfil our clients’ needs.
How We Help Clients
In short, we help Risk functions to be regulatory savvy, cost-efficient, and a centre of excellence attracting and retaining talents, and to deliver value for stakeholders.
We deploy senior experts with experience in leading and delivering high-profile projects that can partner with you not just to support risk strategies, but also to achieve superior results through targeted operational support.
We assist clients with our deep technical and strong managerial skills at every stage of the Risk transformational journey, ensuring full engagement and oversight from our senior team and deploy a team of skilled risk managers with the ability to hit the ground running from day one thus, ensuring a swift execution of operational activities.
Our Risk Management offering covers:
Risk Vision and Strategy
- Defining the CRO agenda and Risk strategy taking into account market and regulatory constraints and opportunities.
- Setting and embedding Risk Appetite frameworks and limits.
Risk framework and Governance
- Proposing adequate Risk Management frameworks and setting robust Governance in line with three lines-of-defence principles and best practice.
- Designing Target Operating Models to align internal and external stakeholders’ interests.
Risk Modelling
- Developing and validating IRB, IFRS 9 and Stress testing models.
- Integrating Climate change risk parameters into existing internal models and portfolio management solution.
Regulatory Risk
- Assessing and advising on impact of new regulation in Risk Management practices such as Model Risk Management, Basel IV, Capital floors, New Definition of Default, FRTB, MiFID II, Climate Change risk.
Our approach to supporting you
Our holistic approach to risk management allows us to effectively cover all risk types, such as credit, market, operational and conduct, in complex and international environments.
Our experience enables us to engage with your risk organisation at all levels from helping your Senior risk management team to deliver on critical issues to more ‘hands on’ technical and operational support. We provide agile solutions to ensure that you get the best value from our collaboration. This is mainly achieved by having a senior consultant assisting you with deep technical and strong managerial skills in your transformational journey and ensure your objectives are successfully achieved.
Case Study
Risk Management Framework review
Client
Mid-size UK bank
Project Duration
8 weeks
The client was a challenger bank looking to further enhance its Risk Management Framework to align to industry practice and to the PRA expectations.
We were hired to:
- Evaluate the state of the bank’s internal risk management capabilities;
- Develop a vision for an ideal target state for its Risk function;
- Design a detailed plan to achieve the target state.
Our approach was to deploy our RMF maturity assessment tool to assess current state of internal capabilities vs targeted state defined through workshops. We then conducted a gap analysis which fed into an enhancement roadmap.
Our client gained a clear understanding of the near-term steps required to better align its Risk Management Framework to peer practices and regulatory expectations. Our recommendations and development prioritisation gave the client a holistic view of the state of its risk capabilities and an understanding of current gaps and a plan to achieve the targeted state.