Enterprise Risk Management

Posted on by
  1. ERM Maturity Assessment
  2. ERM Program Roadmap
  3. Setting-up an ERM Function
  4. Implementation of ISO 31000 & COSO ERM Framework
  5. ERM Policy & Framework
  6. Risk Appetite & Tolerance
  • Design, development and implementation of a Risk Appetite Framework
  • Defining “Risk Philosophy” and establish links to the key pillars of the company’s strategy.
  • Defining risk appetite statements for the key risk events and set-up tolerance limits.
  • Calculating a range of key financial ratios & developing a detailed financial model to perform “stress testing” on the 5 years financial forecast of the organization.
  • Calculation of overall financial risk appetite for the company and group.
  1. ERM Governance
  2. ERM & Strategy Integration
  3. Risk Assessment
  4. Key Risk Indicators (KRIs)
  5. ERM Training & Awareness
  6. Fraud Risk Management
  • Design & implementation of a comprehensive Fraud Risk Governance Structure.
  • Development and implementation of a detailed Fraud Risk Policy.
  • Development of a Fraud Risk Assessment Methodology & conducting a Fraud Risk Assessment.
  • Design, development and implementation of Preventive, Detective and Corrective Anti-Fraud Controls across the organization.
  • Development of Fraud Reporting Process & Investigation Procedures.
  1. ERM & Internal Audit Coordination