Risk management protects business performance and helps clients sustain results. We take you through some of these services.
1. Enterprise-wide Governance, Risk and Compliance
Our enterprise-wide governance, risk and compliance professionals work from a board-level perspective to focus on risk across the entire client organization. Their goal is to help clients drive efficiency, effectiveness and balanced risk coverage across the organization’s governance, risk and compliance activities.
2. Internal Audit
Our internal audit professionals help improve the performance of clients’ internal audit functions. They help increase the return on internal audit investment by focusing on value, cost and risk. They work with clients to unlock the potential of internal audit and enhance its value to the organization. This often includes creating and implementing a “roadmap” for the internal audit process.
3. Internal Controls
Our internal controls professionals help clients examine their internal control frameworks and identify opportunities to achieve results beyond compliance. By advising on the balance between the cost of controls and their effectiveness across the organization, our professionals help clients build and implement sustainable improvements to their internal controls structure. These can relate to the overall internal controls design or to specific control issues.
Our actuarial professionals combine global insight and local reach to help financial services and insurance clients develop sound strategies for today’s business environment. They work closely with the clients’ actuarial functions to assess their effectiveness, for example by benchmarking them against leading practice, in order to identify opportunities for improvement. They also provide operational support. This varies from helping insurance clients with actuarial calculations to outsourcing all or part of the actuarial process. Our actuarial teams support clients in adopting new financial reporting standards, including Phase 1 insurance IFRS, and in mergers and acquisitions by assessing products and helping with structuring deals and post-merger integration.
5. Financial Services Risk Management
Our team of risk management professionals offer integrated risk management and regulatory advisory services to the banking and capital markets, insurance, asset management, energy and corporate treasury sectors. These professionals work in global, multi-disciplinary risk service teams to provide broad advisory services, from strategy to implementation support. Team members include experienced risk management professionals, quantitative analysts, risk technology architects, control professionals and former regulators. Working together, they help clients better assess and improve their risk and regulatory frameworks, integrate risk management into operations, grow revenue and manage risk to increase shareholder value.