Financial Services Risk Management
Senior executives in financial services face new challenges on an almost daily basis. As the risk domain continues to expand, their roles are increasing in importance and visibility – inside the organization and externally – and they are expected to be more proactive in managing risks. They are working more closely with line management and staff functions, even as other business initiatives compete for their attention. And all involved need to understand how organizational, process and technology components can be combined to enhance risk management.
Working with the board of directors, chief executive officers, chief financial officers, chief risk officers and line management, Ernst & Young assists in tackling the numerous challenges faced in effectively harnessing risk.
Our dedicated global team of risk management and regulatory advisory professionals has deep industry knowledge of each aspect of risk that commercial banks, investment banks, asset managers, insurance companies, energy companies and corporate treasuries need to manage. Throughout the financial centers of the world, we provide a comprehensive range of services to help clients develop risk management and compliance strategies and implement cost effective solutions in a tailored and pragmatic way.
Our services:
- Enterprise risk management and governance
- Market risk
- Credit risk
- Operational risk
- Regulatory and compliance risk
- Internal audit
- Economic capital and risk-adjusted performance measurement
- Risk modeling and stress-testing
- Model review
- Transaction process and control review
- Valuation policy review
- Hedge effectiveness measurement and assessment
- Risk system testing and enhancements.