RISK MANAGEMENT

BASEL ll/lll - SOLVENCY ll - IMPLEMENTATION OF ICAAP / ORSA

• Identification and analysis of weaknesses, recommendations and implementation support
• Support for the elaboration and conceptualization of ICAAP / ORSA descriptive documentation, assistance in  ICAAP / ORSA report production and formalization
• Internal Audit support for ICAAP / ORSA review: internal audit plan, outsourcing
• ICAAP / ORSA Training for executive and managing functions, internal auditors and risk managers

RISK ASSESSMENT

• Critical review of operational processes and internal control plans
• Identification of weaknesses and review of existing controls
• Elaboration of recommendations
• Support for the implementation of recommendations
• Elaboration of the risk mapping and support in the implementation of internal audit plans

SET UP OF A RISK MANAGEMENT FUNCTION

• Introduction within the organizational structure, definition of hierarchic links
• Definition of the perimeter of the function, of responsibilities within the organization
• Evaluation of human needs in qualitative and quantitative terms, recruitment support
• Support for the set-up of the operational structure of the function (reporting, committees, procedures…)

ASSISTANCE IN THE PREPARATION OF ISAE 3402 / SSAE 16 REPORTS (replacing former SAS 70 reports)

• Critical review of existing system of controls in order to obtain the SAS 70 certification
• Elaboration of recommendations
• Support for the implementation of pre-certification recommendations
• Elaboration of ISAE 3402 / SSAE 16 reports for the descriptive part

CO-SOURCING SOLUTIONS FOR RISK MANAGEMENT

• Assignment of Risk Management function
• In a temporary framework in order to ensure the continuity of the function
• In a permanent framework on the basis of pre-defined roles & responsibilities