SPECIALIST RISK MANAGEMENT

ENTERPRISE RISK MANAGEMENT

EVERYDAY CHALLENGES

Increasing corporate governance and financial reporting requirements mean that your organisation has to relook at the way it considers companywide risk:

  • Difficulties in aligning business strategy with an ever expanding risk universe in an increasingly uncertain economic climate
  • A need to roll out a revised enterprise wide risk management framework that yields maximum corporate value for the investment made

THE ADEPT ADVISORY SOLUTION

We can assist you in directing and managing various Enterprise Risk Management (ERM) related projects:

  • Identifying or validating your business risk registry
  • Aligning your risk program to your business objectives
  • Establishing an ERM policy, framework and program that seamlessly integrates with the size and culture of your organisation
  • Evaluating your current ERM program or process and providing benchmarks against similar organisations
  • Facilitating ERM workshops and training within the organisation
  • Enhancing your current ERM program and thereby validating or establishing risk rankings
  • Integrating your ERM program with strategy and other established corporate governance, business continuity management, financial reporting, internal audit, and compliance initiatives

OUR DELIVERABLES

Deliverables are tailored to suit the specifics of the engagement, but could include:

  • An ERM policy and/or ERM framework design
  • ERM risk registry and risk taxonomies
  • Risk type (e.g. credit, market) policy documents
  • Risk messaging and stakeholder communications plan
  • Risk appetite and risk tolerance statements
  • Risk monitoring dashboards / risk and control self-assessments

SUSTAINABLE BENEFITS FOR YOUR ORGANIZATION

A well-crafted and rolled out ERM strategy and framework:

  • Creates a sustainable risk management culture within the organization
  • Strengthen your lines of defense and turn risks into opportunities
  • Enables better business performance and risk-based decision making
  • Promotes achievement of goals and objectives
  • Strengthens the internal controls structure
  • Establishes accountability for goals and objectives
  • Helps define clearer roles and responsibilities

CORPORATE GOVERNANCE

EVERYDAY CHALLENGES

There’s never been a more important time for companies to create a clear Corporate Governance policy

Whether it’s dynamic regulatory landscapes, business growth, or demanding stakeholder requirements, a high degree of confidence in a company’s Corporate Governance has become essential.

THE ADEPT ADVISORY SOLUTION

By working collaboratively with you, our highly experienced and globally aligned team will develop flexible, personalized, and business-defining solutions.

Our sustainable Corporate Governance solutions adhere to global best practices, and are aligned with the King III principals of Corporate Governance.

Our goal will be to support your development and implementation of a robust, yet practical, fit for purpose framework.

OUR DELIVERABLES

Our Corporate Governance deliverables include practical policies, frameworks, tools and templates, covering:

  • Ethical Leadership and Corporate Citizenship;
  • Sustainability;
  • Stakeholder inclusiveness;
  • Board composition, role definition, duties and responsibilities;
  • Audit, Risk & Crisis Management Committees;
  • Executive performance, compensation and remuneration;
  • IT Governance.

SUSTAINABLE BENEFITS FOR YOUR ORGANIZATION

Effective Corporate Governance is a fundamental pillar for sustainable business development, and contributes to improving an organisation’s business and financial activities in a controlled risk environment.

Robust governance is key in investment and transactional decisions.

Adept Advisory has built a reputation for providing specialized Corporate Governance expertise, offering tailored solutions to provide an ongoing competitive advantage.

AGILE RISK MANAGEMENT

EVERYDAY CHALLENGES

Risk Management has become an intrinsic part of business planning and decision making. This requires the right people, processes and buy-in from all employees.

There is increasing pressure to:

  • Integrate and improve collaboration between 1st and 2nd lines of control to deliver tangible value to business areas
  • Abandon stringent approaches to compliance and risk mitigation
  • Deliver value more rapidly
  • Adapt processes to changing business needs

THE ADEPT ADVISORY SOLUTION

Adept Advisory can assist in developing a customized Agile solution for Risk Management based on varying organizational needs:

  • Establishing a risk platform for critical decision making
  • Innovative ways to communicating and managing risk material
  • Driving cultural change through specific practices and behaviours
  • Defining behaviours, practices and metrics that drive focus
  • Our professionals in risk, internal audit, process design, people management, planning and strategy can augment your workforce and adapt the right approach and methodology to suit your needs

OUR DELIVERABLES

Our deliverables are typically tailored to our clients’ requirements and include, amongst others:

  • Developing a bespoke Agile methodology that encourages full employee engagement
  • Providing an engagement model to ensure leadership support
  • Providing tools to encourage engagement of specialist areas
  • Providing training for the team on key Agile principles and the Agile mindset
  • Embedding risk management in business processes
  • Facilitating collaborative discussions to identify risk types and management considerations

SUSTAINABLE BENEFITS FOR YOUR ORGANIZATION

  • Our Agile leadership competency equips leaders to drive and sustain organizational change
  • Operational excellence is achieved by empowering individuals and teams to reach their greatest potential
  • Drive collaboration and co-ownership of objectives across the organization
  • Change behaviour to focus on considering risk as part of the business process instead of an additional requirement outside of business
  • Enable faster business value delivery
  • Create a flexible mindset that readjusts based on business priorities

INNOVATION MEETS RISK MANAGEMENT

EVERYDAY CHALLENGES

The current global environment has resulted in an extremely challenging risk environment.

New risks have been introduced, while existing risks have intensified.

As a result, there is now a critical need for specialist approaches to risk management to enable informed decision making across your organisation.

THE ADEPT ADVISORY SOLUTION

Using our extensive experience, we can assist you in defining innovative solutions for identifying, managing and mitigating, amongst others:

  • Credit Risk
  • Liquidity Risk
  • Market Risk
  • Model Risk Management
  • Non- Financial Risk/ Operational Risk
  • Valuation Governance

Our professionals in risk, management can augment your workforce and adapt our services to your needs.

OUR DELIVERABLES

Our deliverables are tailored to the engagement but could include:

  • Agile Risk Management
  • Risk assessment and impact analysis
  • Risk monitoring through stress testing, scenario planning and gap analysis
  • Design and implementation of frameworks and plans
  • Risk reduction strategies
  • Risk type policy documents
  • Risk messaging and stakeholder communications plans
  • Risk appetite and risk tolerance statements
  • Risk monitoring dashboards
  • Facilitating workshops and training within the organisation

SUSTAINABLE BENEFITS FOR YOUR ORGANISATION

Benefits of managing these risks include:

  • Value driven risk management without eroding competitiveness
  • Transparent and proactive risk identification, mitigation, measurement and reporting
  • Sustainable risk management culture within the organisation
  • Better business performance and risk- based decision making
  • Identification of opportunities
  • Strengthened internal control structure

CREDIT RISK MANAGEMENT

EVERYDAY CHALLENGES

  • Identifying risk in originations SOLUTION and balancing that risk with the need for growth
  • Portfolio management of different credit products highlighting ongoing risks, improving portfolio management processes and looking for portfolio improvements
  • Understanding IFRS 9 and identifying opportunities to manage cost of risk under IFRS 9 requirements
  • Developing stress testing processes to cover more than simple “one-size-fits’ model
  • Identifying and developing opportunities for digitisation and AI processes across the credit process
  • Ensuring credit risk best practice is understood and embedded across the organisation
  • Managing and identifying risk and improvements in the Collections and Recovery environments

THE ADEPT ADVISORY SOLUTION

Adept Advisory can assist in assessing your credit risk processes and identifying potential opportunities for improvement:

  • Assessment of the credit risk governance structures
  • Assessing credit risk skills and culture within the organisation
  • Assist with the review of credit risk reporting and awareness of the impact of credit risk on the organisation’s sustainability
  • Align the credit risk management program to local legislation and global best practice
  • Link the enterprise risk management needs to ethics to allow corporate governance to evolve and to manage ethics as part of the enterprise-wide risk management strategy
  • Independent assurance of the credit risk management structures and processes.
  • Alignment of Enterprise Risk Management Frameworks to ensure group tolerance and reporting levels are accurate at a consolidated level
  • Formal training schedule to be developed to support credit risk management processes across all levels in the organisation
  • Act as ongoing sound board / thought leader to your credit risk community for insights, research and development and training

OUR DELIVERABLES

Our deliverables are tailored to the individual engagements, but broadly cover:

  • Consultation with the Board, Board Committees, Credit Risk Committee and related committees and members to understand their roles and responsibilities on managing credit risk
  • Leadership engagements on their roles and responsibilities in managing credit risk
  • Gap analysis to assist with the current credit risk processes
  • Develop and enhance the credit risk strategy to capitalise on opportunities and to mitigate credit risks
  • Review, development and alignment of credit risk frameworks and credit related policies
  • Assist with the implementation of credit risk understanding by providing training, communication methods and enhanced reporting mechanisms
  • Provide advice on the monitoring and reporting of credit risks in the various reporting packs
  • Assist Internal Audit functions with tools, methodology/ies, frameworks, risk and control matrices on the adequacy and effectiveness of the credit risk processes, skills and awareness across the organisation

SUSTAINABLE BENEFITS FOR YOUR ORGANISATION

  • Mature Credit Risk Management program that is quick to identify risk
  • Leadership would be equipped to drive and sustain the desired credit risk management culture
  • Clear picture of credit risk that could put your organisation at risk
  • Credit risk performance measures updated or amended, and thus overall performance of the organization increased
  • Improve the reputation of the organisation with stakeholders as a trusted business with a set of high credit risk management standards
  • Be a leader in credit risk management and develop best practices in credit risk management