LET’S GROW YOUR BUSINESS
The need for an adequate and appropriate
operational risk management framework has become increasingly important in the reality of today’s greater regulatory requirements
Operational Risk
The need for an adequate and appropriate operational risk management framework has become increasingly important in the reality of today’s greater regulatory requirements
At Op Risk Advisory, we differentiate our engagements by working closely alongside each client to understand in detail their individual needs. This ensures that our specialist advisors are able to deliver precise solutions of the highest quality, enabling our clients to see significant business benefits:
Op Risk Advisory can help you in all of the six main processes of operational risk.
Governance
We have worked with major institutions in PNG to develop concise and yet unique operational risk policies, frameworks, terms of reference and timelines consistent with your risk appetite
Risk and control assessment
We have assisted a wide variety of companies in identifying the risks to which they are subject and then identifying relevant controls
Losses
Loss causal analysis is an invaluable challenge to and validation of the subjective risk and control assessment identification
KRIs
We have advised a number of firms in simple straightforward identification, capture and analysis of the metrics of key risks (and controls) leading to the validation of the risk and control assessments
Modelling
We have used a mathematical model (which is AMA Basel compliant) to add considerable value to the business by providing challenge to the risk and control assessments, by clearly determining the cost benefit of controls and by enabling capital allocation by business line
Reporting
We have worked with institutions to provide them with coherent and yet short reports via Risk Dashboards that enable clear decisions to be made regarding the organisation's risk exposure