Non-Financial Risk
Non-financial risk, arranged end to end
For financial institutions whose risk function works in silos. Senior risk, compliance and change consultants align the processes, roles and handovers across your three lines of defence.
Getting in control is the first step
Regulatory change, compliance requirements and social expectations keep moving. Weak oversight of operations, processes or data shows up in reporting quality, in public perception, and then in the numbers.
Chaos to compliance
We turn compliance from a task that has to be done into an asset that creates value. From maintenance to intelligent advantage.
Oversight shows up in the data
Fail to oversee operations, processes or data and data quality drops. Reporting capability drops with it. The financial impact follows the reputational one.
We know how institutions run
A sound understanding of the way financial institutions operate tells us where the strategic change has to land, and in what order.
Arrange the risk function end to end
The three lines of defence model is how most risk functions are built. It is also where oversight most often goes missing.
Start from the model
The European Confederation of Institutes of Internal Auditing created the foundation for the three lines of defence. It is still the basis for good corporate governance and risk oversight.
Find the silos
Each line is commonly organised as a column, efficient inside its own silo. Oversight goes missing in the misalignment and the incomplete view of roles and responsibilities.
Align the handovers
Processes, roles and responsibilities, handover moments and governance, formally aligned across all three lines.
Embed, then automate
The risk function then identifies, assesses and processes every relevant risk type, regulatory risk included. Automation reduces human error and reduces loss.
Specific services
Two practices, each with named deliverables.
Compliance Optimisation
Our consultants are seasoned risk, compliance and change management professionals who have implemented regulations themselves. Working with us pays off in four places.
Integrated impact
You see what a new regulatory requirement does across the whole institution, not one article at a time.
Processes that hold
Appropriate processes, policies and procedures, implemented in the business rather than written next to it.
Policy design and review
We design policies and procedures, and we assess the ones you already have.
Oversight of the regulatory agenda
One view of what is coming for the institution, who owns it, and when it lands.
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Let us take you further
Schedule a 30 min call. No slide decks. Just a practical assessment of your needs and how we can help.