riskpro brief introduction
TRANSCRIPT
1
Risk Management Advisory & Consulting
Riskpro, India
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3
Riskpro’s Network Presence
New Delhi
Mumbai
Bangalore
Ahmedabad
Pune
Agra
Salem
Kolkata
Hyderabad
Chennai
Jaipur
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Who is Riskpro… Why us?
ABOUT US
Riskpro is an organisation of member firms around India devoted to client service excellence. Member firms offer wide range of services in the field of risk management.
Currently it has offices in three major cities Mumbai, Delhi and Bangalore and alliances in other cities.
Managed by experienced professionals with experiences spanning various industries.
MISSION
Provide integrated risk management
consulting services to mid-large sized corporate /financial institutions in India
Be the preferred service provider for complete Governance, Risk and Compliance (GRC) solutions.
VALUE PROPOSITION
You get quality advisory, normally delivered by large consulting firms, at fee levels charged by independent & small firms
High quality deliverables
Multi-skilled & multi-disciplined organisation.
Timely completion of any task
Affordable alternative to large firms
DIFFERENTIATORS
Risk Management is our main focus
Over 200 years of cumulative experience
Hybrid Delivery model
Ability to take on large and complex projects due to delivery capabilities
We Hold hands, not shake hands.
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Governance, Risk and Compliance (GRC)– Need of today
• Increasing complexity in the regulatory and compliance requirements
• Global reach of companies and related compliance issues
• HITECH- Health industry, Solvency II-Insurance
Global regulatory Driven
• All Listed companies required to comply with SEBI
• Regulatory intervention in role of Independent Directors
• Investors expectations and protection
Compliance
Eg. Clause 49
• Stepping stone to Enterprise Risk Management
• Competitive Pressures
• Manage internal scams and external frauds
• Quality conscious
Best Practices
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Risk Management Advisory Services
Training Recruitment
Basel II/III Advisory Market Risk
Credit Risk
Operational Risk
ICAAP
Corporate Risks Enterprise Risk Assessment
Fraud Risk
Risk based Internal Audit
Operations Risk
Forensic services
IT Risk Advisory IS Audit
IT Service Management
IT Assurance
IT Governance
Operational Risk Process reviews
Policy/ Process Review
Process Improvement
Compliance Risk
Insurance Risk
Governance Corporate Governance
Business Strategic risk
Fraud Risk
Forensic Accounting
Other Risks Business/Strategic Risk
Reputation Risk
Outsourcing Risk
Contractual Risk
Banking – E Learning
Corporate Training
Regular Risk Management Training
Online Training material
Workshops / Events
AML-KYC/ ISO standards- 31000
Independent Directors for Corporates
Virtual Risk Managers
Full Time Risk Professionals
Part time Risk Professionals
Risk Managers on call – free
S E
R V
I C
E S
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Risk Management Offering – BFSI + Basel / Technology
Market Risk Credit Risk Operational Risk GRC/ ERM
Consulting
Advisory
Technology
Solutions
Basel II
Advisory
Training
Recruitment
Data
Management
& Analytics
Audit and
Assurance
Market Risk
Framework
ALM / FTP
Framework
System Testing, UAT Support, Internal Parallel Run, External Parallel Run
Risk Measures Modeling, Metrics, Model Validation, Stress Testing, Back Testing
Policies and procedures, Current State Assessment, Target State Roadmap, Gap
Analysis, Risk Business Architecture Development and Review
Training, Risk Recruitment, Placement of Contract consultants
Info Risk Mgmt,
Fraud, Forensic
Basel II Validation and Benchmarking advisory.
Standard Data Interfaces, Risk Data Warehouse, Data Marts, Data Sourcing, Data
Validation and Transformation, Reconciliation
PD Model for
Corporate /Retail
Policies -RCSA,
KRIs, Dashboards
Integration Approach for
ORM, Audit & Compliance
Basel II Implementation including Pillar II-ICAAP
LGD Modeling
& validation
AML/Regulatory
Compliance
AMA
Modeling
ERM, Corporate
Governance, Risk
Appetite
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Risk Management Trainings – Three Delivery Methods
Onsite- Instructor Led Online- Web based Webinars
Corporate Institutional trainings
for senior management with
strategic interest areas
Classroom trainings for junior/
mid level executives
Delivered by knowledgeable
experts across industry
domains
Multi city delivery capability for
training to large audience
Suitable for frontline staff for
induction and onboarding
requirements
Delivered live by experts
providing topic outline
framework
Low cost model at regular
intervals or fixed duration e-
learning platform
Interactive webinars on hot
topics or customized areas for
global access audience
Complimentary or Recorded
versions for self paced re-cap
and reference
On demand services with select
topics
Conducted by industry experts
with Q&A session
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Our Recruitment services
Full Time Staffing
Riskpro is constantly building its network of Risk Professionals across India
Today, we can help you hire risk professionals at all levels of experience
We differentiate from other recruitment firms, because, as Risk Managers ourselves, we
are able to better match your requirements and candidate experience
Our charge out rates are competitive
Slab rates. As we do more business with you, the rates come down.
Temporary Staffing - The Project Team
Pool of highly qualified staff with deep risk expertise
Available for your short to medium term needs
Varying levels of professionals available. Experience starting from 4 years to 20 years. All will have CA, ICWA or equivalent qualification.
The Project employees pool will be available as per your needs and the employees on site can start/stop projects as per your master project plan.
RECRUITMENT
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Risk Based Internal Audit How we Do
Transaction
Audit
Control
Reviews
Process
Reviews
Risk
Assessment
Fraud
Mitigation
Enterprise Risk
Assessment
Increasing Enterprise Risk Focus
Need
of
Org
an
izati
on
s
Internal Auditing helps an organization
accomplish its objectives by bringing a
systematic, disciplined approach to evaluate
and improve the effectiveness of risk
management, control and governance
processes. Source: The Institute of Internal Auditors 1999 (IIA)
Benefits of Risk based Audit
• Traditional audit view value added
techniques
•Risk profile of Businesses
•Internal Controls & Ops Risk reviews
•Cost reductions recommendations
•Review of Fraud Risk Controls
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Our Solution for Fraud Investigation
Based on our understanding of your requirements, we have customized a package of our solution offerings to meet your needs.
To detect and prevent fraud
and evaluate Code Of
Conduct Compliance on
following parameters :
Fraud Detection
Fraudulent Vendor
Recruiting new dealers, suppliers, franchisees or distributors
Anti-Fraud Measures
Monitoring Compliance and Authorization
Workplace Practice
Background check for employees
Background check for customers
Prevent default of high value bills
Our Solution For you
Analyze
Investigate
Resolve
Understanding Your Supply
Chain
To Monitor Your Process
Evaluating your need
Source Root cause of Problem
Obtaining And securing Evidence
Confidential Interviews
with vendors
Prioritize solutions and
remedial measures
Quantify Loss and Suggest
possible Actions
Solve Compliances
Issues
Benefits To You
Protects you from any
Monetary or Reputation
damage
Code of conduct
establishment
Enables you to identify
risks / control gaps
Helps you identify any
undisclosed production
Risk Mitigation
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Enterprise Risk Management (ERM) - Methodology
1 Foundation 2 RISK IDENTIFICATION
•ERM vision
•Goals and objectives
•Policies
•Organization structure
•Alignment to strategies
•Risk Assessment
•Gap Analysis
•Risk Mapping
3 BASIC ERM
Foundation
•FOUNDATION TASKS
•RISK ASSESSMENT TASKS
•Risk Mgmt for 2-3 critical risks
•Evaluate existing RM structures
•Enhanced management reports
•Dashboards
•Monitoring tools
•Risk based Communication
4 ENHANCED ERM
Foundation
•Foundation Tasks
•RISK Identification •Enhanced Framework
Risk Identification Risk Identification
You select the level and size
of ERM efforts to suit your
needs and budget.
How we Do
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Legal Risk Advisory Services How we do
Completion:
Board & Shareholder Resolutions
Statutory filings
Monitoring Compliance with Agreements
Structuring:
Determine the tax efficient & legal compliant structure for grants and funds
Market Entry Strategy
Instruments for the implementation of the agreed terms
Due Diligence:
Investor’s Perspective
Risk Assessment
Legal& commercial affairs of the company
Documentation:
Term Sheet
Agreements
Legal Advisory and Opinion
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IT Risk Advisory Service
Information Technology
Service Management
Information Security
Management
Information Security
Audit
Information Technology Assurance
Information Technology Governance
How We Do
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IT Governance Offerings How we Do
IT ASSURANCE
• Business Continuity Planning
• Computer Crime Investigations
• Training in IT
• Compliance with IS Policies &
Procedures
INFORMATION SECURITY
• Penetration Testing
• Application Systems - Security review
• Review of IS Controls
• BS 7799 / (ISO 27001) Implémentation
• Formation of IS Security Policy
• Compliance with IS Policies & Procedures
IT GOVERNANCE
• COBIT
• Val IT
• Balanced Scorecard
• IT & Business Maturity Models
IS AUDIT • Operating Systems Audit
• Database Audit
• Networking Audit
• Firewall Audit
• IDS Audit
• Web Application, Data Center Audit
• Internet Banking, Core Banking Audit
• Performance & Forensic Auditing
• Application Systems - Functional review
• Compliance with IS Policies & Procedures
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Riskpro Clients Our Clients
*Any trademarks or logos used throughout this presentation are the property of their respective owners
Banking/
Insurance
Corporate
MNC
Banking
Intl
Consulting
IT / Others
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Team Experiences Our Experiences
*Any trademarks or logos used throughout this presentation are the property of their respective owners
Our team members have worked at world class Companies
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RESUMES – Our team
Co-Founder - Riskpro
CA, CPA, MBA-Finance (USA), FRM (GARP)
Over 10 years international experience – 6 years in Bahrain and 4 years USA
15 years exp in risk management consulting and internal audits, Specialization in Operational Risk, Basel II, Sox and Control design
Worked for Ernst & Young (Bahrain), Arab Investment Company (Bahrain), Navigant Consulting(USA), Kotak Mahindra Bank (India) and Credit Suisse(India)
Sox Compliance project for Fannie Mae, USA ( $900+ Billion Mortgage Company)
Ma
no
j Jain
Co- Founder - Riskpro
CA (India), MBA (Netherlands), CIA (USA)
Over 15 years of extensive internal and external audit experience in India and abroad.
Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young Kuwait, Deloitte Netherlands and KPMG India.
Worked with clients in a wide variety of industries and countries including trading, retail and consumer goods, NGO, manufacturing and banking and finance. Major clients include banks, investment companies, manufacturing organizations, aviation etc.
Rah
ul B
ha
n
Credentials
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RESUMES - Our team
Co-Founder and Director - Riskpro
PGD (Electrical & Electronics & Computer Programming)
30 years of experience in Information & Communications Technology (ICT) Solutions for Retail, Garments, Manufacturing, Services Industries.
Has created Companies, Divisions, Products, Brands, Teams & Markets.
Consulting in Business, Technology, Marketing & Sales & Strategic Planning.
Advisory, Training, Workshops & Implementation in Systems Thinking, Systems Modeling & Balanced Scorecard
Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,
Casp
er A
bra
ha
m
Credentials
Director
MBA, PDFM,NSE-NCFM, PMP, CSSGB,ISO 9001:2000 I.A,GARP-FBR, ITILV3,CPP-BPM
Professional with 17 years of rich experience into diverse Consumer finance/ Lending operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting & Housing finance in BFSI industry having successfully led key business strategic engagements across multi-product environment in APAC, Australia and US regions.
Worked with GE, ABN AMRO Bank, Citigroup, Accenture, Deutsche Postbank
Highly skilled and expert Trainer in Risk areas across Credit, Fraud, Operational, Corporate Risk management.
Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance.
Hem
an
t S
eig
ell
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RESUMES – Our Team
Executive Vice President - Riskpro
Banking and Risk Management professional, M.com, CAIIB, ACMA
29 years of Banking experience - Credit management, Branch and operations management and Risk Management in India and Middle East
Past 10+ years experience in Risk Management – setting up enterprise wide risk management frame work, managing risks, implementing Basel 2 requirements
Most recent employment with TAIB Bank, Bahrain, as Chief Risk Officer. TAIB Bank is a leading bank based in Bahrain having multinational operations in Kazakhstan, Turkey, UAE and India. Before TAIB, 6 years in senior position in risk management in Al Ahli Bank of Kuwait
Pra
san
na R
ath
Credentials
Senior Advisor – Basel II & Banking
Ex- Head of Integrated Risk Management department at Bank of Maharashtra
Responsible for implementation of Risk management guidelines issued by RBI from time to time on Credit risk, Market Risk and Operational risk and reporting regularly to Risk Management Committee of the Board and Board of Directors.
Put in place all policies relating to Risk Management, ALM Policy, ICAAP Policy; Stress Testing Policy, Business Continuity Planning Policy, Outsourcing Policy.
Validated Credit Risk Rating and put in place techniques for identifying and measuring of Pillar 2 risks such as concentration risk, Liquidity risk, IRRBB, Earnings risk, strategic risk etc.
R. M
ura
lidh
ara
n
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RESUMES - Our team
Head – Taxation Risk Advisory
B.Com, FCA
Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra and Mehrotra
Over 19 years of experience in the field of Audit, Taxation, Company law matters.
Major clients served are NTPC, BHEL, Bank of India, PNB, Airport Authority of India etc.
Raje
sh
Jha
lan
i Credentials
President – Banking & Financial Services
A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics), CWA, CAIIB
Combined experience of 25+ years in corporate banking, risk management, international trade finance, development of risk rating models, project finance, credit monitoring and NPA management
Since 2006 conducting open / in-house training on the above domains to all Top public/ new and old private sector banks, top MNC banks (India and abroad), leading NBFCs and corporates in manufacturing and financial services space; Worked on IFC (World Bank) funded projects for MSMEs in India and abroad
Worked for Bank of Baroda and ICICI Bank – bestowed Top Performer Award continuously two years during his tenure; widely travelled abroad for business relations, seminars, offering training, investor meetings, NYSE listing and for processes involving establishment of representative Office in USA
Siv
ara
ma
krishn
an
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Executive Vice President – Risk Management ( Banking & Financial Services)
A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable domestic and international experience
An aggregate experience of 24+ years across industry, mainly BFSI in several functional areas including Retail and Commercial Banking, Corporate Lending, team member of the Business Process Re-Engineering project (BPR); conceptualizing and setting up shared services centres for centralized operations for the Bank in India.
Management through ERM framework overseeing all key areas of the business through various Operational Risk tools like KRI / RCSA matrices. Managing of major project implementation of Basel II and Compliance risk framework
Directing, reviewing and advising Board of Directors on various compliance issues and representing the bank to the Central Bank regulatory offices.
Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai Holdings ( subsidiary)
Ka
shi B
an
erjee
RESUMES - Our team Credentials
Consultant – Information Security & IT Governance
LLB, CA, CISA, CWA, CS, CFE and others
Over 15 years of experience in the field of Audit, Taxation, Investigations.
Specializing in the field of Systems Audit, Cybrex Audit, Computer Crime Investigations, IS Forensics
International Committee Member of Governmental and Regulatory Agencies Board and Academic Relations Committee of ISACA, USA
An
jay A
ga
rwa
l
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RESUMES - Our team Credentials P
ha
nin
dra
Pra
ka
sh
Vice President – Riskpro India
FCA [India], ACMA [India], CFE [USA], CertIFRS [UK]
Over 16 years of extensive consulting experience which includes financial & systems audit, process transformation, implementation of internal controls, SOX compliance, fraud audits & due diligence, US-India taxation
Engaged in consulting roles as trusted advisor to finance, internal audit and information technology executives of multiple Fortune 1000 companies with project sites in US, Canada, Europe & Asia
Worked with E&Y and Deloitte Consulting in USA
Some of the major clients served internationally are GE Capital, UBS, McKesson, Eaton, Imation, Albertsons
Sh
rira
m G
okte
EVP - Risk Management
BTech MBA (USA)
22 years of work experience, 16 of which were in risk management domain, 11 years of global experience in USA & UK
Ex Chief Risk Officer of Birla Sun Life Insurance & CMS Info System .
Managed Risk & Compliance for two UK based insurance KPOs (Paternoster India & JLT India)
Core expertise in ERM, Capital Valuation, Operational Risk, Information Security, BCM, Governance & Internal Audit
CISA, CIA, CMA, FLMI, MBCI qualified
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Executive Vice President – Risk Management ( Banking & Financial Services)
Professional Risk Manager with considerable domestic and international experience
An aggregate experience of 30 + years across industry, mainly Banking in several functional areas including Wholesale Credit Risk, Operational Risk, Trade Finance , Retail Banking and Islamic Financial Services.
Track record of setting up of excellence in the set-up, and management of credit and operational risk, compliance and credit administration functions in retail, commercial , Islamic Banking and offshore banking entities in the Middle East.
Key strength includes Corporate Credits, Risk Management in IT, implementation of Risk Management module in core banking Bank’s Policies, procedures, Country Risk. Played an active role in 3 core banking software implementations
Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat Bahrain and BMI Bank Bahrain as AGM Risk Management.
Vija
ya
n G
ovin
da
raja
n
RESUMES - Our team Credentials
Specialist Risk Consultant – ERP & IT Compliance
SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access Controls trained (from SAP India)
Over 7 years of experience working in the area of ERP/IT Risk advisory, primarily focusing on SAP, for ‘Fortune 500’ clients in around 8 countries including US, UK, UAE, Hong Kong, etc
Specializes in SAP Risk & Controls Advisory, SAP Business Process Controls Audit, SAP Security & Segregation of Duties Control Audit, ERP Trainings,
Strong Industry experiences ranging from Beverages, Insurance, Energy, FMCG, Pharmaceutical, Retail, Telecommunication to IT Services
Worked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services
Go
ura
v L
ad
ha
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RESUMES - Our team Credentials
Vice President & Head – IT Risk Advisory
Over 14+ Years of Experience in Information Security and Risk Management & CISM certified
Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide at Bangalore for 9 years, previously worked at organization like Wipro, Bangalore Labs
Multi-sector experience including Banking, Insurance, Finance, Energy, Manufacturing, Retail, Hi-Tech & Telecom, and Automobile
Well known Ethical hacker: Was featured in BusinessWorld Magazine in an article about leading ethical hackers in India and published several articles in Print and Online Media
Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, Joint Ventures across several countries in the world including US, UK, China, Germany
Aa
shis
h S
hriva
sta
v
Ravik
ira
n B
ha
nd
ari
Vice President – Legal Risk Advisory
B.B.A. LL.B. (Hons.)
About half a decade experience in legal services to client’s with respect to Contract and Commercial Laws, Joint Ventures, Inbound & Outbound Investments, Private Equity Investment Transactions, Real Estate & Infrastructure, Energy and General Corporate.
Have advised various social enterprises and start ups in setting up business in India.
Worked for the leading law firms of India such as FoxMandal Little.
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Specialist Risk Consultant – Business Continuity
Founder and 15-year Chairman of Survive, the first international user group for Business Continuity professionals
Founding director and first Fellow of the Business Continuity Institute
Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, and Business Continuity and ICT Disaster Recovery Management
Multi-sector experience including Banking, Insurance, Finance, Oil, Gas, Energy, Manufacturing, Retail, Hi-Tech & Telecom
Western Press Award for services to business, 1994; BCI/CIR nomination for lifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine, 2004, Washington DC.
Andre
w H
iles
RESUMES - PARTNERSHIPS
Specialist Risk Consultant – Enterprise Risk Management
Highly skilled risk and insurance professional with 25 years of experience designing, developing and implementing large, global corporate risk management programs for Fortune 500 firms.
Principal Consultant and Founder - Excellence in Risk Management, LLC. (Texas, USA) Co-founder and EVP, Professional Services, rPM3 Solutions, LLC (Maryland, USA).
Past experiences include Head of Global Risk Management for USAA, PepsiCo/Tricon Global and American National Red Cross
Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty Mutual Insurance Co.
2004 Risk Manager of the Year – 2007 recipient of the Alexander Hamilton Award for “Excellence in ERM” (at USAA) – former President, Risk and Insurance Management Society, Inc.
Ch
ris E
. M
and
el
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Key Contacts Corporate Mumbai Delhi Bangalore
Riskpro India Ventures (P)
Limited
www.riskpro.in
F 186, Sarita Vihar
New Delhi 110076
Manoj Jain Director
M- 98337 67114
Shriram Gokte
EVP - Risk Management
M- 98209 94063
Sivaramakrishnan President – Banking & FS
M- 98690 19311
Rahul Bhan Director
M- 99680 05042
Hemant Seigell SVP – Risk Management
M- 99536 97905
Casper Abraham Director
M- 98450 61870
Vijayan Govindarajan EVP – Risk Management
M- 99166 63652 [email protected]
Ravikiran Bhandari VP – IT
Risk Advisory M- 99001 69562
Ghaziabad / Noida Chennai Kolkata Gurgaon
Siddhartha Ghosh
EVP - Finance M- 9810058072
R Gupta - Insurance Risk M- 98101 07387
R. Muralidharan
EVP – Risk Management
M- 95660 77326
Prasanna Rath
EVP – Risk Management
M- 90940 70458
Kashi Banerjee
EVP – Risk Management
M- 98304 75375
Nilesh Bhatia
Head – Human Capital Mgt.
M- 98182 93434
Asok Sit
EVP – Telecom Risk Advisory
M- 98105 03463
Pune Salem Ahmedabad Hyderabad / Agra
M.L. Jain
Principal – Strategy Risk
M- 98220 11987 [email protected]
Priti Tawari
M- 9011054085 [email protected]
Chandrasekeran
Recruitment franchisee
M – 94435 99132
Manoj Kumar
M – 98983 65320
Maulik Manakiwala M – 98256 40046
Gourav Ladha Sap Risk Advisory
Phanindra Prakash (Hyderabad)
Member Firm
M- 95500 61616
Alok Kumar Agarwal (Agra) Member Firm
M- 99971 65253