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RISK MANAGEMENT



Business is about risk-taking, while effectively managing same, to achieve the desired goals and preserve the firm’s capital.

In this regard, our Risk & Basel II Centre comprises a highly experienced team of local and international risk experts with hands-on industry experience, providing customized risk management solutions to our clients in the following areas.


  • BASEL II/III CONSULTING
  • ENTERPRISE-WIDE RISK MANAGEMENT (ERM)
  • RISK ANALYTICS AND MODELING
  • RISK MANAGEMENT AUTOMATION
  • INTEGRATED RISK PROFILING
  • RISK-BASED INTERNAL AUDIT
  • TREASURY MANAGEMENT
  • ASSET & LIABILITY MANAGEMENT
  • SOLVENCY II
BASEL II/III CONSULTING

We provide a complete end-to-end Basel-II solution across all three pillars. We provide tailor-made solutions for Credit Risk, Operational Risk and Market Risk, as well as risk analytics including scorecard development.
Our services cover:

  • Basel II Gap Analysis covering Data, Process, IT and people
  • Basel II Implementation Roadmap creation
  • Designing/amendment of Policies, Processes and Procedures
  • Software implementation for Credit, Operational and Market Risk in conjunction with our global partners
  • Credit Analytics – development of scorecard models, testing and validation for IRB approaches
  • Retail pooling for IRB approach
  • Data Assembly, Mining and Warehousing
  • Operational Risk Management Solutions
  • Pillar 2 solutions – ICAAP
  • Pillar 2 solutions – Concentration Risk, Interest Rate Risk, Counterparty Credit Risk, etc.
  • Pillar 3 solutions – design and development of regulatory reports
  • Enhancement of source systems
  • Single customer view across products
  • Risk dashboard as a decision making tool
  • Risk heat map to identify key areas requiring focus
ENTERPRISE-WIDE RISK MANAGEMENT (ERM)

Enterprise-Wide Risk Management (ERM) involves the development of an integrated approach for the effective management of the risks faced by any single or group of financial or non-financial institutions that could impair the achievement of set goals and objectives.
At H. Pierson Associates, we provide complete end-to-end solutions in:

  • Business Risk Profile Appreciation
  • Current Risk Management Framework and Practices Evaluation vis-a-vis Best Practices/Best-fit
  • Risk Management Staff Assessment
  • ERM Framework Re-design
  • Implementation Roadmap Development
  • Development of risk-based audit MIS
  • Development of risk-based audit efficacy plan
  • Internal audit function review and enhancement
RISK ANALYTICS AND MODELING

Appropriate business decision-making today by bankers, requires more than judgemental analysis. It requires managers to evolve quantitative and statistical approaches which help to better predict possible outcomes based on a given set of parameters. This often assists in providing a good measure of performance and ensures quality business decisions.
Our risk analytics and modeling offerings include both consulting and software implementation in conjunction with our global partners, in the following areas:

  • Retail Credit Scorecards Application, Behavioural and Collection
  • Corporate & SME Credit Risk Models
  • Operational Risk Models
  • Model Validation and testing
  • LGD, EAD modeling
  • Data Assembly, Mining and Warehousing
RISK MANAGEMENT AUTOMATION
INTEGRATED RISK PROFILING

Our solution here provides you with the requisite bank-wide risk profiling required under the Risk-Based Supervision Model of the Central Bank and related best practices. In this regard, using our proprietary tool, we are able to evaluate and measure the level of risk inherent across all significant activities in your firm, as well as the direction of such risks – increasing, decreasing or static.

This is also reported against the levels of controls across the firm to provide a net risk position in each significant activity and on a firm-wide basis. The resulting dashboard is fundamental for management use ahead of regulatory visits, as well as serves as a unique tool for risk-based internal audit and executive risk strategy decision-making.

RISK-BASED INTERNAL AUDIT

There is need for financial institutions to effect a paradigm shift in the internal audit function and process from the traditional approach to a risk-focused approach. This approach focuses on risk profiling and prioritization of audit areas and the subsequent allocation of audit resources with a view to making internal audit a more value-adding function.
Our solution to achieve this includes:

  • The creation of an audit mission, policies, charter and plan
  • Conceptualisation and design of the risk-based audit model
  • Linking key risk indicators to the risk-based audit model
  • Development of a practical audit format
  • Staffing model and ownership structure
  • Development of risk-based audit MIS
  • Development of risk-based audit efficacy plan
  • Internal audit function review and enhancement
TREASURY MANAGEMENT
ASSET & LIABILITY MANAGEMENT
SOLVENCY II

SOLVENCY II – Global Regulatory Risks Compliance for Insurance Industry

 

We provide a complete end-to-end Solvency II solution across all three pillars: Minimum Capital Requirements; Supervisory Review and Market Discipline. This covers:

  • Gap Analysis covering Data, Process, IT and people.
  • Implementation Roadmap
  • Designing/amendment of Policies, Processes and Procedures.
  • Software implementation [with our global partners].
  • DataAssembly,MiningandWarehousin
  • Pillar1 Underwriting risk for life and non-life, default risk, market risk, health risk, etc.
  • Pillar 2 solutionsORSA (Own-Risk Self-assessment same as ICAAP).
  • Pillar3 solutions – Design and development of regulatory repor
  • Enhancement of source systems Single dashboard as a decision making too
  • Risk heat map to identify key are as requiring focus

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About Us

H. Pierson Associates, is a boutique consulting firm with over 60 seasoned professionals with varied experiences in both the private and public sectors.