Operational Risk Management Framework
We were engaged by a UK Asset Manager to assess their risk framework and to design and build an operational risk and control framework.
How we helped our client
- Performed a detailed review of the client’s risk framework
- Formulated and implemented an operational strategy to support the client’s business and investment processes
- Managed the design and development of an operational risk and control framework to support risk and controls self assessment and management of key risk indicators
How the client benefited
- Identified and agreed a series of improvements that would significantly enhance the client’s operational risk management processes
- Provided the client with a robust risk and control self assessment process and incident management process embedded within a clear operational risk framework
- Transformation of operational risk practices to be in-line with industry best practice
