In today’s environment, risk identification and mitigation are essential elements of firms’ strategies as they face challenges of economic volatility caused by pandemics, disruption in supply chain, falling commodity prices, rapid technological change, and cyberattacks.
WIR Advisory works with finance and risk management executives of Banks, Family Offices, Fintech and Impact Investment companies and Regulatory bodies. We offer solutions to the challenges presented by current Covid-19 pandemics with respect to business resilience, cyber security and disruptions in supply chains. We work with your teams to establish and implement Risk Governance fit for purpose for your business. We partner with you to incorporate artificial intelligence, data learning and organizational design in front-to-back risk management processes.
We provide mentoring to Independent Board Directors and to Board Risk Committees. We work with the Board Chairman and nominating committee to identify Board members suitable for their business.
Operational Risk Framework
Data Protection Framework
Market / Credit Risk Framework
Treasury Risk Framework
Client Suitability and Best Execution Framework
Client Related Conflicts of Interest
Cyber and Information Security
Board and Executive management responsibilities
Governance Dimensions: Legal Entities, Region Countries, Divisions/Functions, and Group
Responsibilities of Business Divisions and Central Functions
End-to-end completeness and effectiveness
Lines of Defense - roles and responsibilities
Risk Appetite Statement
Qualitative Statements (risk management and control principles, code of conducts and ethics, total rewards principle, risk policies and roles and responsibilities
Capital buffer, solvency, earnings, leverage, liquidity and funding, post stress equity tier Ratio, portfolio and operating limits against concentration risks
Corporate Pillars (e.g. Capital Strength), Principle and Behaviors
Earnings at Risk (95% confidence interval)
Capital at Risk (99% confidence Interval)
Combined (earning and capital) stress testing
Adjusted Performance Measurement