assurance risk management services
We support organizations in building and enhancing risk management frameworks that align with their strategy, regulatory environment and operational realities. Our services cover advisory design and assurance validation across enterprise-wide risk, operational risk, banking-specific risks and capital adequacy processes.
ِAssurance Enterprise Risk Management (ERM)
ERM Assurance Services
- Evaluation of ERM framework maturity and integration across departments
- Review of risk appetite effectiveness in decision-making and reporting
- Validation of risk register completeness and alignment with objectives
- Testing the effectiveness of risk identification and mitigation controls
- Assessment of risk culture and governance practices
ORM Assurance Services
- Review of ORM framework implementation and consistency across departments
- Assessment of CRSA process effectiveness and reporting quality
- Evaluation of incident management and resolution protocols
- Testing of KRI monitoring, threshold breaches and escalation processes
- Audit of loss event tracking and lessons-learned integration
- Bank-Specific Risks
Bank Specific Risk Assurance Services
- Evaluation of the adequacy and implementation of Credit, Market and Liquidity Risk policies and suitability of existing risk models
- Independent validation of control effectiveness and regulatory alignment
- Audit of governance structures supporting risk-taking decisions
- Assess the design and implementation of the existing ICAAP framework to ensure alignment with regulatory expectations and internal risk strategy.
- Evaluate the effectiveness and completeness of the current ICAAP document.
- Test the integrity of the capital planning process, including validation of risk measurement models used to determine capital requirements.
