ENTERPRISE RISK MANAGEMENT, FRAUD RISK, GRC SOLUTION, KRIS, OPERATIONAL RISK TRAINING SUITE, RISK APPETITE, RISK CULTURE, RISK MANAGEMENT, RISK REPORTING, RISK SCALES, SCENARIO QUANTIFICATION

RCSA and ACTION PLANS

Design and Training on a Risk and Control Self Assessment questionnaires adapted to the nature and size of the client, a fast-growing online retail credit provider, leading to relevant action plans when needed. 2016 Q3

We also provide assistance in the development of a consistent and effective operational risk management framework for this young and growing fintech firm. We assist them in the writing of their OR framework and policy documentation.

 

Team of 5 working on this project:

  • one project lead (Ariane Chapelle)
  • one training specialist
  • two interns (UCL students)
  • one technical author (for policy writing and editing)

 

Tasks and Deliverables:

  • 12 days of training, split into 3 modules, repeated 4 times each to involve all business lines and functions:
    • Module 1: risk identification and RCSA questionnaire
    • Module 2: feedback on response to questionnaire, risks and controls assessments
    • Module 3: actions plans and mitigation of excessive risks
  • Report writing on findings and risk management priorities for the business
  • Advisory on framework design, risk governance and development of the risk culture
  • Writing of Operational risk management framework document and policy
Category

KRIs, Operational Risk Training Suite, Risk Appetite, Risk Culture, Risk Management, Risk Reporting