Risk Management Consulting

Establishing a Risk
Management Framework

Quadrant can advise upon and help create an overall risk policy and framework covering all risk types including Credit Risk, Market Risk and Operational Risk. We work at board level and with the leaders of individual business lines to ensure that effective risk management is at the heart of the way the organisation operates.

Specific areas where we can help cover:

  • Formulation of risk strategy and risk appetite in accordance with the corporate mission statement
  • Design of risk policies and processes taking into account best practice and regulatory regimes including Basel II in Banking, Solvency II in Insurance, Sarbanes-Oxley and others
  • Specification of an integrated risk measurement, management and review framework across businesses
  • Procedures for pricing and hedging risk
  • Economic and regulatory capital planning including Stress and Scenario Testing and preparation of the  ICAAP (Internal Capital Adequacy Assessment Process)
  • Organisation structure, including roles and responsibilities, and identification of training needs and delivery
  • Risk information architecture to ensure that data on all risk types are collected, consolidated and monitored in a consistent way in accordance with agreed strategy and the regulatory environment.
  • Continuous Assurance for management. The philosophy underlying Quadrant’s solution is that effective, ongoing governance can only occur as and when the relevant policies, processes and systems are supported by management information geared specifically to that end, and where the detailed data supporting the management information can be readily evidenced in a manner that would enable managers to take swift corrective actions where appropriate.  ****** Is this in the right place ***

 

Featured White Paper

Thinking the Unthinkable
Simon Baker considers the question of Stress and Scenario Testing in light of the publication by the UK’s Financial Services Authority of Consultation Paper 08/24 on the subject in December 2008.

Featured White Paper

Sources of Complexity in Risk Data
Risk data is not a minimalist by-product of an attempt to enable calculation of capital for regulatory requirements, but is the central enabling core of an organisation’s ability to achieve competitive advantage through dynamic analysis and management of its own risk portfolios.