RISK MANAGER FOR HIRE


According to the Swedish Financial Supervisor, all financial institutions should have an independent function for overall risk control. This function – risk management - is responsible for overseeing all of the risks challenging a financial institution and informing the management team and board of directors of those risks.

Risk Management includes the following:
- Identify and handle the risks substantial for the company.
- Create and implement risk framework with policies, instructions and routines.
- Independent risk reporting to management and board.
- Support the organisationen concerning risk and questions concerning capital.
- Risk modelling and risk evaluation.

Depending on the nature and size of a financial institution, risk management can be organised in different ways.

For institutions needing to gain independence, strengthen their risk management, or reallocate employee resources, we will perform the following risk management functions for you:

- Identify, measure and mitigate all exposure of potential loss, for example market risk, credit risk, operational risk and so called pillar II risks (reputation risk, concentration risk, strategic risk etc).
- Implement (and in some cases even develop) an Internal Capital Adequacy Assessment Process (ICAAP) where both risk and capital aspects are taken into consideration.
- Implement (and in some cases create) Risk Management policies for the company.
- Deliver risk reports to the Board of Directors and management.

Methodology