Governance and Risk Management

Solutions

Governance and Risk Management

Internal Governance & Risk Management continue to be top-of-the-agenda considerations for Boards, regulators and other stakeholders. The development and maintenance of appropriate frameworks, policies & procedures is critical in ensuring that the business and risk profiles are managed appropriately.

ICAAP / ILAAP / Recovery Plan

  • Development of core SREP components including the ICAAP, ILAAP and Recovery Plans.
  • Design and development of underpinning frameworks, policies and procedures.
  • SME review and challenge of existing frameworks, processes and documentation.
  • Internal audit reviews of processes and documentation.
  • Board and senior management training,

Internal Governance Evaluations

  • Review and challenge of existing internal governance and risk management frameworks to assess compliance against regulatory requirements, and alignment with supervisory expectations.
  • Documentation and explanation of gaps and areas for improvement; and 
  • Remediation action plan formulation and execution.

Risk Mitigation Programme response design; quality assurance and administration

  • Design and maintenance of Risk Mitigation Programme (RMP) response frameworks, including tracking, monitoring and reporting.
  • SME review and challenge of RMP responses.
  • Governance framework development, including management and Board reporting.

PCF Preparation including training, practice interviews

  • Tailored preparatory support including training and mock interviews.
  • Upstream regulation training.

Internal Audit support incl. technical reviews

  • Review and challenge of existing internal governance, risk management and internal control frameworks, providing assurance over first and second line of defence activities.
  • SME / technical reviews and support, including Internal Audit function training.

Wholesale Conduct Risk Management

  • Development of wholesale risk management frameworks, including policies, processes and procedures.
  • SME review and challenge of existing frameworks, processes and documentation.
  • Internal audit reviews of processes and documentation.
  • Board and senior management training.

Get in Touch

Sean Smith

Sean Smith

Partner - Regulatory Risk

Sean is a partner in the Risk Advisory department of Deloitte where he provides risk, compliance and regulatory advisory services to financial and non-financial institutions. Sean has over 18 years’ f... More

John Kernan

John Kernan

Director - Regulatory Risk

John is a Director in our Risk Advisory practice specialising in prudential regulation. John has worked in international financial services for 16 years and partners with our clients specialising on t... More