Mitigating risk by enhancing strategies and creating value

     

    Risk Management has become indispensable for businesses across the globe. Covid-19 pandemic, increasing cyber-crimes, economic recessions have brought our attention to the importance of risk management. The risks that exist today demand advanced capabilities to measure, manage and respond to them and can no longer be tackled with traditional approaches.

    As businesses and organisations continue to evolve, it is extremely crucial for business leaders to be better prepared to identify and manage risks as and when they emerge. Our team is experienced in managing a diverse spectrum of risk issues and assisting risk management leaders around the world.

    Risk at the centre of all conversations

    Risk management stands as a cornerstone of every organisation’s boardroom agenda and remains the focal point of all discussion.The risks that exist today demand advanced capabilities to measure, manage and respond to them and can no longer be tackled with traditional approaches. 

    • Changing regulatory landscape
    • Process and operational inefficiencies
    • Financial & Treasury risks
    • Disruptive Technologies
    • Risk-driven transformation
    • Frauds and 3rd party misconduct
    • Cyber forensic
    • Corporate Governance
    • Disruption & changing business model
    • Recruitment frauds and false credentials
    • Commercial dispute

    At KPMG in India, we help you rethink risk and compliances, develop strategies and enhance value, opening the doors to vast opportunities. Our 1,500+ risk advisory professionals, led by 55+ partners & directors present across 14 locations across India help clients navigate complex & challenging risk landscapes to achieve long-term, strategic ambitions.

    We work across the risk sphere provide extensive coverage

    Strategic Risks

    Risks related to business concentration, product line diversification, business model, etc.
     

    Growth Risks

    Risks related to quality, products, competition, geo-political, socio-economic, 3rd parties, customer relationship etc.

    Financial Risks

    Profitability risk, financial risks relating to credit risk, liquidity and refinancing risks, treasury and foreign exchange, etc.
     

    Reputation & Ethics Risks

    Risks related to reputation/brand as a result of negative assessment, product liability and recalls, etc.
     

    Technology Risks

    Risks related to emerging IT technologies and innovation, cyber forensics, IT process reviews, IT Governance, Software Asset Management, Contract Management, etc.

    Environment, Health & Safety Risks

    Risks related to safety laws and regulations by government; specific focus on the “Governance aspect” of ESG.

    Regulatory & Compliance Risks

    Regulatory and compliance risk, changes in policies, tax regulations, technical standards and trade policies, infringement of intellectual property.

    Operational Risks

    Risks related to sales & marketing, customer service, people, production, supplier risk, supply chain disruptions, etc.

    How we can help

    Need to strengthen your IT processes?

    • Technology Review
    • IT Risk Due Diligence and IT Internal Audit
    • IT Governance & Risk Management
    • IT Architecture & Infrastructure Reviews
    • Business Systems Controls
    • Dashboard, Analytics & Reporting
    • Data Governance & Assurance
    • Cyber Security
    • IT Attestation
    • Business Continuity Management
    image

    Need to deal with fraud and misconduct?

    • Forensic services
    • Commercial dispute resolution
    • Regulatory compliance
    • Whistle-blowing Reporting and Helpline Solution (‘WRHS’)
    • Pre-employment background screening
    • Corporate intelligence
    • Cyber incident response
    • Fraud risk management
    • Integrity due-diligence
    • Dispute advisory services
    • Anti-bribery and corruption

       
    image

    Need to make sustainability strategy?

    • Sustainability Reporting and Advisory
    • CSR advisory
    • Climate change mitigation strategy
    • EHSS reviews and Due Diligence
    • Ethical sourcing and supply chain reviews
    • Food Safety Advisory
    • Climate Change Adaptation Strategy
    • Climate Finance


       
    image

    Facing manpower issues and challenges?

    • Loan staff
    • Employee background verifications
    • Senior management due-diligence
    • SOP creation and process manuals
    • Employee trainings and seminars on various process and system related topics




       
    image

    Need to align the cost base with falling revenues and manage financial risk?

    • Investigations and funds and asset tracing
    • Software license reviews and compliance
    • Financial risk management
    • Improving risk-adjusted performance
    • Revenue assurance
    image

    Need a growth strategy and need to manage growth?

    • Process and Controls design
    • Intellectual Property Advisory & Monetization
    • Treasury management
    • Foreign exchange and commodity risk management


       
    image

    Need to restructure your business?

    • Risk assessment
    • Finance management
    • Supply chain improvement
    • Optimizing risk-adjusted performance



       
    image

    Need to manage enterprise risks and ensure process controls?

    • Internal audit and financial controls
    • Continuous auditing and monitoring
    • Enterprise risk management



       
    image

    Need to manage your third-party relations?

    • 3rd party due diligence
    • Contract compliance
       
    image

    Facing operational challenges?

    • Process reviews, validation and process reengineering
    • SOPs and process manuals
    image

    Have regulatory requirements?

    • Regulatory compliance
    • Corporate governance advisory
       
    image

    Our Service Lines

    Governance, Risk and Compliance Services (GRCS)

    Helping clients strengthen ‘Governance’, manage ‘Risks’, and ensure ‘Compliance’ to navigate complex business environment

    Forensic Services

    Helping clients protect their business from fraud, misconduct and non-compliance

     

    Financial Risk Management Services

    Helping clients manage financial risks, limit financial exposures and make dynamic risk/return profile driven investments
     

    CFO Advisory

    Helping businesses optimise, standardise, and automate their finance operations

    Forensic Managed Services

    Pre-employment background checks, corporate intelligence, whistle-blower helpline services, vendor screening, KYC and ESG integrity & due diligence

    Our Enabling Pillars

    Regulatory driven and Enterprise Wide Risk Transformation

    Assisting clients improve risk management while also trimming costs

    Unlocking Value with Technology

    Leveraging technology and keeping innovation at the center of everything
     

    Tech Enabled Delivery Centres

    Using next-generation technology to enable effective, efficient and agile delivery of services
     

    Find out more about us


    Advisory

    Advisory works with the world’s leading organisations to create and protect the sustainable value of their business.
     

    Indian businesswoman office adult togetherness.

    International women of risk in India

    A community for women in the risk profession. A network that aims to support and connect women in the risk profession across the globe, both within KPMG‘s network of member firms as well as externally.

    International women of risk in India

    Internal Audit Awareness Month - May

    Manoj Kumar Vijai

    Office Managing Partner - Mumbai & Head - Risk Advisory

    KPMG in India

    This Internal Audit awareness month, it is time to recognise the growing significance of  Internal Audit as a strategic enabler in an era of volatility and transformation. Internal audit is undergoing a profound transformation. With stakeholder expectations growing and emerging risks—from geopolitics, cyber threats to ESG - reshaping the business landscape, the role of internal audit has expanded far beyond traditional assurance.

    The bar for governance and risk management continues to rise, and Internal Audit is central to meeting it with agility, independence, and a deep understanding of the business. Today, it’s about delivering strategic insights, anticipating risks, and enabling resilience. Powered by technology and AI, internal auditors are now equipped to provide sharper foresight, real-time assurance, and greater impact. From identifying gaps to being trusted advisors, internal audit is more relevant than ever - driving integrity, transparency, and value in a rapidly changing world.

    Ritesh Tiwari

    Partner, Head, Governance, Risk & Compliance Services, Head, Board Leadership Center

    KPMG in India

    At its core, Internal Audit is about enabling better decisions, identifying risks before they escalate, and adding value across the organisation. We are partners in performance — not just compliance.

    The role of Internal Audit has evolved – from staring in the rearview mirror to crystal gazing and predictive analytics. No longer simply reviewing processes, Internal Audit now serves as the conscience of the Board and Management, offering insights on strategic matters and emerging risks. Today we are stepping into areas like cyber risks, ESG and fraud – and becoming a key voice in boardroom discussions. 

    Our team is made up of critical thinkers, tech-savvy analysts, and trusted advisors who care deeply about doing the right thing — and doing it well. This month, we are proud to spotlight the work we do, the impact we drive, and the people who make it happen.

    Neeraj Bansal

    Partner and Head India Global

    KPMG in India

    Built on governance
     

    India’s real estate landscape continues to evolve and grow at a healthy pace. From new urban skylines to massive infrastructure rollouts, it’s become one of the key drivers of economic transformation. And as the sector continues to scale, the importance of transparency and accountability becomes more critical.

    Behind high-rises, townships and headline investments, lies a deeper foundation - trust. And that’s where internal audit comes in.

    In real estate, bricks, leases and projects rests on a foundation of governance. Internal audit helps keep that structure sound. We review areas from regulatory compliance to capital project risks and lease accounting. Our job is to protect value. This month, as we bring more attention to internal audit awareness, we recognise the internal audit professionals helping real estate firms stay accountable, compliant and trusted by stakeholders.

    Rajosik Banerjee

    Partner and Deputy Head, Risk Advisory and Head Financial Risk Management

    KPMG in India

    In today’s complex environment, risk isn’t something to avoid - it is something to navigate with confidence. And that’s exactly where Internal Audit steps in. Internal Audit is evolving - from a control-centric function to a strategic enabler. It helps organisations anticipate change, challenge the status quo, and adapt with agility. As Risk Advisory professionals, we see firsthand how Internal Audit connects the dots across risk, governance, and innovation.

    Vikash Somani

    Partner

    KPMG in India

    The bedrock of every successful business relationship is trust. By strengthening governance, managing risks, and seamlessly integrating controls into business operations, Internal Audit plays a vital role in safeguarding and enhancing trust in a business. Collaborating closely with clients across diverse sectors, I consistently observe the increasing demand for forward-thinking and insight-driven Internal Audit functions. This month, let's celebrate the profound impact these functions have in fostering trust and value creation in today’s dynamic business environment.


    IIA India Hyderabad Chapter

    In an age of AI and automation, the differentiator for internal auditors isn’t just about mastering the tools – its about cultivating the right mindset. The audit toolbox is evolving-fast. From robotic process automation (RPA) to advanced analytics and now, agentic AI-automation isn’t just enhancing audit efficiency; it is expanding the very scope of what auditors can do.

    But technology alone is not the differentiator. What matters is:

    • Knowing what to automate
    • Interpreting the ‘why’ behind the data
    • Collaborating across functions to generate actionable insights
    • Being both AI-literate and business fluent while maintaining human judgment at the core

    As controls and compliance become increasingly tech-driven, the human edge will come from how auditors build trust, tell stories with data, and navigate ambiguity with confidence. It’s not just about being audit-ready – it’s about being future-ready.

    Hear from the experts

    Internal Audit Awareness Month | Ritesh Tiwari

    Internal audit is not just about looking back but looking ahead. With AI and advanced analytics, we can deliver real-time insights and predictive foresight. The auditor's role is evolving into a strategic advisor—shaping future-ready businesses.

    Banking and Economy Summit | Manoj Kumar Vijai

    Manoj Kumar Vijai of KPMG talks about the key trends in Banking.


    India Insights

    Our insights is your gateway to thought leadership and in-depth reports. Explore our curated collection of valuable content, where we delve into complex business challenges, share industry trends, and provide actionable insights.

    Beyond the Trade Wars: India’s Role in a Fractured Order

    Indian businesses navigate a transformed global landscape marked by geopolitical shifts, tariff-led uncertainty, and technological politicisation

    KPMG global tech report: Life sciences insights

    Beyond the hype: Balancing speed, security and value

    Intelligent insurance

    Impact of AI on insurance industry, unlocking new possibilities with gen AI and providing a blueprint for innovation

    Top geopolitical risks 2025

    Explore how your organization can navigate the complexities of geopolitics with confidence and turn challenges into opportunities for success

    Navigating digital realm: strategic foresight and governance in social media communication

    Effective social media communication requires strategic foresight and governance to navigate its transformative power and mitigate reputational risks

    Evolving third party landscape in India's media and entertainment industry

    Addressing third-party risks for ensuring the sustainable growth, compliance, and resilience of the media and entertainment sector

    Third-party risks in the pharmaceutical supply chain

    Mitigating risks in pharmaceutical supply chain - bribery, counterfeit drugs and fraud. Offering PoV on risk mitigation and regulatory insights

    Financial Crime Bulletin

    Dive deep into the financial crime avenues and stay up-to-date with Indian and global regulatory initiatives

    The insider threat - Safeguarding UPSI from within: A refresh

    Unpublished Price Sensitive Information (UPSI) poses significant challenges for companies, requiring robust measures to prevent data theft and insider trading

    Expected Credit Loss (ECL)

    Evaluating ECL methodology is vital as it impacts P&L through provision charges and affects capital, liquidity, and other regulatory ratios

    Forensic lens on related parties and transactions

    A forensic lens on related-party transactions (RPTs) helps uncover potential risks and provides guidance on mitigating these risks effectively

    Internal Risk Assessment guidance for money laundering/terrorist financing risks

    Insurance CEOs share their views on economic outlook, return-to-office, ESG and generative AI.
     

    KPMG 2024 Insurance CEO Outlook

    Insurance CEOs share their views on economic outlook, return-to-office, ESG and generative AI.
     

    Model Risk Management

    Effective model management involves ensuring proper governance and oversight, validation, interpretability, scalability, and ethical considerations.

    Trailblazing digital frontiers

    Global IT internal audit outlook



     

    Awareness and actions at the forefront of third-party risk management

    Awareness and actions at the forefront of third-party risk management

    Model Risk Management

    Effective model management involves ensuring proper governance and oversight, validation, interpretability, scalability, and ethical considerations.

     

    Effective model risk management framework for AI/ML based models

    Enhancements needed in the MRM framework to embed fairness considerations for the AI/ML based models.
     

    Redefining consumer trust - ESG integrity threats in the product lifecycle

    With the ESG regulatory landscape becoming stringent, focus towards ESG compliance is imperative to ensure profitability and enhance sustainability.

    Money Mules: FinCrime’s Trojan Horse Unveiled

    Originating from the ancient Trojan deception, money mules embody a modern-day Trojan horse strategy, navigating through digital financial systems.

    Spotlight on Internal (office) accounts!

    POV on usage and challenges for internal (office) accounts along with concerns raised by RBI and indicative actions for banks.

     

    Global insights

    The need for speed in financial crime compliance

    Accelerating Know Your Customer (KYC) compliance and customer onboarding with managed services.

    AI risks and governance

    How to fight financial crime in a bold new era of risk


     

    The future of due diligence

    How to fight financial crime in a bold new era of risk


     

    Are you ready for value chain due diligence?

    A practical guide to demystifying the CSDDD

    A paradigm shift in financial crime

    How to fight financial crime in a bold new era of risk


     

    KPMG ranks #1 for providing ‘market-leading capabilities’ among risk consulting firms

    According to analyst group, Verdantix in Market Perception Trends: Risk Consulting Providers 2023.

    Resilience amid complexity

    Quantifying disruption to help drive agility and sustainable growth



     

    KPMG ranks first across multiple categories in risk consulting

    According to analyst group, Source in Perceptions of Risk Firms 2023.


     

    Cyber Security Services

    Cyber security is more than a technology issue – it’s a golden thread that runs throughout your business, enabling it to operate effectively, efficiently, and securely. Our Cyber experts can help you to protect your future.

    The evolution of non-financial risk

    Adapting risk management practices to prepare for future non-financial risks.


     

    Top risks forecast

    Bottom lines for business in 2024 and beyond.

     


     

    Meet our Team

    We have a team of 1,500+ skilled professionals, which has a mix of CAs, MBAs, CIAs, CISAs, CISSPs, Engineers, MCAs and Six Sigma experts to give you specialized knowledge and offer the right subject matter expertise. We are present across 14 locations in India and serve clients across the world. To help you in your journey, our teams will be led by seasoned leadership given below:

    Connect with us

    Contact our specialists for more information

    connect with us