Risk consulting

The development of an ESG risk methodology provides a structured, consistent, and transparent approach to assessing clients’ sustainability and responsible business risks, taking into account both industry-specific and company-specific factors.

We offer ESG risk methodology and client assessment solutions tailored to the organization’s needs, including:

• development of an ESG risk assessment approach and methodology, including industry- and company-specific risk structures and their impact on the overall risk profile

• definition of information and data sources required for ESG assessment, ensuring consistent and comparable data availability

• development or enhancement of client assessment questionnaires and data collection tools based on the selected methodology

• identification of client ESG risks and their integration into the overall risk assessment process, including linkage with credit risk assessment approaches

• preparation of recommendations for the ESG assessment process and its integration into the organization’s risk management framework

Portfolio assessment and risk appetite definition provide a structured approach to understanding the risk profile of an organization’s credit and investment portfolios. This enables timely identification of key risks, assessment of portfolio resilience to external fluctuations, and definition of clear risk thresholds to support future development.

We offer portfolio assessment and risk appetite definition solutions tailored to the organization’s strategy and risk profile, including:

• analysis of credit and investment portfolios, identifying risk exposures, concentrations, and structural characteristics of the portfolio

• development and execution of stress testing and scenario analysis, modeling potential portfolio changes under various market and economic conditions

• organization of joint workshops with bank management to define ESG risk appetite and the vision for portfolio development

• preparation of recommendations for setting risk limits and integrating them into portfolio management processes

ESG integration into risk management and strategy provides a systematic approach to incorporating sustainability factors into the organization’s risk management, decision-making, and implementation of strategic objectives. This approach strengthens the organization’s ability to manage material ESG risks and ensures consistent compliance with regulatory and market requirements.

We offer ESG integration solutions for risk management and strategy, tailored to the organization’s operational specifics and strategic priorities, including:

• enhancement of ESG governance processes and development of the necessary policies, procedures, and guidelines

• assessment of the risk management system and risk culture, followed by implementation of targeted improvements

• identification of climate and sustainability risks and definition of mitigation measures within the organization’s overall risk assessment framework

• integration of ESG aspects into strategic planning, risk management, and decision-making processes

Actuarial services provide organizations with a data-driven foundation for understanding, assessing, and managing financial risks through the application of mathematical, statistical, and economic methods. They are essential for organizations operating in the insurance, pension, and investment sectors, as well as for entities requiring a structured approach to the development of long-term liabilities and risk models.

We offer actuarial service solutions tailored to the organization’s needs and operational specifics, including:

• actuarial valuations and solution development for employee benefits, including analysis and modeling of pension, health, and welfare programs

• non-life insurance risk analysis and actuarial modeling, including pricing, reserving calculations, risk transfer strategies, and portfolio analytics

• support for enterprise risk management, including risk identification, modeling, stress testing, scenario analysis, and capital management approaches

• integration of actuarial calculations, analyses, and models into management decision-making and regulatory compliance processes

Regulatory services provide financial institutions with a structured and transparent approach to understanding, complying with, and integrating regulatory requirements into governance and risk management processes. They help organizations assess the regulatory environment, identify compliance and financial risks, and ensure a sustainable and secure operating model.

We offer regulatory service solutions tailored to the organization’s needs and operational specifics, including:

• regulatory compliance assessments, including review of requirement implementation, identification of non-compliance, and strengthening of internal controls

• development of policies, procedures, and control mechanisms to ensure consistent implementation and ongoing maintenance of regulatory requirements

• capital adequacy assessments, including analysis of capital structure, identification of potential shortfalls, and support for capital planning

• liquidity risk analysis, including assessment of liquidity position, stress testing, scenario analysis, and development of liquidity risk management strategies

• development and implementation of ICAAP and ILAAP frameworks, covering risk appetite definition, methodology development, and support for stress testing

• solvency assessments for insurance undertakings, including analysis of solvency position, risk identification, and development of solvency management policies

• support for the preparation and submission of regulatory reports, ensuring data quality and compliance with applicable requirements

Credit risk services provide organizations with a structured and data-driven approach to identifying, measuring, and managing credit risk. They are essential for financial institutions, companies with credit portfolios, insurance undertakings, and other market participants that are exposed to credit risk and required to maintain a stable financial position and compliance with regulatory requirements.

We offer credit risk service solutions tailored to the organization’s industry, risk profile, and operational specifics, including:

• development and validation of credit risk models, including customization to organizational needs, analysis of key risk drivers, and assessment of model performance

• development of stress testing scenarios, analyzing the impact of economic changes on credit portfolio quality and organizational risk resilience

• development, enhancement, and validation of expected credit loss (ECL) models, ensuring compliance with IFRS 9 requirements, improved calculation accuracy, and efficient use of data

• enhancement of ECL processes, policies, and methodologies, including strengthening data quality, calculation approaches, and control mechanisms

• assessment of credit risk governance and management systems, including review of policies, procedures, and internal control frameworks

• enhancement of credit risk governance structures and decision-making processes, ensuring clear allocation of responsibilities, effective control points, and a risk-based approach

Effective risk management enhances an organization’s predictability and transparency, strengthens resilience to internal and external challenges, and supports sustainable growth. A structured risk management framework embedded in daily practice helps to identify key risks in a timely manner, enables informed management decision-making, and reduces the likelihood of unforeseen operational and financial consequences.

We offer risk management solutions tailored to the organization’s industry and operating model, including:

• development and implementation of a risk management framework

• assessment of the effectiveness of risk management processes and recommendations for improvements

• risk identification and assessment

• facilitation of practical risk identification workshops and structuring of outcomes

• development of recommendations for risk mitigation measures, controls, and action plans

• support in adapting the risk management process to the organization’s needs, including digitalization and automation

A well-structured corporate ethics and compliance framework establishes consistent standards of conduct and clear principles for an organization’s operations. It strengthens governance, reduces the risks of corruption and conflicts of interest, and protects the company’s reputation. A structured approach ensures that requirements are implemented in practice and observed across all levels of the organization.

We offer corporate ethics and compliance solutions tailored to the organization’s industry and operating model, including:

• development and implementation of a code of conduct and ethics

• development of anti-bribery and anti-corruption risk prevention policies

• development of conflict of interest prevention policies and establishment of declaration procedures

• support in establishing reporting channels and defining processes for handling breaches

• development of compliance requirements and principles for cooperation with third parties

• training for employees and management (practical examples, case analysis, and conduct guidelines)

• preparation of an implementation plan and definition of control mechanisms, ensuring an effective oversight approach

Third-party risk management provides a structured approach to assessing third parties both prior to entering into cooperation and throughout the course of the relationship. It helps to identify reputational, sanctions, conflict of interest, financial, and operational risks in a timely manner, as well as to define requirements and control mechanisms to mitigate these risks. A well-established process ensures consistent decision-making, traceability, and compliance with applicable requirements.

We offer third-party risk management solutions tailored to the organization’s industry and operating model, including:

• identification and assessment of risks related to cooperation partners

• segmentation of cooperation partners based on risk level

• development of initial assessment and approval processes for entering into cooperation

• development of partner due diligence methodologies

• development of approaches for ongoing monitoring and periodic reassessment during the cooperation

• definition of control mechanisms to mitigate partner-related risks

• training for employees on partner assessment principles, including the use of practical examples

Internal controls ensure that an organization’s processes operate in a predictable manner, in compliance with applicable requirements, and with a clear allocation of responsibilities. A well-structured control system reduces the risks of errors, fraud, and losses, while enhancing the quality of governance and overall compliance.

We offer internal control development and implementation solutions tailored to the organization’s industry and operational specifics, including:

• development and implementation of an internal control system

• definition of key risks and control points within organizational processes

• definition of control activities and responsibilities, including approval and access control principles

• development of control documentation and approaches for its maintenance

• assessment of control effectiveness and recommendations for improvements

• establishment of control monitoring and periodic review approaches

• assessment of opportunities for digitalization and automation of controls

Effective risk management strengthens organizational resilience, improves decision-making, and helps to identify significant operational, strategic, and compliance risks in a timely manner. Structured and practically oriented training ensures a consistent understanding of risk management across all levels of the organization.

We offer risk management training programs tailored to the organization’s industry and operational specifics, including:

• cybersecurity risk management training

• artificial intelligence (AI) risk management training

• fraud and financial crime risk management training

• cooperation partner and supply chain risk management training

• internal control system training

• business continuity and recovery planning training

• procurement risk management training

• sustainability (ESG) risk management training