Riskpro is an Indian risk management consulting firm with offices in Mumbai, Delhi, and Bangalore. It provides integrated risk management services to mid-large sized corporations and financial institutions. Riskpro's mission is to be the preferred provider of governance, risk, and compliance solutions. It offers a wide range of risk advisory services including Basel II/III advisory, corporate risks, information security, and operational risk management. Riskpro differentiates itself through its focus on risk management, over 200 years of cumulative experience, hybrid delivery model, and ability to take on large complex projects.
It gives me immense pleasure to introduce our firm “Riskpro” founded in 2009- a specialized risk management consulting by our Founders who are qualified risk specialists with diverse work experience in India, Middle East, Europe & US across industries & FI’s.
In continuation of our fast growing presence and business trajectory, I would like to welcome you and share towards launch of RiskPro Insurance Risk advisory Services which is an addition to our existing bouquet of Risk advisory , Consulting, Training & Human Capital Services to corporates across India currently being serviced through our multi location delivery locations in major metros with total presence in 11 Indian cities network already. Our dedicated experts team who are qualified seasoned professionals in Insurance industry across diverse business domains with right blend of optimal solutions for high performance business results.
Insurance business , like any other industry has evolved with new business models, government and regulatory changes, increased market players and de-regulation which has impacted functioning of major insurance players (General, Life)to generate business and also adhere to compliances imposed by governing authorities within volatile global paradigm, which necessitates the need for prudent risk management framework in Insurance businesses. Riskpro with its precise risk-reward approach is your ideal partner in de-risking of your insurance business operating model with risk management value proposition for a long-lasting embedded tenet in your business DNA.
Risk Management Service offerings:-
- Risk - Evaluation/Inspection/Audit & Reporting
- Due-Diligence – Current Insurances/Indemnity advisory/Renewals
- Capital Assets Valuation for loss coverage
- Claims Management
- Regulatory Compliances- IRDA/SEBI/ICDR
Key Domain Areas:-
- Property Risk- Physical Assets
- Financial Risk- Monetary Loss
- Liability Risk- Operational Loss
- People Risk- Employees Loss
Please find enclosed our Company brief introduction and services brochure for your kind consideration and give us a chance to be your preferred risk knowledge partners for a mutual alliance.
“We are quoted in recent Economic Times news as among fastest growing risk consulting firms in India.” (Click for more details).
It gives me immense pleasure to introduce our firm “Riskpro” founded in 2009- a specialized risk management consulting by our Founders who are qualified risk specialists with diverse work experience in India, Middle East, Europe & US across industries & FI’s.
In continuation of our fast growing presence and business trajectory, I would like to welcome you and share towards launch of RiskPro Insurance Risk advisory Services which is an addition to our existing bouquet of Risk advisory , Consulting, Training & Human Capital Services to corporates across India currently being serviced through our multi location delivery locations in major metros with total presence in 11 Indian cities network already. Our dedicated experts team who are qualified seasoned professionals in Insurance industry across diverse business domains with right blend of optimal solutions for high performance business results.
Insurance business , like any other industry has evolved with new business models, government and regulatory changes, increased market players and de-regulation which has impacted functioning of major insurance players (General, Life)to generate business and also adhere to compliances imposed by governing authorities within volatile global paradigm, which necessitates the need for prudent risk management framework in Insurance businesses. Riskpro with its precise risk-reward approach is your ideal partner in de-risking of your insurance business operating model with risk management value proposition for a long-lasting embedded tenet in your business DNA.
Risk Management Service offerings:-
- Risk - Evaluation/Inspection/Audit & Reporting
- Due-Diligence – Current Insurances/Indemnity advisory/Renewals
- Capital Assets Valuation for loss coverage
- Claims Management
- Regulatory Compliances- IRDA/SEBI/ICDR
Key Domain Areas:-
- Property Risk- Physical Assets
- Financial Risk- Monetary Loss
- Liability Risk- Operational Loss
- People Risk- Employees Loss
Please find enclosed our Company brief introduction and services brochure for your kind consideration and give us a chance to be your preferred risk knowledge partners for a mutual alliance.
“We are quoted in recent Economic Times news as among fastest growing risk consulting firms in India.” (Click for more details).
Riskpro India is a specialized Risk Management Consulting firm providing risk management advisory, risk trainings, internal audits, forensic accounting, investigations, fraud prevention, process reviews services etc.
Today all organizations are subject to fraud risks. Large frauds have led to the downfall of entire organizations, massive investment losses, significant legal costs, incarceration of key individuals, and erosion of confidence in capital markets, Consequently as part of an organization’s governance structure, a fraud risk management program should be in place, including a written policy to convey the expectations of the board of directors and senior management regarding managing fraud risk.
Knowing present corporate focus and need for improved fraud risk governance & management, we’re pleased to launch our Fraud Risk Consulting services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network.
“We are quoted in recent Economic Times news as among fastest
With increasing regulations, balancing compliance with competitiveness is a major challenge for corporations, which necessitates the need for organisations understand the regulatory/legal risks that stems from the applicable laws, regulations and codes of conduct they must comply with in order to maintain ethical & fair business practices while dealing with clients in a global multi-cultural environment.
We at Riskpro are geared to assist organisations become compliant and transparent in addressing the challenges of this dynamic regulatory environment where our legal risk management specialists add value by strategically integrating legal compliance into daily business. We’re pleased to launch our Legal Risk Advisory services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network.
Riskpro-India is a specialized Risk Management Consulting firm based in Mumbai, India and with offices at Delhi and Bangalore.
Brief description of our firm is mentioned below:-
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances.
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives.
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in India, Middle East, Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training and Recruitment: in all of the above service lines
RISKPRO VALUES
• Adding value to the client and protecting their business is paramount and our logo symbolizes that bond of protection
• Delivering professional excellence in all our service lines with complete integrity
• Building enduring relationships with all our clients as a trusted business partner
Riskpro India is a specialized Risk Management Consulting firm providing risk management advisory, risk trainings, internal audits, forensic accounting, investigations, fraud prevention, process reviews services etc.
Today all organizations are subject to fraud risks. Large frauds have led to the downfall of entire organizations, massive investment losses, significant legal costs, incarceration of key individuals, and erosion of confidence in capital markets, Consequently as part of an organization’s governance structure, a fraud risk management program should be in place, including a written policy to convey the expectations of the board of directors and senior management regarding managing fraud risk.
Knowing present corporate focus and need for improved fraud risk governance & management, we’re pleased to launch our Fraud Risk Consulting services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network.
“We are quoted in recent Economic Times news as among fastest
With increasing regulations, balancing compliance with competitiveness is a major challenge for corporations, which necessitates the need for organisations understand the regulatory/legal risks that stems from the applicable laws, regulations and codes of conduct they must comply with in order to maintain ethical & fair business practices while dealing with clients in a global multi-cultural environment.
We at Riskpro are geared to assist organisations become compliant and transparent in addressing the challenges of this dynamic regulatory environment where our legal risk management specialists add value by strategically integrating legal compliance into daily business. We’re pleased to launch our Legal Risk Advisory services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network.
Riskpro-India is a specialized Risk Management Consulting firm based in Mumbai, India and with offices at Delhi and Bangalore.
Brief description of our firm is mentioned below:-
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances.
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives.
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in India, Middle East, Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training and Recruitment: in all of the above service lines
RISKPRO VALUES
• Adding value to the client and protecting their business is paramount and our logo symbolizes that bond of protection
• Delivering professional excellence in all our service lines with complete integrity
• Building enduring relationships with all our clients as a trusted business partner
In continuation of our fast growing presence and business trajectory, I would like to welcome you and share towards launch of RiskPro Insurance Risk advisory Services which is an addition to our existing bouquet of Risk advisory , Consulting, Training & Human Capital Services to corporates across India currently being serviced through our multi location delivery locations in major metros with total presence in 11 Indian cities network already. Our dedicated experts team who are qualified seasoned professionals in Insurance industry across diverse business domains with right blend of optimal solutions for high performance business results.
Insurance business , like any other industry has evolved with new business models, government and regulatory changes, increased market players and de-regulation which has impacted functioning of major insurance players (General, Life)to generate business and also adhere to compliances imposed by governing authorities within volatile global paradigm, which necessitates the need for prudent risk management framework in Insurance businesses. Riskpro with its precise risk-reward approach is your ideal partner in de-risking of your insurance business operating model with risk management value proposition for a long-lasting embedded tenet in your business DNA.
Today all organizations are subject to fraud risks. Large frauds have led to the downfall of entire organizations, massive investment losses, significant legal costs, incarceration of key individuals, and erosion of confidence in capital markets, Consequently as part of an organization’s governance structure, a fraud risk management program should be in place, including a written policy to convey the expectations of the board of directors and senior management regarding managing fraud risk.
Knowing present corporate focus and need for improved fraud risk governance & management, we’re pleased to launch our Fraud Risk Consulting services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network.
Riskpro-India is a specialized Risk Management Consulting firm based in Mumbai, India and with offices at Delhi and Bangalore.
Brief description of our firm is mentioned below:-
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances.
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives.
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in India, Middle East, Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training and Recruitment: in all of the above service lines
RISKPRO VALUES
• Adding value to the client and protecting their business is paramount and our logo symbolizes that bond of protection
• Delivering professional excellence in all our service lines with complete integrity
• Building enduring relationships with all our clients as a trusted business partner
2. Who is Riskpro… Why us?
ABOUT US MISSION
Riskpro is an organisation of member firms
around India devoted to client service Provide integrated risk management
excellence. Member firms offer wide range consulting services to mid-large sized
of services in the field of risk management. corporate /financial institutions in India
Currently it has offices in three major cities Be the preferred service provider for
Mumbai, Delhi and Bangalore and alliances complete Governance, Risk and Compliance
in other cities. (GRC) solutions.
Managed by experienced professionals with
experiences spanning various industries.
VALUE PROPOSITION DIFFERENTIATORS
You get quality advisory, normally delivered
by large consulting firms, at fee levels Risk Management is our main focus
charged by independent & small firms
Over 200 years of cumulative experience
High quality deliverables
Hybrid Delivery model
Multi-skilled & multi-disciplined organisation.
Ability to take on large and complex projects
Timely completion of any task due to delivery capabilities
Affordable alternative to large firms We Hold hands, not shake hands.
2
3. Risk Management Advisory Services
Basel II/III Advisory Corporate Risks Information Security
Market Risk Enterprise Risk Assessment IS Audit
Credit Risk Fraud Risk Information Security
Operational Risk Risk based Internal Audit IT Assurance
ICAAP Operations Risk IT Governance
Forensic services
SERVICES
Operational Risk Governance Other Risks
Process reviews Corporate Governance Business/Strategic Risk
Policy/ Process Review Business Strategic risk Reputation Risk
Process Improvement Fraud Risk Outsourcing Risk
Compliance Risk Forensic Accounting Contractual Risk
Training Recruitment
Banking – E Learning Virtual Risk Managers
Corporate Training Full Time Risk Professionals
Regular Risk Management Training Part time Risk Professionals
Online Training material Risk Managers on call – free
Workshops / Events
3
4. Operational Risk Management
BACKGROUND
Operational risk is everywhere.
Losses from operational failures can be devastating
No single person in the organisation can manage Operational Risk. It requires
commitment from each and every person.
Operational Risk is not rocket science. It is a culture change. Training and
awareness are the best solutions for sustained ORM.
CHALLENGES
Main challenge is how to motivate & incentivize various risks owners to
manage Operational Risk. Operational risks do erode the corporate earnings &
affect the reputation in the marketplace.
Velocity & momentum of operational risk events can take company by surprise
and its exposure is difficult to manage, without a robust framework
Operational risk success is largely linked to People Risk and “Human Factor”.
Sometimes addressing people issues is a way to manage operational risk.
4
5. Operational Risk Management – Building Blocks
Review risk management structures & infrastructure
Operational Risk Compare against best practices, strategic objectives and regulations.
Governance Develop operational risk policies, frameworks, terms of reference and
implementation project plans.
Development of Risk Control Self Assessment (RCSA) methodology,
ORM Framework Risk Register to assess the gross & net risks and identify/scoring the relevant
controls.
Risks reporting, CRO dashboards & heat maps showing RAG status.
Capture and analysis key risks metrics (and controls) leading to the validation of
KRI the risk and control assessments.
Issues and action plan, remediation of KRI breaches
Loss and incident reporting framework
Operational Loss
Process to analyze operational losses & near misses.
Database Best practices in valuation and risk modeling.
Basel II ORM Framework
Basel II Capital computation and modeling.
AMA and capital calculation
Establishing AMA framework in accordance with regulatory requirements
5
6. Background and Challenges to People Risk
BACKGROUND
India is People-centric. In a global context; manpower outsourcing comes to India and
has to be a part of their Global Solution.
All companies rely on efficient, honest and effective people to grow and create business
value
People risk management goes beyond hiring good people and carrying out annual
performance evaluation.
CHALLENGES
People risk is often forgotten, neglected. Companies build models, frameworks to manage risk..but
ignore People themselves
People are, indirectly or directly, at the core of all risks
Starting with the way they are; their background, early childhood, how they got to be where they are; personal &
family life. Debt, Gambling, indulgent to the good life?
Unlike Logistics, Finance, Marketing, Sales, Distribution etc. the risk related to People has a range of
‘different’ local, regional, enterprise, cultural & global implications.
Most companies do not have quantitative score or metric that measures people risk levels.
6
7. The People Risk Landscape
People Actions Costs Behavioural
Employees Order Acceptance Direct OR Indirect Stopped Learning
TEMPS Procurement Fixed OR Variable Ego – Alpha-Male
Ghost Employees Wrong Vendor
Not Insured
No Succession Planning
Wrong Hiring
Obsolescence
Suppliers
High Risk Behavour
Re-work & Waste
Catering Staff Poor Due-Diligence
Personal Debt
Housekeeping
Liable for Litigation
Negligence Greed
Security Staff
Graft (CORRUPTION) Clinical Problem(s)
Drivers 100% Revenue Loss
Cartel
Increased Cost Long term consequence
Customers Poor Decisions
Lower Profits
7
8. How People’s ACTIONS increases or decreases risks
EVERY Decision that a person takes affects Revenue, Collection, Expenses, Payables, project
or ultimately the bottom-line of the company.
Negligence OR wanton 'delay' adds to inefficiencies, project delays, increased cycle times,
lower customer or supplier satisfaction and can even jeopardize the Transaction
Once a thief always a thief
Failure to properly verify a cheque payment for a large sum.
Misbehavior with colleagues
Writing degrading emails about companies to external parties
News and print news about employees due to their personal lifestyle, behavior
All such behaviors are noted by management, employees warned or a note made in their
personal files. But no tracking taken to consolidate this information, see an overall risk
score of that each employee or at the company level.
Decision making delays, process inefficiencies, bad leadership all require some quantification and
aggregation to highlight your STAR performing employees and the bad ones.
8
9. Bottom Up Approach to People Risk Management
Performance
Evaluation
Behavioral
Supervisor
HR Dept Assessment
Risk
Business
Entity Line 1 Incident
Level Reports
Profitability
Actions parameters
Business
targets
Performance
Evaluation
Company Level Behavioral
Risk Score Supervisor
Assessment
Incident
Business Reports
Line 2 Actions
Other input
sources
Other Other
Aggregation sources of See examples on next slide
Category inputs
9
10. People Risk Management – Other Inputs to the Model
HR Dept Inputs
Skills set gap, succession planning, outstanding jobs unfilled. All HR inputs can be considered by
PRAY to model some level of risk score at entity level.
Recruitment Verification
Results of internal, external verification, due diligence
Risk Register
Inventory of known risks relating to people risk. Aggregate score of company wide HR Risk
register
Incident Reporting and Issues Management Database
Responsible for how much of financial losses, number of events by the persons, all incidents
with evidence support. Audio, Video, Documents etc
Performance Appraisal System
Add risk elements to existing Systems, Methods & Practice
Reporting System
Predictive and Pre-empts. Real-time Alerts. Yesterday, Last-week, Last-month, Last-quarter and
Last-year knowledge. Why? Who? What for?
10
11. Examples of Parameters for modeling people risk
Beyond Working-Hour Factors
Involving Self
High-Risk Hobbies; Alpha; Aggressive
Gambling; Speculation
Drinking; Drugs
Greedy
Opposite Sex Issues
Beliefs such as Faith/Religion
Involving Family
Emotional Pressures
Financial Pressure
Dysfunctional Factors
Involving Others
Bad company
Risk Rating
Track-Record
Litigation - Legal Action Risk
Above are just some of the hundreds of parameters and inputs that re used to model people risk score.
All parameters can be customized s per client requirement, or can be easily configured (ON/OFF) by
company’s administrator.
Rating weights and score can be configured in consultation with company management so that important
factors are given more weightage and thus arriving at an accurate risk indicator
11
13. Outsourcing Activity - Detailed Checklist to monitor Risks
MANAGING OUTSOURCING RISK
Outsourced Activity:
Business Unit:
Sr. No. Checklist Yes/No Risk Covered Remarks
A General Guidelines-
Ensure completion of this checklist for all outsourcing contracts within RBI scope of Compliance and
1 outsourced arrangements. Operational Risk
Ensure appropriate management structure/ appointment of an outsourcing coordinator
within Bank/department to oversee the outsourcing arrangement process from start to end
2 Management risk
If outsourcing is a regular activity, build and maintain a database of potential service
3 providers to avoid single vendor dependency Concentration risk
Exhaustive list of outsourced arrangements with relevant details like - name of the vendor,
nature of activity outsourced, name of department utilizing services of vendor, start and end
dates of contracts, Bank coordinator name/ Outsourcing relationship manager, Vendor
4 coordinator name, value of contract Compliance risk
Ensure that there are no conflicting process notes, circulars etc prepared by the Business
Unit that conflict with Bank's Outsourcing Policy, other process notes, procedures with
5 respect to outsourcing. Compliance risk
B Decision making process -
Business Unit should do adequate research to support the business case for outsourcing
6 Strategic risk
Documentation of outsourcing proposal/business case and sign-off from all concerned on
Cost Benefit Anaylsis, other tangible and intangible benefits arising from the arrangement,
7 vendor selection criterias Management risk
13
14. Outsourcing of Financial Services - Monitoring and Review
RBI Guidelines -Outsourcing of Financial Services by banks –
RBI/2006/167 DBOD.NO.BP. 40/ 21.04.158/ 2006-07 dated November3, 2006
Due due diligence, in relation to outsourcing, should consider all relevant laws
In considering or renewing an outsourcing arrangement, appropriate due diligence should be
performed to assess the capability of the service provider to comply with obligations in the
outsourcing agreement. Due diligence should take into consideration qualitative and
quantitative, financial, operational and reputational factors
A central record of all material outsourcing should be maintained to facilitate Board/Senior
Management review
Half yearly reviews of material Outsourcing be placed before the Board
Regular audits to assess the adequacy of the risk management practices adopted in
overseeing and managing the outsourcing arrangement
Banks should, at least on an annual basis, review the financial and operational condition of
ALL the service provider to assess its ability to continue to meet its outsourcing obligations.
Such due diligence reviews, should highlight any deterioration or breach in performance
standards, confidentiality and security, and in business continuity preparedness.
14 14
15. Knowledge Management Program EXAMPLE OFFERING
Problem Statement
High attrition rate means that exiting employees and entering employees upset the
environment as follows:
Exiting employees take critical and confidential data
New employees take significant time to learn the process
Background checks become time consuming given the large volume of recruitments
Data access controls may be absent
Work flows and user guides are not available
Riskpro Solution
Comprehensive review of requirements and establish a proper Knowledge Management
Program
Implement Desktop instructions, user guides so that new employees can start off quickly
and minimize mistakes
Proper access control and archival of digital data in secure folders
Tool enablers to manage the recruitment, background verification
15
17. Riskpro Clients Our Clients
*Any trademarks or logos used throughout this presentation are the property of their respective owners
17
18. Team Experiences Our Experiences
Our team members have worked at world class Companies
*Any trademarks or logos used throughout this presentation are the property of their respective owners
18
19. RESUMES – Our team Credentials
Co-Founder - Riskpro
CA, CPA, MBA-Finance (USA), FRM (GARP)
Manoj Jain
Over 10 years international experience – 6 years in Bahrain and 4 years USA
15 years exp in risk management consulting and internal audits, Specialization in
Operational Risk, Basel II, Sox and Control design
Worked for Ernst & Young (Bahrain), Arab Investment Company (Bahrain),
Navigant Consulting(USA), Kotak Mahindra Bank (India) and Credit Suisse(India)
Sox Compliance project for Fannie Mae, USA ( $900+ Billion Mortgage Company)
Co- Founder - Riskpro
CA (India), MBA (Netherlands), CIA (USA)
Rahul Bhan
Over 15 years of extensive internal and external audit experience in India and
abroad.
Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young
Kuwait, Deloitte Netherlands and KPMG India.
Worked with clients in a wide variety of industries and countries including trading,
retail and consumer goods, NGO, manufacturing and banking and finance. Major
clients include banks, investment companies, manufacturing organizations,
aviation etc.
19
20. RESUMES - Our team Credentials
Co-Founder - Riskpro
Casper Abraham
PGD (Electrical & Electronics & Computer Programming)
30 years of experience in Information & Communications Technology (ICT) Solutions
for Retail, Garments, Manufacturing, Services Industries.
Has created Companies, Divisions, Products, Brands, Teams & Markets.
Consulting in Business, Technology, Marketing & Sales & Strategic Planning.
Advisory, Training, Workshops & Implementation in Systems Thinking, Systems
Modeling & Balanced Scorecard
Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,
Sr Vice President – Risk Management
MBA, PDFM,NSE-NCFM, PMP, CSSGB,ISO 9001:2000 I.A,GARP-FBR, ITILV3,CPP-BPM
Hemant Seigell
Professional with 17 years of rich experience into diverse Consumer finance/ Lending
operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting &
Housing finance in BFSI industry having successfully led key business strategic
engagements across multi-product environment in APAC, Australia and US regions.
Worked with GE, ABN AMRO Bank, Citigroup, Accenture, Deutsche Postbank
Highly skilled and expert Trainer in Risk areas across Credit, Fraud, Operational, Corporate
Risk management.
Specializes in Fraud Control, AML/KYC Compliance ,QA ,ERM and Regulatory governance.
20
21. RESUMES - Our team Credentials
Head - Insurance Risk Advisory services
B.sc, Associate of Indian Institute of Insurance
Licensed Category A Insurance surveyor
R. Gupta
26 years of experience in Insurance advisory services, Loss adjusting for large
corporates,Claims management.
Has assessed more than 4500 high value insurance claims across various industry
sectors.
Risk management inspection
Valuations of fixed assets for insurance purpose.
Head - Human Capital Management
Nilesh Bhatia
Chartered Accountant, Lead Assessor ISO 9000, Six Sigma Trained, Trained on Situational
Leadership, Trained on interviewing skills and Whole Message Model.
Over two decades of international, multi-cultural experience in finance and human resources
viz. internal audit, accounting operations, accounting process review & re-designing, risk
management, business solutioning, six sigma projects, talent acquisition, talent retention,
organization design/redesigning, compensation and appraisal processing, employee and
customer satisfaction surveys, knowledge management and finance services.
Worked with Citicorp/MGF, India Glycol, Delphi, American Express India, American Express
USA, Fidelity International and Macquarie Global Finance Services India.
21
22. RESUMES - Our team Credentials
Head – Taxation Risk Advisory
Rajesh Jhalani
B.Com, FCA
Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra
and Mehrotra
Over 19 years of experience in the field of Audit, Taxation, Company law matters.
Major clients served are NTPC, BHEL, Bank of India, PNB, Airport Authority of
India etc.
President – Banking & Financial Services
A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics),
Sivaramakrishnan
CWA, CAIIB
Combined experience of 25+ years in corporate banking, risk management,
international trade finance, development of risk rating models, project finance, credit
monitoring and NPA management
Since 2006 conducting open / in-house training on the above domains to all Top
public/ new and old private sector banks, top MNC banks (India and abroad), leading
NBFCs and corporates in manufacturing and financial services space; Worked on IFC
(World Bank) funded projects for MSMEs in India and abroad
Worked for Bank of Baroda and ICICI Bank – bestowed Top Performer Award
continuously two years during his tenure; widely travelled abroad for business
relations, seminars, offering training, investor meetings, NYSE listing and for
processes involving establishment of representative Office in USA
22
23. RESUMES - Our team Credentials
Executive Vice President – Risk Management ( Banking & Financial Services)
A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable
domestic and international experience
Kashi Banerjee
An aggregate experience of 24+ years across industry, mainly BFSI in several
functional areas including Retail and Commercial Banking, Corporate Lending, team
member of the Business Process Re-Engineering project (BPR); conceptualizing and
setting up shared services centres for centralized operations for the Bank in India.
Management through ERM framework overseeing all key areas of the business
through various Operational Risk tools like KRI / RCSA matrices. Managing of major
project implementation of Basel II and Compliance risk framework
Directing, reviewing and advising Board of Directors on various compliance issues and
representing the bank to the Central Bank regulatory offices.
Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai
Holdings ( subsidiary)
Consultant – Information Security & IT Governance
Anjay Agarwal
LLB, CA, CISA, CWA, CS, CFE and others
Over 15 years of experience in the field of Audit, Taxation, Investigations.
Specializing in the field of Systems Audit, Cybrex Audit, Computer Crime
Investigations, IS Forensics
International Committee Member of Governmental and Regulatory Agencies
Board and Academic Relations Committee of ISACA, USA
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24. RESUMES - Our team Credentials
Executive Vice President – Risk Management ( Banking & Financial Services)
Vijayan Govindarajan
Professional Risk Manager with considerable domestic and international experience
An aggregate experience of 30 + years across industry, mainly Banking in several functional areas
including Wholesale Credit Risk, Operational Risk, Trade Finance , Retail Banking and Islamic Financial
Services.
Track record of setting up of excellence in the set-up, and management of credit and operational risk,
compliance and credit administration functions in retail, commercial , Islamic Banking and offshore banking
entities in the Middle East.
Key strength includes Corporate Credits, Risk Management in IT, implementation of Risk Management
module in core banking Bank’s Policies, procedures, Country Risk. Played an active role in 3 core banking
software implementations
Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat Bahrain and BMI Bank
Bahrain as AGM Risk Management.
Specialist Risk Consultant – ERP & IT Compliance
Gourav Ladha
SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access Controls trained
(from SAP India)
Over 7 years of experience working in the area of ERP/IT Risk advisory, primarily focusing on SAP, for
‘Fortune 500’ clients in around 8 countries including US, UK, UAE, Hong Kong, etc
Specializes in SAP Risk & Controls Advisory, SAP Business Process Controls Audit, SAP Security &
Segregation of Duties Control Audit, ERP Trainings,
Strong Industry experiences ranging from Beverages, Insurance, Energy, FMCG, Pharmaceutical, Retail,
Telecommunication to IT Services
Worked for risk advisory teams of reputed organizations like Ernst & Young, EXL Services
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25. RESUMES - Our team Credentials
Vice President & Head – IT Risk Advisory
Ravikiran Bhandari
Over 14+ Years of Experience in Information Security and Risk Management & CISM
certified
Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide at
Bangalore for 9 years, previously worked at organization like Wipro, Bangalore Labs
Multi-sector experience including Banking, Insurance, Finance, Energy, Manufacturing,
Retail, Hi-Tech & Telecom, and Automobile
Well known Ethical hacker: Was featured in BusinessWorld Magazine in an article about
leading ethical hackers in India and published several articles in Print and Online Media
Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, Joint
Ventures across several countries in the world including US, UK, China, Germany
Vice President – Legal Risk Advisory
Aashish Shrivastav
B.B.A. LL.B. (Hons.)
About half a decade experience in legal services to client’s with respect to Contract
and Commercial Laws, Joint Ventures, Inbound & Outbound Investments, Private
Equity Investment Transactions, Real Estate & Infrastructure, Energy and General
Corporate.
Have advised various social enterprises and start ups in setting up business in
India.
Worked for the leading law firms of India such as FoxMandal Little.
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26. RESUMES - Our team Credentials
Vice President – Riskpro India
Phanindra Prakash
FCA [India], ACMA [India], CFE [USA], CertIFRS [UK]
Over 16 years of extensive consulting experience which includes financial & systems audit,
process transformation, implementation of internal controls, SOX compliance, fraud audits
& due diligence, US-India taxation
Engaged in consulting roles as trusted advisor to finance, internal audit and information
technology executives of multiple Fortune 1000 companies with project sites in US,
Canada, Europe & Asia
Worked with E&Y and Deloitte Consulting in USA
Some of the major clients served internationally are GE Capital, UBS, McKesson, Eaton,
Imation, Albertsons,
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27. RESUMES - PARTNERSHIPS
Specialist Risk Consultant – Business Continuity
Andrew Hiles
Founder and 15-year Chairman of Survive, the first international user group for Business
Continuity professionals
Founding director and first Fellow of the Business Continuity Institute
Over 25 years international consulting expertise in Risk, Crisis, Emergency, Incident, and
Business Continuity and ICT Disaster Recovery Management
Multi-sector experience including Banking, Insurance, Finance, Oil, Gas, Energy,
Manufacturing, Retail, Hi-Tech & Telecom
Western Press Award for services to business, 1994; BCI/CIR nomination for
lifetime achievement in BC, 1999, London; inducted into BC Hall of Fame by CPM magazine,
2004, Washington DC.
Specialist Risk Consultant – Enterprise Risk Management
Chris E. Mandel
Highly skilled risk and insurance professional with 25 years of experience designing,
developing and implementing large, global corporate risk management programs for Fortune
500 firms.
Principal Consultant and Founder - Excellence in Risk Management, LLC. (Texas, USA) Co-
founder and EVP, Professional Services, rPM3 Solutions, LLC (Maryland, USA).
Past experiences include Head of Global Risk Management for USAA, PepsiCo/Tricon
Global and American National Red Cross
Additional risk and insurance experience at Verizon Corp,. Marsh USA and Liberty Mutual
Insurance Co.
2004 Risk Manager of the Year – 2007 recipient of the Alexander Hamilton Award for
“Excellence in ERM” (at USAA) – former President, Risk and Insurance Management
Society, Inc.
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28. RESUMES - Advisors Credentials
Founder partner of Mehrotra and Mehrotra, a 48 year old CA firm in India
Mr. MP Mehrorta
B.Com, FCA, LLB
Over 48 years of experience in audits, taxation, legal matters, loan syndication etc.
Trustee of Cochin Port Trust, Member of Task Force for MOUs, Ministry of Heavy
Industries & Public Enterprises, Govt. of India, Ex- Member of Central Board of
Trustees, Employees’ Provident Fund Organisation (EPFO), Ministry of Labour,
Govt. of India, New Delhi.
Ex - Director, Canara Bank
Practicing chartered accountant in Delhi
CA, ICWA
Mr. PK Gupta
Over 35 years of professional experience.
Trustee, Kargil Shaheed Smarak Samiti
Hon. Treasurer, World Academy of Spiritual Sciences (WASS).
Panel Arbitrator, International Centre for Alternative Dispute Resolution
Arbitrator, Cement Corporation of India
Arbitrator, Bombay Stock Exchange Limited
Arbitrator, Central Depository Services (India) Limited
Arbitrator’s Panel of Indian Council of Arbitration
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