David is a Manager in KPMG's US Advisory Risk Consulting practice with over 7 years of experience assisting organizations with identifying, understanding, measuring, and reporting business and technology risks. He specializes in internal audit, Sarbanes-Oxley compliance, regulatory compliance, IT governance, and enterprise risk management. David has led engagements across several industries and assisted clients in improving control environments and managing risks.
Operational Risk Management under BASEL eraTreat Risk
Operational risk have always ignored by Banks as they thought Credit and market risks can cause catastrophe. But history of misfortunes taught us different lessons. Controls and internal audit have long been construed as guard till BASEL II dictates forced banks to look with insight. Understand the dimension of ORM in this presentation.
This paper was presented at the Future of SMEs Banking Conference organised by Business a.m on 27th November, 2019 in Lagos. For SMEs to be able to play the role of engine of growth, Banks and other financial services provider need to be creative in managing funding and credit risks.
Operational Risk Management under BASEL eraTreat Risk
Operational risk have always ignored by Banks as they thought Credit and market risks can cause catastrophe. But history of misfortunes taught us different lessons. Controls and internal audit have long been construed as guard till BASEL II dictates forced banks to look with insight. Understand the dimension of ORM in this presentation.
This paper was presented at the Future of SMEs Banking Conference organised by Business a.m on 27th November, 2019 in Lagos. For SMEs to be able to play the role of engine of growth, Banks and other financial services provider need to be creative in managing funding and credit risks.
A new report by the Business Continuity Institute, supported by certification body NQA, has shown that 6 out of 10 organizations adopt ISO 22301. Organizations with strong top management commitment to standardising business continuity practice are four times more likely to adopt ISO 22301 than those who do not.
There are many reasons why an organization would want to embrace ISO 22301, most notably it provides assurance of continued service with 61% respondents identifying this as a significant reason. By certifying to the Standard, organizations can provide reassurance to their stakeholders that, in the event of a crisis, it will still be able to function.
Read the full survey report for more information on the business benefits of ISO 22301.
https://www.nqa.com/en-gb/resources/news/6-out-of-10-organizations-adopt-iso-22301
Transition matrices and PD’s term structure - Anna CornagliaLászló Árvai
A transition matrix is a square matrix describing the probabilities of moving from one state to another in a dynamic system. In each row there are the probabilities of moving, from the state represented by that row, to the other states. Thus each row of a transition matrix adds to one.
Credit risk refers to the risk that a borrower will default on any type of debt by failing to make payments which it is obligated to do. The risk is primarily that of the lender and includes lost principal and interest, disruption to cash flows, and increased collection costs. The loss may be complete or partial and can arise in a number of circumstances. For example:
• A consumer may fail to make a payment due on a mortgage loan, credit card, line of credit, or other loan
• A company is unable to repay amounts secured by a fixed or floating charge over the assets of the company
• A business or consumer does not pay a trade invoice when due
• A business does not pay an employee's earned wages when due
• A business or government bond issuer does not make a payment on a coupon or principal payment when due
• An insolvent insurance company does not pay a policy obligation
• An insolvent bank won't return funds to a depositor
• A government grants bankruptcy protection to an insolvent consumer or business.
To reduce the lender's credit risk, the lender may perform a credit check on the prospective borrower, may require the borrower to take out appropriate insurance, such as mortgage insurance or seek security or guarantees of third parties, besides other possible strategies. In general, the higher the risk, the higher will be the interest rate that the debtor will be asked to pay on the debt.
In this presentation, Anup Singh domain leader of SME Finance domain at MicroSave highlights the key opportunities for the banks in enhancing access to finance to SMEs and also retaining customers through provision of non-financial services. Amongst other things, the focus is on use of automation to enhance efficiency in the processes of SME finance, lower origination cost and reduce turnaround time in expanding access to finance to SMEs.
A new report by the Business Continuity Institute, supported by certification body NQA, has shown that 6 out of 10 organizations adopt ISO 22301. Organizations with strong top management commitment to standardising business continuity practice are four times more likely to adopt ISO 22301 than those who do not.
There are many reasons why an organization would want to embrace ISO 22301, most notably it provides assurance of continued service with 61% respondents identifying this as a significant reason. By certifying to the Standard, organizations can provide reassurance to their stakeholders that, in the event of a crisis, it will still be able to function.
Read the full survey report for more information on the business benefits of ISO 22301.
https://www.nqa.com/en-gb/resources/news/6-out-of-10-organizations-adopt-iso-22301
Transition matrices and PD’s term structure - Anna CornagliaLászló Árvai
A transition matrix is a square matrix describing the probabilities of moving from one state to another in a dynamic system. In each row there are the probabilities of moving, from the state represented by that row, to the other states. Thus each row of a transition matrix adds to one.
Credit risk refers to the risk that a borrower will default on any type of debt by failing to make payments which it is obligated to do. The risk is primarily that of the lender and includes lost principal and interest, disruption to cash flows, and increased collection costs. The loss may be complete or partial and can arise in a number of circumstances. For example:
• A consumer may fail to make a payment due on a mortgage loan, credit card, line of credit, or other loan
• A company is unable to repay amounts secured by a fixed or floating charge over the assets of the company
• A business or consumer does not pay a trade invoice when due
• A business does not pay an employee's earned wages when due
• A business or government bond issuer does not make a payment on a coupon or principal payment when due
• An insolvent insurance company does not pay a policy obligation
• An insolvent bank won't return funds to a depositor
• A government grants bankruptcy protection to an insolvent consumer or business.
To reduce the lender's credit risk, the lender may perform a credit check on the prospective borrower, may require the borrower to take out appropriate insurance, such as mortgage insurance or seek security or guarantees of third parties, besides other possible strategies. In general, the higher the risk, the higher will be the interest rate that the debtor will be asked to pay on the debt.
In this presentation, Anup Singh domain leader of SME Finance domain at MicroSave highlights the key opportunities for the banks in enhancing access to finance to SMEs and also retaining customers through provision of non-financial services. Amongst other things, the focus is on use of automation to enhance efficiency in the processes of SME finance, lower origination cost and reduce turnaround time in expanding access to finance to SMEs.
The outcome of this session will be as follow:
CV Vs. Resume ?
Why you need a resume?
What’s your Resume Journey?
6 Reasons make No one call you for an interview !!
The most things HR Look for in your resume within 10 Seconds?
What’s the perfect structure for your resume?
Write a basic Resume!
What're the common mistakes to avoid in writing Resume?
Guidelines for writing an impressive CV (resume) for applying for a job in the IT industry. Important topics discussed:
What Is a Resume?
Why We Need of a Resume?
Why We Need a Good Resume?
The Goal of a Resume
Success strategy in writing a CV
How to Stand Out?
Structure of a Typical Resume (CV)
With the success of the Training Tracker application developed by DATA Inc for a global healthcare leader, the client wanted to expand it to serve the entire organization. Find out how DATA Inc. worked with global stakeholders to deploy this solution organization wide to help streamline reporting of training activities.
''Qualtech consultants'', An ISO 9001:2008 certified as a leading professionally managed Business & Technolog solution company operating out of New Delhi, india engaged in the business of poroviding array of Business & technology solutions & ervices across Domains & platforms like Microsoft(Dot Net, VB, ASP), LAMP, RoR, Oracle, mySQL, MSSQL on Windows/Linux/Unix and AIX environments, Mobile Engineering etc for clients worldwide.
Saks Gloweli (“SG”) is a boutique advisory firm which brings a unique service to clients doing business in China and Asia Pacific by combining strategic and managerial consulting expertise with financial advisory and investment banking expertise.
Managing an advisory firm's compliance program can be costly. Can this expense also be viewed as an investment? Learn how your compliance efforts can help you manage your firm more effectively.
TrustedAgent GRC supports several initiatives within the Public Sector including FISMA, FedRAMP, cyber incident management, NIST SP 800-37 Rev 1., DIACAP and CNSSI-1253, and DIACAP to NIST RMF Migration. Additional TrustedAgent also streamlines activities related to DFARS 252.204-7012 and NIST 800-171.
