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.
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3. RiskPro Highlights
Large talent pool of risk experts, consultants and
associate partners in India with deep domain skills for
domestic and global clients
11 service locations across Indian region with key
offices in New Delhi, Mumbai and Bangalore
Deep expertise in consulting with over 200 years
of cumulative consulting experience
Operating Groups: Risk-Advisory, Consulting,
Training & HCMS
Service Lines : Credit, Operational, Fraud Risks,
ERM, Regulatory Compliance, Outsourcing
Management, Corporate governance
We are fastest growing risk consulting company
and have realistic plans to capture coming
opportunities while competing with Big - 4’s for
superior, unmatched, low cost services to our
clients
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4. Our Network Presence
New Delhi
Agra
Ahmedabad
Kolkata
Mumbai
Pune
Salem
Bangalore
4
5. Risk Management Advisory Services
Basel II/III Advisory Corporate Risks IT Risk Advisory
Market Risk Enterprise Risk Assessment IS Audit
Credit Risk Fraud Risk IT Security
Operational Risk Risk based Internal Audit IT Assurance
Operations Risk IT Governance
SERVICES
ICAAP
Forensic 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
Insurance Risk
Training Recruitment
Banking – E Learning
Corporate Training Independent Directors- SME’s
Regular Risk Management Training Full Time Risk Professionals
Online Training material Part time Risk Professionals
Workshops / Events Virtual Risk Managers
AML / KYC, ISO standards- 31000
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6. Venture Capital/Private Equity- Perspective
Venture Capital is a form of “risk capital” that is invested in a business
where there is a substantial element of risk relating to the future
creation of profits and cash flows. Risk capital is invested as shares
(equity) rather than as a loan and the investor requires a higher "rate of
return" to compensate him for his risk.
Private Equity refers to equity or quasi-equity investments in high-
growth companies and includes buyouts, mezzanine financing,
privatization and public/ deals. The private equity asset class includes
venture capital, buyouts, and mezzanine investment activity.
Business Focus Areas
Venture capitalists focuses on investing in Private equity players largely provide
private, young, fast growing companies, mezzanine or bridge funding
more specifically as “entrepreneurial
businesses” with high growth prospects,
which are managed by experienced and
ambitious teams who are capable of
turning their business plan into reality
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7. We Understand Venture Capital Investment Process
Start
VC funds issue Letter of Intent for investment
and require investee companies to complete
On request by companies for release the
formalities for availing investment. which
Receipt of the proposals for investment either investment, VC funds, subject to compliance of
includes execution of legal agreements by
directly or through financial intermediaries by pre-disbursement conditions and achievement
Promoters/ Investee companies, passing of
VC fund of milestones stipulated for same, undertake
requisite Board/ Company's resolution,
investment in the company
obtaining approval of Govt. & other statutory
approvals for facilitating investment
Completion of due diligence, internal approvals VC funds regularly monitor functioning of
for investment, VC funds may modify or Investee companies, give inputs on strategic
Upon prospective deal evinces interest of VC plans and guide companies for optimizing their
funds, the Management Team is requested to stipulate such other conditions as are
considered appropriate by them for investment performance. VC funds also pursue the
present the Business model, unique aspects , Investee companies to orient their business
future prospects & investment proposal of the in the company and accordingly negotiate
changes/ modifications in the term sheet with plans & achieve performance targets to qualify
company for bringing out Initial Public offers (IPOs) and
the Entrepreneurs (also called Promoters)
get listed on stock exchanges for providing exit
from investment to VC funds
End
Once VC investor finds the deal as investible
VC fund assesses the quality & competence of proposition, a document containing terms of
Management team with a view to get proposed investment known as term sheet, is RISK CRITICAL PHASES
perspective on overall business prospects of devised and negotiated with promoters for their
investment proposal concurrence
- Preliminary discussions with promoters
- Submission of business plan by promoters
- Due-diligence/ Investment appraisal
Detailed due diligence of project is carried out VC funds take up the venture for detailed due-
to examine Business, financial and legal diligence after getting final concurrence of
aspects of proposed investment. During the Entrepreneurs on terms of proposed - Investment decision/ Further direction
process of due diligence, Assessment of investment negotiated with them. The detailed
requirement of funds, stages & quantum of due diligence of project is carried out by VC
investment and related milestones for funds themselves or assigned to independent
investment Advisors
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9. Helping you to protect your investments
Do you know the investee company well enough?
In addition to your due diligence, we will provide a pre-investment review of the company internal
processing framework, internal control status, accounting infrastructure, risk management tools,
how company identifies and mitigates business risks.
Has the transaction closed smoothly and is company ready to execute
business strategies effectively with new funding?
Ensuring that investment transaction is free from material risks
Is the company protected from risks after the investment?
Regular comprehensive review to provide comfort that the investee company recognizes all
risks, takes cognizance and takes necessary action
Implement important risk management frameworks, policies to help companies manage existing
and emerging business and other risks
Summary reporting of the finding to PE / VC company
Who pays for these risk reviews?
PE/VC company pays for these reviews. This is a value add expenditure that ensures smooth
running of investee company and helps to protect the value of investment
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10. Risk review of Existing and Potential Investment Companies
Value addition after
Risk review before Risk Management services
investment by periodic
investment at deal close and soon after
reviews
Evaluate and conclude on Proper accounting and Quarterly visit to investee
Business Risk, Project Risk disclosure of transaction by company to review
investee company operations, identify key risks
Review of existing controls and any risk management
and policy framework to Establishing a framework for issues
mitigate risks. Risk management at
investee company Help enhance internal
Governance, Management controls, risk management
Philosophy review Document key risk policy initiatives to ensure sound
business execution
Business and Accounting Implement a simple MIS
due diligence to ensure and Risk Analytics Provide quarterly reporting
proper accounting framework of findings to PE/VC firm
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11. Our model supplements your efforts
PE/VC firms have their own due diligence process, checklists and
requirements from investee company in terms of documents, regular
reporting etc.
Our reviews and services do not duplicate these. Instead, we undertake reviews of areas
specifically focused on risk and areas not covered by your processes.
As we interact with a number of investee companies and PE/VC companies, the review
checklists, methodologies and processes will mature and incorporate key review steps. You will
benefit from these refinements and targeted reviews in terms of providing early warning signals
and time saving.
How do we structure the team?
OPTION 1: Our team member joins your team to jointly perform initial and periodic reviews for a
comprehensive assessment.
OPTION 2 : We undertake the periodic reviews on our own and provide you with findings/
recommendations
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12. Governance, Risk and Compliance Offering Our GRC Approach
Company level
•Define Risk Appetite • Reputation Risk Scorecards • Scan of Emerging Risks
•Risk Scorecard • IT Governance
•Risk Heap maps • New Product Approval Policy
Governance Risk management Compliance
• Align Corporate Governance to • Risk assessment • Compliance Risk Policy &
global practices • Process and Control Review Framework
• Board Committee reviews • Insurance & Loss Alignment • Regulatory reviews and audits
• Review and enhance Risk • Incident Reporting Process & • Global regulation compliance
Governance Tool • Compliance Reporting
• Policy and Process Framework • Implementation of 20-30 top • Contractual Risk
• IT Governance Key Risk Indicators (KRI) • 3rd party audits of units
• Whistle Blowing Framework • Fraud Risk Management • Internal Control testing Tools
Services
Support Processes
• GRC Technology Implementation – Provide recommendations and select vendor for GRC Tool
•HR Policies and Processes to minimize people risk, frauds and strengthen succession planning
•Training and Awareness build up – Targeted and Ongoing training in areas of concern.
•E Learning Courses in Risk Management, Fraud Risk Management, Governance etc
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13. Forensic and Investigation services How we Do
Based on our understanding of your requirements, we have customized a package of our solution
offerings to meet your needs, which is detailed in the ensuing slides.
Based on our understanding of your requirements, we have customized a package of our solution
To detect and prevent fraud
offerings to meet your needs, which is detailed in the ensuing slides.
and evaluate Code Of Conduct Our Solution for you Benefits To You
Compliance on following Our Solution ForO you
Our Solution For you
parameters :-
Resolve Protects you from any
Fraud Detection Monterey or Reputational
Investigate Prioritize damage
Anti-Fraud Measures solutions and
remedial
Analyze Source Root measures
Code Of compliance
Monitoring Compliance and Auth cause of
orization Problem establishment
Understanding
Your Supply
Workplace Practice
Quantify Loss
Chain and Suggest
possible Actions
Enables you to identify
Background check for employees
Obtaining And risks / control gaps
securing
Evidence
Fraud Risk reviews To Monitor Your Helps you identify any
Solve
Process
Compliances undisclosed production
Issues
Confidential
Interviews
with vendors Risk Mitigation
Evaluating your
need
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14. Risk Based Internal Audit How we Do
Internal Auditing helps an organization
accomplish its objectives by bringing a Enterprise Risk
systematic, disciplined approach to evaluate Assessment
and improve the effectiveness of risk
management, control and governance
processes. Risk
Need of Organizations
Source: The Institute of Internal Auditors 1999 (IIA) Assessment
Process
Reviews
Fraud Benefits of Risk based Audit
Mitigation
• Traditional audit view value added
Control techniques
Reviews •Risk profile of Businesses
•Internal Controls & Ops Risk reviews
Transaction •Cost reductions recommendations
Audit •Review of Fraud Risk Controls
Increasing Enterprise Risk Focus
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15. Value Proposition
Enabling robust corporate/risk governance structure through out deal
process, and the leveraging of the collective experience of a disciplined
management team, to minimize risk at its very source.
Specialised venture capital knowledge, expertise and excellence through
VC database plus our exclusive alliances with internationally-renowned
venture capital and private equity firms.
A rich deal flow, professional advice, and active management support
from our team of experts, supported by the industry know-how and
experience of a network of strategic partners and technical associates.
Excellent understanding and technical awareness of venture capital
activities, and who guide your organization in a strict but pragmatic
manner to ensure full compliance with the rules and principles.
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16. Riskpro Clients Our Clients
*Any trademarks or logos used throughout this presentation are the property of their respective owners
16
17. 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
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18. 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.
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19. 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.
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20. 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.
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21. RESUMES - Our team Credentials
Co-founder- Riskpro
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.
Specialist Risk Consultant – ERP & IT Compliance
SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access
Gourav Ladha
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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22. RESUMES - PARTNERSHIPS Credentials
Consultant – Information Security & IT Governance
LLB, CA, CISA, CWA, CS, CFE and others
Anjay Agarwal
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
Consultant – Quality Management
Founder of PMG, a TQM Consulting Co in Delhi
Piyush Kumar
Mechanical Engineer
20+years experience in TQM concepts.
Strong skill set in various productivity & quality improvement projects including
Six Sigma offerings
Past experiences include reputed organizations like Andersen Consulting, Eicher
Consulting & Nathan & Nathan consultants
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23. 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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