The key objective of PwC’s “Risk Manager” technique is to assist clients in the Investment Management Industry establish and maintain a robust Compliance Framework to identify, assess, report and resolve Compliance Risks and Issues.
“Risk Manager” focuses on strategy, people, processes, policies, controls and technologies essential to address Risk and Compliance issues appropriately. It develops a Road Map to implant Best Practice into the Culture if an operation.
“Risk Manager” recognises that active engagement rather than monitoring is now essential in setting and achieving Risk Management and Compliance Objectives that focus on balancing risk with return, mitigating loss and eliminating operational surprises.
Aims
- To evaluate Risk Management and Compliance Strategy & Policy
- To assess the quality and visibility of Board & Management Oversight
- To review Risk Identification and Assessment methodology
- To evaluate Reporting, Accountability, Resolution and Enforcement processes
- To identify Gaps or Weaknesses in Framework that could lead to Compliance Failure
- To promote Best Practice in Risk and Compliance Processes
