Risk Management & Control

Today banks and other financial institutions are more than ever concerned about robust risk management and internal control systems, as this is a fundamental requirement for the success of any financial institution. Senior management and board members want a deep understanding of their key business risks and how they are managed.

ADWISE™ works with financial institutions in designing and implementing tools, organizations and processes for risk management, internal control and internal audit. Our expertise covers:

Risk management: We cover all aspects of risk management in financial institutions and bring tested best practices in Credit risk, Market risk, Operational risk management. Our risk management services cover Credit Risk review function design, credit approval/underwriting strategies and scoring, credit risk assessment and analysis as well as policy and procedure development, end-to-end process redesign, ORM frameworks and many other services that in order to establish or improve your risk management practices.

Internal controls: We can help you in evaluation and assessment of risks and respective controls and design improvements to processes in order to set up adequate controls.

Internal audit: A strong and effective internal audit function is one of the most important indicators of sound corporate governance in financial institutions. Internal audit is a strong tool for the board and senior management to protect the financial institution and its reputation. We can help you build a truly effective internal audit function and practices by setting up and institutionalizing internal audit processes according to the international internal audit standards and best practices applied in banks.

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Lilit Gharayan

Head of business and banking advisory l.gharayan@adwise.am (+374) 91 349 499