1. 1
Risk Management Benchmarking Services
Riskpro, India

2. 2
Who is Riskpro… Why us?
ABOUT US
 Riskpro is an organisation of member firms
around India devoted to client service
excellence. Member firms offer wide range
of services in the field of risk management.
 Currently it has offices in three major cities
Mumbai, Delhi and Bangalore and alliances
in other cities.
 Managed by experienced professionals with
experiences spanning various industries.
MISSION
 Provide integrated risk management
consulting services to mid-large sized
corporate /financial institutions in India
 Be the preferred service provider for
complete Governance, Risk and Compliance
(GRC) solutions.
VALUE PROPOSITION
 You get quality advisory, normally delivered
by large consulting firms, at fee levels
charged by independent & small firms
 High quality deliverables
 Multi-skilled & multi-disciplined organisation.
 Timely completion of any task
 Affordable alternative to large firms
DIFFERENTIATORS
 Risk Management is our main focus
 Over 200 years of cumulative experience
 Hybrid Delivery model
 Ability to take on large and complex projects
due to delivery capabilities
 We Hold hands, not shake hands.

3. 3
Risk Management Advisory Services
Training Recruitment
Basel II/III Advisory
 Market Risk
 Credit Risk
 Operational Risk
 ICAAP
Corporate Risks
 Enterprise Risk Assessment
 Fraud Risk
 Risk based Internal Audit
 Operations Risk
 Forensic services
Information Security
 IS Audit
 Information Security
 IT Assurance
 IT Governance
Operational Risk
 Process reviews
 Policy/ Process Review
 Process Improvement
 Compliance Risk
Governance
 Corporate Governance
 Business Strategic risk
 Fraud Risk
 Forensic Accounting
Other Risks
 Business/Strategic Risk
 Reputation Risk
 Outsourcing Risk
 Contractual Risk
 Banking – E Learning
 Corporate Training
 Regular Risk Management Training
 Online Training material
 Workshops / Events
 Virtual Risk Managers
 Full Time Risk Professionals
 Part time Risk Professionals
 Risk Managers on call – free
SERVICES

4. 4
Riskpro’s Network Presence
New Delhi
Mumbai
Bangalore
Ahmedabad
Pune
Agra
Salem
Kolkata
Hyderabad
Chennai
Jaipur

5. 5
Risk Management Benchmarking Methodology
 Why Benchmark
 Necessary to evaluate your risk management framework vis a vis competition to ensure
minimal financial and reputation losses or atleast losses should not exceed industry
average
 To plug loop holes that management knows exist, and to indentify more of such gaps
 A comprehensive exercise mandated by the Board to carry out a major revamp of old and
outdated risk management framework
 to understand how divisions or programs compare internally or to industry standards
 To minimise overlaps with internal audit, compliance, to bring efficiencies and better
integration of overall GRC framework
 How Benchmarked
 Benchmarking to International Best practice - The risk management process will be
compared with and measured against world wide best practice and international risk
management standards
 Risk Management Maturity Models will be used to evaluate the exiting maturity of risk
frameworks and where the firm needs to evolve to.
 Benchmarking exercise will assess all aspects of the risk management process by
reviewing documentation, reports etc and interviews with key personnel

6. 6
Benchmarking Overview – Evaluation of Risk Management
Framework
Define Scope
1.Only Holding company or
all entities across the group
2. Gap Analysis only or
process improvement along
the way
Execution of
Benchmarking Procedures
1. Perform agreed procedures
2. Frequent interaction to share
results and findings
3. Stay focused on value added
procedures
Reporting Findings
1. Final report
2. PPT presentation to
Senior Management
3. Further related advisory

7. 7
Risk Management Benchmarking Procedures applied
A. Risk Management Strategy and
Governance
1. Evaluation of risk strategy against best
practices
2. Risk Appetite Framework
3. Adequacy of risk management standards
and frameworks adopted
4. Linkage to Corporate and business
objectives with risk appetite
5. Setup of risk governance and effective of
committees/charter
6. Risk culture and training, awareness
7. Adoption of relevant regulatory requirement
such as AML/KYC, Risk reporting and
disclosure
8. Review of internal audit reports on risk
management function
B. Risk Identification and Evaluation
1. Methods used to identify risk
2. Sources of risk, level of inherent risk
3. Extent to which risks have been identified
at the appropriate level
4. Risk definitions – including use of inherent
(gross) and residual (net) risks
5. Categories of Risk and how determined
6. Risk workshops – approach used
7. Use of scenario planning
8. Advanced models to gauge risks
9. Measuring the impact and the likelihood of
occurrence of each risk
•Approach adopted
•Risk matrix – evaluation against best practice
•How has the approach ensured consistency
•Ease of understanding by managers using the
process
•Reliability of the information gathered

8. 8
Risk Management Benchmarking Procedures applied
C. Assessment of Risk Mitigation
1. Approach adopted – workshops or other
approach
2. Risk Assessment – Adequacy of frequency
and output of top risks
3. Method employed to assess risk mitigation
4. Identification of risk exposures
5. Establishment of action plans.
6. Risk treatment analysis – how have the
cost/ benefits of dealing with exposures /
exploiting opportunities been assessed?
7. Proper escalation and communication of
alerts, triggers of breaches
D. Output from the Risk Process
1. Risk register – method adopted
2. Completeness of risk registers
3. How has consistency been ensured
4. Approach adopted to deal with anomalies
5. Risk owners – how have these been
determined
6. How risk interdependencies have been
addressed
7. Reports for Senior Management
8. Board reporting to review progress in
addressing the exposures – method
adopted
9. Methodology for emerging risks
10. Risk disclosures – Regulatory and
voluntary

9. 9
Risk Management Benchmarking Procedures applied
E. Risk Principles and Risk
Culture embedding
1. Approach adopted – workshops or other
approach
2. How have corporate risks been linked into
the Strategic planning process
3. Has the process been adopted across the
organisation?
4. How have operational risks into the
business planning process
5. Approach adopted for risk tracking
6. How has the decision making process
been influenced by the adoption of the
formal risk management process?
7. What benefits have been delivered?
8. Integration of incident management
9. Integration of Business Continuity planning
10. Have risk champions been identified via
the process?
F. Project Wrap up and Reporting
1. Final report with our major and moderate
findings
2. Below each finding, a recommended
improvement suggestions will be provided
3. An overall list of minor issues noted will be
attached as Annex
4. Final presentation to Board/Senior
Management on the project
5. Undertaking additional assignments as a
follow up of the report, depending upon the
future scope agreed upon.

10. 10
Project Summary – Estimated Costs
Risk Component Estimated Duration Estimated Pricing
Risk Management Benchmarking 4-6 weeks To be finalised after
discussions of scope
TOTAL (exclusive of Service tax) TBD
Project Exclusions
 Scope of our assignment will be as mentioned in the detailed proposal that we will submit to
you. The benchmarking methodology is an illustration of the types of procedures carried out for
various benchmarking exercise. Depending upon the project scope and budget, final
procedures will be part of the engagement letter
 In particular, the following are not in scope for the current proposal.
 Formulation or enhancement of any policy, process note or procedure documents
 Implementation of any risk management component is excluded. Example Enhancing risk
registers, creating risk reports, MIS information etc
 Existing regulations will be used as a benchmark.

11. 11
Riskpro’s other
Services

12. 12
Risk Management Trainings – Delivery Methods
Onsite- Instructor Led Online- Web based Webinars
 Corporate Institutional trainings
for senior management with
strategic interest areas
 Classroom trainings for junior/
mid level executives
 Delivered by knowledgeable
experts across industry
domains
 Multi city delivery capability for
training to large audience
 Suitable for frontline staff for
induction and onboarding
requirements
 Delivered live by experts
providing topic outline
framework
 Low cost model at regular
intervals or fixed duration e-
learning platform
 Interactive webinars on hot
topics or customized areas for
global access audience
 Complimentary or Recorded
versions for self paced re-cap
and reference
 On demand services with select
topics
 Conducted by industry experts
with Q&A session

13. 13
Our Recruitment services
Full Time Staffing
 Riskpro is constantly building its network of Risk Professionals across India
 Today, we can help you hire risk professionals at all levels of experience
 We differentiate from other recruitment firms, because, as Risk Managers ourselves, we
are able to better match your requirements and candidate experience
 Our charge out rates are competitive
 Slab rates. As we do more business with you, the rates come down.
Temporary Staffing - The Project Team
 Pool of highly qualified staff with deep risk expertise
 Available for your short to medium term needs
 Varying levels of professionals available. Experience starting from 4 years to 20 years.
All will have CA, ICWA or equivalent qualification.
 The Project employees pool will be available as per your needs and the employees on
site can start/stop projects as per your master project plan.
RECRUITMENT

14. 14
Risk Based Internal Audit How we Do
Transaction
Audit
Control
Reviews
Process
Reviews
Risk
Assessment
Fraud
Mitigation
Enterprise Risk
Assessment
Increasing Enterprise Risk Focus
NeedofOrganizations
Internal Auditing helps an organization
accomplish its objectives by bringing a
systematic, disciplined approach to evaluate
and improve the effectiveness of risk
management, control and governance
processes.
Source: The Institute of Internal Auditors 1999 (IIA)
Benefits of Risk based Audit
• Traditional audit view value added
techniques
•Risk profile of Businesses
•Internal Controls & Ops Risk reviews
•Cost reductions recommendations
•Review of Fraud Risk Controls

15. 15
Our Solution for Fraud Investigation
Based on our understanding of your requirements, we have customized a package of our
solution offerings to meet your needs.
To detect and prevent fraud
and evaluate Code Of
Conduct Compliance on
following parameters :
 Fraud Detection
 Fraudulent Vendor
 Recruiting new dealers,
suppliers, franchisees or
distributors
 Anti-Fraud Measures
 Monitoring Compliance and Aut
horization
 Workplace Practice
 Background check for
employees
 Background check for
customers
 Prevent default of high value
bills
Our Solution For you
Analyze
Investigate
Resolve
Understanding
Your Supply
Chain
To Monitor Your
Process
Evaluating your
need
Source Root
cause of
Problem
Obtaining And
securing
Evidence
Confidential
Interviews
with vendors
Prioritize
solutions and
remedial
measures
Quantify Loss
and Suggest
possible Actions
Solve
Compliances
Issues
Benefits To You
 Protects you from any
Monetary or Reputation
damage
 Code of conduct
establishment
 Enables you to identify
risks / control gaps
 Helps you identify any
undisclosed production
 Risk Mitigation
How we Do

16. 16
IT Governance How we Do
IT ASSURANCE
• Business Continuity Planning
• Computer Crime Investigations
• Training in IT
• Compliance with IS Policies &
Procedures
INFORMATION SECURITY
• Penetration Testing
• Application Systems - Security review
• Review of IS Controls
• BS 7799 / (ISO 27001) Implémentation
• Formation of IS Security Policy
• Compliance with IS Policies & Procedures
IT GOVERNANCE
• COBIT
• ValIT
• Balanced Scorecard
• IT & Business Maturity Models
IS AUDIT
• Operating Systems Audit
• Database Audit
• Networking Audit
• Firewall Audit
• IDS Audit
• Web Application, Data Center Audit
• Internet Banking, Core Banking Audit
• Performance & Forensic Auditing
•Application Systems - Functional review
• Compliance with IS Policies & Procedures

17. 17
Riskpro Training Credentials - Example
Company Training Details
 One Day Fraud Risk Training in the Factoring Business
 In-depth understanding of fraud schemes, fraud prevention measures
 One Day Risk Management Training / ISO 31000 Training
 Enterprise Risk Management Training with a focus on Strategic Risk,
Reputation Risk and Outsourcing Risk
 One Day intensive Enterprise Risk Management Training at Sanand,
Gujarat
 Training Led by Ex Head – Corporate Risk Management Larsen & Toubro
 Half day session on Managing Corporate Governance Risks at the Board
level
 Similar trainings and programs at other public forums such as
ASSOCHAM
 Half Day training on Key Risk Indicators at Corporate Office
 How to successfully choose effective KRI and implement leading and
lagging KRI
 One Day training on Corporate Fraud Risks at the Company’s offsite
 Numerous case studies and interactive sessions

18. 18
Riskpro Clients Our Clients
*Any trademarks or logos used throughout this presentation are the property of their respective owners
Banking/
Insurance
Corporate
MNC
Banking
Intl
Consulting
IT / Others

19. 19
Team Experiences Our Experiences
Any trademarks or logos used throughout this presentation are the property of their
respective owners
Our team members have worked at world class Companies

20. 20
RESUMES – Our team
 Co-Founder - Riskpro
 CA, CPA, MBA-Finance (USA), FRM (GARP)
 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)
ManojJain
 Co- Founder - Riskpro
 CA (India), MBA (Netherlands), CIA (USA)
 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.
RahulBhan
Credentials

21. 21
RESUMES - Our team
 Co-Founder - Riskpro
 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,
CasperAbraham
Credentials
 Senior Vice President – Risk Management (Fraud Risk, BFSI)
 MBA, PDFM, NSE-NCFM, PMP, CSSGB,Trained ISO 9001:2000 I.A
 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 Fraud Risk areas across Credit, Corporate Risk
management.
 Specializes in Fraud Control, Compliance QA ,ERM and Regulatory governance.
HemantSeigell

22. 22
RESUMES - Our team
 Head – Taxation Risk Advisory
 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.
RajeshJhalani
Credentials
President – Banking & Financial Services
 A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics),
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
Sivaramakrishnan

23. 23
RESUMES - Our team Credentials
 Vice President & Head – IT Risk Advisory
 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
AashishShrivastavRavikiranBhandari
 Vice President – Legal Risk Advisory
 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.

24. 24
RESUMES - Our team Credentials
PhanindraPrakash
 Vice President – Riskpro India
 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,
 EVP and Head – Telecom Risk Advisory
 M.Tech, IIT Kharagpur, India; IES; Doctoral study, research and teaching in Linkoping
University/Sweden; Lead Auditor (BVQI).
 Over 30 years on International experience in networks and mobile Handsets from top
global companies /institutes like ISRO, Ericsson, Nokia, Nokia Siemens Networks and
based mostly in its head quarter locations in India, EU, USA.
 Expertise: Setting up capability, behaviour, culture in turning Risk, Quality, Innovation for
competitive advantage, customer delight and sustainability; key skill sets are Engagement,
Handholding, Coaching, Mentoring and lot of best practices, benchmarking/standards like
CMMI, TL9000, Six Sigma, ISO, SAS 70 etc.
AsokSit

25. 25
Executive Vice President – Risk Management ( Banking & Financial Services)
 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.
VijayanGovindarajanRESUMES - Our team Credentials

26. 26
RESUMES - Our team Credentials
SiddharthaGhosh
 Executive Vice President – Riskpro India
 CPA (USA), ACA, ACS, Grad CWA (India), MBA (USA), Associate ICPAS (Singapore)
 Over 25 years of extensive audit and industry experience which includes 19 years with
Rolls-Royce India Pvt Ltd at New Delhi and its associate and parent companies of Rolls-
Royce in UK, USA and Singapore in all aspects of Finance, Taxation, Audit, Banking, Legal,
Company Secretarial, Statutory compliances and due diligence, Internal Control, ESOP,
Budgets, Cashflows, Forecasts, MIS Reporting, HR, Expatriate & Office Administration,
Payroll, IT, Retirement Funds Administration, Shared Services, Project Accounts, etc.
 Worked with Price Waterhouse Coopers for 4 years with reputed MNCs, banks, Indian
corporate houses
 Worked with McNally Bharat Engineering Company Ltd for 4 years
PritiTawari
 Vice President – Riskpro India
 B. Com, ACA, Dip. IFRS
 Over 6 years of extensive audit and industry experience in all aspects of Finance, Taxation,
Audit, Legal, Company Secretarial, Statutory compliances and due diligence, Internal
Control, Budgets, Cash flows, Forecasts, MIS Reporting, HR, Expatriate & Office
Administration, Payroll, IT, Project Accounts, etc.
 Worked with Price Waterhouse Coopers for 3 years in audit & assurance for reputed
MNCs, Indian corporate houses.
 Engage in own practice since 2010 specialize in outsourcing of finance department in mid
size MNCs and consultation in Indirect Taxes and Management Reporting

27. 27
RESUMES - Our team Credentials
ManojKumar
Senior Vice President
CAIIB
20 Years of hard core banking experience in India’s most reputed banks
across wide functional areas.
Worked with Central Bank of India, ICICI Bank, HDFC Bank, and Axis
Bank as Asst Vice President, Cluster Head, and Branch Head.
Areas of expertise are Financial Risk Management, NPA-Credit-Debt
Management, Asset Reconstruction, Project Finance, and others.
Accomplished several achievements in the functional areas of banking.

28. 28
Key Contacts
Corporate Mumbai Delhi Bangalore
Riskpro India Ventures (P)
Limited
info@riskpro.in
www.riskpro.in
F 186, Sarita Vihar
New Delhi 110076
Manoj Jain
Director
M- 98337 67114
manoj.jain@riskpro.in
Shriram Gokte
EVP - Risk Management
M- 98209 94063
shriram.gokte@riskpro.in
Sivaramakrishnan
President – Banking & FS
M- 98690 19311
smaran.iyer@riskpro.in
Rahul Bhan
Director
M- 99680 05042
rahul.bhan@riskpro.in
Hemant Seigell
SVP – Risk Management
M- 99536 97905
hemant.seigell@riskpro.in
Casper Abraham
Director
M- 98450 61870
casper.abraham@riskpro.in
Vijayan Govindarajan
EVP – Risk Management
M- 99166 63652
vijayan.govindarajan@riskpro.in
Ravikiran Bhandari VP – IT
Risk Advisory
M- 99001 69562
ravikiran.bhandari@riskpro.in
Ghaziabad / Noida Chennai Kolkata Gurgaon
Siddhartha Ghosh
EVP - Finance
M- 9810058072
Siddhartha.Ghosh@riskpro.in
R Gupta - Insurance Risk
M- 98101 07387
R. Muralidharan
EVP – Risk Management
M- 95660 77326
murali@riskpro.in
Kashi Banerjee
EVP – Risk Management
M- 98304 75375
kashi.banerjee@riskpro.in
Nilesh Bhatia
Head – Human Capital Mgt.
M- 98182 93434
nilesh.bhatia@riskpro.in
Asok Sit
EVP – Telecom Risk Advisory
M- 98105 03463
asok.sit@riskpro.in
Pune Salem Ahmedabad Hyderabad / Agra
M.L. Jain
Principal – Strategy Risk
M- 98220 11987
mljain@riskpro.in
Priti Tawari
M- 9011054085
Chandrasekeran
Recruitment franchisee
M – 94435 99132
Manoj Kumar
M – 98983 65320
Maulik Manakiwala
M – 98256 40046
Gourav Ladha
Phanindra Prakash (Hyderabad)
Member Firm
M- 95500 61616
Alok Kumar Agarwal (Agra)
Member Firm
M- 99971 65253