Services for managers of a governance function

  • Set up, restructure or integrate internal audit, risk management or compliance departments home or abroad
  • Define or optimise processes for risk analysis, monitoring and reporting
  • Restructure departments including change management and personal development programs
  • Ensure compliance with legal and regulatory requirements, such as Solvency II and Bale III
  • Prepare reports for the Board or Audit Committee

Are you the responsible manager of a governance function or new in this position? Do you like to increase the added value of your function, to market this internally, to become more attractive for talents? Would you like to reposition your function towards a higher customer orientation? Do you want to ensure the compliance with external requirements?
Do you want to integrate different departments of a group?

I can help you with my vast experience in the restructuring and the integration of governance functions. I will be your coach or act as project leader. Together we will develop a target model according to the risk profile of your company, which is geared to the expectations of your customers. 

The target model will also comprise change management processes embarking your team on your journey, and personal development programs supporting and ensuring the sustainability of the change. It aims to position your function as flexibel and constructive contact for all questions regarding risks and opportunities and as a preferred employer.

 

 

Approach

1. Step:

  • Assess the maturity of the existing risk management system based on the HJB Risk-Maturity Model
  • Identify key risk given the critical success factors and the risk appetite of the company
  • Develop the target model for your area of responsibility considering the expectations of your customers and other stakeholders

2. Step:

  • Define the processes and organisation needed
  • Analysethe gaps and determine the actions
  • Implement the processes including a customer oriented reporting
  • Select and implement an IT-solution if needed
  • Design a change management process embarking the team and communicating the change into the organisation

Depending on your requests only certain aspects of these steps may be adopted.

Example

Restructuring of an internal audit department aiming at an increasing quality and efficiency

Projekt: 

  • Analysis of the existing risk management system based on the HJB Risk-Maturity Model
  • Evaluation of the existing organisation and processes and the competences of the Internal Audit staff
  • Designing new processes for planning, auditing and follow-up as well as reporting
  • Implementation of a personal development program enhancing the competences and making Internal Audit more attractive for talents