SlideShare ist ein Scribd-Unternehmen logo
1 von 38
Downloaden Sie, um offline zu lesen
Fraud Management- Risk Consulting Services




    Riskpro India Ventures (P) Limited
            New Delhi, Mumbai, Bangalore




                          1
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.

                                                      2
Riskpro’s Network Presence




                                          New Delhi



                                     Agra
                      Jaipur


              Ahmedabad
                                                        Kolkata
               Mumbai


                           Pune

                                            Hyderabad
               Bangalore


                                            Chennai


                                  Salem



                                              3
Fraud Risk Management- Context Setting




 Business different
                                         Effective risk management
 elements have risks
                                         is a collective effort at a
 associated which needs to
                                         organizational level to
 be identified and action
                                         reduce potential threats
 plan put in place to mitigate
                                         and protect bottom lines of
 and reduce potential loss
                                         business
 occurrence



                                 4
Fraud Occurrence - Conditions

                         Financial Pressures
                         Personal Habits (Gambling, Drug, Alcohol)
                         Work-related Factors (Overworked, Underpaid, Not Promoted)
                         Achieve Financial Results (Bonus, Compensation)
                         Insufficient Working Capital, High Debt Level, Credit Difficulties


                                               Pressures

           Fraud Triangle



                         Opportunities
                                                $             Rationalization

        Poor Internal Controls                           I am only borrowing the money and will pay it back
        Low Fraud Awareness                              Nobody will get hurt
        Treat Fraudster With Leniency                    The organization treats me unfairly and owes me
        Rapid Turnover of Employee                       It’s for a good purpose
        Use of Many Banks                                It’s only temporary, until operations improve
        Weak Subordinate Personnel
        Absence of Mandatory Vacations


                                                        5
Fraud Risk – Diagnostics Process

    Identify Key                                                       Agree on Expectations and
     Fraud and                                                                Deliverables
   Integrity Risks


   Source Fraud and                              Assess Fraud and Integrity Risk
    Integrity Risks

                                                   Evaluate and Improve Fraud and
  Measure Fraud and                                    Integrity Risk Controls
   Integrity Risks

                                                            Provide Change
                          Evaluate Existing                  Management
  Reject, Transfer and   Fraud and Integrity
     Retain Risks          Risk Controls
                                                             Communicate
                                                               Results
                           Design Improved                                                Exceed
                          Fraud and Integrity
                             Risk Controls


                           Build Improved              Fraud Risk Diagnostic Process is designed to :
                          Controls Into Client
                              Processes
                                                       - Prevent/Deter/Detect/Investigate Fraud Risk
                                                       - Reduce Fraud Risk to an acceptable level
                                                       - Improve your “ Bottom Line”




                                                   6
Fraud Risk - Business Services Spectrum




                                       Fraud Risk Services




       Business Fraud                    Business Fraud                   Business Fraud
     Investigation Service              Risk Management                   Hot Line System

   Fraud Investigation Service      Fraud Risk Diagnostic            Whistleblower Service
   Anti-Money Laundering            Fraud Risk Prevention Service
   Intellectual Property Service    Ethics & Anti-Fraud Program
   Corporate Intelligence



                                                    7
Our ForensicsServices - Process Overview
  Forensic & Fraud Investigation Life Cycle Services

                                                                                                                                        Business          Legal and
                                                      Fraud          Fraud Risk       Background        Litigation     Corporate
                                                   Investigation    Management                                                          Ethics &         Regulatory
                                                                                      Verification       Support      Intelligence
                                                                                                                                                         Compliance
                                                                                                                                        Integrity
Assessment  Investigation Analysis Reporting




                                                  Cyber Crime          IT Risk       Past Records     IT Evidence    Vital                 Vendor
                                                                     Diagnostic       Verification     Collection    Information          Monitoring       Sarbanes
                                                  Investigation                                                                                             Oxley
                                                   & Response                                                        Collection
                                                                   Organizational    Education          Business                                          compliance
                                                                      Culture                                        related to         Vendor/Third
                                                                                     Verification     Interruption                      Party Program
                                                                    Assessment
                                                   Forensics                                             Claims       Business
                                                   Analysis &                        Employment                                           Vendor/3rd       Clause 49
                                                                                                                      Dealers              Party            SEBI
                                                   Reporting         Internal IT     Verification
                                                                   Control & Risk                    IPR Disputes                        Assessment       compliance
                                                                                                                      Franchisees
                                                                      Analysis
                                                   Forensics &                        Reference
                                                                                      Verification
                                                                                                                      Distributors        Code of
                                                  Investigation                                                                                           FCPA(Forei
                                                                      Security &                     Joint Venture                         Conduct
                                                    Process                                                           Suppliers                          gn Corrupt
                                                                   Privacy Program                    Partnership
                                                     Design/                                                          & Service                             Practice
                                                                                       Criminal        Disputes                          IT Governance      Act) act
                                                  Implementati                                                        Providers
                                                                     Data Loss        Verification                                       (COSO/COBIT)
                                                       on                                                                                                  USA 1973
                                                                     Prevention                                       Organization         Design &
                                                                                                                       to be acquired   Implementation
                                                   Accounting                          Address       Complex Case
                                                                     Anti-Fraud                                        or merged                            KYC -
                                                     Fraud                            Verification    Management
                                                                    Measurement                                                            Procall          Banks
                                                  Investigation




                                                                                            Training & Education


                                                                                                          8
Fraud Management- Risk Consulting Components



     Loss Prevention         Risk Intelligence    Business Ethics




                                                   Background
      Anti-Corruption        Whistle Blowing
                                                    Screening




                                                    Fraud Risk
     Vendor Screening       Forensics Services
                                                   Management




                                                   Investigative
   Internal Risk Controls   Litigation Services
                                                    Accounting



                                       9
Loss Prevention
                                              Industry Alignment
      Employee Behavior                  Banking
                                                          Automotive
                                    Financial Services
                                                           Telecom
                                        Insurance
       Customer Service

                                       Real Estate       Infrastructure
        Employee Theft

             Waste                      Pharma/
                                                             Retail
                                        Bio-tech

      Poor safety practices

                                         Energy            Securities
   Bad accounting procedures


                               10
Risk Intelligence
                                       Industry Alignment

        Geopolitical              Banking
                             Financial Services
                                                   Automotive

         Surveys                 Insurance
                                                    Telecom




       Risk Profiling           Real Estate       Infrastructure




     Criminal Suspect            Pharma/
                                                      Retail
         Profiling               Bio-tech




       Investigations             Energy            Securities




                        11
Business Ethics
                                           Industry Alignment
                                      Banking
        Due Diligence            Financial Services
                                                       Automotive
                                                        Telecom
                                     Insurance

       Corporate Social
        Responsibility
                                    Real Estate       Infrastructure


       Ethical Assurance
                                     Pharma/
                                                          Retail
                                     Bio-tech
        Ethical Investing

        Business Ethics               Energy            Securities
           Training

                            12
Anti-Corruption
                                                            Industry Alignment
      Anti-Corruption Compliance &                     Banking
              Investigations                                            Automotive
                                                  Financial Services
                                                                         Telecom
                                                      Insurance
     Policy & Procedure Design & Review


                                                     Real Estate       Infrastructure
      Investigative Due Diligence & Risk
                  Assessment



     Investigate Allegations of Corruption            Pharma/
                                                                           Retail
                                                      Bio-tech

     Compliance with Accounting & Internal
                   Controls


                                                       Energy            Securities
       International Presence & Capability




                                             13
Whistle Blowing
                                                                  Industry Alignment
        Management information source                        Banking
                                                                              Automotive
                                                        Financial Services
                                                                               Telecom
    Proactive approach – Establishing , enabling            Insurance
                   timely action


     Reduction in crime perpetrated against the
                     corporation                           Real Estate       Infrastructure


             Improved Labor relations

                                                            Pharma/
     Loss recovery due to theft, fraud & crimes                                  Retail
                                                            Bio-tech


            Awareness Culture creation

                                                             Energy            Securities
            Caller Information Advisory




                                                   14
Background Screening
                                              Industry Alignment
                                         Banking
     Employee screening             Financial Services
                                                          Automotive
                                                           Telecom
                                        Insurance

       Senior executive
          screening
                                       Real Estate       Infrastructure

      Periodic employee
          screening
                                        Pharma/
                                                             Retail
                                        Bio-tech
    Substance abuse testing

    International background             Energy            Securities
            screening


                               15
Vendor Screening
                                                            Industry Alignment
   Family & Business history of promoters              Banking
                                                                        Automotive
                                                  Financial Services
                                                                         Telecom
    Financial Strength of Promoters or the            Insurance
                   Vendor


       Regulatory Compliance History                 Real Estate       Infrastructure


         Criminal Records verification

                                                      Pharma/
              Market Reputation                                            Retail
                                                      Bio-tech


      Reference Checks with other Clients

                                                       Energy            Securities
             Vendor Due Diligence




                                             16
Forensics Services
                                           Industry Alignment
                                      Banking
                                                       Automotive
       Disputes support          Financial Services
                                                        Telecom
                                     Insurance



     Forensic accounting            Real Estate       Infrastructure
         & Analysis

                                     Pharma/
        Investigations               Bio-tech
                                                          Retail




     Technology Solutions             Energy            Securities




                            17
Fraud Risk Management
                                             Industry Alignment
                                        Banking
     Operational Reviews                                 Automotive
                                   Financial Services
                                                          Telecom
                                       Insurance
     Investigative services
                                      Real Estate       Infrastructure
     Project Management

     Training & Awareness              Pharma/
                                                            Retail
                                       Bio-tech

         Data Analysis
                                        Energy            Securities
      Interim Management


                              18
Internal Risk Controls
                                                        Industry Alignment
     Internal Audit strategic sourcing             Banking
                                                                    Automotive
                                              Financial Services
                                                                     Telecom
                                                  Insurance
       Enterprise Risk Management


       Regulatory compliances (SOX)              Real Estate       Infrastructure


           Contract compliance

                                                  Pharma/
          Corporate Governance                                         Retail
                                                  Bio-tech


           Continued Monitoring

                                                   Energy            Securities
           Integrated Assurance



                                         19
Litigation Services
                                            Industry Alignment
                                       Banking
     Bankruptcy Litigation                              Automotive
                                  Financial Services
                                                         Telecom
                                      Insurance
    Commercial Litigation
                                     Real Estate       Infrastructure
     Intellectual Property

       Insurance Claims               Pharma/
                                                           Retail
                                      Bio-tech

     GAAP related support
                                       Energy            Securities
      Computer Forensics


                             20
Investigative Accounting
                                                     Industry Alignment
     Effective controls for fraud               Banking
              detection                                          Automotive
                                           Financial Services
                                                                  Telecom
                                               Insurance
         Financial fraud and
           embezzlement
                                              Real Estate       Infrastructure
      Determination of economic
              damages

          Financial modeling                   Pharma/
                                                                    Retail
                                               Bio-tech

     Determination of change in net
                 worth

                                                Energy            Securities
         Insurance claims fraud



                                      21
Fraud Risk - Analysis & Management

                        Risk Analysis



        Risk               Risk             Risk
     Assessment         Management        Monitoring

                                            Process
       Identification       Control It
                                             Level


                            Share or         Activity
      Measurement
                           Transfer It        Level


                           Diversify or
       Prioritization                      Entity Level
                             Avoid It

                                  22
Our Approach

                                                           Protects you from any Monetary or
                                                            Reputation damage

                                                           Ensures that the Code of Conduct is
                                           Report           understood, followed and not violated
                             Resolve
                                                           Enables you to identify risks / control gaps
               Investigate
                                                           Helps you identify any undisclosed
                                                            production
     Analyze
                                                           Risk Mitigation
                          Riskpro

                                                           Process Improvement & Reengineering
                        End to End
                         Solutions                         Improved Corporate & IT Governance

                    Integrated Financial                   Evaluate & Classify Third Party Risk
                         Solutions
                                                           Monitor and verify security controls
                 Reasonably priced quality                  contracted to business vendors
                        services
                                                           Mitigation of vendor service delivery risk
        High Quality Deliverables with experienced
                      professionals

                                                     23
Our Risk Consulting - Value Proposition


     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                Our Solution For you
     and    evaluate   Code   Of                                                                 Benefits To You
     Conduct     Compliance   on
     following parameters :                                                                      Protects you from any
      Fraud Detection                                                                            Monetary or Reputation
                                                                             Resolve              damage
      Fraudulent Vendor                                     Investigate        Prioritize
      Recruiting      new      dealers,                                      solutions and
                                                                                remedial         Code of conduct
       suppliers,     franchisees     or       Analyze                         measures
                                                              Source Root                         establishment
       distributors                                            cause of
                                                               Problem
      Anti-Fraud Measures                 Understanding
                                            Your Supply
                                                                                                 Enables you to identify
                                                                              Quantify Loss
      Monitoring Compliance and Aut          Chain                           and Suggest         risks / control gaps
                                                                             possible Actions
       horization                                            Obtaining And
                                                               securing
                                                               Evidence                          Helps you identify any
      Workplace Practice
                                           To Monitor Your                                        undisclosed production
      Background check for                   Process                            Solve
                                                                              Compliances
       employees                                                                Issues
                                                                                                 Risk Mitigation
                                                              Confidential
      Background check for                                    Interviews
                                                              with vendors
       customers
                                           Evaluating your
                                               need
      Prevent default of high value
       bills
                                                               24
Riskpro Clients                                                                                    Our Clients


Banking/
Insurance




Corporate
MNC




Banking
Intl




Consulting
IT / Others




                      *Any trademarks or logos used throughout this presentation are the property of their respective owners
                                                      25
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
                                                                     26
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.


                                                      27
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.



                                                             28
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.



                                                            29
RESUMES - Our team                                                                              Credentials

                       Head – Taxation Risk Advisory
 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.

                    President – Banking & Financial Services
                       A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics),
 Sivaramakrishnan




                        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


                                                             30
RESUMES - Our team                                                                          Credentials

                  Executive Vice President – Risk Management ( Banking & Financial Services)
                     A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable
                      domestic and international experience
 Kashi Banerjee



                     An aggregate experience of 24+ years across industry, mainly BFSI in several
                      functional areas including Retail and Commercial Banking, Corporate Lending, team
                      member of the Business Process Re-Engineering project (BPR); conceptualizing and
                      setting up shared services centres for centralized operations for the Bank in India.
                     Management through ERM framework overseeing all key areas of the business
                      through various Operational Risk tools like KRI / RCSA matrices. Managing of major
                      project implementation of Basel II and Compliance risk framework
                     Directing, reviewing and advising Board of Directors on various compliance issues and
                      representing the bank to the Central Bank regulatory offices.
                     Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai
                      Holdings ( subsidiary)
                  Consultant – Information Security & IT Governance
 Anjay Agarwal




                   LLB, CA, CISA, CWA, CS, CFE and others

                   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


                                                          31
RESUMES - Our team                                                                                                   Credentials

                        Executive Vice President – Risk Management ( Banking & Financial Services)
 Vijayan Govindarajan

                           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.


                            Specialist Risk Consultant – ERP & IT Compliance
 Gourav Ladha




                            SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access 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




                                                                           32
RESUMES - Our team                                                                                     Credentials

                         Vice President & Head – IT Risk Advisory
 Ravikiran Bhandari

                         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

                          Vice President – Legal Risk Advisory
 Aashish Shrivastav




                      

                         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.



                                                                  33
RESUMES - Our team                                                                                      Credentials

                        Vice President – Riskpro India
 Phanindra Prakash

                        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).
 Asok Sit




                        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.



                                                                  34
RESUMES - Our team                                                                                 Credentials

                       Executive Vice President – Riskpro India
 Siddhartha Ghosh

                       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




                                                               35
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.

                                                            36
RESUMES - Advisors                                                                                 Credentials

                      Founder partner of Mehrotra and Mehrotra, a 48 year old CA firm in India
 Mr. MP Mehrorta

                      B.Com, FCA, LLB
                      Over 48 years of experience in audits, taxation, legal matters, loan syndication etc.
                      Trustee of Cochin Port Trust, Member of Task Force for MOUs, Ministry of Heavy
                       Industries & Public Enterprises, Govt. of India, Ex- Member of Central Board of
                       Trustees, Employees’ Provident Fund Organisation (EPFO), Ministry of Labour,
                       Govt. of India, New Delhi.
                      Ex - Director, Canara Bank


                      Practicing chartered accountant in Delhi
                      CA, ICWA
 Mr. PK Gupta




                      Over 35 years of professional experience.
                      Trustee, Kargil Shaheed Smarak Samiti
                      Hon. Treasurer, World Academy of Spiritual Sciences (WASS).
                      Panel Arbitrator, International Centre for Alternative Dispute Resolution
                      Arbitrator, Cement Corporation of India
                      Arbitrator, Bombay Stock Exchange Limited
                      Arbitrator, Central Depository Services (India) Limited
                      Arbitrator’s Panel of Indian Council of Arbitration



                                                                   37
Key Contacts
Corporate                     Mumbai                     Delhi                       Bangalore
 Riskpro India Ventures (P)   Manoj Jain                 Rahul Bhan                  Casper Abraham
          Limited             Director                   Director                    Director
                              M- 98337 67114             M- 99680 05042              M- 98450 61870
       info@riskpro.in        manoj.jain@riskpro.in      rahul.bhan@riskpro.in       casper.abraham@riskpro.in
       www.riskpro.in
                              Shriram Gokte              Hemant Seigell              Vijayan Govindarajan
                              EVP - Risk Management      SVP – Risk Management       EVP – Risk Management
   C 561, Defence colony                                 M- 99536 97905              M- 99166 63652
                              M- 98209 94063
     New Delhi 110024         shriram.gokte@riskpro.in   hemant.seigell@riskpro.in   vijayan.govindarajan@riskpro.in

                              Sivaramakrishnan                                       Ravikiran Bhandari          VP – IT
                              President – Banking & FS                               Risk Advisory
                              M- 98690 19311                                         M- 99001 69562
                              smaran.iyer@riskpro.in                                 ravikiran.bhandari@riskpro.in

Ghaziabad / Noida             Chennai                    Kolkata                     Gurgaon
Siddhartha Ghosh              R. Muralidharan            Kashi Banerjee              Nilesh Bhatia
EVP - Finance                 EVP – Risk Management      EVP – Risk Management       Head – Human Capital Mgt.
M- 9810058072                 M- 95660 77326             M- 98304 75375              M- 98182 93434
Siddhartha.Ghosh@riskpro.in   murali@riskpro.in          kashi.banerjee@riskpro.in   nilesh.bhatia@riskpro.in

R Gupta - Insurance Risk                                                             Asok Sit
M- 98101 07387                                                                       EVP – Telecom Risk Advisory
                                                                                     M- 98105 03463
                                                                                     asok.sit@riskpro.in
Pune                          Salem                      Ahmedabad                   Hyderabad / Agra
M.L. Jain                     Chandrasekeran             Maulik Manakiwala           Phanindra Prakash (Hyderabad)
Principal – Strategy Risk     Recruitment franchisee     Member Firm                 Member Firm
M- 98220 11987                M – 94435 99132            M – 98256 40046             M- 95500 61616
mljain@riskpro.in
                                                         Gourav Ladha                Alok Kumar Agarwal (Agra)
                                                         Sap 38
                                                             Risk Advisory           Member Firm
                                                         M- 97129 52955              M- 99971 65253

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (8)

People risk collateral 2013
People risk collateral 2013People risk collateral 2013
People risk collateral 2013
 
Legal risk advisory services 2013
Legal risk advisory services 2013Legal risk advisory services 2013
Legal risk advisory services 2013
 
Riskpro Business Risk Management
Riskpro Business Risk ManagementRiskpro Business Risk Management
Riskpro Business Risk Management
 
Riskpro Risk Alert: RBI regulates MFI
Riskpro Risk Alert: RBI regulates MFIRiskpro Risk Alert: RBI regulates MFI
Riskpro Risk Alert: RBI regulates MFI
 
Legal Risk Advisory Services
Legal Risk Advisory ServicesLegal Risk Advisory Services
Legal Risk Advisory Services
 
Legal risk advisory services 2013
Legal risk advisory services 2013Legal risk advisory services 2013
Legal risk advisory services 2013
 
Legal Risk Advisory Services
Legal Risk Advisory ServicesLegal Risk Advisory Services
Legal Risk Advisory Services
 
Uncovering Fraud Dilemmas - cVidya in London May 2012
Uncovering Fraud Dilemmas - cVidya in London May 2012Uncovering Fraud Dilemmas - cVidya in London May 2012
Uncovering Fraud Dilemmas - cVidya in London May 2012
 

Andere mochten auch (7)

Lean six sigma training services 2013
Lean six sigma training services 2013Lean six sigma training services 2013
Lean six sigma training services 2013
 
Risk pro trainings brochure 2013
Risk pro trainings brochure 2013Risk pro trainings brochure 2013
Risk pro trainings brochure 2013
 
Member firm proposal 2013
Member firm proposal 2013Member firm proposal 2013
Member firm proposal 2013
 
Insurance fraud risk management service
Insurance fraud risk management serviceInsurance fraud risk management service
Insurance fraud risk management service
 
India entry strategy brochure 2013
India entry strategy brochure 2013India entry strategy brochure 2013
India entry strategy brochure 2013
 
Independent director sme services 2013
Independent director sme services 2013Independent director sme services 2013
Independent director sme services 2013
 
Bi risk services 2013
Bi risk services 2013Bi risk services 2013
Bi risk services 2013
 

Ähnlich wie Fraud risk services 2013

Riskpro Web Based Training
Riskpro Web Based TrainingRiskpro Web Based Training
Riskpro Web Based TrainingManoj Jain
 

Ähnlich wie Fraud risk services 2013 (20)

Fraud risk services 2013
Fraud risk services 2013Fraud risk services 2013
Fraud risk services 2013
 
Fraud risk services 2013
Fraud risk services 2013Fraud risk services 2013
Fraud risk services 2013
 
Fraud risk services 2013
Fraud risk services 2013Fraud risk services 2013
Fraud risk services 2013
 
Fraud Risk Services Brochure
Fraud Risk  Services BrochureFraud Risk  Services Brochure
Fraud Risk Services Brochure
 
Fraud Risk Services Brochure
Fraud Risk  Services BrochureFraud Risk  Services Brochure
Fraud Risk Services Brochure
 
People Risk Collateral
People Risk CollateralPeople Risk Collateral
People Risk Collateral
 
People Risk Collateral
People Risk CollateralPeople Risk Collateral
People Risk Collateral
 
People risk collateral 2013
People risk collateral 2013People risk collateral 2013
People risk collateral 2013
 
People risk collateral 2013
People risk collateral 2013People risk collateral 2013
People risk collateral 2013
 
Legal risk advisory services 2013
Legal risk advisory services 2013Legal risk advisory services 2013
Legal risk advisory services 2013
 
Legal risk advisory services 2013
Legal risk advisory services 2013Legal risk advisory services 2013
Legal risk advisory services 2013
 
Riskpro web based training
Riskpro web based trainingRiskpro web based training
Riskpro web based training
 
Riskpro Web Based Training
Riskpro Web Based TrainingRiskpro Web Based Training
Riskpro Web Based Training
 
Riskpro Web Based Training
Riskpro Web Based TrainingRiskpro Web Based Training
Riskpro Web Based Training
 
Riskpro Insurance Advisory Services
Riskpro Insurance Advisory ServicesRiskpro Insurance Advisory Services
Riskpro Insurance Advisory Services
 
Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013
 
Risk pro corporate restructuring 2013
Risk pro corporate restructuring 2013Risk pro corporate restructuring 2013
Risk pro corporate restructuring 2013
 
Risk pro corporate restructuring 2013
Risk pro corporate restructuring 2013Risk pro corporate restructuring 2013
Risk pro corporate restructuring 2013
 
Riskpro company introduction 2013
Riskpro company introduction 2013Riskpro company introduction 2013
Riskpro company introduction 2013
 
Riskpro company introduction 2013
Riskpro company introduction 2013Riskpro company introduction 2013
Riskpro company introduction 2013
 

Mehr von Rahul Bhan (CA, CIA, MBA)

India and sweden strategy brochure 2013 riskpro
India and sweden strategy brochure 2013 riskproIndia and sweden strategy brochure 2013 riskpro
India and sweden strategy brochure 2013 riskproRahul Bhan (CA, CIA, MBA)
 
Accounting payroll outsourcing services 2013
Accounting payroll outsourcing services   2013Accounting payroll outsourcing services   2013
Accounting payroll outsourcing services 2013Rahul Bhan (CA, CIA, MBA)
 
Accounting payroll outsourcing services 2013
Accounting payroll outsourcing services   2013Accounting payroll outsourcing services   2013
Accounting payroll outsourcing services 2013Rahul Bhan (CA, CIA, MBA)
 

Mehr von Rahul Bhan (CA, CIA, MBA) (20)

CIA degree
CIA degreeCIA degree
CIA degree
 
MBA Nyenrode degree
MBA Nyenrode degreeMBA Nyenrode degree
MBA Nyenrode degree
 
CA final certificate
CA final certificateCA final certificate
CA final certificate
 
B.Com Degree
B.Com DegreeB.Com Degree
B.Com Degree
 
Code of conduct completion certificate
Code of conduct completion certificateCode of conduct completion certificate
Code of conduct completion certificate
 
Marketing risk advisory brochure 2013
Marketing risk advisory brochure 2013Marketing risk advisory brochure 2013
Marketing risk advisory brochure 2013
 
Legal risk advisory services 2013
Legal risk advisory services 2013Legal risk advisory services 2013
Legal risk advisory services 2013
 
Lean six sigma training services 2013
Lean six sigma training services 2013Lean six sigma training services 2013
Lean six sigma training services 2013
 
It risk advisory brochure 2013
It risk advisory brochure 2013It risk advisory brochure 2013
It risk advisory brochure 2013
 
Insurance fraud risk management service
Insurance fraud risk management serviceInsurance fraud risk management service
Insurance fraud risk management service
 
India and sweden strategy brochure 2013 riskpro
India and sweden strategy brochure 2013 riskproIndia and sweden strategy brochure 2013 riskpro
India and sweden strategy brochure 2013 riskpro
 
Independent director sme services 2013
Independent director sme services 2013Independent director sme services 2013
Independent director sme services 2013
 
Fraud risk services 2013
Fraud risk services 2013Fraud risk services 2013
Fraud risk services 2013
 
Fatca compliance brochure riskpro 2013
Fatca compliance brochure riskpro 2013Fatca compliance brochure riskpro 2013
Fatca compliance brochure riskpro 2013
 
Bpo risk management 2013
Bpo risk management 2013Bpo risk management 2013
Bpo risk management 2013
 
Bi risk services 2013
Bi risk services 2013Bi risk services 2013
Bi risk services 2013
 
Aml training
Aml trainingAml training
Aml training
 
Accounting payroll outsourcing services 2013
Accounting payroll outsourcing services   2013Accounting payroll outsourcing services   2013
Accounting payroll outsourcing services 2013
 
Vendor risk management 2013
Vendor risk management 2013Vendor risk management 2013
Vendor risk management 2013
 
Accounting payroll outsourcing services 2013
Accounting payroll outsourcing services   2013Accounting payroll outsourcing services   2013
Accounting payroll outsourcing services 2013
 

Fraud risk services 2013

  • 1. Fraud Management- Risk Consulting Services Riskpro India Ventures (P) Limited New Delhi, Mumbai, Bangalore 1
  • 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. 2
  • 3. Riskpro’s Network Presence New Delhi Agra Jaipur Ahmedabad Kolkata Mumbai Pune Hyderabad Bangalore Chennai Salem 3
  • 4. Fraud Risk Management- Context Setting Business different Effective risk management elements have risks is a collective effort at a associated which needs to organizational level to be identified and action reduce potential threats plan put in place to mitigate and protect bottom lines of and reduce potential loss business occurrence 4
  • 5. Fraud Occurrence - Conditions  Financial Pressures  Personal Habits (Gambling, Drug, Alcohol)  Work-related Factors (Overworked, Underpaid, Not Promoted)  Achieve Financial Results (Bonus, Compensation)  Insufficient Working Capital, High Debt Level, Credit Difficulties Pressures Fraud Triangle Opportunities $ Rationalization  Poor Internal Controls  I am only borrowing the money and will pay it back  Low Fraud Awareness  Nobody will get hurt  Treat Fraudster With Leniency  The organization treats me unfairly and owes me  Rapid Turnover of Employee  It’s for a good purpose  Use of Many Banks  It’s only temporary, until operations improve  Weak Subordinate Personnel  Absence of Mandatory Vacations 5
  • 6. Fraud Risk – Diagnostics Process Identify Key Agree on Expectations and Fraud and Deliverables Integrity Risks Source Fraud and Assess Fraud and Integrity Risk Integrity Risks Evaluate and Improve Fraud and Measure Fraud and Integrity Risk Controls Integrity Risks Provide Change Evaluate Existing Management Reject, Transfer and Fraud and Integrity Retain Risks Risk Controls Communicate Results Design Improved Exceed Fraud and Integrity Risk Controls Build Improved Fraud Risk Diagnostic Process is designed to : Controls Into Client Processes - Prevent/Deter/Detect/Investigate Fraud Risk - Reduce Fraud Risk to an acceptable level - Improve your “ Bottom Line” 6
  • 7. Fraud Risk - Business Services Spectrum Fraud Risk Services Business Fraud Business Fraud Business Fraud Investigation Service Risk Management Hot Line System  Fraud Investigation Service  Fraud Risk Diagnostic  Whistleblower Service  Anti-Money Laundering  Fraud Risk Prevention Service  Intellectual Property Service  Ethics & Anti-Fraud Program  Corporate Intelligence 7
  • 8. Our ForensicsServices - Process Overview Forensic & Fraud Investigation Life Cycle Services Business Legal and Fraud Fraud Risk Background Litigation Corporate Investigation Management Ethics & Regulatory Verification Support Intelligence Compliance Integrity Assessment  Investigation Analysis Reporting Cyber Crime IT Risk Past Records IT Evidence Vital Vendor Diagnostic Verification Collection Information Monitoring Sarbanes Investigation Oxley & Response Collection Organizational Education Business compliance Culture related to Vendor/Third Verification Interruption Party Program Assessment Forensics Claims  Business Analysis & Employment Vendor/3rd Clause 49  Dealers Party SEBI Reporting Internal IT Verification Control & Risk IPR Disputes Assessment compliance  Franchisees Analysis Forensics & Reference Verification  Distributors Code of Investigation FCPA(Forei Security & Joint Venture Conduct Process  Suppliers gn Corrupt Privacy Program Partnership Design/ & Service Practice Criminal Disputes IT Governance Act) act Implementati Providers Data Loss Verification (COSO/COBIT) on USA 1973 Prevention  Organization Design & to be acquired Implementation Accounting Address Complex Case Anti-Fraud or merged KYC - Fraud Verification Management Measurement Procall Banks Investigation Training & Education 8
  • 9. Fraud Management- Risk Consulting Components Loss Prevention Risk Intelligence Business Ethics Background Anti-Corruption Whistle Blowing Screening Fraud Risk Vendor Screening Forensics Services Management Investigative Internal Risk Controls Litigation Services Accounting 9
  • 10. Loss Prevention Industry Alignment Employee Behavior Banking Automotive Financial Services Telecom Insurance Customer Service Real Estate Infrastructure Employee Theft Waste Pharma/ Retail Bio-tech Poor safety practices Energy Securities Bad accounting procedures 10
  • 11. Risk Intelligence Industry Alignment Geopolitical Banking Financial Services Automotive Surveys Insurance Telecom Risk Profiling Real Estate Infrastructure Criminal Suspect Pharma/ Retail Profiling Bio-tech Investigations Energy Securities 11
  • 12. Business Ethics Industry Alignment Banking Due Diligence Financial Services Automotive Telecom Insurance Corporate Social Responsibility Real Estate Infrastructure Ethical Assurance Pharma/ Retail Bio-tech Ethical Investing Business Ethics Energy Securities Training 12
  • 13. Anti-Corruption Industry Alignment Anti-Corruption Compliance & Banking Investigations Automotive Financial Services Telecom Insurance Policy & Procedure Design & Review Real Estate Infrastructure Investigative Due Diligence & Risk Assessment Investigate Allegations of Corruption Pharma/ Retail Bio-tech Compliance with Accounting & Internal Controls Energy Securities International Presence & Capability 13
  • 14. Whistle Blowing Industry Alignment Management information source Banking Automotive Financial Services Telecom Proactive approach – Establishing , enabling Insurance timely action Reduction in crime perpetrated against the corporation Real Estate Infrastructure Improved Labor relations Pharma/ Loss recovery due to theft, fraud & crimes Retail Bio-tech Awareness Culture creation Energy Securities Caller Information Advisory 14
  • 15. Background Screening Industry Alignment Banking Employee screening Financial Services Automotive Telecom Insurance Senior executive screening Real Estate Infrastructure Periodic employee screening Pharma/ Retail Bio-tech Substance abuse testing International background Energy Securities screening 15
  • 16. Vendor Screening Industry Alignment Family & Business history of promoters Banking Automotive Financial Services Telecom Financial Strength of Promoters or the Insurance Vendor Regulatory Compliance History Real Estate Infrastructure Criminal Records verification Pharma/ Market Reputation Retail Bio-tech Reference Checks with other Clients Energy Securities Vendor Due Diligence 16
  • 17. Forensics Services Industry Alignment Banking Automotive Disputes support Financial Services Telecom Insurance Forensic accounting Real Estate Infrastructure & Analysis Pharma/ Investigations Bio-tech Retail Technology Solutions Energy Securities 17
  • 18. Fraud Risk Management Industry Alignment Banking Operational Reviews Automotive Financial Services Telecom Insurance Investigative services Real Estate Infrastructure Project Management Training & Awareness Pharma/ Retail Bio-tech Data Analysis Energy Securities Interim Management 18
  • 19. Internal Risk Controls Industry Alignment Internal Audit strategic sourcing Banking Automotive Financial Services Telecom Insurance Enterprise Risk Management Regulatory compliances (SOX) Real Estate Infrastructure Contract compliance Pharma/ Corporate Governance Retail Bio-tech Continued Monitoring Energy Securities Integrated Assurance 19
  • 20. Litigation Services Industry Alignment Banking Bankruptcy Litigation Automotive Financial Services Telecom Insurance Commercial Litigation Real Estate Infrastructure Intellectual Property Insurance Claims Pharma/ Retail Bio-tech GAAP related support Energy Securities Computer Forensics 20
  • 21. Investigative Accounting Industry Alignment Effective controls for fraud Banking detection Automotive Financial Services Telecom Insurance Financial fraud and embezzlement Real Estate Infrastructure Determination of economic damages Financial modeling Pharma/ Retail Bio-tech Determination of change in net worth Energy Securities Insurance claims fraud 21
  • 22. Fraud Risk - Analysis & Management Risk Analysis Risk Risk Risk Assessment Management Monitoring Process Identification Control It Level Share or Activity Measurement Transfer It Level Diversify or Prioritization Entity Level Avoid It 22
  • 23. Our Approach  Protects you from any Monetary or Reputation damage  Ensures that the Code of Conduct is Report understood, followed and not violated Resolve  Enables you to identify risks / control gaps Investigate  Helps you identify any undisclosed production Analyze  Risk Mitigation Riskpro  Process Improvement & Reengineering End to End Solutions  Improved Corporate & IT Governance Integrated Financial  Evaluate & Classify Third Party Risk Solutions  Monitor and verify security controls Reasonably priced quality contracted to business vendors services  Mitigation of vendor service delivery risk High Quality Deliverables with experienced professionals 23
  • 24. Our Risk Consulting - Value Proposition 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 Our Solution For you and evaluate Code Of Benefits To You Conduct Compliance on following parameters :  Protects you from any  Fraud Detection Monetary or Reputation Resolve damage  Fraudulent Vendor Investigate Prioritize  Recruiting new dealers, solutions and remedial  Code of conduct suppliers, franchisees or Analyze measures Source Root establishment distributors cause of Problem  Anti-Fraud Measures Understanding Your Supply  Enables you to identify Quantify Loss  Monitoring Compliance and Aut Chain and Suggest risks / control gaps possible Actions horization Obtaining And securing Evidence  Helps you identify any  Workplace Practice To Monitor Your undisclosed production  Background check for Process Solve Compliances employees Issues  Risk Mitigation Confidential  Background check for Interviews with vendors customers Evaluating your need  Prevent default of high value bills 24
  • 25. Riskpro Clients Our Clients Banking/ Insurance Corporate MNC Banking Intl Consulting IT / Others *Any trademarks or logos used throughout this presentation are the property of their respective owners 25
  • 26. 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 26
  • 27. 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. 27
  • 28. 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. 28
  • 29. 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. 29
  • 30. RESUMES - Our team Credentials  Head – Taxation Risk Advisory 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. President – Banking & Financial Services  A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics), Sivaramakrishnan 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 30
  • 31. RESUMES - Our team Credentials Executive Vice President – Risk Management ( Banking & Financial Services)  A hands-on banking professional {BSc (Mathematics), CAIIB} with considerable domestic and international experience Kashi Banerjee  An aggregate experience of 24+ years across industry, mainly BFSI in several functional areas including Retail and Commercial Banking, Corporate Lending, team member of the Business Process Re-Engineering project (BPR); conceptualizing and setting up shared services centres for centralized operations for the Bank in India.  Management through ERM framework overseeing all key areas of the business through various Operational Risk tools like KRI / RCSA matrices. Managing of major project implementation of Basel II and Compliance risk framework  Directing, reviewing and advising Board of Directors on various compliance issues and representing the bank to the Central Bank regulatory offices.  Worked for ANZ Grindlays Bank, Standard Chartered, Bahraini Saudi Bank and Dubai Holdings ( subsidiary) Consultant – Information Security & IT Governance Anjay Agarwal  LLB, CA, CISA, CWA, CS, CFE and others  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 31
  • 32. RESUMES - Our team Credentials Executive Vice President – Risk Management ( Banking & Financial Services) Vijayan Govindarajan  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.  Specialist Risk Consultant – ERP & IT Compliance Gourav Ladha  SAP Certified, MBA (Finance), SAP Security trained (from SAP India), SAP GRC Access 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 32
  • 33. RESUMES - Our team Credentials  Vice President & Head – IT Risk Advisory Ravikiran Bhandari  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 Vice President – Legal Risk Advisory Aashish Shrivastav   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. 33
  • 34. RESUMES - Our team Credentials  Vice President – Riskpro India Phanindra Prakash  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). Asok Sit  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. 34
  • 35. RESUMES - Our team Credentials  Executive Vice President – Riskpro India Siddhartha Ghosh  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 35
  • 36. 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. 36
  • 37. RESUMES - Advisors Credentials  Founder partner of Mehrotra and Mehrotra, a 48 year old CA firm in India Mr. MP Mehrorta  B.Com, FCA, LLB  Over 48 years of experience in audits, taxation, legal matters, loan syndication etc.  Trustee of Cochin Port Trust, Member of Task Force for MOUs, Ministry of Heavy Industries & Public Enterprises, Govt. of India, Ex- Member of Central Board of Trustees, Employees’ Provident Fund Organisation (EPFO), Ministry of Labour, Govt. of India, New Delhi.  Ex - Director, Canara Bank  Practicing chartered accountant in Delhi  CA, ICWA Mr. PK Gupta  Over 35 years of professional experience.  Trustee, Kargil Shaheed Smarak Samiti  Hon. Treasurer, World Academy of Spiritual Sciences (WASS).  Panel Arbitrator, International Centre for Alternative Dispute Resolution  Arbitrator, Cement Corporation of India  Arbitrator, Bombay Stock Exchange Limited  Arbitrator, Central Depository Services (India) Limited  Arbitrator’s Panel of Indian Council of Arbitration 37
  • 38. Key Contacts Corporate Mumbai Delhi Bangalore Riskpro India Ventures (P) Manoj Jain Rahul Bhan Casper Abraham Limited Director Director Director M- 98337 67114 M- 99680 05042 M- 98450 61870 info@riskpro.in manoj.jain@riskpro.in rahul.bhan@riskpro.in casper.abraham@riskpro.in www.riskpro.in Shriram Gokte Hemant Seigell Vijayan Govindarajan EVP - Risk Management SVP – Risk Management EVP – Risk Management C 561, Defence colony M- 99536 97905 M- 99166 63652 M- 98209 94063 New Delhi 110024 shriram.gokte@riskpro.in hemant.seigell@riskpro.in vijayan.govindarajan@riskpro.in Sivaramakrishnan Ravikiran Bhandari VP – IT President – Banking & FS Risk Advisory M- 98690 19311 M- 99001 69562 smaran.iyer@riskpro.in ravikiran.bhandari@riskpro.in Ghaziabad / Noida Chennai Kolkata Gurgaon Siddhartha Ghosh R. Muralidharan Kashi Banerjee Nilesh Bhatia EVP - Finance EVP – Risk Management EVP – Risk Management Head – Human Capital Mgt. M- 9810058072 M- 95660 77326 M- 98304 75375 M- 98182 93434 Siddhartha.Ghosh@riskpro.in murali@riskpro.in kashi.banerjee@riskpro.in nilesh.bhatia@riskpro.in R Gupta - Insurance Risk Asok Sit M- 98101 07387 EVP – Telecom Risk Advisory M- 98105 03463 asok.sit@riskpro.in Pune Salem Ahmedabad Hyderabad / Agra M.L. Jain Chandrasekeran Maulik Manakiwala Phanindra Prakash (Hyderabad) Principal – Strategy Risk Recruitment franchisee Member Firm Member Firm M- 98220 11987 M – 94435 99132 M – 98256 40046 M- 95500 61616 mljain@riskpro.in Gourav Ladha Alok Kumar Agarwal (Agra) Sap 38 Risk Advisory Member Firm M- 97129 52955 M- 99971 65253