Risk framework for Botswana financial institution

Genesis Analytics was asked to review the risk management operations of a financial institution in Botswana and to develop a risk management framework.

Genesis assessed the risk management and internal audit as well as the regulatory framework procedures and reporting. An analysis mapped business strategies for risk management governance and potential risk exposures. This resulted in a gap analysis and led to processes to close the gaps. Finally a comprehensive risk management framework was developed along with a detailed road map for developing a qualitative and quantitative risk appetite statement.

Based on the risk framework, the proposed business strategy and the road map, the client could document a statement that articulated and quantified its risk appetite based on a proposed business strategy.