Enterprise Risk Management System: Phoenix Group
PHOENIX GROUP
The paragraphs bellow is a detailed competency statement on my day to day role at Phoenix Group in implementing an Enterprise Risk Management system as part of one of many tactical solutions to aid the realisation of Phoenix overall strategy towards compliance.
Working within the Risk Group function across multiple Phoenix Group organisation and business unit and Carry out analysis with Risk champions across stating the current “AS IS” Risk profiling, risk identification and assessment, risk control and risk financing across the organisation Risk Universe.
Review and analyse current Basell III liquidity regulations and IFRS and IAS36 compliance in regards to impairment cost and identify external and internal sources used as indicators of impariments.
Identify Risk models to be used for credit risk indicators such as PD (Propability of Default), EAD (Exposure at Default), (LGD) Loss Given Default.
Create stress testing scenarios and indicators based on risk indicators such as VaR (Value at Risk, and CVA (Credit Value Adjustment)
Working across multiple project streams identified to implement the regulations such as IT, BAU, and current SME.
Train users on new Enterprise Risk Management solution on how to create Risk and control profile, identify, rate and monitor risk via controlled assessment,raising appropriate issues and log to the group risk function.
Identify new IFRS changes such as IFRS 7 – Disclosures about the nature and extent of risk arising from financial instrument that the new Enterprise System will support.
Worked with the Governance team in identifying and stating new Policies as a result of the new regulatory rules, developing robust data management framework to ensure data used across all business function is accurate, reliable and appropriate for use.
Document “TO BE” business process using UML diagrams to help business users identify new Risk Management standards and procedures.
RBS
Worked within the Solvency II
The paragraphs bellow is a detailed competency statement on my day to day role at Phoenix Group in implementing an Enterprise Risk Management system as part of one of many tactical solutions to aid the realisation of Phoenix overall strategy towards compliance.
Working within the Risk Group function across multiple Phoenix Group organisation and business unit and Carry out analysis with Risk champions across stating the current “AS IS” Risk profiling, risk identification and assessment, risk control and risk financing across the organisation Risk Universe.
Review and analyse current Basell III liquidity regulations and IFRS and IAS36 compliance in regards to impairment cost and identify external and internal sources used as indicators of impariments.
Identify Risk models to be used for credit risk indicators such as PD (Propability of Default), EAD (Exposure at Default), (LGD) Loss Given Default.
Create stress testing scenarios and indicators based on risk indicators such as VaR (Value at Risk, and CVA (Credit Value Adjustment)
Working across multiple project streams identified to implement the regulations such as IT, BAU, and current SME.
Train users on new Enterprise Risk Management solution on how to create Risk and control profile, identify, rate and monitor risk via controlled assessment,raising appropriate issues and log to the group risk function.
Identify new IFRS changes such as IFRS 7 – Disclosures about the nature and extent of risk arising from financial instrument that the new Enterprise System will support.
Worked with the Governance team in identifying and stating new Policies as a result of the new regulatory rules, developing robust data management framework to ensure data used across all business function is accurate, reliable and appropriate for use.
Document “TO BE” business process using UML diagrams to help business users identify new Risk Management standards and procedures.
RBS
Worked within the Solvency II