Financial Services Advisory
Risk Modeling
At Baker Tilly, we offer advanced risk modeling services that enable financial institutions to manage their financial risks quantitatively. Our expertise spans across credit, operational, market, and Asset Liability Management (ALM) risks. By employing sophisticated modeling techniques, we help you identify, measure, and mitigate risks effectively, providing you with the data-driven insights needed to make informed decisions. Our risk modeling services are designed to enhance your ability to predict and respond to potential financial challenges, ensuring the stability and resilience of your institution.
Comprehensive Risk Management Framework
Implementing a robust risk management framework is essential for safeguarding your financial institution against unforeseen risks. Baker Tilly specializes in designing and implementing comprehensive risk management frameworks, including ICAAP (Internal Capital Adequacy Assessment Process), ILAAP (Internal Liquidity Adequacy Assessment Process), PRCI (Process Risk Control Indicator), and Risk Appetite Frameworks. These frameworks provide a structured approach to managing capital and liquidity risks, ensuring that your institution meets regulatory requirements while maintaining a strong risk culture. Our tailored solutions are developed to align with your specific operational and strategic objectives, delivering a holistic approach to risk management.
Risk Management Training
Effective risk management requires a well-trained team equipped with the necessary skills and knowledge. Baker Tilly offers customized risk management training programs designed to enhance your team’s capabilities. Our training covers a broad range of topics, from the fundamentals of risk management to the implementation of advanced risk management strategies. We tailor our programs to meet the specific needs of your institution, ensuring that your team is prepared to handle the complexities of financial risks with confidence and expertise.
Outsourcing of Internal Audits
Baker Tilly provides specialized internal audit outsourcing services tailored to the unique needs of financial institutions. Our Audit team combines a deep understanding of banking processes with extensive expertise in internal audit practices. We deliver comprehensive, reliable, and effective audit solutions that help you maintain compliance, manage risks, and improve operational efficiency. By outsourcing your internal audit function to us, you benefit from our industry knowledge and audit proficiency, allowing your institution to focus on core business activities while ensuring that your internal controls are robust and effective.
