Non-Financial Risk Management

We assist you to better understand, navigate, and address the complexities of risk and regulation across the financial services sector.

New times demand new imperatives

Many roles and processes of the past are becoming extinct. We now need to re-imagine risk, to turn abstract ambitions into concrete action by using special skills to convert obstacles into opportunities. PwC’s Non-Financial Risk Management (NFRM) Consulting provides advisory and audit services to help our banking, insurance and asset management clients with wide ranging non-financial and operational risk themes at all levels of governance and management in sync with the changing needs of our times.

Apart from providing wide-ranging support in establishing and implementing risk frameworks, governance, and Internal Control Systems (ICS), we provide integrated solutions involving specialists from IT, Digitization, Actuarial, Data Analytics, and Legal backgrounds. Working closely with the regulatory bodies globally, we help clients prepare better regulatory scrutiny by implementing practical, robust and agile solutions.

We believe we need concrete routes and recipes to realise the global aspirations for a sustainable and resilient world. There is a desperate urgency to arm ourselves with new navigation tools to combat the volatile, complex, and uncertain challenges that loom before us.

Our expertise in this hyper-connected and globalised world offers you unparalleled economic opportunities. A newly unleashed majority is now focusing its time and resources on these themes:

  • Operational Risks: to enhance workplace efficacy
  • Model Risks: to minimise asymmetric interpretation errors
  • Reputational Risks: to decriminalise the corporate landscape
  • Environment, Social, and Governance Risks: to propagate ethical standards for sustainability across all contexts
  • Technology Risks: to preserve and protect against detrimental factors

We partner with you on a journey towards being present-savvy and future-ready: to listen, learn, and lead, with blueprints for success, to evolve together while collaborating on solutions that create better prospects for all lives and livelihoods.

Services and solutions

Core Risk Advisory Services

Managing regulatory, operational, financial and HR risks are essential for financial services to perform in an ongoing value-creating firm that is licensed to operate. We are there to support you across all these contexts.

We will help translate your risk strategy into tangible value-enhancing deliverables.

We help you to scan, detect, and avoid cultural and ethical perils and pitfalls.

We help you with robust and agile, state-of-the-art solutions, to reinvigorate, navigate, and implement your Operational Risk Framework.

We can help streamline your control environment.

We help you scan your internal and external obligations and provide all-encompassing solutions to align policies, processes, risks and controls.

Banking License is a precondition for you to conduct financial business activities in any regulatory jurisdiction.

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Corporate Governance and Board Support

Strategic direction and control of the organisation with optimal enhancement of people, processes and technology, crucial considerations for long-term sustainability. We guide and support you to identify the enhancements potential of your current board structure and its activities, and help implement mutually crafted desired state strategies.

Harnessing the power of our intelligence databases and global network of experts.

We enhance the governance effectiveness of your board committees.

Evaluations remain a key input for continous enhancement of the boards.

Implementing GRC technology enables you to streamline your frameworks.

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Risk Transformation Services

Our team of technology, data-science experts will help transform your risk and compliance functions from compliance-driven to value-driven units that encompass first and second line functions and operations that work seamlessly together towards a value-driven future.

Conduct a deeper risk process analysis to identify areas for consolidation.

Our risk experts partner with you to provide cutting-edge, state-of-the art, risk management solutions.

We will create and deliver customised trainings to your business.

Our risk and project management professionals will collaborate with you over the entire project lifecycle.

We help you to create auditable assurance that ensures your teams are compliant across jurisdictions.

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“Risk Management is about listening to the future and how we envision it to be. It’s about taking the action today for a sustainable future for society, business and coming generations.”

Alexandra Burns,Partner, FS Risk Consulting & Internal Audit, PwC Switzerland

Contact us

https://pages.pwc.ch/core-contact-page?form_id=7014L000000YMPlQAO&embed=true&lang=en

Contact us

Alexandra Burns

Alexandra Burns

Partner, Leader Financial Services Risk Consulting & Internal Audit, PwC Switzerland

Tel: +41 58 792 46 28

Harn-Jou Kwan

Harn-Jou Kwan

Senior Manager, Financial Services Risk Consulting, PwC Switzerland

Tel: +41 58 792 48 81

Vinay Kalia

Vinay Kalia

Senior Manager, Financial Services Risk Consulting, PwC Switzerland

Tel: +41 58 792 44 10