Operational Risk Management

SightSpan provides Operational Risk Management (ORM) and Compliance consulting services to both financial institutions and government organizations using a holistic industry best-practice approach. SightSpan views operational risk from two perspectives: internal and external. We service enterprise-wide Line of Business/Department specific ORM as well as design and or validate ORM programs that need to comply with external national and international regulatory objectives.

Operational Risk Management Assessments ~ Auditing ~ Independent Testing ~ Quality Assurance

• Independent Testing and Audits of Operational Risk Management Programs
• Existing Risk Model Evaluation; Enhance and/or Design Modeling Methods of Evaluating Risk
• Incorporate Best Practice Methodologies Focused on Quality Control and Program Maintenance
• Provide Assessment and Reviews Based on Risk for Private Sector and Government Agencies
• Establish a systematic framework for capturing risk factors and relationships

Design Operational Risk Management Models using:

• Standardized Approach: based on annual revenue/budget of each line of business/department
• Basic Indicator Approach: based on annual revenue/budget
• Advanced Measurement Approach (AMA):  based on the internally developed risk measurement framework adhering to the standards prescribed (methods include IMA, LDA, Scenario-based, Scorecard, etc.)
  • Develop internal empirical models to estimate the PD (Probability of Default) for individual clients or groups of clients;
  • Assist risk management leadership teams with the design of quantitative models to estimate PD (Probability of Default), EAD (Exposure at Default), LGD (Loss Given Default) and other parameters required for calculating the RWA (Risk Weighted Asset);
  • Develop analytic VaR (Value at Risk) models.

SightSpan Provides Customized Solutions in All Major Operational Risk Management Disciplines, Including:

• Physical asset protection
• Natural hazard preparedness
• Business continuity planning
• Emergency response procedures - natural disasters, terrorism, vandalism
• Global property risk control program design
• Business interruption and interdependency risk analysis
• Risk-adjusted supply chain management
• Risk management optimization - Execution, Delivery, & Process Management
• Information Technology Security

	SightSpan Operational Risk Brochure in English.pdf
	SightSpan Operational Risk Brochure in Arabic.pdf