KarachiKarachiIslamabadLahoreMultan +92-213-454-6494 +92-518-734-4003 +92-423-591-3595 +92-614-571-1313
Email: info@yousufadil.com

FINANCIAL INSTITUTION'S RISK ADVISORY

Our FIRA services help organizations effectively navigate business risks and opportunities from strategic, financial, regulatory and reputational risks. We apply our experience in ongoing business operations and lifecycle events to help clients become stronger and more resilient.

FIRA offers clients a broad range of risk-related services and comprehensive solutions designed to help understand business and financial risks, determine acceptable levels of exposure, design and implement controls, and also provides ongoing monitoring of the risk environment, operational and regulatory compliances and other consulting services. 

Our services include financial operational risks, Internal audits, Internal Controls Reviews, AML & CFT and other related consulting services across financial sector.

  • Financial & Operational Risk:

  • Credit Risk
  • Review of Obligor Risk Rating
  • Validation of Risk Rating Model
  • Development of Credit Scorecard
  • Review of Credit Portfolios
  • Operational Risk
  • Development, Implementation and Validation of Enterprise Risk Management (ERM) Framework
  • Strategic outsourcing of Internal Audit function
  • Operational Risks & Controls Evaluation / Gap Analysis
  • Internal Controls over Financial Reporting (ICFR)
  • Third Party Risk Assessment
  • Third Party Screening
  • Detailed research into suppliers, specific individuals and high beneficial owners
  • Analyzing third party policies & procedures
  • Conducting onsite inspections of the third party risk control environment and detailed risk assessments
  • Identify new and emerging issues in the third party portfolio

  • Compliance

  • Corporate Compliance Assessments
  • Code of Corporate Governance (COCG) assessment
  • Compliance check of SBP & SECP rules and regulations
  • AML – CFT & Regulatory Compliance Reviews
  • AML Program assessment
  • Transaction monitoring system review
  • Customer Due Diligence check
  • Sanctions compliance assessment
  • GAP analysis of AML – CFT policies and procedures
  • Trade Based Money Laundering (TBML)
  • Anti-Bribery & Anti-Corruption (ABAC) Due Diligence
  • Evaluating, designing and implementing ABAC compliance programs
  • Performing targeted reviews and transactional testing
  • Identifying potential ABAC risks, as part of mergers and acquisitions (M&A) and in other relevant circumstances
  • Conducting focused reviews and transactional testing
  • Assisting in the investigations of alleged acts of bribery and corruption

Advisory Expert

Hena Sadiq

Audit & Assurance - Partner