Risk & Line-2
Support for Risk Management and Line 2
We can support Line-2 to ensure effective risk management and controls. This includes expert reviews, risk analysis, and development of capital and risk frameworks in our specialist areas.
Reviews & Technical assistance
Reviews and technical assistance in our areas of expertise, including: ALM risk, model risk, execution and trading risks, liquidity and other specific sheet risks.
Risk frameworks & appetite setting
Assistance with developing risk frameworks and commercially appropriate risk appetites. This includes measuring risks in a way that is practical to monitor and implement.
Capital Management
We can assist Line-2 to develop and embed frameworks that ensure adequate quality and quantum of capital, thereby providing the desired resilience in the business. This supports Line-1 to make commercial risk-based decisions. These frameworks are designed to also be practical for Line-1 to manage, ensuring easier compliance and monitoring.
Monitoring and calculating risks
Assistance with developing models, calculations and reporting templates to adequately quantify and measure risks in a practical context, and enable efficient oversight of line-1 functions.
Product signoff
Experience in evaluating market and liquidity risks on existing and new products, including quantification and independent calculations if required. We can help with identifying emergent risks from new features, specifically structured or market-related guaranteed features.
Committees
Our experience across a range of practice areas related to balance sheet allows us to provide valuable input and feedback in committees as a Line-2 participant. We are well positioned to assist with identifying relevant risks in our practice areas, notably: ALM, liquidity, treasury and capital management.
Practice Areas
Specialised actuarial consulting. Experienced in capital and value management, ALM, hedging and guarantees, financial modelling, investment strategy and creating commercially attractive solutions.
Workworth is a Level 4 BBBEE Contributor.