In today’s fast changing risk and regulatory landscape, it is imperative that organisations adapt to changes and make risk-informed strategic choices.

We help clients identify, understand, and effectively manage their risks to strengthen resilience and strike an appropriate balance between risk and opportunity.

  • Identify the risks
    Identify the risks
    The environment is becoming increasingly complex and has evolved quickly. To be able to mitigate associated risks, you first need to know where they lie.
  • Mitigate and manage the risk
    Mitigate and manage the risk
    Not all risks can be avoided, but we can mitigate them as far as possible and practicable. Addressing risks is unique to each company. Even if two companies are in the same industry, solutions should never be seen as one-size-fits-all.

How we help

Using data analytics and technological tools, our integrated team effectively and efficiently executes each programme.

Internal audit (Outsource)

We provide tailored, flexible and cost-effective solutions, providing access to industry best practices, value-adding insights and subject matter resources. We help clients to perform risk assessments, develop internal audit plans and perform end-to-end internal audit activities from planning, execution to reporting, including reporting of results to management and the audit and risk committee.

Internal audit (Co-source)

We understand that each organisation is unique and has different resource requirements. With the flexibility of modelling our approach around your business, our co-sourcing solution helps organisations in need to fill a specific skill gap or require a resource subject matter specialist to provide the necessary skills and experience to carry out internal audit work while training in-house internal audit staff.

Staff augmentation/ Resource solutions

We provide organisations with short to medium term interim solutions and support to address their staffing challenges – whether it’s internal audit, compliance and/or risk management functions, we have the right people for the job.

Internal audit quality assessment reviews (QAR)

We help organisations assess the effectiveness of their internal audit function/ department in providing assurance to the senior management, aligning with the International Standards for the Professional Practice of Internal Auditing (“IIA Standards”) and benchmarking against industry leading practices.

Internal controls assessment and compliance

Robust internal controls over financial reporting (ICFR) and Sarbanes-Oxley (SOX) compliance programs are a sound business practice for organisations. We partner and collaborate with process owners and stakeholders to help navigate these environments, to evaluate control deficiencies and co-develop appropriate work plans and recommendations to build a more robust control environment.

Regulatory compliance advisory

We provide in-depth technical knowledge on emerging regulations and help financial institutions improve and enhance efficiencies by performing remediation to correct gaps identified from their regulatory audits on processes relating to such as client onboarding/ due diligence, transaction monitoring and outsourcing. We also assist in developing policies and procedures as well as implement compliance programmes for organisation’s ongoing monitoring.

Enterprise risk management (ERM)

A robust ERM framework will be able to drive corporate governance while the business scale to greater heights. We help organisations develop policies, framework and risk appetite statements covering key risks and corresponding controls across the organisation, allowing the risks to be managed and monitored effectively.

Why Grant Thornton

  • An experienced team
    An experienced team
    Our team comprises experienced professionals with relevant experience in both financial and non-financial services industries. They bring with them market-leading expertise in supporting organisations to deliver high-quality results.
  • Solutions that are right for the business
    Solutions that are right for the business
    We know every business is different. Our team delivers tailored solutions so that you get what’s right for your business, not just a “cut and paste” solution.
  • Best of local and global insights
    Best of local and global insights
    Bringing finely tuned local knowledge together with global expertise from over 130 countries in the Grant Thornton network, we help you see the bigger picture so that you can make your next move with confidence.
Career

Explore a career with our business risk team

Our people are at the core of our business. From autonomy at work to dedicated mentorship, our people are empowered to decide the direction and pace of their career development.

Emily Lai
Singapore
Partner - Business Risk
Emily Lai
Singapore
Emily has over 17 years of risk advisory experience in a number of different industries including, financial institutions (banks, insurance, asset management, payment services, derivatives commodities trading and exchange and clearing houses), oil and gas, metals and resources, consumers and industrial products, and telecommunication.
Learn more about Emily Lai
Emily Lai
Partner - Business Risk
Emily Lai

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