Risk audit

Virtually all financial institutions have an internal audit department responsible for the audit of the institution’s internal controls. Risk management is a particular challenge to audit due to its highly technical nature. Internal audit departments need to maintain a high level of technical expertise, but may not be able to justify full time risk auditors.

InteDelta can supplement an institution's own resources with a high quality risk audit service. We can provide some or all of the following:

• Help you to plan your audits to focus on the areas where your institution is running most risk
• Provide auditors to carry out entire audits to your standards or we can supplement your team with experienced risk auditors
• Attend close-out meetings to agree audit points and write audit reports

Our audits are conducted by auditors who have experience of both risk management and auditing in a banking or asset management environment. We have developed our own audit approach for the review of risk management functions, and we can either apply our approach or the client’s own audit methodology.