Risk Transformation Services | Protiviti Australia

Put risk and controls at the heart of your business

At Protiviti, we use technology, innovation, data, and analytics to transform the field of risk management.

Risk transformation creates real business value, helping firms achieve operational excellence by improving the efficiency, quality and timeliness of risk decisions.

We work with your organisation to design, execute and embed enabling technologies to sustain risk transformation initiatives.

Design, execute and embed enabling technologies to sustain risk

Operating model design and implementation

Design successful operating models that align key business functions with your strategy and mission. By aligning and simplifying your governance model accurately, we help you quickly increase transparency, issue resolution and communication.

Risk transformation strategy and planning

Protiviti’s front-to-back transformation services begin with the most critical step in change management—preparing organisations for change. We focus on business readiness assessment, change impact assessment and translate goals into strategic initiatives and identify quick wins.

Program Management as a Service

Plan, design and execute your transformation program. This long-lasting change will resonate at the heart of your business. We focus on portfolio management, business analysis, process engineering and agile coaching/delivery.

Intelligent RCSA (Risk and Control Self-Assessment)

Protiviti’s intelligent RCSA aligns risks and controls data into a holistic, agile approach to keep pace with business performance, regulatory change and emerging risks impacts. Most self-assessment tools don’t correlate complex risk interactions with related controls.

Intelligent regulatory alignment

We help your organisation leverage new technology to transform how you perform the regulatory change management process. This ensures compliance with laws, rules, and regulations. This also helps assess changes to manage the downstream impact on your business operations.

Intelligent controls execution and testing

Controls automation is a big opportunity for institutions to deliver cost savings while drastically increasing control effectiveness. We leverage robotics and machine learning to accelerate operational risk management and increase control operating effectiveness.

Our approach to risk transformation

Protiviti designs a target operating model that helps you re-imagine how you bring together people, data and processes, leveraging emerging technology to achieve operational excellence. This adds value for your customers and propels your competitive advantage.

Traditional risk management frameworks and “check-the-box” approaches are being tested against a modern set of challenges. Organisations can no longer afford to react to the regulatory environment; they must stay ahead of it. To remain compliant and competitive, a more innovative, agile and digitised approach is not optional but necessary.

Featured insights

INSIGHTS PAPER

Value chain mapping for risk transformation in Australia’s new regulatory environment

New regulations in Australia have created new priorities around governance, executive accountability, and operational resilience. The new rules raise pressure on firms to transform in multiple ways, including through value chain analysis.

PODCAST

Risky Women Radio | Women in Risk Management: Challenges and Opportunities

Dive into the world of women in risk management. In this Risky Women podcast, Jenny Wong & Gayle Lacey discuss risk management challenges & opportunities.

PODCAST

Risky Women Podcast | Risk Management With Purpose

In this episode of Protiviti's Risky Women podcast series, Ghislaine Entwisle, Managing Director of the Australia Technology Consulting and Business Performance Improvement practice, speaks with Gloria Yuen, Head of Regulatory Enablement and Delivery...

WHITEPAPER

2024: Global Sanctions Outlook for Financial Institutions

KYC took on added significance in the sanctions world in 2023. No, not Know Your Customer, though that certainly remains important. Know Your Cargo became a new mantra for sanctions practitioners and there is every indication it will continue to be...

PODCAST

Risky Women Podcast | Top Compliance Priorities 2024

In this episode of Risky Women Radio, host Kimberley Cole, CEO of the Risky Women organisation kicks off Series 7 by discussing the predictions for 2024 in the field of risk regulation and compliance. She is joined by Carol Beaumier and Bernadine...

NEWSLETTER

The Top Risks 10 Years Out: Global Risks Are Persistent

Capturing insights from over 1,100 C-level executives and directors across multiple industries with broad geographic representation, our global survey of C-level executives and directors survey offers insights for the top risks over the next 10 years...

NEWSLETTER

The Top Risks for 2024: Risk Priorities Are Shifting

Conducted in partnership with the NC State ERM Initiative, our global survey of C-level executives and directors highlights the influence of economic headwinds, talent issues, emerging technologies, cyber threats and geopolitical events on the 2024...

NEWSLETTER

Board Risk Oversight in the Age of Disruption

In these disruptive times, how should boards discharge their duty of care and duty of oversight with respect to risk when the models to follow aren’t clear? Is the board’s risk oversight process fit for purpose in today’s dynamic environment?Board...

WHITEPAPER

Top-of-Mind Compliance Issues for Financial Institutions in 2024

Discover crucial insights on compliance issues for financial institutions in 2024. From AI to ESG, navigate the evolving landscape with our comprehensive guide.

Leadership

Mark is a managing director and Protiviti’s risk and compliance solution lead. With over 17 years of risk and regulatory compliance experience in the financial services industry, he has a proven track record delivering deep insights for his clients.Mark has spent a ...

Matt is a managing director in Protiviti Australia’s risk and compliance team and is responsible for leading the delivery of best practice solutions across Protiviti’s key clients. Matt is the national financial services industry lead, also leading the Protiviti ...

Ruby is a director with over 12 years of experience in the financial services industry, of which about ten years worked in the Big Four banks before transitioning into consulting. She has had a broad range of experience providing advisory services and secondments across ...

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