Risk Management  

CAPABILITY STATEMENT

Risk Management

Helping boards see, understand, and master their risk

  • ERM Frameworks 
  • Risk Appetite
  • Risk Assessment
  • Reporting & Analytics
0 +
Years combined risk leadership
1
Lines of defence covered
IS 0
31000 aligned frameworks
1 °
Enterprise risk coverage

Our Risk Management Framework

We design and operate enterprise risk management as a continuous lifecycle, aligned to ISO 31000 and COSO ERM, calibrated to your risk appetite and regulatory context.

0

Establish Context

Risk appetite, strategy alignment, governance

0

Identify Risks

Risk universe, taxonomy, emerging risks

0

Assess & Evaluate

Risk universe, taxonomy, emerging risks

0

Treat & Mitigate

Controls, action plans, risk response

0

Monitor & Report

KRIs, dashboards, board reporting

Continuous cycle:   governance and assurance wrap around every stage — risk management never stops.

GOVERNANCE MODEL

Built on the Three Lines model

First Line — Management
Operational management owns and manages risk day to day, executing controls within the business.
Second Line — Risk & Compliance
Risk management and compliance functions set policy, provide oversight, and challenge the first line.
Third Line — Internal Audit
Internal audit provides independent assurance over the effectiveness of governance, risk, and control.
Governing Body & Board
Sets risk appetite, provides direction, and holds the organisation accountable for risk outcomes.

Standards we hold ourselves to

ISO 31000:2018
COSO ERM Framework
IIA Three Lines Model
Basel / regulatory risk codes

Risk Management Services

A full portfolio spanning framework design, operational risk support, and independent assurance — delivered flexibly to your needs.

ERM Framework Design

Every engagement follows a disciplined five-phase approach, aligned to the IIA International Professional Practices Framework 

Risk Assessment & Profiling

We design and operate enterprise risk management as a continuous lifecycle, aligned to ISO 31000 and COSO ERM, calibrated to your risk appetite.

Risk Reporting & Analytics

A disciplined six-phase methodology, mapped to the COSO 2013 framework and calibrated to ADAA’s expectations for Subject Entities.

Risk Function Support

Every engagement follows a disciplined five-phase approach, aligned to the IIA International Professional Practices Framework 

Risk & Reporting Automation

We design and operate enterprise risk management as a continuous lifecycle, aligned to ISO 31000 and COSO ERM, calibrated to your risk appetite.

Specialist risk domains

Our enterprise risk practice is underpinned by deep expertise across every major risk category.

Financial Controls / ICFR
Controls design, testing, and SOX-style attestation support
Liquidity Risk
Funding, cash flow, and liquidity stress testing
Operational Risk
Process, people, systems, and external event risk
Technology & Cyber Risk
IT, cyber resilience, data, and third-party tech risk
Compliance & Regulatory
Conduct, regulatory change, and compliance risk
Resilience & Continuity
Business continuity, crisis management, and operational resilience
Strategic & Emerging Risk
Strategy, climate / ESG, and horizon-scanning
Third-Party Risk
Vendor, outsourcing, and supply-chain risk
GETTING STARTED

How an engagement begins

A straightforward path from first conversation to assurance delivered.

0

Discovery Call

Understand your risk maturity, gaps, and priorities

0

Scope & Proposal

Tailored scope, approach, timeline, and fixed fee

0

Mobilisation

Engagement letter, planning, stakeholder onboarding

0

Delivery

Framework build or risk support with regular updates

0

Embed & handover

Capability transfer and ongoing assurance

x

x

MNA Risk & Technology Advisory provides independent technology audit and assurance to regulated and high-growth organisations. We combine deep IT and cyber expertise with audit discipline — giving boards confidence that technology risk is understood and controlled. learn more…

Contact us

Unit RT-208, Level 1 Gate Avenue – South Zone, Dubai International Financial Centre, UAE.

Call us: +971 55618 4721

Mon – Sat: 8.00am – 18.00pm