Risk management implementation at Megabank

We have consulted on a risk management and management accounting methodologies implementation at Megabank OJSC. Kharkov, Ukraine, 2009-2010.

As part of an international group of consultants led by PKF Accountants & Business advisers LLP, UK, as part project financed by the European Bank of Reconstruction and Development, our consultants implemented a management accounting and reporting system, as well as a advanced risk management methodology.

We advised bank owners, senior and middle managers in the field of creating an management information, managerial accounting and risk management methodology.

An assessment of the automated banking system was carried out, business requirements for a management information system were created, including the following areas of reporting and analysis: 
— Loan portfolio reporting;
— Profitability based on transfer pricing;
— Cost allocation model;
— Reporting on market risks.