M2i has helped MFIs in India and Africa in developing risk management systems.
- Credit Risk
- Liquidity and funding risk
- Market risk (interest rate and foreign exchange risk)
- Operational risk
We follow a systematic approach in our risk management advisories. The summary of the methodology used is presented below:
- Design of Risk Management organizational structure
- Development of policies and guidelines
- Identification of risks
- Development of Key Risk Indicators
- Preparation of risk response
- Scoring of risks on the basis of likelihood and impact
- Preparation of a risk register
- Preparation of a risk manual
- Training of key staffs on risk management
- Exposing the Internal Audit team to a Risk Based Approach
M2i has helped the International Finance Corporation (IFC), private sector development arm of the World Bank group to adapt its risk assessment framework to the Indian context. With IFC’s help, it has implemented risk management projects in five MFIs in India.