M2i consulting has helped MFIs in India and Africa in developing risk management systems.
M2i helps MFIs in addressing the following categories of risks
- 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:
- Risk Management diagnostic assessment
- 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 provided risk management advisory to the MFIs in India, Afghanistan and Nigeria