Risk Management Assessment: An Approach for Consultants
Watch the above recording of a recent Gateway webinar featuring Risk Management Initiative in Microfinance's (RIM's) practical methodology and a toolkit for technical assistance (TA) providers and consultants who support financial service providers (FSPs) in developing a standardized risk management system. Our speakers provide a detailed overview of RIM's Risk Management Assessment Toolkit, a step-by-step guide for risk management experts and consultants supporting FSPs' risk management systems. The discussion focuses on the following:
How to implement the Risk Management Graduation Model;
Lessons from an MFI in leveraging risk management for future growth;
How to apply RIM's methodology in project implementation as a consultant.
TARGET AUDIENCE: Technical assistance providers and consultants who support FSPs in developing standardized risk management systems.
Sa-Eun is the principal consultant at MagpieVenture, LLC, where she provides training, consulting and executive coaching services for inclusive financial service providers. She brings over a decade of experience in financial services, providing direct technical assistance to over 25 banks and microfinance institutions in 15 countries. Most recently she co-authored a practical guide to developing a double-bottom-line risk management system applying RIM's graduation model.
Risk Management Initiative in Microfinance (RIM)
Kevin is the Director of RIM and Risk Management Subject Matter Expert for Accion's Africa Board Fellowship Program. Previously, Kevin served as the Director of Advisory Services with MFX Solutions, leading capacity building work for over 30 MFIs and banks in Sub-Saharan Africa. Kevin has also served as Microfinance Technical Advisor for World Relief, overseeing their microfinance network globally. Kevin was also part of the SEEP Financial Services Working Group which developed Microfinance Reporting Standards. He has served on numerous MFI boards and has worked in more than 20 countries.
Clive Msipha is a Chartered Accountant and a CFA Charterholder. He trained with PricewaterhouseCoopers in both Audit and Corporate Finance and also worked with them in Southern Africa, the USA and the United Kingdom. As a Beit Scholar, Clive attended the University of Oxford and has a Masters in Business Administration from the Said Business School. After Oxford, Clive worked for Actis Capital, an Emerging Market Private Equity firm in London. Clive founded Untu Microfinance in 2009 and has grown the business from a three-man operation in one office, to a company with eight branches and 90 employees. He is a Past Chairman of the Zimbabwe Association of Microfinance Institutions.
Independent Risk Management Consultant
Hans Hekkenberg has worked for many years in the banking industry (amongst others ING). During his career, he has set up and managed new risk departments in which he gained extensive international experience. He graduated as a Business Economist at the University of Groningen. Later he made the transition to the microfinance sector, working as an independent consultant to provide training and consultancy in risk management, compliance, risk self-assessment and strategy. He has conducted trainings and workshops for individual MFIs, credit unions, cooperatives and banks in various countries in Asia, Eastern Europe, Africa, South and Central America. He has been active in committees and boards of various professional international bodies, e.g. he served for more than ten years as chair of the Audit committee of Oikocredit. He was also actively involved in the development of the Graduation Model for MFIs as a member of RIM's technical working group and has used this model in practice.