Risk is a fact of life for business, and it is growing in importance to businesses around the world. It exists in various forms, from potential cybersecurity breaches to possible breaks in the supply chain. Risk cannot be avoided altogether, but it can be managed and mitigated. That’s where PwC’s risk assurance practice comes in.
Your ability to identify business risks from your analysis of data, technology and business process flows, to assess and measure financial, IT and operational risks, and to project manage, review, report and present your findings effectively will make you an invaluable member of the risk assurance team.
Our risk assurance practice provides our people with the opportunity to work across various clients and solution areas, and offers you the chance to continually gain new skills and experience with some of the most prominent, “name brand” businesses in the world. As you grow in your career, you will begin to develop industry specialisations especially in highly regulated areas such as financial services and healthcare.
As part of our team you will use your analytical, technical and client facing skills to help our clients risk assess their business operations, strengthen their internal controls and improve their business and technological performance and efficiency.
Over 100 professionals work across five groups in risk assurance:
This team undertakes projects requiring the consolidation of large volumes of data from a vast array of core systems. This data is then analysed for the purposes of regulatory submissions, to identify potentially fraudulent transactions or more generally to identify data quality issues within the core process and identify the root cause for this. We also help clients to leverage their own data, using analytics, to identify opportunities to identify and serve their customers better and improve their business operations.
The internal audit team provides assurance to senior executives of our clients that the risks facing the business are managed appropriately. A holistic view of the business is adopted to assess risks at all levels including strategic, operational, regulatory, financial and technological. You'll help clients ensure that internal audit adds value to the business through improved control, enhanced process efficiency and leading practice recommendations.
Clients increasingly rely on outsourcing, partnerships and strategic alliances with third parties to meet business objectives. These agreements can be complex and leave an organisation open to many risks. You’ll provide independent third party assurance so that operations comply with measurable business practices and that policy statements made by management are benchmarked against international best practices.
Managing risk and establishing effective controls are key to making business processes work in an efficient way. This team help clients plan their approach to controls design, assess the effectiveness of controls and provide assurance over the accuracy and timeliness of information used for financial reporting and management decision-making.
This team helps organisations design, build and assess the appropriate culture, processes, controls and tools for effective governance, risk and compliance management. This involves identifying and maximising opportunities, protecting reputation, mitigating downside threats and designing and implementing an optimised control environment.