Category: ERM Software

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People + Processes = Efficient Operational Risk Management

Hamzah Chorghay

Business Risk Consultant at CAREWeb
Hamzah has a Bachelor of Accounting (B.Acc) qualification from the International Islamic University of Malaysia and is an ACCA (Association of Chartered Certified Accountants) Affiliate. He has diversified experience working as Business Process Consultant for a money transfer company and as an Accountant for a FMCG company in Malaysia. Hamzah has assisted GrantThornton in conducting Business Valuations, out-sourced Risk Based Internal Audits and Fraud audits for Financial Institutions, Hotels and companies in the Oil & Gas industry.

Latest posts by Hamzah Chorghay (see all)

Rating: Enterprise risk management (ERM) solutions, risk indicators, risk taxonomy, SWOT analysis, loss exposure… do you feel mobbed by all these jargons? Already preoccupied with the latest technologies, price fluctuations, market dynamics and altering regulations, are you confident you are not forgetting something important? What really matters, more than any of the so called “requirements”,…

People + Processes = Efficient Operational Risk Management was last modified: November 3rd, 2014 by Hamzah Chorghay



Integrated Enterprise Risk Management Solution

Integrated Enterprise Risk Management Solution for Optimized Business Performance

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

Until a few years ago, risks remained hidden within the walls of departments, and enterprises viewed risk areas independently. Modern Risk Management aims to promote the interconnectedness of risks and controls within business areas; after all, the emergence of a previously undetected risk can sometimes set off a chain of events, which branch out to…

Integrated Enterprise Risk Management Solution for Optimized Business Performance was last modified: October 27th, 2014 by Mohammed Nasser Barakat



ERMbig

How healthy is the ERM culture in your organization?

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

A healthy risk culture hardly ever happens instinctively in an organization. The culture is instilled when ERM leaders define and encourage character traits and practices that support effective ERM behaviors in people. Here are a few cultural traits for effective ERM: Accountability To be accountable in ERM means, the leader and employees alike have to understand…

How healthy is the ERM culture in your organization? was last modified: October 10th, 2014 by Fadi Al-khatib



Alan1

Are you as proficient as Alan’s risk manager?

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Alan is one of the smart CEOs who have understood that proactive, risk-adjusted decision-making and effective management of capital is critical for success in business.  He is looking to counter risks, boost operational effectiveness, improve business processes and mitigate costs.   Jack is an efficient enterprise risk management software professional who emphasizes on developing ERM…

Are you as proficient as Alan’s risk manager? was last modified: October 10th, 2014 by Fadi Al-khatib



ERM Software Solutions

Looking to Measure the Effectiveness of your ERM? Read on

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Organizations are becoming increasingly aware of the value of managing risks. And the regularity with which financial disasters seem to be hitting the markets, certainly has companies convinced that performing in business is not possible without taking risks. Enterprise Risk Management (ERM) helps an organization counter risks and other critical issues. ERM enables recognizing events…

Looking to Measure the Effectiveness of your ERM? Read on was last modified: November 3rd, 2014 by Fadi Al-khatib



Mistakes to Avoid While Choosing ERM Software

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

Many companies are increasingly turning to ERM to exercise greater control over their business and to gain a competitive advantage. Companies have begun to invest more in formal Enterprise Risk Management solutions, but often a poor implementation strategy has resulted in mixed results. Although an ERM solution provides many benefits, the organization needs to be wary of…

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software was last modified: September 9th, 2014 by Mohammed Nasser Barakat



ERM Strategies

ERM strategy – A Strategy to Know ‘Good’ and ‘Bad’

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

Risk management is the systematic procedure to discover, analyze, assess, treat, and monitor risk in an organization to diminish the unfavorable effects of loss. For such methodical process, it is imperative to have a strong risk management strategy in place, in order to augment business success and benefits. Although losses and risks are unexpected and…

ERM strategy – A Strategy to Know ‘Good’ and ‘Bad’ was last modified: September 9th, 2014 by Mohammed Nasser Barakat



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