Support
Audit Teams

Why Support Audit Teams

Increased complexity and internal and external regulations require more and more technical expertise from auditors. Auditors must, for example, be able to judge the operation of complex risk models or the effectiveness of a risk appetite framework. It is essential to involve experts in the various domains of the audit process to find the appropriate focus and provide a strong audit opinion.

Probability

We have senior experts in various areas such as risk management, risk modelling, AI/Machine Learning, regulation, and model validation.
We can translate audit processes and responsibilities into understandable and accessible.
In recent years, we have provided successful support to various banks, insurance companies, and pension funds, among other clients.

Support activities

Drafting and/or reviewing audit (letter);
Drawing up and/or reviewing an audit plan of action;
Drafting and/or reviewing the assessment framework;
Preparing and supporting interviews;
Reviewing audit report;
Feedback audit;
Reviewing audit process;
Training persuasion/dealing with resistance.

Technical support

Model validation;
Economic Capital and Regulatory capital models;
Operation of key functions;
Model Governance;
Hedge programs;
Data quality;
Machine learning models;
Risk appetite framework;
ALM processes;
Risk management cycle (reporting and decision-making).

Contact

Amba Zeggen

Amba Zeggen

Sector Lead Insurance

Marieke van Maarseveen

Marieke van Maarseveen

Internal Audit & Risk Manager

Pim Poppe

Pim Poppe

Managing Partner

If our approach appeals to you and you want to know more about Probability & Partners, you can contact one of our people directly.