Middle East – Risk Culture Builder
Dubai and UAE
Risk Culture Builder
Horst Simon
Horst has been in the banking and consulting industries for over 30 years. As Head of Risk Technology Management in Mashreq Bank, he pioneered the concept of Risk Technology Management; defined as the collaboration of Processing Systems, Workflow Management Systems, Risk Management Systems and the required interfaces between these and the related business processes to achieve active risk management capability, support good risk governance and ensure sustainable competitive advantage.
Horst started his work in the Middle East in 2005 as Head of Operational Risk at Emirates Bank Group, where he was tasked with building an Operational Risk Management function for the Group. He held previous operational risk positions with Barclays Bank plc, Africa Regional Office and with the Standard Bank Group of South-Africa Ltd, Stanbic Africa Head-Office, living in 4 countries and working in more than 20. Horst has designed and implemented Operational Risk Management policies, frameworks and governance standards in these diverse banking groups.
His special interest is in the field of People Risk and he has delivered presentations at international conferences on the Mitigation of People Risk and other operational risk topics, including; Electronic Banking Risk, Operational Risk Management in Islamic Banking and Business Continuity Management. He has also facilitated Operational Risk Management training workshops for banks and banking supervisors in Africa and Pakistan and actively supports the capacity building program of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).
Horst is the Co-Regional Director of the Global Association of Risk Professionals (GARP), UAE Chapter and a member of the Professional Risk Managers’ International Association (PRMIA).
Horst currently works with leading Global Players in the field of Risk Management, Business Consulting, Business Process Outsourcing and Risk Management Software.
Risk Culture Building
Organisations that do not understand the risks or miscalculate the risks stand to be exploited by those who understand them better. An ineffective risk management process serves no purpose and can significantly impact the financial health of any organization. Most organisations have to re-focus Risk Management in the aftermath of the global crisis and it is best to have an “outsider” to facilitate this process and bring a fresh perspective to the table.
Risk Culture Building is risk management consultancy and support services with a difference! Our unique approach is based on constructive demolition—breaking down the silo’s within risk management that restrict effective risk mitigation and building the bridges and risk nervous system that increase effectiveness to ensure sustainable competitive advantage.
Risk management systems are also no good on their own; if everything is not connected, it cannot be effective. System selection is a key component of building an effective risk management function. Our goal is to make your risk management systems and processes simpler; which result in less work and better decisions. If your current risk management processes irritate rather than motivate your staff, it is time to call us.
The future of risk management is in the ability to incorporate and inspire more of the behaviours we want- both the behaviours we want to encourage and those we would like to avoid.
Every employee is a Risk Manager- just train them.
Our Definition of Risk Culture Building:
The training of mind, of heart and of personal character to respond effectively to any situation of risk and take the right decision to mitigate, control or optimise risk to the advantage of the organisation
Our Risk Culture Building Vision:
To transform risk management by everybody doing something to mitigate, control and optimise every situation of risk, every day; at home and at work
Our Risk Culture Building Mission:
To communicate life-changing messages to people to transform risk management and to build sustainable competitive advantage for business by optimising risk response
Download copy of Risk Culture Presentation
Training Courses: