RiskService
Enterprise Risk Management
Enterprise Risk Services provide organizations with a structured approach to identify, assess, and manage risks across their operations, ensuring resilience and informed decision-making at every level of the business.
—Overview
A risk register is not a risk framework. Plenty of organisations maintain a well-populated spreadsheet that has almost no bearing on how capital is allocated, which projects are approved, or what the board discusses.
Our approach connects risk to decisions. That means a taxonomy the business recognises, an appetite statement expressed in numbers rather than adjectives, and assessment methods proportionate to the exposure being measured. Where risk management is already established, we focus on the harder second-order work: aggregation, correlation, and the treatment of risks that cross functional boundaries.
—What this covers
- 01
ERM framework and policy
Governance of risk, risk taxonomy, assessment methodology, escalation thresholds and reporting lines, documented in a form the business can operate without consultants present.
- 02
Risk appetite and tolerance
Appetite statements translated into measurable limits and key risk indicators, cascaded to the business units that actually take the risk.
- 03
Risk identification and assessment
Facilitated workshops, structured interviews and scenario analysis to build a register that reflects the business as it is, not as the org chart describes it.
- 04
Control mapping and treatment
Linking each material risk to the controls that mitigate it, exposing both gaps and the duplication that quietly consumes budget.
- 05
Risk reporting and dashboards
Board and executive reporting built around movement and threshold breach rather than a static heat map that looks identical quarter after quarter.
- 06
Embedding and capability building
Training risk owners, running the first cycle alongside your team, and handing over a process that survives after we leave.
—How we can help
What a full engagement typically produces. Scope is agreed up front and adjusted to what your organisation actually needs.
- ERM framework and risk management policy
- Risk taxonomy and assessment methodology
- Risk appetite statement with quantified tolerances
- Enterprise and business-unit risk registers
- Key risk indicator set with thresholds
- Risk and control matrix
- Board-level risk reporting pack template
- Risk owner training and handover
—Standards and frameworks
Work is delivered against recognised standards so that findings are defensible to your auditors, your board and your regulator.
—Questions we get asked
—Related
Often delivered alongside
Talk to us about enterprise risk management.
Tell us what you are trying to resolve. We will tell you honestly whether we are the right firm for it.