“A process which aims to help organisations; Understand, Evaluate, and Take Action on all of their risks with a view to: Increasing the probability of success, and Reducing the likelihood of failure”
– Institute of Risk Management
Consulting
In an uncertain world, it is imperative that organisations leverage their Risk Management Framework to achieve and maintain organisational agility and resilience. At Expert Partners we provide a range of Enterprise Risk Management Consultancy Services.
At Expert Partners we will work with you to ensure your organisation has the key enablers in place, including:
- Horizon scanning, Stress Testing and Emerging Risks
- Culture and People Risks
- Business Continuity and Crisis Management
We have considerable expertise in the design, assessment and benchmarking of an organisations Enterprise Risk Management Framework using International Standards ISO 31000 and COSO. A framework typically includes:
- Organisational context and objectives
- Risk Appetite, Tolerance and Capacity
- Risk Identification, Analysis and Evaluation
- Risk Management and Control
- Risk Reporting and Assurance
A key tenet of an Enterprise Risk Management Framework is a robust assurance regime. This is particularly relevant at Board and Senior Leadership Team levels, who require assurance that the controls operated by the Organisation are effectively managing risk appetite and tolerance levels.
At Expert Partners we can provide independent Audit and Assurance assessments on any aspect of Risk Management.
Training
Our team of risk experts can design and deliver bespoke and in-house courses to suit your organisational needs. All training is specifically designed to be delivered on-line or in person. We can provide training for each of the traditional 3 lines of defence and the Board. Typical training requirements that we are being asked to provide include:
- Board overview of Risk management
- Setting appropriate risk Appetite standards
- Risk Culture including Conduct Risk
- Risk Resilience
- Creating risk registers
- Identifying Key Risk Indicators (KRIs)
- Risk management fundamentals
- The implications of the Long-Term Viability Statement requirement by Boards
Expert Partners work closely with the Institute for Risk Management (IRM) and the GCC Board Directors Institute (BDI) to deliver a range of courses that are available to the Public.