Risk management covers all activities to direct and control risk in your organisation. Risk, put simply, is the effect of uncertainty on your objectives. Enterprise risk management relies on your business objectives being clearly stated and your governance structure and reporting lines being established to ensure that effective risk, control, monitoring and reporting are embedded in the way the firm is run.
At Kingsmead Square we have extensive experience of governance, risk and control frameworks through working with regulators, professional services firms and corporates. As growth opportunities open up in the market, many firms are currently reviewing and improving their governance structures and we work at Board level with you to ensure that yours is fit for the future. We help to review firm risk assessment, evaluate controls, update policies and procedures, address gaps and put in place appropriate monitoring such as internal audit. Our previous experience and depth of knowledge in the cutting-edge areas of information governance, cyber-security and the regulation of Alternative Business Structures means we are well-placed to support you in the fast-changing risk and regulatory landscape.
Our Retained Advisory team includes extensive experience in:
- Governance Structures
- Information Governance and Cyber Security Risk
- Enterprise Risk Management
- Key Risk Mapping
- Managing Alternative Business Structure (ABS) regulation and risk
- Internal Audit Strategy