Risk Framework, Appetite & Reporting

A risk management framework provides firms with a comprehensive way to identify, assess, manage and report risks.

A robust framework will allow clients to:

• proactively manage risks in a systematic and structured manner

• document appropriate strategies to mitigate risks and maximise opportunities

• embed a risk management framework and make it an integral part of a firm's planning process both at the strategic and operational level

• create a risk-aware culture across all levels

• achieve credibility among key stakeholders that risk management is considered in all business activities and taken seriously by the Board and senior management

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At Arkjoy Risk Consultants, we advise our clients on how to create and embed an appropriate risk management framework and provide training where necessary.  Our expertise also lies in the area of risk appetite framework and overall risk reporting. 

We can help you define:

• Board risk appetite, statements and metrics

• an appropriate risk universe, identified from key risks arising from your business strategy 

• suite of risk profile reporting for various committees that covers all key risks

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Our approach will help you strengthen your risk management practices, enable you to make informed risk decisions, allow you to efficiently allocate resources to manage the significant risks to your strategic objectives and support you in meeting your compliance mandates. We will be pleased to have an initial meeting with you, free of charge, to discuss how our services may be appropriate for your business.