areas of focus
Risk Strategy
ERM Framework
Formalize an Enterprise Framework
Review with Key Stakeholders
Risk Appetite Statement
Draft initial enterprise-level RAS objectives & framework
Review with Key Stakeholders
Enterprise Risk Management Process
Inventory/rationalize all current risk processes
Risk identification and assessment
Risk measurement and analysis
Risk monitoring, mitigation, acceptance, and reporting
Risk escalation and crisis Management Processes
Organization & Governance
Inventory and rationalize existing risk committees
Align and expand Enterprise Risk Management Committee (ERMC)
Define mandate for the ERM function
Inventory/rationalize all Risk roles & responsibilities via RACI model
Why IMP?
We have extensive experience developing sustainable enterprise risk programs
Strategy and Policy
Organization and Governance
Operations, processes, and controls
We are experts in the mechanics of the buy side:
Data, Systems, Workflows
Risk management asset classes (futures, options, forwards, swaps)
We are experienced in communicating with diverse constituencies
PMs & Traders
Risk & Compliance
IT & Project Office
We are adept at distilling large volumes of data into actionable information
Status reports
Project dashboards
Test plans
As implementors, we have deep experience in the practical applications of risk and controls
Requirements gathering, project planning, testing, roll-out, and documentation
Risk-focused testing strategy: Reasonable but tightly defined “boundary” scenarios
We are easy to work with- Flexible schedules; deep bench for one-off questions or expertise; no requirement to buy blocks of hours or commit to over-sized projects.
