Conscious consideration of operational risks is the most important step towards effective risk management.
Supervising and carrying out Risk Self-Assessments
Everyone is a Risk Manager, because operational risks exist in every organisation and all business lines. Whether it involves authorisation in backoffice systems or Know-Your-Customer policy, all these measures are taken to mitigate operational risks. We are busy mitigating operational risks subconsciously every day, but it will only benefit your organisation once this mindset is consciously and actively applied.
Awareness of operational risks by the business lines in your organisation is the first step towards effective risk management. By supervising and carrying out Risk Self-Assessments, Enigma’s consultants encourage business lines to actively retain control of operational risks.
Risk Self-Assessments can be set up in different ways, with scope for linking these to specific business characteristics. Whether it concerns an assessment in the form of a workshop, a questionnaire, or a combination of these, the consultants at Enigma are ready to unburden you in respect of risk management. By making Risk Self-Assessments business-specific, we make operational risk management as effective and efficient as possible.