Risk management

Risk is an integral component of every business and its complete elimination is impossible and undesirable. On one hand the uncertainty of an outcomes and on the second, the need to prevent the negative effects of risks and maximize an opportunities of its positive impact. All of above causes the increasing importance of risk management systems and plans in modern organizations. Risk management systems enable to realize tasks and business objectives more efficiently and effectively. Their implementation is connected with a complex solution based on systematic attitude towards identification, categorization and optimization of all groups of risks to build the company’s value. The comprehensive risk management is the key component of rising organization’s value and build corporate governance.

Benefits from implementation of Risk Management System:

  • rise of resilience and flexibility of organization in risk treatment,

  • rise of efficiency and innovation of employess,

  • increase in competitive advantage.


Scope:
Implementation of comprehensive Enterprise Risk Management programs (ERM)
In progress
Design of risk treatment plans
In progress
Implementing procedures, processes and operational risk management programs
In progress
Design of business strategies, development and assessment forecasts of the effectiveness of investment with particular emphasis on the risk and the need of implementing necessary controls and safeguards
In progress
Design and implementation of risk measurement methods (likelihood and risk magnitude assessment)
In progress
Design and implementation of methods for measuring the efficiency and effectiveness of risk management programs
In progress
Fulfilling of Risk Officer duties (outsourcing or body leasing basis)
In progress
Audit of implemented, under the risk treatment plan, safety measures and controls
In progress
Audit of insurance programs
In progress
Audit of separate risk groups (including operational, compliance, information security and IT systems and infrastructure, project and program risk
In progress
Compliance audit of implemented risk management solutions with the requirements of standards, norms and applicable law
In progress