Risk Management

Organizations in every geographic and industry sector face a wide variety of strategic, financial, operational, and compliance-related risks. These risks relate to internal business strategies, initiatives, processes, people, data and technology and external conditions such as market forces, regulation, enforcement trends and stakeholder activism. From financial performance to bribery and corruption to diversity and inclusion, such risks can adversely impact many areas within an organization. Clients engage FTI Consulting to develop strong enterprise risk management (ERM) strategies and programs that identify and manage these risks, evaluate risks versus rewards, and turn risks into opportunities.

How We Help

For decades, our senior practitioners have identified and mitigated organizational risks for our global clients. Our veteran experts work collaboratively with client organizations to develop their risk management capabilities and to identify necessary actions related to business performance, regulatory scrutiny, enforcement actions, stakeholder activity, or other adverse scenarios. Frequently, we are engaged by boards of directors, chief risk officers, chief compliance officers, heads of internal audit, heads of human resources, private equity firms, and law firms around the world. Our professionals have held these positions and have successfully implemented and executed risk management programs. Because many of our senior consultants have worked at government regulatory agencies, financial institutions and leading companies around the world, we’re able to help clients proactively manage their risks with:

• Enterprise risk assessment and analysis — risk frameworks to understand the risks your organization or industry faces
• Proactive risk identification, prioritization, and management initiatives that “stick,” in part because we supplement these exercises with sustainable change-management strategies and leading technology solutions
• Risk-detection services that help you determine where your programs can be enhanced
• Risk appetite assessments to determine how much risk your organization will endure to achieve its business strategies and goals
• Compliance and risk management program assessment, design, implementation and enhancement

Clients rely on our expertise to help them align risk management practices with business objectives and government regulations. Our areas of expertise include:

• Enterprise risk management (ERM) program design, implementation, and maintenance
• Operational risk management
• Credit/interest rate/market/liquidity risk management
• Compliance risk management
• Technology cybersecurity and data governance
• Reputation/strategic risk
• Third-party/vendor risk management
• Fraud risk
• Model risk management