Risk Management Advisory

Robust & Reliable

What we do

We help clients assess and transform the quality and effectiveness of their risk management arrangements.

Our approach

We use bespoke, light-touch risk management consultancy in combination with an intimate understanding of what organisations need to get right, to provide clients with leading risk management support, advice and guidance. Take a look at the Risk Coalition’s ‘Raising the Bar’ as an example of our work.

A fresh approach to risk management advisory

We can help you design, implement, assess or transform your risk management arrangements – from a risk management framework health-check through to a full-scale risk transformation programme. Get in touch to find out more. Example services include:

Risk management effectiveness assessments (framework and/or function)
Risk management framework design, implementation, assessment or transformation including:
- Enterprise risk management and business resilience frameworks
- Operational risk management and operational resilience frameworks
- ICT risk management and digital operational resilience frameworks
Risk governance reviews (e.g. independent board risk committee effectiveness assessment)
Risk strategy and risk appetite development
Risk culture assessment
Executive risk management coaching
Technology and cyber risk consultancy, including DORA readiness

Leading the way

Did you know that we authored the Risk Coalition’s ‘Raising the Bar’?

FAQs

Why should we use Halex Consulting over a larger firm?

Halex is a boutique governance consultancy specialising in board performance reviews, board benchmarking and risk management advisory services. We pride ourselves on bringing a different perspective. Looking at challenges differently to others and working closely with client teams to produce results.

We use partner-level resources that are experts in their field to perform all our engagements. For example, Halex Consulting Principal, Chris Burt, was the driving force behind development of the Risk Coalition’s highly regarded ‘Raising the Bar’ guidance for board risk committees and second line risk functions.

Summarising our approach: the people you meet in the proposal phase are the people that will carry out the work. Each brings a unique perspective and unrivalled experience.

What risk management services do you provide?

While we talk about services – for example, assessing the effectiveness of a client’s risk management arrangements – in reality, we help clients address their risk management and operational resilience challenges, whatever they may be.

Example recent engagements include:

• Assessing the effectiveness of a well-known bank’s risk management arrangements

• Development of an operational resilience framework for a leading European financial market infrastructure

• Green-field risk management framework design, implementation and on-going consultancy for a pension superfund

• Enterprise risk management framework design consultancy for a FTSE100 sports fashion retailer

• Design and implementation of an ICT risk management framework for a leading financial market infrastructure business

• Risk strategy and risk appetite framework development for a large, international financial services institution

• Coaching a new to role CRO for a large insurance company

• Advising on the development of a cyber security strategy and governance framework for a fintech

The best way to find out if we can help is simply to give us a call on +44 (0)20 3823 6569 or get in touch through our Contact page. We’re always happy to talk.

What expectations do you have of risk management clients?

Our preference is to work with clients that genuinely wish to engage in the process and are willing to consider our suggestions for improvement. Effective risk management can be key strategic enabler. Consequently, real senior management and board commitment to improving the organisation’s risk arrangements can have a transformational effect on the business’ overall performance.

Are you able to flex your risk management approach?

Yes. Clients regularly comment that they particularly like our flexible approach. Get in touch and we can discuss your requirements.

What sectors do you cover?

We cover all sectors but have a particular focus on financial services.

Risk management advisory