Operational Risk Consulting

We help clients protect their enterprise value and reputation by identifying and evaluating key vulnerabilities in their operations and establishing effective controls to mitigate risk and strengthen operational resilience.

While operational risk lies at the heart of many organizations, failure to focus on these vulnerabilities can lead to disruption to the business, as well as major financial and reputational loss. Conversely, robust risk management practices, governance, and culture not only protect value but also enable an organization to take calculated risks to grow their business. We deliver expertise to identify and assess existing operational risks and provide strategic advisory services to proactively mitigate future threats.

Our Services

Business Contingency & Continuity Planning
Independent Monitorship

Internal Audit & Investigation Support
Operational Risk Identification, Quantification, Mitigation & Controls

Operational Risk Management Strategy & Implementation Consulting
Risk Registry Development

MORE ABOUT THE EXPERTISE THAT SEPARATES OUR SOLUTIONS

J.S. Held operational risk advisory is multi-faceted and enriched by our legacy of risk management, resulting in solutions that are comprehensive and actionable.

We combine the diverse technical, financial, technological, scientific, regulatory, investigative, and strategic advisory expertise across our global team to help clients gain an understanding of their total risk exposure, we then advise them on risk management strategy development and execution and serve as a trusted partner monitoring their risk profile.

The solutions we deliver leverage our expertise and experience in:

Construction Advisory
Contract Management
Corporate Governance & Regulatory Compliance
Cryptocurrency & Digital Assets
Cyber Security
Digital Investigations
Due Diligence & Business Intelligence
Environmental, Health & Safety
Forensic Accounting & Financial Controls
Forensic Data Analytics
Fraud & Corruption
Global Sanctions
Information Governance
Intellectual Property
Internal & External Investigations
Political Risk & Government Relations
Supply Chain Integrity
Sustainability & ESG
Turnaround & Restructuring

OPERATIONAL RISK REVIEWS

We provide comprehensive and practical operational risk reviews to help clients identify, quantify, and mitigate potential risks that can impact their business. Our extensive technical and financial expertise across sectors, combined with our investigative approach to risk consulting, uniquely positions our experts to quickly analyze and understand a client’s organization and deliver a practical assessment of their operational risks and vulnerabilities. Our operational risk reviews go beyond desk-based assessments and often include in-person visits and interviews to observe, understand, and evaluate the client’s day-to-day operations. Once risks are identified, our experts work with clients to develop and implement plans to proactively manage exposure.

RISK DIAGNOSIS & RISK REGISTRY DEVELOPMENT

A risk register is an important component of successful risk management and helps mitigate potential risks that could impact a business. We develop tailored risk registers, which identify, categorize, and evaluate risks, providing tangible risk mitigation measures to address the specific risks unique to each organization.

Our experts score the potential likelihood, impact, and consequences of each identified risk to our clients’ operations, both pre- and post-mitigation, and provide a clear set of recommendations and actions for effective risk management control.

Following risk diagnosis and registry development, we help clients implement the recommended mitigation strategies and advise on necessary updates to operational procedures and documentation, ensuring alignment with the new risk mitigation structure. Further, we assist clients to conduct ongoing periodic reviews to monitor progress, adjust the prescribed risk mitigation approach as needed, and identify any new risks that may have arisen.

J.S. Held may work with client counsel to determine the appropriate form of engagement before any risk registry mandate.

INDEPENDENT MONITORSHIP

We are appointed by government agencies to review corporate functions where independent expertise is needed to assess governance and operational functions and determine corporate compliance with regulatory requirements following the resolution of criminal matters.

Organizations also proactively engage our experts to conduct internal investigations and recommend programmatic changes in connection with mergers or acquisitions, to identify sources of revenue and expenditure leakage, and to understand the root cause(s) of poor business unit performance. The importance of this service has continued to grow in recent years, as the United States Department of Justice has indicated that it will take an organization’s efforts to improve their compliance and risk programs upon learning of a government investigation into consideration when determining whether to prosecute.

RELATED SERVICE AREAS Click the icon to view the directory

Anti-Bribery & Anti-Corruption (ABC)

Anti-Money Laundering (AML)

Asset Search, Tracing & Recovery

Corporate Governance & Regulatory Compliance

Disputes & Litigation Consulting

Environmental Risk & Compliance

Financial Statement Misstatements / Auditor Conduct Investigations

Fraud & Investigations

Global Sanctions Compliance

Monitorships / Independent Compliance Consulting

Solvency Evaluations

Trade Secret Misappropriation

Find Your Expert

Operational Risk Advisory

INDUSTRY INSIGHTS

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J.S. Held

Headquarters

50 Jericho Quadrangle
Suite 117
Jericho, N.Y. 11753
+1 516 621 2900
[email protected]

Service Organization Control (SOC) 2 Type II

Areas of Expertise

Technical & Scientific

Strategic Advisory

Financial Investigations, Valuation & Risk

Digital & Data

Insights

White Papers & Research Reports

Perspectives

Educational Seminars & Events

Markets Served

About J.S. Held

Media Relations

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.

Member FINRA | SIPC