Adviser — Enterprise Risk Management

Build a decision-oriented risk view

Review the current risk taxonomy, ownership and escalation processes. Identify important dependencies that are absent from individual functional reports, such as a logistics interruption that increases credit exposure and cash requirements simultaneously. Distinguish risks management can control from exposures it can only monitor or mitigate.

Governance recommendations

Translate risk appetite into usable limits, decision authorities and escalation criteria. Recommend reporting that connects exposures to strategic choices and available resources. Design a review process that updates the risk picture when trading models, counterparties or operating arrangements change.

The risk framework should be tested against a connected event, such as disrupted logistics that delays delivery, increases storage cost, strains liquidity and weakens counterparty performance. Assign ownership of the combined response rather than treating each effect as a separate risk entry. The adviser should identify where risk appetite needs a decision rule and where management judgement remains necessary. Reporting should make those judgements visible, including the reasons for accepting an exposure and the conditions that would require reconsideration.

Qualified candidates

Candidates should have enterprise-risk experience grounded in commodity operations or finance. They need the ability to work across trading, treasury, credit and logistics without reducing the framework to a generic risk register. Evidence of influencing a real commercial or capital decision is essential.

What should remain after the engagement

The organisation should inherit clear ownership, a practical risk discussion and a small set of scenarios that expose material interactions. Candidates should describe a risk that was poorly managed because each function believed another owned it. Management remains accountable for risk-taking and control operation; the adviser’s framework must make those responsibilities clearer rather than adding an advisory layer above them.