ADVISORY

Risk Advisory

Clarity. Confident. Compliant

Our risk advisory services are designed to identify, assess, and mitigate risks with comprehensive Operational Risk Management, tailored Policies and Procedures, and a strategic Business Risk Management framework that protects and empowers growth.

Policies and Procedures (SOPs)

The Foundation of Organizational Success

At AMC, we understand that well-defined policies and procedures are essential for any organization. They provide a comprehensive roadmap for day-to-day operations, outlining key control activities, expected standards, and staff responsibilities Through a tailored approach, we help organizations create lasting, differentiated value, ensuring that policies and procedures align with your unique needs, are grounded in rigorous analysis, and leverage data-driven insights. By building policies that reflect your organization’s goals, we ensure you operate efficiently, stay compliant, and create a foundation for long-term success.

How can we help: 

At AMC, we work alongside our clients to deliver tailored policy and procedure solutions designed to support growth, streamline operations, and improve overall performance. Our services include:

  1. Governance Framework Development
    We help design a governance framework that strengthens internal controls and ensures alignment with your business strategy. This foundation supports better decision-making and ensures that your policies remain compliant and effective.
  2. Formulation of Departmental & Functional Policies
    Our team creates comprehensive departmental and functional policies that define the standards, rules, and conditions for key business activities. These policies ensure consistency and clarity in operations across your organization.
  3. Process Management Tools & Technology Recommendations
    We recommend and implement the best-fit process management tools and technology platforms tailored to your organization’s needs. This enhances efficiency, streamlines workflows, and supports the smooth execution of policies and procedures.
  4. Business Process Mapping & Operating Procedures
    We develop detailed business process maps and operating procedures that define activity workflows and responsibilities, ensuring that all tasks are performed efficiently and in accordance with established guidelines.
  5. Assessment Reports & Continuous Improvement
    Our experts conduct thorough assessments to identify opportunities for improvement. We help you implement best practices that foster a culture of continuous improvement, ensuring your organization remains competitive and adaptable.
  6. Process Management Function Setup & Stakeholder Training
    We drive a culture of ongoing process improvement by establishing your organization’s process management function and providing training to key stakeholders. This ensures that your team is equipped to manage and sustain effective policies and procedures over time.

Type of the key policies which every organization should have are as follows:      

  1. HR Policy
  2. Purchasing Policy
  3. Sales Policy
  4. Accounting Policy
  5. Delegation of Authority
  6. Health and Safety Policy
  7. IT Policy
  8. Retention Policy
  9. Whistle blowing Policy
  10. Risk Management Policy

Business Risk Management

AM Consulting is top consulting firm in Bahrain and Saudi Arabia which can help you to design Business Risk Management for your organization. Business Risk Management is top-down approach and focus on preparing the organization for any threat, hazard or uncertainties that may lead to losses. Business Risk Management if implement properly can help both the likelihood of risks occurring and the severity of their impact.

What can we do for you:

We will help to build business risk management framework for your organization. The framework will target most critical strategic risks, determine likelihood and potential severity, which will enable you to make more informed decisions.

A robust business risk management framework allows you to:

Risk Strategy and Appetite

> Align risk strategy with organizational strategy

> Define risk appetite overall and by risk type

> Define success for risk decisions.

Tailored, Practical Solutions

> Comprehensive risk assessments to identify, prioritize and articulate and assess enterprise risks

> Risk assessments for business units, geographies, product lines, etc.

> Risk assessment in terms of impact to profitability, cost of loss, and correlations with other risks

Technology Enabled Approach

> Risk reporting structures, policies and committee charters

> Best practices for effective risk governance

> Tools for top management and board reporting

Regulatory Compliance & Resilience

> Dashboards to track and monitor the risk profile

> Development of Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs)

> Set criteria for when action is needed, and how much risk reduction is necessary

Operational Risk Management

We help you to assess, build, and integrate operational risks into your Operational risk management programme to enhance risk management capabilities. To help companies, we have use a unique operating model that combines deep experience in operational risk with expertise across functional and technical areas. We work with organizations on every aspect of operational risk management, from risk taxonomy to end-to-end risk function transformation. It’s a holistic approach built around four steps.
We use technology to connect the data and information generated to understand the organization process and have a strong control to help your company to be at leading edge of risk management.
Operational Risk

What do we do:

Operational Risk– Frameworks

> Development of Operational Risk Strategy

> Assessment, design and implementation of Operational risk Management Frameworks for regulatory capital and compliance purposes

> Assessment, design and implement of Operational Risk Profile and Assessment methodologies

> Assessment, design and implementation of Operational Risk Appetite

Enhanced Risk Performance

> Assessment, design and implementation of operational risk management mitigation approaches including policies, procedures and best practice guidance notes

> Data governance, data quality framework efficiency reviews

> Business continuity management services

> IT risk assessment and management, including IT risk benchmarking

> Occupational Health and Safety risk management services

> Environmental risk related services

Enhanced Risk Management Functions – Capabilities

> Assessment, design – implementation of Operational Risk Functions and Capability

> Interim management solutions: Operational Risk Officers and other professionals

> Operational Risk Management Training.

Why AM Consulting !

Expertise & Experience

The team at AM Consulting bring industry knowledge and a rack record in of setting up the Business Risk Management for various banks and large companies in Bahrain and Saudi Arabia.

Tailored, Practical Solutions

All our solutions are developed based on the organization requirements. We develop customized framework for each organization based on the operations and regulatory environment of the organization.

Technology Enabled Approach

We use risk management tools, data analytics, and AI to provide real-time insights and improve risk response times.

Regulatory Compliance & Resilience

Our service ensures that the meet compliance requirements of Central Bank of Bahrain or SAMA.

Ongoing Support

AM Consulting offers ongoing support and updates to your policies and procedures, ensuring they stay relevant and aligned with changes in the business environment, regulatory landscape, and evolving needs.

Looking for Experienced Management Consultants?

Contact Us Today for a personalized consultation and take the next step toward business excellence.