Risk & Controls
Risk Management & Internal Controls
Support for firms that need practical control visibility, clearer control ownership, testing evidence and proof that risks are being monitored.
Overview
Effective risk management requires visible controls, clear control ownership and consistent monitoring. BlackCores & Partners helps firms design and maintain the risk registers, control libraries and testing trackers that make this possible with board-ready reporting.
What we can review
- Risk register design and content
- Control library creation and maintenance
- Risk and control ownership maps
- Control testing calendars
- Evidence request lists
- Issue and breach logs
- Risk appetite draft support
- Incident response record structure
- Management information packs
- Action tracking and closure evidence
Deliverables
What you receive
Risk register
Structured risk register with ownership
Control matrix
Controls mapped to risks and owners
Control owner map
Clear accountability for each control
Testing schedule
Control testing calendar with evidence requirements
Issue log
Control issues with remediation tracking
Remediation tracker
Action tracker with owners and deadlines
Management reporting pack
Board-ready risk and control summary
Who it supports
Engagement safeguards
BlackCores & Partners provides risk and control framework support. It does not provide internal audit assurance unless separately agreed.
Services are provided subject to written scope, conflicts checks and independence considerations. Website information is general only and does not constitute legal, financial, tax, investment, insurance or regulatory advice.
What we do not do
- We do not provide internal audit assurance unless separately agreed with appropriate independence.
- We do not provide insurance advice.
- We do not guarantee that any control will prevent loss or regulatory breach.
- We do not provide actuarial or reserving advice.
Common questions
Ready to map risk and controls?
Contact us to discuss scope, document requirements and deliverables. All engagements are confirmed in writing before work begins.