Risk Management Consulting
Enterprise Risk Management Strategy
Risk management is an item on almost every company’s “to-do” list. It’s a great concept, but where to begin and how to start? HedgeStar consulting services can assist with creating an enterprise risk management framework that will suit any organization and its hedging programs.
Independent director-based committees and senior management committees are crucial for maintaining meaningful oversight of risk management programs. Let HedgeStar help put the “right people in the right seats.”
For many organizations, hedging knowledge is concentrated to an individual or a small group; and in most cases, senior leaders and directors lack the background information or experience necessary to evaluate how hedging programs are designed and executed. We address this knowledge gap with an objective review and assessment of current financial risk management practices that will either validate current practices or suggest improvements that align with industry best practices.
Validate Risk Exposure
Our approach starts with understanding your risk exposures in connection with interest rates, currencies, or commodity prices. From that foundation, we can help develop a hedging program and accounting regime that will mitigate the risks you choose to avoid, thereby minimizing the likelihood of a significant impairment of profitability.
Risk Management Evaluation
For more seasoned organizations that currently have hedging programs in place, we will review and evaluate risk management practices and policies. We will strive to either reinforce the confidence placed in your risk managers, or provide suggestions to add greater discipline to your current risk management processes.
Training and Education
We offer custom training and education to our clients, boards of directors, audit firms, and other stakeholders looking to improve understanding of derivatives – how these contracts work, how they’re priced, how they’re traded, how they can be expected to perform, and the accounting that should be applied. Let us tailor a program for you.