Risk Management Consulting

Risk Management Consulting – Identify and Mitigate Enterprise Risk

Reduce operational and compliance risk with Toptal’s Risk Management Consulting. Our advisors evaluate existing controls and develop governance processes that support long-term organizational stability.

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Clients Served

35,000+

Total Vetted Professionals

30,000+

Toptal Total Projects Delivered

85,000+

Years in Business

15+

TRUSTED BY LEADING BRANDS

Our Services

Toptal Risk Management Consulting Services

Improve how your organization identifies and responds to risk. Our risk management consultants develop governance frameworks, reporting structures, and mitigation strategies that support stronger operational oversight.

Enterprise Risk Governance

Implement enterprise-wide governance models that connect risk oversight to business strategy, reporting structures, and executive accountability.

Quantitative Risk Assessment

Analyze financial and regulatory exposure using structured assessments that help prioritize mitigation and resource allocation.

Operational Controls Review

Evaluate internal workflows and control environments to uncover process failures, oversight gaps, and operational vulnerabilities.

Financial Risk Management

Assess exposure to market volatility, liquidity constraints, and credit risk through financial modeling and governance frameworks.

Regulatory Compliance Programs

Develop compliance frameworks that address evolving regulatory obligations and reduce exposure to legal or audit-related findings.

Third-party Risk Management

Assess third-party relationships and supplier dependencies to identify cybersecurity and compliance-related risks.

Cybersecurity Risk Management

Evaluate cyber risk exposure and strengthen governance processes that support incident response, business continuity, and system protection.

Enterprise Risk Planning

Develop risk management roadmaps that align mitigation priorities with operational objectives and long-term business planning.

Risk Monitoring and Executive Reporting

Design dashboards and reporting processes that give leadership teams clearer visibility into emerging risks and control performance.

Internal Controls and Policy Design

Create control frameworks and policy structures that improve accountability across financial, operational, and compliance functions.

Crisis Response and Continuity Planning

Develop crisis management procedures and continuity plans that reduce downtime and support faster operational recovery.

IT Governance and Technology Risk

Assess technology environments for operational and compliance risks, including system dependencies, access controls, and governance gaps.

Looking for guidance about the perfect risk management consulting service for your needs?

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PARTNERSHIP THAT WORKS

How We Deliver Risk Management Consulting

Our risk management experts, with experience at leading companies, develop and deploy tailored solutions to meet your business needs and unique industry demands for sustainable results and long-term success.

Discover

A leader from our team works with you to understand your business challenges, pain points, and strategic goals to uncover new opportunities and identify the options to reach your objectives.

Define

Toptal leaders collaborate with your team to define your specific goals and service needs, evaluating multiple approaches and aligning requirements with your strategic objectives to define the best solution.

Develop

Once your service is defined and you have your talent or team on board, they will create your unique project timeline, process, and initial proposals, whether your goal is to improve risk visibility, strengthen governance processes, or reduce operational exposure.

Deploy

Toptal will get to work, tracking quality assurance, handling project management, and maintaining the delivery schedule.

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Matthew McNaghten

Business Strategy and Finance Consulting Practice Lead

As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.

Previously At

CUSTOMIZED SOLUTIONS

Risk Management Solutions That Deliver Value

Toptal delivers leading risk management consulting through its diverse talent network and flexible delivery models. We implement the right skills at each project phase, blending expertise from various roles for seamless execution.

End-to-End Delivery by Toptal
On-demand Talent and Teams

End-to-End Delivery by Toptal

Comprehensive project delivery, tailored to your specific requirements.

Business Strategy and Finance Consulting Practice Lead

Delivery Manager

Risk and Compliance Consultant

Technology Risk Advisor

Risk and Compliance Advisor

Enterprise Risk Consultant

Risk Transformation Consultant

Enterprise Risk Program Manager

Matthew McNaghten

Business Strategy and Finance Consulting Practice Lead

Previously at

Experience

35+

Rachael Karaffa

Delivery Manager

Rachael serves as a Delivery Manager at Toptal with a focus on leading diverse global teams in developing innovative solutions for our clients. She works across multiple disciplines, including technology, marketing, and management consulting. Rachael specializes in managing people and client relationships, process optimization, and driving teams toward optimal business outcomes.

Previously Managed Client

Experience

9+ Years

Mark Castagneri

Verified Expert in Engineering

15+ Years

of Experience

Risk and Compliance Consultant

Mark is a risk assessor, program manager, security operations engineer, and architect with over 15 years of experience implementing risk reduction initiatives. He has a deep understanding of various security frameworks and tools. Mark has successfully developed budgets, risk-informed roadmaps, and project plans and has led multidisciplinary teams to effectively reduce risks and demonstrate compliance with standards, as confirmed by third-party auditors.

Previously at

Joe Bagdon

Verified Expert in Engineering

31+ Years

of Experience

Technology Risk Advisor

Joe is a seasoned security and infrastructure engineering professional with experience performing application and network assessments, writing and enforcing policies, providing defense for an enterprise environment, and administrating infrastructures. He has in-depth knowledge of information security, information technology, and information warfare. Joe is a competent Python programmer, adding automation and integration that reduces workloads.

Previously at

Greg Bassett

Verified Expert in Engineering

35+ Years

of Experience

Risk and Compliance Advisor

Greg is a seasoned and highly qualified cybersecurity and compliance executive. He has built and led cybersecurity and compliance teams in different healthcare, financial services, and pharmaceutical organizations throughout his career. Greg's proven expertise in technical, administrative, and procedural controls for information protection allows him to help businesses keep their critical information secure, confidential, and intact.

Previously at

Tarun Sharma

Verified Expert in Engineering

14+ Years

of Experience

Enterprise Risk Consultant

Tarun is a software architect who has worked with Fortune 500 clients and enterprise-level companies like Nestlé and Deloitte. He is also a result-oriented Citect SCADA Certified Engineer experienced in leading industrial control systems, SCADA, energy management systems (EMS), and critical infrastructure solution strategy development. As an IRCA Certified ISO 27001 Lead Auditor, Tarun has expertly consulted and audited based on the said ISO framework.

Previously at

Mladen Gavrancic

Verified Expert in Project Management

28+ Years

of Experience

Risk Transformation Consultant

Mladen is a senior project manager and GRC consultant with extensive experience leading multi-country project teams in the banking and insurance sectors. He has worked with major corporations and startups on core technologies and mobile apps, overseeing IT projects' transformations and rollouts. Mladen led international teams and delivered multimillion-value projects at a fast pace, showcasing his role as an agile servant leader, especially during his tenure at Societe Generale and HVB group.

Previously at

Vanessa Wood

Verified Expert in Engineering

10+ Years

of Experience

Enterprise Risk Program Manager

Vanessa is an energetic and highly competent Certified Information Systems Security and Project Management Professional (CISSP, PMP). She has spent 10+ years successfully directing complex technical programs for companies like Salesforce, Microsoft, and Boeing. Vanessa also has an excellent track record demonstrating leadership abilities, executive decision-making, complex problem-solving, detailed project planning, and effective communication.

Previously at

On-demand Talent and Teams

30,000+ vetted professionals, ready to deploy individually or in teams.

Virtual CISO

Compliance and Controls Advisor

Technology Risk Consultant

Risk and Compliance Advisor

Cloud Risk Architect

Enterprise Risk Executive

Risk and Compliance Consultant

GRC and Risk Consultant

Technology Risk Consultant

Verified Expert in Engineering

20+ Years

of Experience

Virtual CISO

Christopher is an experienced principal consultant with a demonstrated history of working in the private and public industries. He is skilled in security, software development, enterprise architecture, operations management, IT strategy, cloud computing, and training. As a consulting professional with a doctorate in business administration, Christopher is focused on information systems and enterprise resource management.

Previously at

Verified Expert in Engineering

10+ Years

of Experience

Compliance and Controls Advisor

Gökay is a senior manager and principal advisor specializing in cybersecurity, information security, auditing, and regulatory standards. He is highly skilled in enterprise security architecture and is an expert at delivering sustainable protection, strengthening reputation, and enhancing digital presence while enabling effective risk mitigation to prevent financial loss.

Previously at

Verified Expert in Engineering

7+ Years

of Experience

Technology Risk Consultant

Nicaury is a security engineer with 7+ years of experience in information security, cybersecurity, and systems administration. She has worked in fast-paced, remote environments for years, developing excellent communication and leadership skills. Nicaury is a certified professional with proven problem-solving and analytical skills, a fast learning curve, and the ability to adapt to any team.

Previously at

Verified Expert in Engineering

10+ Years

of Experience

Risk and Compliance Advisor

Anurag is an experienced security professional with a strong background in incident handling and threat hunting based on different attack frameworks. He has expertise in Active Directory and cloud security (Azure), utilizing offensive security tools such as Bloodhound to identify and mitigate threats. He's played a key role in the development and deployment of SOC infrastructure. He's delivered training to different tiers of the SOC team on security best practices, compliance, and the cyber threat landscape.

Previously at

Verified Expert in Engineering

22+ Years

of Experience

Cloud Risk Architect

Subbu is a subject matter expert in information security and has more than 22 years of information technology experience. He has assisted large enterprise customers in the banking, telecommunication, and e-commerce sectors with security transformation, DevSecOps, security architecture, and implementations. Subbu’s security expertise includes AWS, GCP, IAM, enterprise security, data protection, and application security and compliance.

Previously at

Verified Expert in Engineering

20+ Years

of Experience

Enterprise Risk Executive

Fattis is one of the most talented and seasoned information security executives in the market today. Having worked as a vCISO and a BISO director of business enablement and resilience for a Fortune 500, he brings together solid project management, communication, and documentation skills, specifically leveraging cybersecurity in business settings. Fattis is CAP, CDPSE, CISSP, and CRISC certified and is highly effective in communicating cybersecurity to both technical and nontechnical staff.

Previously at

Verified Expert in Engineering

13+ Years

of Experience

Risk and Compliance Consultant

Mohammad is a seasoned cybersecurity professional who excels in translating cybersecurity into practical business language. He is well-versed in cybersecurity risk management and compliance and experienced with standards such as ISO 27001 and ISO 22301, GDPR, and NIST Cybersecurity Framework.

Previously at

Verified Expert in Engineering

23+ Years

of Experience

GRC and Risk Consultant

Lucas is a seasoned professional with more than 23+ years of experience leading and scaling high-growth tech companies. He's passionate about digital transformation and cybersecurity, having implemented complex security programs, led successful acquisitions, and developed audit and compliance programs to safeguard against cyber threats while promoting business growth. Lucas brings a forward-thinking approach and a deep understanding of emerging threats to every role.

Previously at

Verified Expert in Engineering

20+ Years

of Experience

Technology Risk Consultant

Mahesh is an IT service professional with more than 20 years of end-to-end presales and delivery experience on large complex assignments involving the integration of multiple platform technologies. He has worked in various industries, including government and finance. Mahesh holds a bachelor’s degree in electronics and communication and is a Google Cloud Certified Professional in cloud architecture, data engineering, network engineering, and security engineering.

Previously at

Looking for guidance about the perfect risk management service for your needs?

Get a Free Consultation Now

Looking for guidance about the perfect risk management service for your needs?

UNRIVALED EXPERTISE

Our Talent Has Worked With Top Companies

Having previously worked with these leading global companies, our talent brings valuable insights and expertise to deliver world-class outcomes.

https://www.toptal.com/management-consultants/business-management-consultants

WHY ORGANIZATIONS CHOOSE US

Toptal in Action

Discover the cutting-edge benefits our clients enjoy from the global Toptal network.

Toptal accelerates vendor risk management and enhances security for SaaS leader, reducing onboarding time by 50%.

Challenge: The client faced delays in vendor risk management, which slowed access to critical services, impacting business operations.

Solution: Toptal’s security architect optimized the intake process, conducting thorough SaaS vendor reviews to ensure compliance with the client’s security standards. Toptal worked with cross-functional teams and vendors to resolve security issues, ensuring alignment with the client’s security posture.

Outcome: Fifty vendors were onboarded in just three months, halving the initial six-month timeline and significantly reducing the backlog. Toptal strengthened the client’s third-party risk management, ensuring vendors met security standards without compromising operational security and upholding its reputation for stringent security measures.

Toptal Ranked #1 Most Reliable Professional Services Company in America

Newsweek and Statista’s rankings were based on an independent survey of more than 2,400 decision-makers at Fortune 500s.

IBM — Newsweek's Most Reliable Companies in America 2026 ranking. Toptal is ranked #11, the highest-ranked professional services firm.

See the Most Reliable Companies in America

Methodology for the Rankings

How likely the respondent is to recommend the selected company to others.

Measures the convenience of interaction with the company and efficiency of processes.

Measures the company’s cost-effectiveness and quality relative to price.

Measures whether the company consistently meets or exceeds expectations in quality and timeliness of deliverables.

Measures the company’s ability to consistently fulfill commitments and maintain customer trust.

See the Most Reliable Companies in America

OUR THOUGHT LEADERSHIP

Explore Insights From the Risk Management Field

Read the latest articles and resources to keep you current on emerging trends in risk management consulting, risk assessment, compliance management, and more.

How Forensic Accounting Can Supercharge Your Financial Risk Analysis

In an increasingly volatile business environment, companies need to step up their risk management game. Forensic accounting can help spot oncoming problems before it’s too late.

Christopher Holloway

Senior Writer

13 Years of Experience

Christopher is a Senior Writer at Toptal with 13 years of experience researching and writing about how technology transforms sectors like banking, business, manufacturing, and healthcare**.** He was previously the business and technology editor at AméricaEconomía and has developed content for Sony Pictures, Johnson & Johnson, Mini, and LATAM Airlines*.*

Expertise

Risk Management

3 Emerging AI Security Practices for Proactive Cyber Defense

Michael Figueroa

Michael is a seasoned information security leader with experience at the Advanced Cyber Security Center and Toptal. He holds a bachelor’s degree from the Massachusetts Institute of Technology and a master’s degree in high-tech crime investigations from George Washington University.

Cash Flow Optimization: How Small and Medium Businesses Can Unlock Value and Manage Risk

Emilio Parente

Verified Expert in Management Consulting

Cash Flow Consultant

The New Risk Management Playbook: Black Swans and the Rise of Scenario Analysis

Michael J. McDonald

Michael is an award-winning journalist who has worked at Bloomberg News and Thomson Financial. He is a Senior Writer for Toptal’s Management Consulting Blog.

Risk Management Related Offerings

Explore Related Services and Roles

Pair Toptal’s Risk Management Consulting with related competencies to effectively tackle your business challenges.

Risk Management Consultants Vulnerability Management Security Consulting Services Cybersecurity Consulting Services Data Security Services Application Security Services Incident Response Services Finance Transformation Consulting Strategy Consulting Corporate Strategy Consulting Business Consulting Services M&A Due Diligence Consulting Performance Improvement Consulting

Looking for guidance about the perfect risk management service for your needs?

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