Initiate Risk Management Process

The overall understanding of Risk Management is with a handful of people, but the execution layer does not understand it properly.
Your organization might have defined quantity and stop-loss limits, but they are not yet formulated into a policy which defines risk limits as well.
Your organization’s senior and middle management needs a buy-in for the Risk Management concept and the need for managing risks better.
You need people who are well-acquainted with intricacies of Risk Management, process which reflect industry best practices, tools which enable managing the entire initiative and a control and monitoring process which ensures that the policy is being adhered to.
Your organization is growing and increasingly dealing with complex structured products and need better understanding of not just those OTC products, their valuations and hedging mechanisms, but also a deeper knowledge of managing Risks across the increasingly complex portfolio.

A Risk Policy which will provide guidelines, limits and guidance for managing Price, Credit and some areas of operations Risks across the organization.
People with good understanding of how the entire process works, how it will benefit the organization and what is their contribution to this process on a periodic basis.
A Software solution to automate deal valuations and Risk calculations and to integrate meaningful output through its reports, alerts and dashboards into your daily operations.
A committee of senior and top management people with defined responsibilities of governing compliance of the policy and processes and monitoring the output and changes from time to time.