Trade risk becomes manageable when owners, controls and escalation triggers are written down.

01

Start with the facts

List counterparties, countries, products, routes, payment terms and dependencies. Identify where a single failure would interrupt the whole transaction.

02

Build the operating plan

Score risks using likelihood and impact, then assign an owner and a control that can be evidenced.

03

Validate the handoffs

Review sanctions and end-use questions, documentary accuracy, supplier concentration, cargo exposure and currency mismatch with relevant specialists.

04

Close the loop

Update the register at every significant change in supplier, route, product or regulation.

Editorial note

This guide is general information. Requirements and commercial conditions vary by jurisdiction, product and date. Confirm a live transaction with the relevant licensed professionals.

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