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The phrase "consider the risk" is correct and can be used in written English.
It is typically used to encourage someone to think about the potential negative consequences or dangers associated with a specific action or decision. Example: Before making a final decision, it is important to carefully consider the risks involved.
Exact(60)
Before voting Nader, consider the risk.
"We consider the risk to still be an elevated risk.
But also consider the risk to the camera.
Nor did he consider the risk of overcrowding in the pens, he said.
In other words, I didn't truly consider the risk of window cleaning, just the cash.
However, we consider the risk to our forecast skewed to the downside".
Many consider the risk of challenging the central government too great.
He called on the US authorities to consider the risk of possible job cuts in deciding on penalties.
INVESTORS should also consider the risk in keeping too much of this money in corporate bonds for too long.
And he must consider the risk of injury in a game that has no bearing on the postseason.
"I think you should consider the risk that you may be influencing the decisions of retail investors.
More suggestions(17)
acknowledge the risk
consider the disaster
assume the risk
consider the harm
consider the exposure
conceive the risk
ascertain the risk
consider the danger
explore the risk
consider the hazard
consider the difficulty
consider the crisis
incorporate the risk
consider the dangers
considering the risk
explored the risk
considered the risk
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com