Risk Management
E806901
Risk Management is a division that identifies, evaluates, and mitigates risks to protect an organization’s assets, operations, and stakeholders.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
business function
ⓘ
management discipline ⓘ organizational division ⓘ |
| aimsTo |
enhance organizational resilience
ⓘ
ensure regulatory compliance ⓘ reduce impact of adverse events ⓘ reduce likelihood of adverse events ⓘ support informed decision-making ⓘ |
| collaboratesWith |
Compliance
ⓘ
Executive Management ⓘ Finance ⓘ Internal Audit ⓘ Operations ⓘ |
| defines |
risk appetite
ⓘ
risk tolerance ⓘ |
| hasPrimaryGoal |
protect organization’s assets
ⓘ
protect organization’s operations ⓘ protect organization’s stakeholders ⓘ |
| implements |
risk controls
ⓘ
risk policies ⓘ |
| manages |
compliance risk
ⓘ
cybersecurity risk ⓘ financial risk ⓘ operational risk ⓘ reputational risk ⓘ safety risk ⓘ strategic risk ⓘ |
| monitors |
control effectiveness
ⓘ
risk exposure ⓘ |
| performsActivity |
risk analysis
ⓘ
risk assessment ⓘ risk evaluation ⓘ risk identification ⓘ risk mitigation ⓘ risk monitoring ⓘ risk reporting ⓘ |
| reportsTo | Chief Risk Officer NERFINISHED ⓘ |
| supportsProcess |
business continuity planning
ⓘ
capital allocation ⓘ crisis management ⓘ strategic planning ⓘ |
| usesMethodology |
qualitative risk analysis
ⓘ
quantitative risk analysis ⓘ risk control self-assessment ⓘ scenario analysis ⓘ stress testing ⓘ |
| usesTool |
key risk indicators
ⓘ
risk appetite statement ⓘ risk matrix ⓘ risk register ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.