Risk Owner Fundamentals

This 2-hour online workshop is designed to provide a comprehensive understanding of the roles and responsibilities of Risk Owners in a business. It focuses exclusively on what it means to be a Risk Owner, the accountabilities associated with the role, and how to effectively manage risk within your area of responsibility.

What You'll Learn:

• Understanding the Role of a Risk Owner: Clarify the scope of responsibility, authority, and accountability of Risk Owners within a business structure.

• Identifying Risk Ownership Boundaries: Learn how to define and document the limits of your risk ownership, including cross-functional coordination.

• Accountability in Risk Management: Explore how Risk Owners are responsible for ensuring appropriate controls are implemented, monitored, and reviewed to mitigate risk.

• Communication and Reporting Responsibilities: Understand the importance of clear communication with stakeholders, including the board, executive management, and operational teams.