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.

• Delegation and Oversight: Learn best practices for delegating tasks while maintaining oversight and accountability.

• Practical Application: Work through real-world scenarios to practice identifying and fulfilling your role as a Risk Owner.

Who Should Attend:

• Risk Owners across all industries, particularly those in high-risk sectors such as mining, construction, manufacturing, healthcare, and more.

• Business leaders and managers seeking clarity on their accountability for risk management.

• Individuals preparing for risk ownership roles or seeking to enhance their skills in risk governance.

Join this workshop to gain the knowledge and confidence needed to excel in your role as a Risk Owner. Understand your responsibilities, improve your decision-making, and strengthen your organisation's risk management framework.