Role Responsibility
Risk Management Roles and Responsibility according to Institute of Risk Management (IRM)
Risk Management Roles and Responsibility according to Institute of Risk Management (IRM). This job description templates can be used to design the Risk Management and Internal Audit functions.
Role of the Board
- The Board has responsibility for determining the strategic direction of the organisation and for creating the environment and the structures for risk management to operate effectively.
- The nature and extent of downside risks acceptable for the company to bear within its particular business
- The likelihood of such risks becoming a reality
- How unacceptable risks should be managed
- The company’s ability to minimise the probability and impact on the business
- The costs and benefits of the risk and control activity undertaken
- The effectiveness of the risk management process
- The risk implications of board decisions
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Business Continuity Management (BCM) Board and Senior Management Roles and Responsibility
Download Free Business Continuity Management (BCM) Board and Senior Management Roles and Responsibility Templates
1. Business continuity management should be an integral part of the overall risk management programme of financial industry participants and financial authorities.
2. Business continuity management policies, standards and processes should be implemented on an enterprise-wide basis or, at a minimum, embedded in an organisation’s critical operations.
3. An organisation’s board and senior management are responsible for managing its business continuity effectively and for developing and endorsing appropriate policies to promote resilience to, and continuity in the event of, operational disruptions.
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IT Configuration Management Roles and Responsibilities Checklist
Download Free Configuration Management Roles and Responsibilities
Chief information officer (CIO):
The CIO is responsible for setting forth policies concerning Configuration Management (CM) and implementing Configuration Management (CM) at the highest level for the organization.
System owner:
The system owner serves as the authority for all matters of Configuration Management (CM) for the system. The system owner is responsible for developing functional requirements and verifying that the requirements are implemented appropriately.
Information systems security officer (ISSO):
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