Risk Management & Assurance
A Risk Manager’s role has evolved from reducing and managing a predetermined set of risk exposures to identifying core business areas where risks can be retained to seize growth opportunities and generate returns.
This ties risk management and assurance to business performance and changes risk management from an exclusive centralized function to a federated, top-down approach aligned centrally with business objectives. Reporting and assessments are distributed to lines of business for ownership and execution and accountability. By managing risk appetite and response to risks, Risk Managers drive organizational behavior today.