Partner Roles and Responsibilities

Implementation of an ERM program requires action and responsibility at all levels of the institution, as summarized below:

Chief Resilience Officer 

  • Design and implement the ERM process
  • Ensure the Board of Trustee and Senior leadership are apprised of the most critical risks to achievement of the entity’s mission and objectives

Risk Owners 

  • Identify current and emerging risks, assess, manage and communicate risks
  • Remediate gaps in mitigation and monitoring
  • Ensure risk management is integrated into daily activities

President and Strategic Enterprise Risk Management Committee 

  • Provide input, guidance, and oversight on ERM, including stratgic risks priotization 
  • Charge SERMC Workgoups 
  • Champion ERM process within respective areas of responsibilities

Board of Trustee 

  • Provide risk oversight by understanding and approving the ERM process and overseeing significant risks