Risk architecture report: Risk management, roles, responsibilities, organisation and arrangements

Overview

This research was undertaken to discover the variations within the roles and responsibilities of risk managers and how these are changing. These differences are often related to the company, the business sector and whether it is listed on a stock exchange. The research also investigated other aspects of the risk management organisation and arrangements in Airmic member companies.

The research described in this report was completed in two stages. A survey was undertaken of Airmic members to discover their reporting line and the scope of risk management topics with which they were involved. The nature of this involvement was also investigated in the survey, by determining the range of committees that exist within member companies and the involvement of the risk manager with these committees.