Chief Risk Officer Flashcards

1
Q

What are the behavioural competencies of a chief risk officer?

A
Collaboration and partnering
Building capability
Innovation and catalyst
Integrity, ethics and values 
Influence and impact
Courage and confidence
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2
Q

What are the risk management competencies for a CRO?

A

Insights and context
Strategy and performance
Risk management process
Organisational capability

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3
Q

Attributes of the collaboration and partnering

A

Engaging with stakeholders to deliver results.

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4
Q

Attributes of building capability

A

Facilitating others to achieve positive outcomes

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5
Q

Attributes of Innovation and catalyst

A

Striving constantly to lead the development of creative solutions

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6
Q

Integrity, ethics and values

A

Upholding and living the values of an organisation and industry

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7
Q

Influence and impact

A

Inspiring others to understand the value of risk management

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8
Q

Courage and confidence

A

Standing by your convictions despite adversity

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9
Q

Insights and context

A

RM principles and practice

Internal and external context

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10
Q

Strategy and performance

A

Strategy and architecture
Policy and procedures
Culture and appetite
Risk performance and reporting

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11
Q

Risk management process

A

Risk assessment and treatment

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12
Q

Organisational capability

A

Communication and consultation
Change management
People management

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