Roles and Responsibilities

Question 1

Which risk roles represent first line of defence

Answer 1

CEO, Location manager ( bit like a higher grade risk manager) and individual employees

Question 2

What documents does the Risk Manager develop.

Answer 2

Policy and has responsibility for RASP

Question 3

Is an internal audit manager the 1st, 2nd or 3rd LOD

Answer 3

3rd - audit risk process across the org.

Question 4

Is specialist risk management functions the 1st, 2nd or 3rd LOD

Answer 4

2nd - kind of like the directorates.