Provides oversight over 1st line activities establishing the risk frameworks required to mitigate Non-Financial Risk exposures, to comply with regulatory requirements, Corporate Policies, Corporate Standards and other published directives that support these policies and standards
Provides subject matter expertise, specialist support, and oversight for transactions and circumstances representing significant risk exposures to the Enterprise.
Ensures alignment between their respective risk framework and the NFRMF for consistency and to support the aggregation of results; reviews, provides Effective Challenge and monitors their respective sub‑risks so that Non‑Financial Risk Profile is consistent with business strategy
Ensures appropriate actions are underway to manage significant Non‑Financial Risk exposures, providing Effective Challenge and oversight as appropriate.