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Risk Committee
The Risk Committee is responsible for establishing and maintaining the risk management framework for the SOA that supports the Board's strategic planning process, strategic decision-making and management of key risks. The committee is responsible for the following ongoing ERM processes:
- Identifying key risks and quantifying key risk exposures in terms of potential impact to the strategic plan.
- Defining risk information to support strategic decisions presented to the Board.
- Assisting the Board in defining risk tolerance and proposing options for managing risk exposures within the risk tolerance.
When the Risk Committee becomes aware of risks that need immediate attention, the committee will bring them to the attention of the Leadership Team and the Board of Directors in a timely fashion. The committee shall provide its counsel to the Leadership Team and Board regarding the development of appropriate mitigation actions.
The committee will work with SOA staff and other volunteers as necessary to carry out these responsibilities. The committee will provide reports to the Board on a regular basis, and risk governance will remain the full responsibility of the Board.
- Officer
- Gaetano Geretto, Chairperson
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- Staff Liaisons
- Stacy Lin
- Robert F. Wolf
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- Members
- Sue Blanck
- Larry J. Bruning
- Richard J. Lauria
- S. Michael McLaughlin
- Marcus A. Robertson
- Francis P. Sabatini
- Kathleen R. Wong
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- Staff Support Person
- Cheri Howe
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