October 12, 2017 - 2:34pm
#1
Looking to implement ERM more formally, and wondering what others have in place for department structure, reporting, etc. Looking for the following information:
- Asset Size?
- Title of person responsible for ERM?
- Other than ERM, what else falls under that area (compliance, legal, vendor management, business coninuity, etc.)?
- If Internal Audit reports up through the head of ERM, how do you maintain independence? Who reports IA activity to Supervisory Committee?
- Where does the ERM department ultimately report?
- How many people work on ERM specifically/dept size?
THANK YOU!
