Earning Criteria

• Credential submissions are assessed by academic and industry practitioners with relevant experience.
• The submission process is evidence based and successful achievement of a credential requires a portfolio of evidence, a written reflection and a video testimony showcasing the relevant skills and knowledge at the expected level.  The submission has addressed and demonstrated five out of eight criteria listed below:
• Develops and implements strategy in line with Risk Appetite and the current levels of risk in the business and the new or emerging risks from the operating environment.
• Identifies and continuously monitors new and emerging risks from the external environment that impact risk profile.
• Ensures people are operating within approved risk appetite, including associated limits and authorities.
• Reviews and assesses required capability (people, vendors and technology) and undertakes hiring or development to ensure priority capability and capacity uplift.
• Assesses risks through in-depth monitoring of issues and incidents, control effectiveness, self-assurance activities, Key Risk and Control indicators, Assurance and Audit findings.
• Improves Risk Profile by implementing action plans that effectively address regulatory requirements and root causes of issues to deliver risks back into appetite in a timely manner
• Ensures team members have the right information and insights to make rigorous, evidence-based risk decisions
• Role models and reinforces the foundations of Strong Risk Culture.
• This is version 1.0 of the Risk Management (Financial Services) Leader credential.