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 six 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.
• Takes an active role in setting risk appetite and ensures people are operating within approved risk appetite, including associated limits and authorities and meet our compliance obligations.
• Assesses risks through in-depth monitoring of issues and incidents, control effectiveness, self-assurance activities, Key Risk and Control indicators, Assurance and Audit findings.
• Makes rigorous, evidence-based risk decisions and 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.
• Reviews and assesses required capability (people, vendors and technology) and undertakes hiring or development to ensure priority capability and capacity uplift.
• Role models and reinforces the foundations of Strong Risk Culture.
• This is version 2.0 of the Risk Management (Financial Services) Leader credential.