Developing, Defining and Quantifying Your Risk Appetite

Satarla were invited to speak at the RIMS webinar Developing, Defining and Quantifying Your Risk Appetite on 12th August 2021, by session sponsors Resolver.

The webinar will expanded on the discussion held on the same topic from last year, which looked at how risk teams help their leadership teams gain an understanding of new and emerging risks that enable them to make strategic decisions within their risk appetite.

Dr Sarah Gordon (Satarla, CEO), Amanda Cohen (Resolver, Director of GRC Products) and Rob Quail (Consultant on ERM), continued the discussion and outlined strategies to define, implement and quantify risk appetite for your organisation; with real life examples of successful risk appetite initiatives that give you practical tools to assist you in reporting and measuring risk appetite.

The slides from the session are available, here.

Key takeaways from the session include how to:

• Develop a framework for setting risk appetite;

• Quantify your organisation’s risk appetite;

• Implement monitoring mechanisms for reporting on risk appetite; and

• Confidently present your findings to senior leadership.