Hi sir, it is the responsibility of the risk manager to identify and assess the risk facing the company not the risk committee right ?
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Risk assesment
" The risk manager is responsible for sending reports to the risk management committee to review their work and recommending to the board if necessary"
review what work ? and recommend what to the board?
7y ago#2I'm sure different companies do it differently.
The committee (if the company has one) would be senior to the manager.
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