Our Risk Management Policy & Assessment Templates contain a comprehensive risk policy and procedure alongside a template for completing a business-wide risk assessment. The procedures follow the Three Lines of Defence approach and as such are suitable for any industry or business type. Accelerate the identification, assessment and mitigation of your business risks and benefit from a standardised approach to risk management.
NOTE: This is a template pack for a business-wide risk policy & risk assessment. If you are looking to complete an Anti Money Laundering risk assessment, please see our AML Risk Assessment Template.
About the Risk Management Policy & Assessment Templates
Analysing the risks associated with your organisation is an essential part of your compliance program. Risk management policies, procedures and controls must be effective and fit for purpose. The templates in this pack set out the risk assessment stages and provide working procedures for completing a company-wide risk assessment.
The assessment template allows you to quickly identify the main risks to your business and customers. We have also provided a risk matrix scoring system for assessing and measuring the importance, impact and likelihood of the risk.
Key template details…
- Provides a documented framework for your approach to risk management with a 20-page customisable policy and procedure document
- Follows the recognised three lines of defence approach which provides internal structure and controls for risk management
- Use the procedures and assessment template to identify and assess vulnerabilities and use the effective processes to manage and monitor your risks
- The ready to use, but customisable templates allow you to document how you will mitigate the risks through corrective actions, controls and operational measures
- Includes detailed examples of how to identify, record and monitor the risks in your business
Customisable and available for instant download. Includes:
- Template Customisation Guidance
- 20-Page Risk Management Policy & Procedures Template
- Risk Assessment Template (Excel)
- Risk Assessment Template (Word)
- Risk Register Template
- Corrective Action Plan Template
- Policy Statement
- Purpose & Scope
- What is Risk?
- Objectives
- Data Protection Risks
- Money Laundering Risks
- Approach to Risk Management
- Communication & Consultation
- Response to Risk
- First Line Procedures
- Identify the Risk
- Assess & Analyse the Risk
- Risk Rating Matrix
- Manage the Risk
- Risk Corrective Actions
- Risk Register
- Second Line Procedures
- Review & Monitor the Risks
- Third Line Procedures
- Audits
- Reverse Stress Testing
- Documenting Risk Assessments
- Risk Reporting
- Responsibilities