Strategic Planning

Risk Management Committee

Terms of Reference

1. To maintain, review and update the risk management policy at all appropriate levels of the University to deliver best practice and to comply with HEFCE requirements.
2. To keep under regular review the University's Fundamental Risks individually and the application of controls against these fundamental risks, and to monitor the University's risk profile overall.
3. To oversee the implementation of a key performance indicator reporting framework across Schools and Professional Services that provides management with timely and accurate information on areas of key activity and that gives early warnings on areas of significant risk.
4. To promote and embed performance and risk management across Schools and Services, through School/Services Planning Groups.
5. To provide Audit Committee with information on major risk issues arising through the performance and risk management framework and to assist with the planning of the internal audit programme.
6. To provide regular reports on performance and risk management to Council through Strategy, Performance and Resources Committee.

Membership