Professional standards framework
Professional standards describe the knowledge and skills needed to do the job. There are four functional areas, each of which has a number of components:
Insights and Context
- Risk management principles and practice
- Organisational environment
- External operating environment
Strategy and Performance
- Risk management strategy and architecture
- Risk management policy and procedures
- Risk culture and appetite
- Risk performance and reporting
Risk management process
- Risk assessment
- Risk treatment
Organisational capability
- Communication and consultation
- Change management
- People management