ORMC Resource Hub

Risk Management at NUS

How do we support the University?

Risk management is a shared responsibility at all levels of the University. The Chief Risk Officer (CRO) and ORMC, facilitate the implementation of the Enterprise Risk Management (ERM) Policy and Framework at the University level, and ensure that it is relevant, timely and fit-for-purpose by undertaking the following:

 

  • Tracking global, regional and local risk landscape; 
  • Identifying, reviewing and ranking strategic and operational risks;
  • Applying a pre-emptive and recovery lens on risks and crisis; 
  • Assigning, tracking and proactive monitoring of risks; and 
  • Risk-reporting to the University’s Executive Committee / Board of Trustees and the Risk Management Steering Committee

Here are some useful resources and information

ERM Policy

The purpose of the NUS Enterprise Risk Management (“ERM”) Policy & Framework is to enable a Whole-Of-University approach to adopting a strategic and operational risk management. Learn the philosophy and principles in how risks are managed in NUS.

Risk Register

Learn about how you can use this tool to capture information on potential threats to the University’s operational, financial, reputational and academic objectives.

Risk Incident Reporting

Find out how Risk Incident Reporting complements Risk Register, and the standardised protocol for staff and students to report incidents.

Risk Assessment Matrix

Gain understanding on how NUS uses a 5×5 risk matrix to evaluate the impact of risks.

Business Continuity Management

Learn about the BCM process that identifies potential impact that threatens the University and the framework for building resilience and the capability. Find out more about our BCM approach, planning process, as well as toolkits and training resources to help you play your part to fortify the University’s operational resilience.