Risk Committee

Mission

To provide a broad risk perspective in the areas of safety, security, and well-being of persons associated with or represented by the College as well as protecting the assets of the College; i.e., its people, property, financial resources, and reputation.

Objectives

• Create and maintain a risk culture that incorporates risk management into day to day activities for all College representatives
• Determine strategy and program objectives
• Establish levels for risk appetite
• Establish the Enterprise Risk Management (ERM) structure
• Provide ERM program oversight

Definitions

• Risk – An event or condition that may result in damage, injury, or loss to the College or persons associated with or represented by the College or that could impede Snow College from meeting its mission or strategic goals.
• Risk Assessment – Process to identify and rank risks based on the probability of them occurring and the overall impact they would have on the College
• Enterprise Risk Management (ERM) – Strategic college-wide approach to managing risk

Members

• Risk Manager
• Internal Audit Director
• Information Security Officer
• Campus Services Director (Ephraim)
• Campus Services Director (Richfield)
• Vice President Finance and Administrative Services - Chair
• Campus Safety Officer
• Human Resources Director
• Faculty Designee (to be determined by the VP Academic Affairs)