Risk Management

Risk enables Âé¶¹Éçmadou and its controlled entities, through understanding uncertainty, complexity and their impacts on strategic objectives, to maximise opportunity, build resilience and enable insights that support effective decision making and governance.

Our team
The Risk team provides advice and support on Risk matters affecting the university. Meet the Risk team, which includes our roles and contact details.

How can we help?
To contact the risk team, please email risk@unsw.edu.au

Enterprise Risk Management
Enterprise Risk Management (ERM) for Âé¶¹Éçmadou is a comprehensive approach to identifying, assessing, and managing risks that could affect the university's ability to achieve its strategic objectives and fulfill its mission effectively. ERM is a vital practice, as we face a wide range of risks, including financial, operational, reputational, regulatory, and strategic risks.
As the core pillars for Âé¶¹Éçmadou's risk management activities, Âé¶¹Éçmadou Risk has defined the Risk Management Framework which outlines the approach to risk at Âé¶¹Éçmadou and its controlled entities, and the Risk Management Policy which has been approved by Council.

Âé¶¹Éçmadou GRC
To capture and manage Âé¶¹Éçmadou’s Enterprise Risk Registers and Opportunities, the Risk team has implemented the Âé¶¹Éçmadou GRC system. This system provides you with the capability to view and make edits to your Risks in real time, increasing your ability to assess and monitor them against strategic insights, allowing you to make better, faster decisions.
If you have any questions, or if you require access to the system, please reach out to risk@unsw.edu.au

Risk universe
Risk universe includes strategic risk, operational risk and travel risk.

Business Continuity
At Âé¶¹Éçmadou, the Business Continuity and Resilience program focuses on identifying the most critical functions that need to continue in the event of an incident or disruption, developing a recovery plan (BCP) and where possible, improving the resilience of the organisation by building in redundancy, adapting the critical function or putting in place different processes that improve resilience when implementing change.

Travel risk
Âé¶¹Éçmadou has a duty of care to all staff and students travelling internationally on Âé¶¹Éçmadou-related business.
If you are seeking approval to travel to a destination that is rated DFAT 3 or 4, or otherwise deemed to be a "High Risk" location by Âé¶¹Éçmadou Risk, then you are required to complete a travel risk assessment for your trip and submit it in your PTA.

2024 Annual Plan
A forward plan for 2024 commencing the transformation of risk management at the university has been devised by the Director, Risk. This plan sets out clear goals and expectations for 2024 aimed at enhancing the risk posture for Âé¶¹Éçmadou.
Please contact risk@unsw.edu.au for guidance on agreed approaches across your respective faculty and division, or to discuss your requirement for Risk Engagement in 2024.
Risk Strategy
Âé¶¹Éçmadou's is usually reviewed every 3 years. It was last updated in 2019.