The Risk Management (Department) principal functions and responsibilities are to design, implement, monitor, review and continually improve measures for NASSCORP risk management process in order to impact/affect its framework objectives. Its functions include, but are not limited to

• Publicizing the officially approved Enterprise-wide Risk Management Policy and established Framework;
• Supporting Management’s Risk Management strategies for effective corporate governance;
• Identifying and reporting risks to the appropriate levels within the Corporation and recommending practical solutions;
• Assessing/monitoring Enterprise-wide Risk Management (ERM) processes at all levels of the Corporation;
• Developing and publicizing NASSCORP Enterprise-wide Risk Management response methodologies/ strategies;
• Conducting risk management training for NASSCORP employees; and
• Ensuring NASSCORP Enterprise-wide Risk Management objectives are attained.