University of Tasmania, Australia

The Vice-Chancellor and Senior University Managers are responsible for overall risk oversight through:

• conduct of the corporate risk management process periodically;
• review of the operational risk management process results in the context of identified corporate risks;
• determination of broad plans for action
• reporting to Council through the Risk & Audit Committee.

Senior University Managers are responsible for:

• implementation of corporate risk management action plans; and
• conduct of operational risk management process periodically for their area/s of responsibility.

The Manager Risk Management and Audit Assurance is responsible for:

• provision of on-going guidance to all levels of management on the risk management process;
• supporting the Vice-Chancellor and Senior University Managers in carrying out its risk management role.
• developing and implementing the internal audit work plan in response to the results of the risk management process
• performance of a periodic review of the risk management process.