Risky Business

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Across
  1. 3. Risk that remains after all efforts to control it.
  2. 5. A risk level that may not need to be addressed.
  3. 7. What risk taking is measured against.
  4. 8. The environment of risk taking.
  5. 10. A conceptual understanding of risk.
  6. 13. The amount of risk an institution is willing to accept.
  7. 14. A way to reduce inherent risk.
  8. 16. The overall feeling that risk management is supported or not.
  9. 18. A way to find out if a risk has materialized.
  10. 19. The state of being free of interference.
  11. 22. A compliance department's oversight responsibility.
  12. 24. A risk reducer programmed into an automated process.
  13. 26. Risk that is embedded in normal business processes.
  14. 27. The example set by executives for risk management.
Down
  1. 1. A risk reducer someone has to perform.
  2. 2. Giving leadership a clear understanding that risk is being managed.
  3. 4. A risk level that can be addressed in the course of business.
  4. 6. A risk level that should be addressed immediately
  5. 9. The line of defense directly responsible to the Board.
  6. 10. A numerical understanding of risk.
  7. 11. A way to stop a risk from materializing.
  8. 12. Used to quantify risk.
  9. 15. The potential that a risk will materialize over time.
  10. 17. A business unit's course-of-business responsibility
  11. 20. Risk rising, falling, or remaining the same.
  12. 21. The line of defense conducted by business units.
  13. 23. A risk level that should be addressed soon.
  14. 25. The line of defense responsible for oversight and monitoring of business line risk management.