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