Risk Management is a fundamental component of managing our operations.

Our processes to identify, assess and manage risk include:

• Audit and Risk Management Committee monitoring of the overall risk management framework, financial reporting processes, processes for compliance, performance of auditors and oversight of the audit program.
• a broad based risk assessment process which is used to develop a rolling three-year internal audit plan and to inform risk management activities.
• the corporate planning processes which prioritise actions based on assessed risks.
• the project control framework which is used for rule change, review and corporate projects. This includes the creation of a risk register, where relevant, and the active management of identified risks.

The Committee's membership consists of:

Elected Members
Alderman Jimmy Bouhoris
Alderman Brian O’Gallagher
Alderman Morgan Rickard

Community
Roland Chin (Chair)
Sanja Hill
Ninad Sinkar
Shane Smith

To find out more about Risk Management and Audit Committee download the Terms of Reference.