Enterprise risk & controls · Core

Risk profile

Also called: enterprise risk profile

ELI5

A summary of an organisation's material risk exposures and characteristics.

Used in conversation

“The board will ask what happens if risk profile moves outside tolerance.”

Pitch context

You will see “Risk profile” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.