Who Manages Risk?

Most leading organizations have established an Enterprise Risk Management (ERM) program to identify and assess their key risks, and manage their mitigation processes within the organization. The ERM program generates a summary “risk register” and “heat map”, as well as detailed supporting reports for management.

In the current environment, expectations are high that boards will also understand the key risks of the organizations they oversee, and ensure they are appropriately mitigated.

However, many organizations struggle to determine the distinction between the board’s and management’s roles in overseeing and managing risk. Examples of questions often raised include:
  • Which of the various ERM reports and registers should be reported to the board and what should the board do with the reports? 
  • What questions should a board member ask?
  • How does a board decide which risks require more or less mitigation?
Our speaker, James Barr, has extensive experience supporting both management and boards in their risk management and oversight responsibilities. In this presentation, he will provide insight into the basics of ERM processes, board expectations of management, and advice on how the board can effectively exercise its oversight role over risk.


James BarrPartner KPMG Risk Consulting
James Barr is a Partner in KPMG’s Risk Consulting practice, and the leader of the Canadian Enterprise Risk Management (ERM) service line. James is a CPA,CA with over 20 years
of professional service experience. He has extensive experience in assisting organizations to develop, evaluate
and evolve ERM programs.

James has facilitated dozens of consultative sessions with senior management, Board of Directors and Audit
Committees to support risk assessment and risk management projects. He also regularly provides ERM introductory training sessions to Boards, Audit and Risk Committees, and executive management, and has coordinated and delivered the training for KPMG’s ERM practitioners for many years.

James has presented across Canada on risk-related topics at numerous conferences and events for organizations such as the Institute of Internal Auditors (IIA), Risk Management Society (RIMS), Financial Management Institute (FMI), and Financial Executives International (FEI).


March 20, 2019

Session: 12:00 PM - 1:30 PM
Lunch will be served 

Location | Lieu:

Manitoba Club
194 Broadway Ave. 
Winnipeg, MB  R3C 0R2

CEUs | CFCs:


Price | Prix :

Member: $55 +tax
Non-member: $80 +tax

Organizer | Organisateur:

Manitoba Chapter

Contact | Contacter:

Donna Berrington
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