Risk management competencies relate to disaster planning, risk mitigation and measurement, and risk avoidance. The focus is on planning, managing, monitoring, and evaluating, as well as contingency planning and disaster recovery. Competencies include:
- Disaster preparedness planning and management
- Emergency planning and response in relation to financial operations
- Risk assessment and analysis
- Risk mitigation, e.g., insurance; outsourcing; disaster recovery
- Liability, e.g., regulatory compliance; financial; general; property; contract management; personnel management issues