Risk Management at the University of York is coordinated by the Finance Department, on behalf of the University Executive Board, in accordance with the Risk Management Policy: Risk Management Policy (PDF , 1,182kb)
The University holds a central risk register which contains risk evaluation for each of the major risks facing the University. This risk register is updated regularly by University Executive Board based on the recommendations of the Risk Review Group.
This corporate risk register is circulated to University Council and the Audit & Risk Committee.
Departmental Risk Registers
Each department maintains its own risk register which should be regularly reviewed and summarised by the Faculty. A faculty summary is submitted to Risk Review Group. These are reviewed and submitted to University Executive Board.
The University risk appetite provides guide to academic managers, professional managers and committees indicatating:
- Areas where colleagues should step out and be innovative,
- Areas where colleagues should be conservative and compliant in their activities,
- Boundaries across which the Council and the University Executive Board would not wish to cross,
- Or where the University Executive and Council would need to be notified.
Risks are reported through the following routes:
In each area the reporting cycle is: