Risk Management Agreement for Australia

Risk Management Agreement Template for Australia

This document is a comprehensive Risk Management Agreement designed for use in Australia, complying with federal and state legislation including the Corporations Act 2001 and relevant Work Health and Safety regulations. It establishes the framework for identifying, assessing, and managing organizational risks, defining the responsibilities and obligations of all parties involved in the risk management process. The agreement incorporates Australian risk management standards and best practices, including alignment with ISO 31000:2018 guidelines, while addressing specific jurisdictional requirements and regulatory obligations unique to the Australian business environment.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Risk Management Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Risk Management Agreement?

The Risk Management Agreement serves as a critical document for organizations operating in Australia seeking to establish formal risk management protocols and responsibilities. This agreement is essential when engaging external risk management service providers or formalizing internal risk management processes. It addresses key areas including risk identification, assessment, mitigation strategies, monitoring, and reporting requirements, while ensuring compliance with Australian regulatory frameworks. The document is particularly relevant in contexts requiring systematic risk management approaches, such as large-scale projects, complex operations, or regulated industries. The agreement typically incorporates Australian-specific legal requirements, industry standards, and best practices, making it suitable for organizations seeking to demonstrate due diligence in their risk management approach.

What sections should be included in a Risk Management Agreement?

1. Parties: Identification of all parties to the agreement, including the risk management service provider and the client organization

2. Background: Context of the agreement, including the purpose and scope of the risk management services

3. Definitions: Key terms used throughout the agreement, including technical risk management terminology

4. Scope of Services: Detailed outline of the risk management services to be provided

5. Risk Assessment Framework: Methodology and approach for identifying, analyzing, and evaluating risks

6. Roles and Responsibilities: Clear delineation of duties between parties in implementing risk management measures

7. Risk Treatment and Controls: Procedures for implementing risk mitigation strategies and control measures

8. Monitoring and Review: Processes for ongoing monitoring of risks and periodic review of risk management effectiveness

9. Reporting Requirements: Structure and frequency of risk management reporting between parties

10. Compliance Obligations: Regulatory and legal compliance requirements related to risk management

11. Confidentiality: Protection of sensitive information shared during risk management activities

12. Term and Termination: Duration of the agreement and conditions for termination

13. Liability and Indemnification: Allocation of risk and responsibility between parties

14. General Provisions: Standard legal clauses including governing law, notices, and amendments

What sections are optional to include in a Risk Management Agreement?

1. Emergency Response Procedures: Include when the agreement covers critical risks requiring immediate response protocols

2. Insurance Requirements: Include when specific insurance coverage needs to be maintained by either party

3. Business Continuity: Include when the agreement covers business continuity planning and disaster recovery

4. Training and Support: Include when the service provider will deliver risk management training to client staff

5. Technology and Systems: Include when specific risk management software or systems will be used

6. Subcontractor Management: Include when third-party service providers will be involved in risk management activities

7. Change Management: Include when formal processes for managing changes to risk protocols are required

8. Dispute Resolution: Include when specific dispute resolution procedures are needed beyond standard legal processes

What schedules should be included in a Risk Management Agreement?

1. Schedule 1: Risk Assessment Matrix: Detailed risk assessment criteria and scoring methodology

2. Schedule 2: Service Level Agreement: Specific performance metrics and service standards

3. Schedule 3: Fee Schedule: Detailed breakdown of fees and payment terms

4. Schedule 4: Key Personnel: List of key personnel responsible for risk management activities

5. Schedule 5: Reporting Templates: Standard templates for risk reporting and documentation

6. Appendix A: Risk Register: Initial risk register template and identified risks

7. Appendix B: Control Measures: Detailed description of specific control measures

8. Appendix C: Communication Protocol: Procedures for routine and emergency communications

9. Appendix D: Compliance Checklist: Checklist of relevant regulatory requirements and standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Mining and Resources

Healthcare

Construction

Manufacturing

Transport and Logistics

Education

Government and Public Sector

Information Technology

Energy and Utilities

Professional Services

Retail and Consumer Goods

Relevant Teams

Risk Management

Legal

Compliance

Operations

Executive Leadership

Internal Audit

Health and Safety

Quality Assurance

Project Management

Finance

Procurement

Human Resources

Relevant Roles

Chief Risk Officer

Risk Manager

Compliance Manager

Operations Director

Chief Executive Officer

Chief Financial Officer

Health and Safety Manager

Project Manager

Legal Counsel

Internal Auditor

Operations Manager

Quality Assurance Manager

Business Continuity Manager

Environmental Health and Safety Officer

Risk Assessment Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Car Park Management Agreement

An Australian-law governed agreement establishing terms for professional management of car parking facilities, including operational and financial arrangements.

find out more

Rental Property Management Agreement Form

An Australian legal agreement establishing the terms and conditions between property owners and property managers for professional rental property management services.

find out more

Agreement Management

An Australian law-compliant framework for systematic agreement management, outlining procedures, responsibilities, and standards for effective contract administration.

find out more

Exclusive Management Agency Agreement Residential

An Australian residential property management agreement granting exclusive rights to a licensed agent to manage a property, including tenant management, maintenance, and administrative duties.

find out more

Employee Management Agreement

An Australian law-governed agreement establishing employment terms and conditions between employer and employee, ensuring compliance with the Fair Work Act and related legislation.

find out more

Commercial Property Management Contract

An Australian-law governed agreement between property owners and management companies for professional commercial property management services.

find out more

Rental Management Contract

An Australian jurisdiction agreement establishing property management terms between owner and manager, compliant with state and federal property laws.

find out more

Hotel Management Contract Agreement

An Australian-law governed agreement between a hotel owner and management company establishing terms for professional hotel operation and management services.

find out more

Asset Management Contract

Australian-law governed agreement for professional asset management services, compliant with local financial services regulations and market requirements.

find out more

Talent Management Contract

An Australian-law governed agreement establishing the terms and conditions between a talent manager and their represented talent, including scope of services, compensation, and mutual obligations.

find out more

Management Fee Agreement Intercompany

Australian-law governed agreement for management services between related companies, including fee structures and compliance requirements.

find out more

Simple Project Management Agreement

An Australian-law governed agreement establishing terms and conditions for project management services between a project manager and client.

find out more

Producer Management Agreement

An Australian law-governed agreement establishing the terms of representation between a management company and a producer in the entertainment industry.

find out more

Managing Agent Contract

An Australian legal agreement establishing the terms and conditions for property management services between a property owner and a managing agent, compliant with federal and state property management laws.

find out more

Management And Administrative Services Agreement

An Australian law-governed agreement defining terms for management and administrative services provision between parties.

find out more

Letting Management Agreement

An Australian jurisdiction agreement establishing the terms and conditions between property owners and property managers for professional property management services.

find out more

Interim Management Contract

An Australian-law governed agreement establishing terms for temporary senior management engagement, including responsibilities, remuneration, and performance expectations.

find out more

Company Let Management Contract

An Australian-law governed agreement establishing terms for professional management services of corporate-owned properties.

find out more

Sports Management Agreement

An Australian-law governed agreement between a sports manager/agent and athlete defining representation terms, services, and mutual obligations.

find out more

Litigation Management Agreement

An Australian law-governed agreement establishing the framework for managing litigation, defining relationships between litigation managers, clients, and other stakeholders.

find out more

Small Business Management Agreement

An Australian-compliant agreement outlining terms for professional management services of a small business, including operational control and performance requirements.

find out more

Farm Manager Contract

An Australian-compliant employment contract for farm managers, setting out terms, conditions, and responsibilities in agricultural operations.

find out more

Car Property Management Agreement

An Australian law-governed agreement establishing terms for professional vehicle management services, including maintenance, insurance, and operational requirements.

find out more

Owner Construction Manager Agreement

An Australian-compliant agreement between a property owner and construction manager for professional construction management services.

find out more

Resident Manager Agreement

An Australian agreement establishing the appointment, duties, and terms for a resident manager of a residential property, complying with relevant federal and state laws.

find out more

Music Producer Manager Contract

An Australian-compliant agreement governing the professional relationship between a music producer and their manager, including rights, obligations, and compensation terms.

find out more

Management Rights Agreement

An Australian legal agreement establishing the terms between a body corporate and management rights operator for caretaking and letting services in strata properties.

find out more

Management Confidentiality Agreement

An Australian-law governed agreement establishing confidentiality obligations for management personnel handling sensitive company information.

find out more

Land Management Contract

An Australian legal agreement establishing terms and conditions for land management activities, including environmental compliance and usage rights.

find out more

Housing Management Agreement

An Australian-law governed agreement between property owners and management companies defining property management services, responsibilities, and terms.

find out more

Self Storage Management Agreement

An Australian-compliant agreement governing the management and operation of a self-storage facility by a management company on behalf of the facility owner.

find out more

Money Management Contract

An Australian-law governed agreement establishing the terms for professional investment management services, compliant with ASIC and other regulatory requirements.

find out more

Exclusive Property Management Agreement

An Australian jurisdiction agreement granting exclusive property management rights to an agency, defining services, obligations, and fee structures.

find out more

Residential Leasing And Property Management Agreement

An Australian-law governed agreement between property owners and property managers establishing terms for professional residential property management services.

find out more

Hospital Management Agreement

An Australian-law governed agreement establishing terms for professional management and operation of a hospital facility, including clinical, operational, and compliance requirements.

find out more

Management Takeover Agreement

An Australian legal agreement governing the transfer of management control and operational responsibilities between entities, compliant with federal and state regulations.

find out more

Farm Management Agreement

An Australian-law governed agreement establishing the terms and conditions between a farm owner and manager for professional farm management services.

find out more

Bar Management Agreement

An Australian-law governed agreement between a bar owner and management company for the operation and management of a licensed venue.

find out more

Acting Manager Contract

An Australian-compliant employment contract for temporary management appointments, outlining terms, conditions, and responsibilities for acting positions.

find out more

Shareholder Management Agreement

An Australian law-governed agreement establishing the framework for managing shareholder relationships, rights, and obligations within a company.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now