The Risk Assessment and Management Policy serves as a foundational document for organizations operating in South Africa, establishing systematic approaches to risk management in accordance with local regulations and international best practices. This policy becomes necessary when organizations need to formalize their risk management processes, comply with regulatory requirements, or enhance their governance structures. The document typically includes comprehensive risk assessment methodologies, control measures, reporting procedures, and governance frameworks aligned with South African legislation, including the Companies Act and King IV Report requirements. It's particularly relevant in the current business environment where organizations face increasingly complex risks and regulatory scrutiny.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Risk Assessment And Management Policy
"I need a Risk Assessment and Management Policy for a medium-sized manufacturing company in Johannesburg, with particular emphasis on workplace safety and supply chain risks, compliant with South African regulations and including specific procedures for our chemical handling processes."
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.
OR
1. Introduction and Purpose: Outlines the purpose of the policy and its importance in organizational governance
2. Scope and Applicability: Defines who the policy applies to and what areas of the organization it covers
3. Definitions and Terminology: Defines key terms used throughout the policy for clear understanding
4. Legal Framework and Compliance: Lists relevant South African legislation and regulatory requirements
5. Risk Management Principles: Outlines the core principles and approach to risk management
6. Roles and Responsibilities: Defines responsibilities for board, management, risk committee, and employees
7. Risk Assessment Process: Details the methodology for identifying, analyzing, and evaluating risks
8. Risk Treatment and Control Measures: Describes how identified risks should be managed and controlled
9. Monitoring and Review: Establishes processes for ongoing monitoring and periodic review of risks
10. Reporting and Communication: Specifies risk reporting requirements and communication protocols
1. Industry-Specific Risk Considerations: Additional section for organizations in specialized industries (e.g., mining, financial services) with unique risk profiles
2. Environmental Risk Management: Detailed section for organizations with significant environmental impact
3. Information Technology Risk Management: Specific section for organizations heavily dependent on IT systems
4. Project Risk Management: For organizations regularly engaging in project-based work
5. Supply Chain Risk Management: For organizations with complex supply chain operations
6. Emergency Response Procedures: Detailed section for high-risk operations requiring specific emergency protocols
1. Risk Assessment Matrix: Template for risk evaluation including likelihood and impact scales
2. Risk Register Template: Standard format for documenting and tracking risks
3. Risk Treatment Plan Template: Format for documenting risk treatment strategies and actions
4. Incident Report Form: Template for reporting risk incidents and near-misses
5. Risk Assessment Checklist: Comprehensive checklist for conducting risk assessments
6. Key Risk Indicators (KRIs): List of key indicators for monitoring significant risks
7. Risk Management Committee Terms of Reference: Detailed roles and procedures for the risk management committee
Authors
Relevant legal definitions
Risk
Risk Assessment
Risk Management
Risk Appetite
Risk Tolerance
Risk Register
Risk Owner
Control Measures
Inherent Risk
Residual Risk
Risk Matrix
Likelihood
Impact
Risk Treatment
Risk Mitigation
Risk Transfer
Risk Acceptance
Risk Avoidance
Key Risk Indicators (KRIs)
Risk Management Framework
Risk Profile
Compliance Risk
Operational Risk
Strategic Risk
Financial Risk
Reputational Risk
Hazard
Near Miss
Internal Control
Risk Committee
Material Risk
Risk Rating
Control Environment
Risk Governance
Business Continuity
Crisis Management
Due Diligence
Stakeholders
Risk Management Policy
Risk Assessment Methodology
Risk Assessment
Risk Management
Risk Appetite
Risk Tolerance
Risk Register
Risk Owner
Control Measures
Inherent Risk
Residual Risk
Risk Matrix
Likelihood
Impact
Risk Treatment
Risk Mitigation
Risk Transfer
Risk Acceptance
Risk Avoidance
Key Risk Indicators (KRIs)
Risk Management Framework
Risk Profile
Compliance Risk
Operational Risk
Strategic Risk
Financial Risk
Reputational Risk
Hazard
Near Miss
Internal Control
Risk Committee
Material Risk
Risk Rating
Control Environment
Risk Governance
Business Continuity
Crisis Management
Due Diligence
Stakeholders
Risk Management Policy
Risk Assessment Methodology
Clauses
Purpose and Scope
Governance Structure
Risk Assessment Process
Risk Identification
Risk Analysis
Risk Evaluation
Risk Treatment
Monitoring and Review
Reporting Requirements
Roles and Responsibilities
Documentation and Records
Compliance Requirements
Emergency Response
Business Continuity
Training and Awareness
Performance Measurement
Internal Audit
Policy Review
Communication Procedures
Stakeholder Management
Health and Safety
Environmental Risk
Financial Risk
Operational Risk
Strategic Risk
Information Security
Legal and Regulatory
Incident Reporting
Change Management
Resource Allocation
Governance Structure
Risk Assessment Process
Risk Identification
Risk Analysis
Risk Evaluation
Risk Treatment
Monitoring and Review
Reporting Requirements
Roles and Responsibilities
Documentation and Records
Compliance Requirements
Emergency Response
Business Continuity
Training and Awareness
Performance Measurement
Internal Audit
Policy Review
Communication Procedures
Stakeholder Management
Health and Safety
Environmental Risk
Financial Risk
Operational Risk
Strategic Risk
Information Security
Legal and Regulatory
Incident Reporting
Change Management
Resource Allocation
Relevant Industries
Financial Services
Mining and Resources
Manufacturing
Healthcare
Retail
Technology
Construction
Transport and Logistics
Agriculture
Education
Professional Services
Energy and Utilities
Telecommunications
Real Estate
Public Sector
Relevant Teams
Risk Management
Internal Audit
Compliance
Executive Leadership
Operations
Finance
Human Resources
Legal
Information Technology
Health and Safety
Quality Assurance
Environmental Management
Project Management
Security
Business Continuity
Relevant Roles
Chief Executive Officer
Chief Risk Officer
Risk Manager
Compliance Officer
Internal Auditor
Operations Director
Financial Director
Health and Safety Officer
Department Manager
Project Manager
Quality Assurance Manager
Legal Counsel
Human Resources Director
Information Security Manager
Environmental Officer
Find the exact document you need
Contract Risk Management Policy
A governance document outlining contract risk management procedures and compliance requirements under South African law.
find out more
Risk Assessment And Management Policy
A South African-compliant policy document establishing organizational risk assessment and management frameworks and procedures.
find out more
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.