Enterprise Risk Management Policy

Date Issued

11-1-2016

Date Updated

4-12-2023

List of All Updated and Revised Dates

4/12/2023 (Update)

Document Type

Policy

Purpose

The Board of Trustees of University of Health Sciences & Pharmacy in St. Louis (“UHSP” or “University”) has adopted a Risk Appetite Statement to guide the University in making decisions regarding acceptable levels of risk in pursuit of achieving the University’s strategic direction and objectives under the umbrella of its overarching mission.

This Enterprise Risk Management Policy establishes the Enterprise Risk Management Committee (“ERMC”) and the procedures intended to identify, communicate, rate and prioritize material risks across the entire University. Together, the Risk Appetite Statement and the Enterprise Risk Management Policy create a framework to guide the University’s risk management activities.

This policy applies to all members of the University Leadership Team and employees assigned to or delegated responsibility for managing specific risks.

Responsible Party

Operations

Recommended Citation

"Enterprise Risk Management Policy" (2016). Operations Policies. 2.
https://collections.uhsp.edu/operationspolicies/2