Operational Risk Policy


The purpose of this policy is to establish guidelines and procedures to mitigate the risks associated with operational activities and to ensure the organization's continuity, reliability, and efficiency.


This policy applies to all employees, contractors, and third-party vendors who participate in operational activities that support the organization's objectives.


  1. Risk Assessment: The organization will conduct regular operational risk assessments to identify, evaluate and mitigate operational risks. The assessments will include:

  1. Process Improvement: The organization will implement and maintain continuous process improvement methodologies to optimize operational activities. These methodologies will include:

  1. Business Continuity: The organization will establish and maintain a business continuity plan to ensure the continuity of critical operational activities in the event of a disruption. The business continuity plan will include:

  1. Vendor Management: The organization will establish and maintain a vendor management program to ensure that third-party vendors provide reliable and secure services. The vendor management program will include:

  1. Training and Awareness: The organization will provide regular operational risk training to employees, contractors, and third-party vendors. This training will include:


Failure to comply with this policy may result in disciplinary action, up to and including termination of employment or contract.

Review and Revision:

This policy will be reviewed and revised periodically to ensure it remains current and effective.

Last updated