C A M B R I D G E I N D U S T R I A L T R U S T
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RISK MANAGEMENT
Proactive and effective risk management is a fundamental part of CITM’s business strategy.
CITM recognises that risk management is about opportunities as much as it is about threats. To capitalise on opportunities,
CITM has to take risks. Therefore risk management is not about pursuing risk minimisation as a goal but rather about
optimising the risk-reward relationship, within known and agreed risk appetite levels. CITM therefore, takes risks in a
prudent manner for justifiable business reasons.
Risk Appetite, Tolerance,
Attitudes and Philosophy
Risk Reporting Structures, Roles,
Responsibilities, Communications
Risks Tracked
Risk Assurance
Risk Management Process
Risk
Identification
& Assessment
Risk
Management
Application
Risk
Monitoring
Reporting
Risk
Strategy
Internal
Audit
Portfolio
Reputation
People
Performance
Operational
Financial
Risk
Governance
External
Audit
Standard
Operating
Procedures
Compliance
Monitoring Program
(“CMP”)
Training
Whistle-
Blowing
