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We discuss the following questions:
1:11 - Why, in many instances, are senior executives and board members not aligned on where the accountability for risks lie?
2:47 - What are companies doing today to make sure that risk accountability is crystal clear?
4:02 - Are board members and senior executives receiving a consolidated view of risk across the enterprise from risk function executives and is that trend changing?
5:09 - What are some specific actions boards and senior executives can take to drive greater risk function collaboration?
7:02 - How can the risk management program itself help drive better risk function collaboration?
Brian Schwartz is a Partner in PwC's Risk and Regulatory practice and the primary author of the Global Risk Study. With over 30 years of experience, Brian has a diverse background with deep risk management and internal audit experiences and capabilities, including consulting and corporate leadership roles as Chief Audit Executive, Compliance Officer and member of Risk Oversight Committee. Brian has worked with companies across sectors. He has a proven track record of helping companies think through emerging and future risks and providing with the right, tailored solutions to address those risks and concerns.
Jaime Phillips is a Principal in PwC's Risk and Regulatory Practice with more than 17 years of experience serving Risk Management, Compliance and Internal Audit clients. Her experience includes risk management and internal audit advisory, outsourcing and co-sourcing, as well as external audit support and SOX engagements. Jaime also has extensive experience in planning, executing, and managing all aspects of compliance projects, testing function implementation, internal controls assessment projects, technology, technology governance and strategy, business process audit, and system implementation work. Jaime helps lead our national SOX Center of Excellence, where she is focused externally on helping clients and engagement teams digitize SOX compliance and internally on driving the firm’s Digital SOX strategy.