Risk Owner definition

Risk Owner means a person that has been given the authority to manage a particular risk and is accountable for doing so.
Sample 1
Risk Owner means the Vice-President identified to oversee the management of a risk.
Sample 1
Risk Owner means an officer of the Company whose duties consist in managing the risk in accordance with the risk management decision-making process that exists in the Company. A risk owner is responsible for risk management and risk monitoring.
Sample 1

Examples of Risk Owner in a sentence

  • Evaluate effect of potential settlement on utilities.2. Slip-lined sewer by CTS contractor.3. Other utilities will be reinforced as needed, monitored during construction, and repaired / replaced as needed.4. Contractor to correct impact of settlements by repair.5. Have contingency repair/restoration plan.6. Utility contact information and procedure will be on plans.7. Develop an allowance for utility repair.8. Include probable costs in estimate.Initial Assessment: 4, 2, 8 Risk Owner: D.

  • These measures must then be agreed by the project lead, Information Asset Owner or Administrator, and, in some cases, the Senior Information Risk Owner.

  • The IAO is required to review the retention period and any requirement to change must be submitted to the Senior Information Risk Owner.

  • The CCG’s Senior Information Risk Owner (SIRO) is the Chief Finance Officer and also the Chair of the Information Governance Forum.

  • Refer to Appendix 1 for information on the role of the Senior Information Risk Owner (SIRO), Data Protection Officer (DPO) and Information Asset Owners (IAO).

  • Monitor work at CP5 - to ensure no addl cost are incurred by ProgramInitial Assessment: 2 (1, 2, 2) Risk Owner: A.

  • The responsibilities of the Senior Information Risk Owner are to lead and champion a culture of good information management, Own the overall information risk policy and procedures and advise the Council’s senior management on information risk.

  • The Council has designated the Depute Chief Executive (Chief Operating Officer) as the Senior Information Risk Owner with the Head of Legal & Governance Services as Depute.

  • Their role is to understand and address risks to the information assets they ‘own’ and to provide assurance to the Senior Information Risk Owner (SIRO) on the security and use of those assets.

  • Compliance risks identified following a privacy impact assessment will be presented to relevant Information Asset Owners, Information Asset Administrators and or the Senior Information Risk Owner (SIRO) in accordance with the School’s Information Assurance Policy.

Related to Risk Owner

  • IRA Owner – Means the individual whose name appears on the Adoption Agreement, who is establishing the IRA.

  • Policy Owner means the owner named in the policy or the certificate holder in the case of a group policy.

  • Risk of Loss The risk for loss shall remain with the Contractor until any Goods that may be required to be delivered pursuant to this Contract or the Bid Documents are delivered to the Authority in accordance with the terms hereof. Contractor shall carry on the work of furnishing and delivering the Goods at Contractor’s own risk and expense until the same is fully completed and accepted by the Authority and shall be solely liable and responsible for the safety and security thereof.

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site, in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • At-risk student means any identified student who needs additional support and who is not meeting or not expected to meet the established goals of the educational program (academic, personal/social, career/vocational). At-risk students include but are not limited to students in the following groups: homeless children and youth, dropouts, returning dropouts, and potential dropouts.

  • Economic Risk of Loss has the meaning set forth in Treasury Regulation Section 1.752-2(a).

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Co-owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • The Sub-Contractor means any person, firm or company (other than the Contractor) to whom any part of the work has been entrusted by the Contractor with the written consent of the Engineer-In-Charge and the legal representative successors and permitted assignee of such person, firm or company.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Risk and needs assessment means an actuarial tool scientifically proven to identify specific factors and needs that are related to delinquent and noncriminal misconduct;

  • Participating abstractor means an abstractor who is authorized to participate in the title guaranty program and who is in full compliance with the abstractor’s participation agreement, the Code of Iowa, these rules, the manual, staff supplements, and any other written or oral instructions or requirements given by the division.

  • Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • New Owner means, collectively, the HDFC and the Company.

  • Owner means the person in whose name American Depositary Shares are registered on the books of the Depositary maintained for that purpose.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Record owner means, as of any particular time, a record owner of Outstanding Shares of the Trust shown on the books of the Trust or any Portfolio or the Trust’s transfer agent as then issued and outstanding at such time;

  • The Contractor means the individual or firm or company whether incorporate not, undertaking the works and shall include legal personal representative of individual or the composing the firm or company and the permitted assignees of individual or firms of company.

  • Generator Owner means the Person that owns the Generating Facility and has registered with the NERC as the Person responsible for complying with all NERC Reliability Standards applicable to the owner of the Generating Facility.

  • Related Trust Means the Continental Pass Through Trust 2001-1A-1-S, to be formed under the Related Pass Through Trust Agreement.

  • Shelter care means the temporary care of children in physically unrestricting facilities.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.