Non-Financial Risk Management Working Group Programme

We are committed to supporting the global COO community and to helping them address market wide, non-proprietary challenges. 

In line with the identified demands on the COO, in June 2022 we established a programme of working groups to engage our community in debate throughout the year. 

Objective: 

As directed by the Q4 2021 / Q1 2022 COO priority of work surveys, iCOOC working groups will be established in Q2 2022 for Financial Markets, Investment Banking and Asset Management. The objective of forming these working groups is to facilitate effective collaboration within iCOOC (International COO Community). 

Purpose: 

The purpose of forming these working groups is to promote the sharing of information and opinions between selected iCOOC executives to achieve a desired outcome. 

Output: 

Each working group will have a year end output which will be an aide mémoire, industry paper or a product. The content will have been provided and shaped by the collective thought of the COO community. This initiative will be led by the CEO of Armstrong Wolfe (moderator), and the joint Armstrong Wolfe Advisory managing partners (content and programme leadership). The Armstrong Wolfe leadership team will be supported by appointed industry advisors and 3rd party companies with known capabilities and/or insights that will add value to each working group. 

Non-Financial Risk Management Working Group 

Q2: Non-Financial Risk Management (Framework, Management and Governance) 

Q3: Target Operating Model 

Q4: NFR Data Solutions and Technology Horizon Scanning 

“The subject of Non-Financial Risk (NFR) is high on the COO agenda, as the industry exits one crisis (the pandemic) and enters another (the Russia-Ukraine conflict). Whilst very different in nature and impact, both fall within NFR, where an organisational and industry commitment to horizon scanning would have had the industry better prepared for both.” (An investigation into Non-Financial Risk Management, Armstrong Wolfe POV) 

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