ERM Leads reach out across their respective departments to discuss risk and this provides ownership, comprehensive coverage, and capability across the entire Bank. Over time, as new and updated ERM initiatives develop, the ERM Lead community are a key engagement point to disseminate information across the Bank.
As a mature and collegial community there are also healthy cross-departmental ERM forums, and these provide a further layer of enterprise level risk focus and robustness. To summarise, getting the “people” aspect right is critical for successful enterprise risk management. Engage, communicate, teach, explain, and then do it again, and again.