{"id":1826,"date":"2022-11-30T10:14:23","date_gmt":"2022-11-30T10:14:23","guid":{"rendered":"https:\/\/www.theirmindia.org\/blog\/?p=1826"},"modified":"2026-01-21T13:19:17","modified_gmt":"2026-01-21T13:19:17","slug":"6-cro-behavioural-competencies-sample-question-checklist","status":"publish","type":"post","link":"https:\/\/www.theirmindia.org\/blog\/6-cro-behavioural-competencies-sample-question-checklist\/","title":{"rendered":"6 CRO Behavioural Competencies \u2013 Sample Question Checklist"},"content":{"rendered":"

\"Getting<\/a><\/p>\n

Effective risk leadership<\/a><\/u><\/strong><\/em> is an essential component of a healthy risk culture. Corporate governance codes around the world have underlined that effective risk management requires the right people and resources to be in place. They have also emphasised the importance of clear accountability for this function. Ultimately, the responsibility for risk management<\/a><\/u><\/em><\/strong> rests with the board, but that board needs to have confidence that they are delegating day-to-day responsibility to a suitably competent person, who will also be responsible for giving them the highest quality advice to support risk-based decision-making. An excellent risk management function, with a wise and competent leader, will add value by allowing the organisation to achieve objectives by exploiting opportunities and by taking the appropriate amount of risk, thus protecting people, assets and reputation.<\/p>\n

IRM\u2019s professional standards<\/a><\/u><\/strong><\/em> set out both the technical risk management competencies and the behavioural competencies required for risk professionals working at different career levels, ranging from junior support level up to leadership level. The professional standards are the IRM\u2019s framework to support qualifications, training, and continued professional development for individuals. The leadership level covers roles such as CRO risk officer and Directors or Heads of Risk Management.<\/p>\n

Those operating at this level are typically responsible for creating an organisation\u2019s risk strategy and providing oversight of risk matters. They will be influencing and informing the governing body and decision-makers on risk management strategies and developing a healthy risk culture. Beyond their immediate employment, they will be of such a status in the wider community as to influence the direction and profile of risk management and the profession.<\/p>\n

\"Competencies<\/p>\n

Questions to ask (Note whether the candidate gives their answers in something like the \u2018STAR\u2019 format \u2013 focusing on Situation, Task, Action, and Result)<\/p>\n

Courage and confidence<\/p>\n