Risk governance model describes organizational structure, management oversight, roles, responsibilities and accountabilities that support the development, implementation and maintenance. Risk outlines corporate governance at several levels that ensures awareness of and participation in risk management activities. Your risk functions need broad jurisdiction to facilitate policy compliance through integration across business and technology senior management teams and through strong support from the Board of Directors, C-Suite, and Corporate Audit Committee. The risk function emphasizes integration of security responsibilities and controls as part of standard business processes.”]
Source: https://www.csoonline.com/article/2136358/risk-governance-model.html