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The focus of the department is

Risk Management

• Advise division and department heads on matters of Enterprise Risk identification, assessment, and mitigation.
• Identify and assess risks inherent in the UniversityÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™s current and contemplated operations and activities, and help develop operating procedures that will minimize the UniversityÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™s vulnerability to obstacles to achieving University, School and Department goals.
• Develop and maintain a comprehensive program of property and casualty insurance that adequately protects the University from the financial consequences of loss and that also facilitates and enhances the UniversityÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™s ability to engage in activities consistent with its Mission and Goals.
• Help ensure that the University is prepared to respond quickly and appropriately to any major emergency and continue its mission critical operations.
• Help develop contract policies and procedures consistent with good business practice that at the same time facilitate operating departmentsÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™ ability to conduct business efficiently.

Compliance

• Development and implementation of consistent and effective compliance practices across all University divisions
• Serve as the primary advisor to division and department heads on all compliance matters
• Manage ongoing communication, coordination and evaluation of compliance activities

Services

• Act as a resource and advisor to all division and department heads on matters regarding risk or compliance
• Review of indemnification and insurance provisions of contracts.
• Provision of certificates of insurance required from the University.
• Risk assessment of divisionsÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™ and departmentsÄÐÅ®²Ù±ÆÊÓƵÈí¼þ™ new or changing activities.

Review our Risk Policies for additional information.

Contact Risk Management

Richard L. Myers, ARM
Executive Director, Risk and Compliance
Ext: 22627
Email: rmyers@pace.edu
Address: 100 Summit Lake Drive, 3rd Floor, Valhalla, NY 10595