Enterprise Risk Management (ERM) provides a structured approach for identifying, assessing, and managing risks that could affect the university's ability to achieve its mission and strategic priorities or disrupt its operations. Through ERM, the university monitors its risk environment to surface new risks and other issues that could affect the institution, supporting informed decision-making, risk oversight, and ongoing risk management.
University System of Maryland policy requires each institution to implement and maintain an ERM program and annually report its institutional top risks to the System office. The university's ERM process includes periodic institution-wide risk assessments, ongoing review of institutional risks, and monitoring of risk performance and mitigation activities. UMD leaders and other individuals across the institution contribute their knowledge and perspective to help identify and assess risks and strengthen the university's understanding and management of risks. Additionally, the university's Risk Advisory Council meets throughout the year to review risks.
Risk Advisory Council members include:
Dannielle Glaros - Division of Administration (Chair)
Susanne Anacker - Office of the Vice President for Finance
Michelle Seibert Appel - Office of the Provost
Bradley Steven Bower - Office of the Provost
Denise Clark - Division of Research
Tom Flynn - Student Affairs
Shawn Michael Flynn - Athletics
Janet Benson Forville - Office of General Counsel
Megan McCarthy Gerbregziabher - Office of the Provost
Joe Gridley - Division of Information Technology
Pamela Lanford - Division of Research
Katie Lawson - Office of Marketing and Communication
b.a. Medina - Belonging & Community
Molly McKee-Seabrook - Office of Government Relations
The university's Director of Enterprise Risk Management is LaVern Miles.
Questions? Contact us at erm@umd.edu or contact LaVern directly at lmiles24@umd.edu.