[Verse 1]
Every year we gather round the table, minds prepared
Looking at our world with careful eyes that never spare
Identify the dangers lurking in our business space
Assess them with our methodology, give each risk a place
[Chorus]
Risk management, it's our shield and sword
Assess, treat, monitor - remember every word
Accept, mitigate, transfer, or avoid
Four treatment paths to keep our future unalloyed
Register maintained, appetite defined
Key indicators help us stay aligned
[Verse 2]
In our register we document each threat we've come to know
Rate the impact and the likelihood of every blow
Set our appetite for danger, tolerance we'll face
Draw the line where comfort ends and caution takes its place
[Chorus]
Risk management, it's our shield and sword
Assess, treat, monitor - remember every word
Accept, mitigate, transfer, or avoid
Four treatment paths to keep our future unalloyed
Register maintained, appetite defined
Key indicators help us stay aligned
[Bridge]
Third-party suppliers in our chain
Need assessment too, or we'll feel pain
KRIs are flashing warning signs
When danger crosses over lines
Report to governance above
Risk management is what we love
[Verse 3]
When our risk exceeds the appetite we've set in stone
Treatment plans require approval, we don't work alone
Risk Committee gets the final say on major calls
Documented plans will catch us if the business falls
[Chorus]
Risk management, it's our shield and sword
Assess, treat, monitor - remember every word
Accept, mitigate, transfer, or avoid
Four treatment paths to keep our future unalloyed
Register maintained, appetite defined
Key indicators help us stay aligned
[Outro]
Annual reviews and changes too
Keep our risk assessment true
From identification to the end
Risk management will always defend