Financial Risk Assessment Rubric
This Financial Risk Assessment Rubric is designed for [Your Company Name] to evaluate and manage potential financial risks that can impact the business. It serves as a guide to identify, assess, and prioritize financial risks, ensuring informed decision-making and effective risk management strategies.
Evaluation Criteria | High Achievement | Moderate Achievement | Low Achievement |
|---|
Risk Identification | Identifies and explains all relevant financial risks efficiently | Identifies and explains most relevant financial risks | Identifies and explains few relevant financial risks |
Risk Assessment | Effectively assesses potential impact and probability of identified risks | Assesses potential impact and probability of most identified risks | Assesses potential impact and probability of few identified risks |
Risk Mitigation Strategy | Formulates effective strategies for potential financial risks | Formulates fairly effective strategies for most financial risks | Formulates limited or ineffective strategies for identified risks |
Financial Planning and Analysis | Demonstrates high proficiency in financial planning and analysis with regards to risk | Demonstrates moderate proficiency in financial planning and analysis with regards to risk | Demonstrates limited proficiency in financial planning and analysis with regards to risk |
Procedure: Regular monitoring of financial risks through internal audits, financial reports, and market analysis. Annual review of the Risk Assessment Rubric to update strategies and risk priorities.
Contact Information:
Prepared By:
[Your Name]
[Your Personal Email]
[Your User Phone]
Document Date: [Month Day Year]
