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Enhancing Risk and Control Self-Assessments to Unlock Actionable Insights
Explore how to enhance Risk and Control Self-Assessments with a dynamic approach that ensures relevance, ownership, and actionable insight. Learn why testing controls by performance matters and how executive buy-in and prioritization help embed effective risk management in organizations.
Jun 03, 2025
Armel Massimina
Armel Massimina, Operational Risk Lead, National Bank of Kuwait (International)
Tags: Resilience
Enhancing Risk and Control Self-Assessments to Unlock Actionable Insights
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
The episode of Risk Leaders Connect opens with a compelling analogy of a carbon monoxide detector mishap to illustrate the pitfalls in risk management—how a control that looks perfect on paper can fail in practice if not properly tested or positioned. This personal story by Armel Massimina sets the stage for a deeper discussion on the common challenges organizations face with RCSAs, including ownership confusion, complex methodologies, lack of resourcing, and manual systems that hamper timely insight. Massimina emphasizes that RCSAs must be dynamic and frequent enough to reflect the actual control environment
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