Managing Risk, Ensuring Compliance

Policy, Risk Management, and Compliance

The Policy, Risk Management, and Compliance (PRMC) unit administers a comprehensive risk management framework to evaluate, manage, measure, and assess HR risks, taking action as needed and providing appropriate education.

Our Priorities

  • Monitoring and management of HR compliance and regulatory reporting
  • Promoting sound governance through clear, consistent and up-to-date policies and communications
  • Providing education and understanding about risk and risk tolerance
  • Review and monitoring of State of Virginia legislative changes
  • HR Audit, Subpoena, and FOIA Compliance
  • Partnering with other compliance professionals at the University to advance a consistent, practical HR governance structure

The Outcomes for Our Customers

  • A consistent approach to risk in decision making, investments and taking action
  • Informed governance tools such as policies and communications
  • Easier achievement and management of compliance
  • Clear, up-to-date, and easy-to-understand HR policies
  • Reduced liability, risks, and costs
  • Increased awareness of risks and better understanding of risk tolerance