U.S. Postal Service’s Implementation of Enterprise Risk Management

The primary mission of the U.S. Postal Service’s enterprise risk management (ERM) program is to provide reasonable assurance that significant risks to and opportunity losses for the organization are systematically and effectively identified, evaluated, and mitigated where appropriate. The organization’s ERM Operating Charter (Charter) establishes the Executive Leadership Team in general and the Chief Financial Officer (CFO) in particular as having the responsibility for aligning the organization’s goals, defining roles, and driving progress with oversight by the Board of Governors’ Audit and Finance Committee. The ERM program is led by Finance, as directed by the CFO and the Vice President, Controller.