RIMS Leadership Candidate Profile
The Board of Directors engages in strategic thinking and planning to set the organization's direction, mobilize resources, and provide oversight to ensure RIMS achieves its mission.
The Board is responsible for cultivating a professional community committed to connecting risk managers around the world who are committed to promoting and advancing the risk management discipline.
Board Roles and Responsibilities
RIMS Board members have fiduciary responsibilities to the organization as required by law. These responsibilities are:
Duty of Loyalty
Board members must put the interests of RIMS above personal or financial interests.
Duty of Care
Board members must act prudently and diligently to protect and enhance the assets of RIMS and further its mission.
Duty of Obedience
Board members must obey the law and act in accordance with RIMS bylaws and policies, as legally enforceable documents.
Terms
- Directors serve staggered three-year terms aligned with RIMS' fiscal year, January 1–December 31
- The Secretary and Treasurer serve one-year terms
- Those elected to the Office of the President have a three-year commitment:
- Year one as President Elect
- Year two as President
- Year three as Immediate Former President
Expectations
RIMS Board members are expected to work collaboratively with staff to:
- Increase member value
- Create a diverse, inclusive, and welcoming culture
- Come prepared for all meetings and discussions
- Apply leading-edge approaches to strategic thinking and planning
- Foster leadership development in self and others
- Serve as a communication champion for the organization
- Actively participate as a Board liaison to committees, councils, or task forces
"My service on the RIMS Board of Directors changed the trajectory of my career. It presented countless opportunities for me to sharpen my leadership skills and build my network, while also allowing me to work with a dedicated group of RIMS volunteers to help shape the future of the Society."
—Kristen Peed, 2025 RIMS President
Time Commitment
Being a member of the RIMS Board of Directors requires a commitment of time, talent, and expertise. It is critical that those seeking a nomination for the Board have support from their employer and colleagues regarding the time required.
By becoming a member of the RIMS Board of Directors, you commit to the following:
- Prepare for, attend, and actively participate in four Board meetings each year
- Attend additional Board meetings/calls as needed
- Attend additionally selected educational programs and/or RIMS activities
- Support initiatives or campaigns of the Foundation for Risk Management
- Support RIMS public policy program
Competencies, Experience, and Expertise
Served on Chapter Board of Directors
The RIMS Board has significant governance responsibilities. Having incoming Board members with governance experience within the organization is extremely beneficial.
Regularly Attends RIMS Global Events (e.g., RISKWORLD, RIMS Canada Conference, ERM Conference)
Major conferences are revenue cornerstones for RIMS. It is important for incoming Board members to have experienced these events and to understand the pivotal role they play withing the RIMS community.
Served on RIMS Global Committee/Council
Much of RIMS global work is done through committees, councils, and task forces. It is beneficial for RIMS board members to have first-hand knowledge of these volunteer working groups.
Supports RIMS Public Policy Efforts (e.g., Legislative Summit, RISK PAC)
RIMS advances the interests of its members through its public policy program. It's important that Board members understand, and support, the Society's legislative efforts.
Talent and Executive Search Experience
RIMS Board has been called on in the past to assist the organization in its pursuit of talent to fill key leadership positions. It is beneficial to have Board Directors who have experience managing or participating in this process.
Mark Prysock, General Counsel
(212) 655-6592 | mprysock@rims.org