The governance operating model aids in managing risk exposures by providing clarity, visibility, coordination, and effectiveness. It defines roles, responsibilities, accountabilities, information flows, and guidelines needed to implement governance. This model ensures that governance responsibilities are fulfilled by providing a clear understanding of management's decision-making and risk-management processes. It also helps in coordinating actions by balancing considerations regarding centralization vs decentralization and considering local business, customer, compliance, legal, and other needs.
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