The risk owner should be someone who has the authority, responsibility, and knowledge to manage the risk effectively and align it with the organizational strategy and objectives. The risk owner should also be able to communicate the impact of the risk on the business operations and the value proposition of the risk response. Understanding the effect of loss events on business operations is a key criterion for assigning risk owners, as it helps to prioritize and mitigate the risks that matter most to the organization.
References
•Why Assigning a Risk Owner is Important and How to Do It Right
•How to Write Strong Risk Scenarios and Statements - ISACA
•What Everybody Ought To Know About Project Risk Owners
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