The Enterprise Risk Manager plays a critical role in identifying, assessing, and mitigating risks across the institution.
This position is responsible for developing and implementing a comprehensive enterprise risk management framework that enables proactive risk identification and strategic decision-making.
The Enterprise Risk Manager will collaborate with various departments to ensure a holistic approach to risk management that supports the college's mission, goals, and compliance requirements.
The work schedule for this position is flexible and may include working evenings.
Duties and Responsibilities:
Designs and maintains a robust enterprise risk management framework that integrates risk management into all aspects of the college's activities and decision-making processes
Promotes a risk-aware culture across the college, fostering an environment where risk identification and reporting are encouraged and valued by all members of the community
Leads the identification and assessment of risks across the college, considering a wide range of areas including operations, finance, technology, compliance, reputation, and more
Develops and implement strategies to mitigate identified risks, working closely with relevant stakeholders to establish effective controls and action plans
Coordinates renewal and maintenance of individual or group self-insurance and commercial insurance as appropriate to effectively protect the College from insurable risk.
Oversees claims administration by insurers or third-party administrators as assigned
Creates and distributes regular risk assessment reports to senior leadership, providing insights into emerging risks, risk trends, and the effectiveness of risk mitigation strategies
Collaborates with department heads and operational leaders to identify and address specific risks within their areas.
Provides guidance and support in developing risk mitigation plans
Participates in professional development to stay informed about industry trends, regulatory changes, and emerging risks that could impact the college
Proactively recommends adjustments to the risk management strategy as needed
Collaborates with the Compliance Manager and other relevant stakeholders to ensure alignment between risk management and compliance efforts
Performs all other duties and responsibilities as assigned or directed by the supervisor
Job Requirements:
Bachelor’s degree or in as Law, Business, Higher Education Administration, or a related discipline and
Three to five years of related experience in compliance, audit, or enterprise risk management
or
An equivalent combination of certification, education and experience sufficient to successfully perform the essential duties of the job such as those listed above
Preferred:
Master’s degree or in Law, Business, Higher Education Administration, or a related discipline
Five to eight years of related experience in compliance, audit, or enterprise risk management
MBA, MPA, JD, or certification in Compliance
The ideal candidate will have the following knowledge, skills and abilities:
Knowledge of regulatory compliance principles and practices
Knowledge of business management and fiscal practices
Knowledge and application of organizational and time management principles
Skill in analyzing data and drawing conclusions
Skill in budget/resource management
Skill in coordinating and monitoring the work of others
Skill in effective communication (both written and oral)
Skill in independent decision making
Skill in people leadership and supervision
Skill in organization, coordination, and management
Skill in problem solving
Skill in team building
Ability to apply analytical and critical thinking skills as well as draw conclusions and prepare accurate reports of results
Ability to develop and maintain effective and positive working relationships
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