Director, Enterprise Risk Management

2 days ago

Somerset, United States Terumo Medical Corporation Full time

Job Summary:


Director, Enterprise Risk Management will play a critical role in driving a proactive and coordinated approach to risk management, helping the organization’s long-term growth by assessing and prioritizing risks and aligning policies and programs to mitigate risks that may impact the enterprises’ ability to achieve strategic objectives. The incumbent will develop and implement risk management and business continuity strategies and programs, policies, and processes to ensure the safety of associates and assets. Will be responsible for the leadership, innovation, governance, and management necessary to help identify, evaluate, mitigate, and manage Terumo Americas’ operational and strategic risks. This will include accountability for Terumo Cardiovascular, Terumo Medical Corporation, Terumo Americas Holding, Terumo Latin America and global responsibility for Terumo Aortic, Terumo Blood and Cell Technologies and Terumo Neuro. This role influences and aligns stakeholders in identifying and mitigating risks throughout the organization to ensure processes and practices related to the enterprise risk management framework are consistent and scalable across the business, which, in partnership with internal audit, share be measured and assessed for effectiveness at least annually.


Job Details:


  • Responsibilities include the following and other duties may be assigned:
  • Facilitate means to identify and manage risks to the organization, its associates, stakeholders, assets, and operations and develop enterprise risk management strategies, objectives and policies that will establish the framework, tools and procedures to achieve successful risk identification and management within best practice standards.
  • Responsible for implementation and oversight of ERM System for risk assessments and risk identification for internal audit purposes.
  • Strengthen and promote risk management culture and act as a change agent encouraging an environment that employs accountability, collaboration and trust while fostering teamwork and execution.
  • Establish, communicate and execute risk management and business continuity methodology, processes, risk appetite and risk culture. Engage and develop effective working relationships to support cooperative responses to risk management matters and issues.
  • Provide guidance and training to promote risk control and business continuity awareness, ownership, and accountability.
  • Develop solutions to drive risk management programs and oversee and monitor the operational risk management activities of the organization.
  • Continually monitor, assess, and communicate emerging risks throughout the organization to evaluate the impact of potential new risks.
  • Manage regional risk management policies and program implementation, facilitating collaboration across other regions.
  • Assist in development and execution of business continuity drills and annual risk mitigation plans.
  • In collaboration with internal audit function, develop audit plans and methodologies to track and measure effectiveness of enterprise risk management processes and annual mitigation plans.
  • Perform other job-related duties as assigned.


Position Requirements:


Knowledge, Skills and Abilities (KSAs):

  • Proven leadership and teamwork skills with demonstrated abilities both to work collaboratively and to influence at all levels of the organization.
  • Highly effective written and verbal communications skills, able to present complex issues simply and to reach audiences with different perspectives.
  • Excellent problem-solving techniques and quantitative, analytical skills.
  • Confidence navigating a complex and highly matrixed team environment.
  • Ability to adapt to changing priorities and effectively plan and execute multiple projects at once, meeting established deadlines, within budget and achieving project objective.
  • Collaborative, innovative, resourceful, results oriented, with appropriate judgment.
  • Critical thinker with strong project management skills.


Background Experiences:

  • Bachelor's Degree and a minimum of 10+ years of Enterprise Risk Management or related experience required, preferably in medical device; or equivalent combination of education, training and experience.
  • At least 3 years in a leadership role with people management responsibilities required.
  • Experience implementing Enterprise Risk Management or systemic programs in a large, complex organization required.
  • Must have knowledge of Enterprise Risk Management theory, frameworks and their application.
  • Experience in supervising and conducting internal audits preferred.

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