Vice President and Chief Risk Officer
5 days ago
DescriptionJob Summary:Reporting to the EVP, Enterprise Strategy and Business Development, the Vice President and Chief Risk Officer is responsible for driving integration of enterprise risk management (ERM) into strategic, financial, and operational processes. This role serve as a key leader in aligning risk management with KP’s enterprise strategic and business objectives and promoting risk awareness across all functions. The position involves close coordination and collaboration with national, market and functional leaders that engage in risk management, enterprise planning, internal control, and assurance activities.Essential Responsibilities:Lead the development and implementation of an enterprise risk management vision that delivers strategic thought and partnership across the enterprise.Drive a multi-year enterprise risk management planning process that incorporates risk considerations into core business decisions, aligned with KP’s strategic and business objectives.Foster a risk culture, promoting risk intelligence and risk awareness.Serve as a primary risk advisor to the leadership, providing guidance on risk-related decisions and strategies.Develop and implement quantitative methods for risk assessment, leveraging data analytics to provide strategic insights and actionable intelligence.Develop and communicate a comprehensive enterprise risk profile, distilling complex risk information, to enhance executives’ risk knowledge.Design and implement executive dashboards that provide visibility into enterprise risk status and progress on risk mitigation efforts, enabling informed risk management decisions at the highest level.Cultivate and maintain trusted relationships with key stakeholders across the organization to foster a collaborative approach to risk management and promote an optimal level of engagement in ERM activities.Pro-actively engage and partner with stakeholders throughout the organization and foster risk awareness and facilitate alignment on risk priorities and mitigation plans .Work closely with business unit management to ensure business line ownership and accountability for risks within their respective areas of responsibility.Proactively analyze business drivers, regulatory shifts, and industry trends to identify emerging risks and opportunities. Continuously assess the evolving risk landscape.Oversee the development and maintenance of enterprise risk governance principles, policies, and procedures aligned with the KP’s Code of Conduct, industry standards and best practices.Define and develop standards, processes and policy for the evaluation of riskManage and organize the enterprise risk infrastructure, including risk framework, common taxonomies, rating scales, and enabling capabilities.This role requires proficiency in translating complex ERM concepts into actionable strategies, leveraging and enhancing existing organizational structures and capabilities.This position has a target base salary of $297,000 to $371,250 and is eligible for incentive compensation, an executive allowance, comprehensive health, wellness, time off, savings, and retirement benefits, as well as relocation support, as applicable.QualificationsBasic Qualifications:ExperienceMinimum fifteen (15) years of work experience with progressive responsibility and demonstrated performance.EducationBachelors degree requiredLicense, Certification, RegistrationN/AAdditional Requirements:Experience in Corporate/Risk Governance, Risk Management, Regulatory Management, Legal, or related areas. Experience effectively leading risk management or related functions with broad organizational impact within a complex organization. Strong leadership skills with the ability to manage large teams and coordinate multi-functional effort.Demonstrated ability to work collaboratively with senior leadership.Ability to influence leadership through clear presentation and communication of complex information.Proficient knowledge of ERM principles and methodologies.Strong financial acumen and critical thinking. Knowledge of healthcare industry dynamics and risks.Preferred Qualifications:Experience in healthcare with a focus on risk managementJob Field: Strategic Planning & Business DevelopmentJob Type: StandardSchedule: Full-timeJob Level: Executive/VPTravel: Yes, 10 % of the TimeEmployee Status: Regular
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