Enterprise Risk Manager

7 days ago

Albany, New York, United States InsideHigherEd Full time
Job Summary

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.

Key Responsibilities
  • Design and Maintain Risk Management Framework: Develop and maintain a robust Enterprise Risk Management framework that integrates risk management into all aspects of the institution's activities and decision-making processes in alignment with the University's strategic vision, goals, and objectives.
  • Promote a Risk-Aware Culture: Promote a risk-aware culture across the institution, fostering an environment where risk identification and reporting are encouraged and valued by all members of the university.
  • Lead Enterprise-Wide Risk Assessment: Lead the annual enterprise-wide risk assessment by the identification and assessment of risks across the institution, considering a wide range of areas including operations, finance, technology, compliance, reputation, and more.
  • Mitigate Identified Risks: Develop and implement strategies to mitigate identified risks, working closely with relevant stakeholders to establish effective controls and action plans.
  • Collaborate with Operational Leaders: Collaborate with divisional/departmental operational leaders to identify and address specific risks within their respective areas. Provide guidance and support in developing risk mitigation plans.
  • Monitor and Report Risk-Related Data: Gather, and monitor risk-related data from internal stakeholders, and conduct analyses to identify, validate, and report emerging risks for consideration to senior management, the ERM Committee, and the System Office.
  • Develop Risk Assessment Reports: Create risk assessment reports for senior leadership, providing insights into emerging risks, risk trends, and the effectiveness of risk mitigation strategies.
  • Develop Risk Management Tools and Policies: Develop Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework.
  • Ensure Compliance with Regulations: Ensure the institution's risk management policies and strategies are in compliance with applicable regulations and strategic imperatives of the institution.
  • Collaborate with Internal Audit: Collaborate with the Executive Director of Internal Audit and other relevant stakeholders to ensure alignment between risk management and compliance efforts to drive risk-based decisions and actions across the University.
  • Identify and Address Risk Changes: Collaborate with the Office of Internal Audits to identify the University's risk and any changes in the University's risk profile to enable risk-based audit planning activity.
  • Perform Other Duties: Perform all other duties and responsibilities as assigned or directed by the supervisor.
Requirements
  • Bachelor's Degree: Bachelor's degree in Business or Scientific discipline.
  • Experience: 3+ years in Enterprise Risk Management, Compliance, or related field (years of experience in a middle or senior-level position will be considered).
  • Preferred Qualifications: Master's Degree.

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