Director - Enterprise Risk Management

About the role

The Director of Enterprise Risk Management is responsible for directing the VCU Health System Enterprise Risk Management (ERM) Program, including the design, implementation and oversight of the organization's enterprise risk management framework.

Responsibilities

• Leads the development and documentation of the ERM Program, including enterprise risk framework and enterprise risk appetite/framework/tolerance in collaboration with Senior Leadership.
• Fosters and builds a risk-intelligent culture.
• Manages the enterprise-wide risk assessment process, including maintaining the organization's risk inventory through collaboration with leaders of each domain to develop risk mitigation strategies.
• Promotes effective and ongoing communication and sharing of information to escalate risk concerns.
• Develops and evaluates the Health System’s approach to risk identification, management, monitoring, and communication.
• Engage leaders and colleagues in the practice of identifying, managing, monitoring and communicating risk across various departments and functions within the Health System, including clinical, financial, operational and strategic risk.
• Maintains awareness of current developments that could impact the organization's profile and maintains communication with Senior Leadership to ensure appropriate mitigation plans are implemented.
• Develops and implements enterprise risk management practices, including policy development, methodology for measuring model risk and criticality, process improvement, data standards, and documentation requirements.
• Performs other duties as assigned and/or participates in special projects to support the mission of VCUHS.

Requirements

Remains aware of current developments that could impact the organization's profile and maintains communication with Senior Leadership to ensure appropriate mitigation plans are implemented.

Qualifications

• Required: 7 years of Enterprise Risk Management, Legal or Health Care Administration, including 3 years of Management experience. Previous work experience in a complex healthcare environment and organizational operations. Experience in Corporate/Risk Governance, Risk Management, Regulatory Management, Legal, or related areas. Experience with ERM principles and methodologies. Previous work experience in developing and implementing enterprise risk management framework and strategies. Previous work experience with statistics, data collection, analysis, and data presentation.
• Preferred: Experience in transformation and change leadership. Previous experience in an academic medical center environment. Experience in leading process improvement initiatives as well as teaching and coaching new leaders.

Skills

• Excellent Analytical skills with the ability to interpret complex data and trends and present findings to executive team.
• Proficient in risk management tools and software.
• Strong communication skills to effectively present risk information to executive leadership and board members.
• Ability to work cross-functionally with various departments.
• Leadership and Development.
• Strong critical thinking skills, including strategic thinking, effective analysis of data, and the ability to aggregate risk across the health system into enterprise risk.
• Decision-Making.
• Adaptability and Resilience.
• Strong project management skills and ability to establish project goals, schedules, and deliverables and to manage numerous complex projects.

Benefits

N/A

Pay

N/A

Schedule

N/A