Executive Director, Enterprise Risk Management

The Executive Director, ERM, is responsible for the development of the ERM program in collaboration with the Vice President, Internal Audit Services. Primary responsibility is to provide objective assurance and advisory services to ensure appropriate coverage in developing the company risk profile, identification of significant risks, risk tolerance, and risk response strategies/actions. The ED has on-going accountability to execute and continuously improve the ERM program as it evolves. This role will manage a process that includes maintaining a risk inventory and supporting the organization in developing risk approaches, strategies to address those risks and ensure appropriate levels of response, reporting on those strategies and risks should they occur and then reassessing those risks as the organization progresses. The position does not have line responsibility for managing or mitigating the actual risks.

Enterprise Risk Management Program Development Create and manage a multi-year comprehensive and integrated risk management planning process, in partnership with various functional and regional risk sponsors, in collaboration with the VP - Internal Audit Services, and under the oversight of the SVP - Financial and Strategic Services. Note: the VP-IAS is currently leading the ERM project work. The ED will be responsible to co-lead the project work and to manage the ongoing ERM program as it moves out of the project mode.

• Pro-actively engage and partner with stakeholders throughout the organization and facilitate broader alignment with regional, national functions and medical group leaders around matters of risk assessment and mitigation
• Align KPs ERM plan with our mission and communicate in a way that maximizes engagement and plan execution.
• Serve as a key process leader in, and coordinate effectively with various planning processes and risk concepts; and pursue continuous process improvement to further enhance the plan and the planning process. Risk Inventory
• Work closely with Strategic Planning to understand, identify and assess various risks arising from healthcare trends
• Incorporate ongoing risk assessments into and maintain robust and relevant risk inventory of potential risk issues affecting the company and facilitate regular, risk discussions with the appropriate leadership groups. Risk Reporting / Monitoring
• Play a leadership role in working closely with other key stakeholders to shape and guide the evolution and development of the organizations risk monitoring and reporting processes
• Facilitate the process to drive alignment and consistency around risk measures and corresponding data elements where necessary
• Leads scheduled enterprise risk reporting requirements. Works with Financial, Legal, Compliance, Information Technology, and Operations teams to ensure complete, high quality reporting for Executive Management and the Audit Committee of the Board of Directors. Risk Initiatives
• Partner with the functional and regional risk sponsors to ensure the development of robust regional and functional risk management plans that align and support the organizations overall strategy.
• Partner with other areas of Finance and other risk-related functions as appropriate. Performance Culture
• Help to foster a performance-based culture and results-oriented environment, along with risk management tools, to develop and maintain high-performing individuals and teams focused on understanding potential risks and meeting organizational and business needs.