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VP Enterprise Risk Management

  • Location:

    Chicago

  • Sector:

    Risk & Compliance

  • Job type:

    Permanent

  • Salary:

    US$200000 - US$215000 per annum

  • Contact:

    Isabella Kopilak

  • Contact email:

    Isabella.Kopilak@oliverjames.com

  • Job ref:

    JOB-032025-274196_1742855325

  • Published:

    3 days ago

  • Expiry date:

    2025-04-23

  • Startdate:

    ASAP

Our client, a well-established leader in the insurance industry, is seeking a Head of Enterprise Risk Management at the Vice President level who will lead the Risk department and reinforce risk management frameworks throughout the organization. T

his is a full-time, permanent position based in Illinois, ideal for a professional looking to significantly contribute to enterprise-wide risk strategies and enhance business resilience.

Role & Responsibilities:

  • Develop and implement comprehensive risk policies and procedures across both first-line and second-line risk functions.
  • Oversee the integration of operational risk management practices into business processes to enhance reliability and safety operations.
  • Lead scenario analysis and risk assessment processes to predict potential challenges and proactively implement strategic mitigations.
  • Engage with senior management and key stakeholders to report on risk exposure, mitigation strategies, and ongoing risk evaluations.
  • Drive the adoption of an enterprise-wide risk management framework within the organization, ensuring alignment with regulatory requirements and industry standards.

Key Skills:

  • Strong experience in Enterprise Risk Management frameworks, preferably within the insurance industry.
  • Advanced knowledge of both first-line and second-line risk operations and their integration into business practices.
  • Proven ability in operational risk and implementing scenario-based risk assessments.
  • Excellent leadership, communication, and interpersonal skills to engage with all levels of staff and management.
  • Highly analytical mindset with a keen ability to oversee detailed risk assessments and derive strategic insights.




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