Summary
Description
The Opportunity
MACP seeks candidates who share the organization’s values and commitment to join our team as the Director of Enterprise Risk Management (ERM). This role will lead and champion enterprise risk management across the organization. The Director of ERM will manage one Enterprise Risk team member directly and have opportunities to engage with cross-functional teams across the organization.
The work environment is an office setting with a designated office or workstation at the Margaret A. Cargill Philanthropies office in Eden Prairie, Minnesota. We practice a hybrid work schedule with the expectation that employees will work in-office 3 days per week; this includes working in the office Tuesday and Wednesday and either Monday or Thursday; all employees work remotely for a half-day on Friday. We practice shared work hours between 9:00 AM – 3:00 PM Monday-Thursday and 9:00 AM – 12:00 PM Friday.
Job Purpose
The Director of Enterprise Risk Management (ERM) develops, supports, leads, and champions a holistic and integrated enterprise risk management program at the Margaret A. Cargill Philanthropies (MACP). The role advances and supports a culture that enables MACP leaders and teams to make informed, risk-aware decisions that advance our mission. This position reports to the Chief Financial Officer and is part of the Enterprise Risk Management team and the Cross Functional Group leadership team.
Primary Responsibilities
- Design and implement strategic and operational risk management strategies and practices that support MACP in achieving its mission.
- Lead activities to foster a strong risk culture where organization values guide staff in risk aware planning, where roles are clear and understood and where staff at all levels and within all functions and teams are actively engaged in role-based risk management activities.
- Facilitate growing awareness and understanding of risk concepts, roles and responsibilities across the staff team, among function leaders, with senior management and Boards.
- Serve as an internal consultant to function leaders, senior leaders and others across MACP to support timely risk identification and action planning.
- Develop and deliver learning opportunities covering topics such as risk management, exploring opportunity risks, resilience building, business continuity and crisis management.
- Explore, develop and champion the use of practical tools and resources that strengthen risk awareness and action planning while building confidence in practicing concepts.
- Periodically lead an enterprise risk assessment and coordinate the regular reporting of the organization’s risk profile to function leaders, senior management, and Boards. Ensure responsive plans are designed and implemented according to organization priorities.
- Lead management of risk roles assigned to the ERM function including business continuity and resilience planning, travel risk and safety planning, third party risk, business insurance procurement and monitoring (below) and other roles as assigned. Engage other functions to optimize staff participation in risk aware thinking and development of resilient practices within functions.
- Equip leaders with tools and strategies to effectively lead response to incidents managed at function levels and proactively prepare for future ones by using forward thinking and values-based decision-making. Collaborate with function leaders running responses to provide support and other assistance as identified.
- Serve as crisis response leader, employing clear thinking and expert problem-solving skills to lead the incident response for high-stakes and/or complex issues, including designing and overseeing the implementation of crisis management strategies and contingency management plans, ensuring they help the organization return to “business better than usual” and contribute to long-term operational resilience.
- Maintain awareness of emerging risk issues broadly and within the philanthropic sector, seeking opportunities to share knowledge across MACP to inform work and promote risk aware planning.
- Evaluate risk management in relation to industry standards and best practices. Periodically assess effectiveness of risk strategies to support the realization of MACP’s mission and strategic priorities.
- Collaborate with function leaders to ensure the ongoing evolution and strengthening of MACP’s strategies and practices through systematic approaches, including building awareness of issues and opportunities and supporting functions in developing approaches to protect safe and efficient operations.
- In coordination with legal and finance, implement and manage business insurance coverages as part of MACP’s risk financing strategy.
- Perform special projects and other duties as assigned, including serving as subject matter expert in risk assessment and mitigation activities.
Leadership and Supervisory Responsibilities
- Provide supportive leadership to risk management activities across the organization.
- Work in partnership with senior management and others across the organization to influence and align colleagues from different areas and interests toward accomplishment of the shared mission of Margaret A. Cargill Philanthropies.
- Champion MACP’s vision and commitment to diversity, equity, inclusion, and justice (“DEIJ”) by demonstrating awareness of systemic racism and other forms of structural injustice and committing to advance DEIJ efforts by embedding them into team and organization-wide goals and work.
- Lead, coach, and develop staff to fulfill organizational requirements and cultivate a team culture that encourages building trusted relationships with internal and external stakeholders, collaboration, innovation, and objectivity. Encourage delivery of support to others with an empathetic service mindset.
- Provide effective leadership for the Enterprise Risk Management team including recruiting, mentoring, training and developing, assigning and directing work and appraising performance. Work closely with staff and colleagues across the organization, taking every opportunity to support them in their roles as they develop plans and associated deliverables related to their risk management roles.
- Demonstrate commitment to intercultural understanding and sensitivity with the ability to lead teams through the operationalization of diversity, equity, inclusion and justice (DEIJ) into strategy, processes, practices, and relationships.
- There is 1 direct report to the Director of Enterprise Risk Management.
- This role serves the ERM team and is part of the Cross Functional Group leadership team and reports to Naomi Horsager (Chief Financial Officer).
Education, Experience, and Qualification Requirements
Outstanding candidates for the position will offer many of the qualities, skills, and characteristics listed here. We know that no candidate is likely to have every one of these qualities, so we encourage interest and applications from people who have many of these qualities and are eager to grow into all of the responsibilities listed.
- Bachelor’s degree required; advanced degree preferred.
- 10+ years’ experience in enterprise risk management, risk management, risk consulting or combination of those fields.
- Experience in a full-time staff role in a nonprofit organization preferred, with a strong preference for some prior experience in a grantmaking nonprofit.
- A thorough understanding of risk management strategies and practices and experience applying them in a leadership role.
- Strategic thinker with the ability to anticipate potential outcomes, broad knowledge and perspective, and willing to collaborate with others in seeking to understand issues and develop solutions.
- Strong influencing, negotiating and leadership skills combined with strategic communication strength, both written and verbal.
- Proven experience building strong and sustainable relationships across an organization, to collaborate with and achieve actionable results through others, and to maintain the highest level of confidentiality in both internal and external relationships. Able to interact effectively and diplomatically with various functional areas, thoughtfully considering and incorporating stakeholder feedback, as appropriate.
- Experience leading and supervising a team, with demonstrated ability to develop strengths of individual team members and to build effective, values-based teams.
- Ability to maintain composure under pressure; experience with incident management and leading crisis responses strongly preferred. Includes effective project management, communications, stakeholder engagement, and problem solving.
- Strong written and oral communication skills with experience interacting with senior management and Boards.
- Strong analytical ability; sound judgment and skill in prioritization and strong orientation to deadlines and detail
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Travel
Ability to travel up to 10% of the time.
