Corporate Director, Enterprise Risk Management

Company: Brigham and Women's Hospital
Location: Somerville
Posted on: May 17, 2023

Job Description:

The Corporate Director of Enterprise Risk Management (ERM) is r esponsible for the leadership, innovation, governance, and management vital to identify, evaluate, mitigate, and supervise the System's enterprise risks. The Director shall establish tools, practices, and policies necessary to effectively identify, analyze and report enterprise risks, and solicits input from management regarding potential likelihood and impact of risks that advises decision-making regarding risk mitigation activities. Principal Duties and Responsibilities:

• Work with business leaders, legal and compliance as well as auditors to develop and refine controls as well as written policies and procedures that strengthen the control environment while maintaining business efficiency.
• Coordinate Mass General Brigham's Enterprise Risk Assessment Committee (ERAC), including assisting business owners and subject matter authorities in preparing written materials in a manner that assists senior leadership in effectively and efficiently making risk-based decisions.
• Coordinate a periodic risk identification and assessment process through inquiry and discussion with management. Compile information into an enterprise risk framework for review and discussion by Senior Management and the Audit and Compliance Committee.
• Perform detailed reviews of certain areas of identified enterprise risk as advised by Senior Management and the Audit & Compliance Committee. Formal assessments of risks including findings and recommendations shall be summarized in a format appropriate for Senior Management and Audit and Compliance Committee review.
• Direct the work of the Virtual Care Compliance Manager and Third Party Risk Management Program Manager, including establishment of annual goals and work plans that focus on appropriate risks in the context of the current regulatory environment. - Qualifications: -
  • 7-10 total years experience and at least 5 years experience in a management capacity within a healthcare provider organization that includes a background in risk management, internal audit, and/or regulatory compliance.
  • Bachelor's degree in Finance, Accounting, or Economics or similar field is required; MBA is a plus
  • Proficiency in Microsoft Office suite of products, especially Excel and PowerPoint plus
  • -Strong background in risk management and internal control, including:
    • Detailed knowledge of organizational risk assessment, risk management and mitigation strategies, risk management systems, tools and technology, and standard processes, particularly in healthcare organizations with strong analytical, technical and problem-solving skills Skills/Abilities/Competencies: -
      • Outstanding project management and communication skills with the ability to effectively lead customer expectations and convey control and risk matters to business leaders
      • Strategic and tactical problem solver who is proactive and works with a sense of urgency; detail oriented while being able to see the big picture, self-starter who can make decisions and set priorities
      • Evaluate processes and related controls and consider appropriateness and alternatives while balancing the needs and functions of the business with regulatory and fiduciary considerations
      • Ability to work collaboratively with other departments
      • Exceptional verbal and written communication, collaboration, and time management skills
      • -Ability to work under pressure, multitask, prioritize and be flexible Ability to demonstrate Mass General Brigham's Leadership Competencies for both Performance Focused Leadership and People-Focused Leadership
        • • Performance-Focused:
            • Customer/Patient Focus: Building strong customer/patient relationships and delivering customer/patient-centric solutions
            • Manage Complexity: Make sense of complex, high-quality, and sometimes contradictory information to solve problems effectively
            • Cultivate Innovation: Create new and better ways for the organization to be successful
            • Ensure Accountability: Holding self and others accountable to meet commitments
            • Learning Agility: Actively learning through experimentation when tackling new problems, using both successes and failures as a learning folder
            • People Focused:
              • Drive Equity and Inclusion: Recognizes the value that different perspectives and cultures bring to an organization
              • Build Effective Teams: Build cohesive teams that apply their diverse skills and perspective to achieve common goals
              • Collaborate: Build partnerships and work collaboratively with others to meet shared objectives
              • Communicate Effectively: Develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences including senior system and hospital administrators, physician leadership, technician staff, and other personnel across different institutions
              • Instill Trust: Gain the confidence and trust of others through honesty, integrity, and authenticity Mass General Brigham is an Equal Opportunity Employer & by embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. Primary Location MA-Somerville-MGB Assembly Row Work Locations MGB Assembly Row Job Professional/Managerial Organization Mass General Brigham Schedule Full-time Standard Hours 40 Shift Day Job Employee Status Regular Recruiting Department MGB Internal Auditing

Keywords: Brigham and Women's Hospital, Somerville , Corporate Director, Enterprise Risk Management, Accounting, Auditing , Somerville, Massachusetts