Chief Compliance and Risk Officer

UMBCMira Gut, NS
$190,000 - $214,000Hybrid

About The Position

The Chief Compliance and Risk Officer (CCRO) is responsible for leading and maturing the organization’s risk and compliance functions, ensuring a unified, lifecycle-driven approach across enterprise risk management and compliance functions. The CCRO reports to the University’s Vice President and General Counsel and works closely with senior stakeholders, risk owners, and compliance partners to identify, assess, prioritize, and manage risks and compliance functions across the enterprise while fostering strong communication, collaboration, and accountability.

Requirements

  • Master's degree from an accredited college or university.
  • Ten (10) years of successful experience leading or helping to lead the risk and/or compliance function(s) within a large organization, including:
  • Experience in successfully developing and implementing institution-wide policies and procedures related to enterprise risk and compliance;
  • Experience in supervision and project management, including within and across complex organizations;
  • Experience in establishing credibility with broad and diverse constituencies within a complex organization based upon critical thinking, outstanding operational performance, and excellent interpersonal skills;
  • Demonstrated leadership and project management skills;
  • Demonstrated ability to interpret and synthesize complex information and the ability to lead strategically with vision in a setting of ambiguity; and
  • Proven success with gaining trusted advisor status with executives and peers and developing effective communication processes through relationship building at all levels of an organization.

Nice To Haves

  • Doctorate from an accredited college or university.
  • Associate of Risk Management (ARM) certification or similar.
  • Experience in higher education, institutional, or healthcare environment.

Responsibilities

  • Design and oversee an enterprise risk management framework, including risk identification, assessment, triage, mitigation, and tracking throughout the risk lifecycle; partner with campus stakeholders to identify emerging risks and ensure appropriate risk treatment plans are defined and executed; and maintain a centralized risk register and provide clear reporting and insights to leadership.
  • Design and oversee an enterprise compliance management framework to ensure adherence to applicable regulations, standards, and internal policies; serve as a trusted resource for compliance-related information, guidance, and support; advise and educate compliance partners throughout the University to drive continuous improvement of compliance processes and controls; oversee the compliance risk assessment process and ensure appropriate risk mitigation strategies are in place.
  • In collaboration with the Senior Special Counsel for Compliance and campus stakeholders, establish and maintain a robust framework for policy, standards, and procedures development and governance; ensure policies and standards are aligned with regulatory requirements, industry best practices, and organizational risk appetite; promote policy adoption and awareness across the organization; develop recommendations and partner with University management/leadership to timely address required changes to University policies and training and education programs.
  • In collaboration with campus stakeholders, design compliance monitoring and testing programs; perform and oversee the performance of compliance-related monitoring activities to determine if University-wide compliance efforts are in alignment with applicable policies, procedures, laws/regulations; provide constructive feedback on, and recommendations and guidance for improving compliance efforts; monitor and interpret regulatory developments and assess their impact on university operations; ensure all distributed campus risk and compliance functions are integrated into ERM and compliance program frameworks and operate within a consistent lifecycle model.
  • Develop and deliver meaningful metrics, dashboards, and reports on risk posture, compliance status, and ERM and compliance program effectiveness; provide regular updates to executive leadership, enabling informed decision-making; provide strategic advice to the President’s Cabinet and senior university leaders regarding risk and compliance posture; lead and/or participate in various University committees and ad-hoc working groups related to risk and compliance matters.
  • Foster a culture of ethics and transparency by developing and conducting employee training on compliance standards; review and audit training effectiveness through employee feedback and incident analysis to improve future training modules; use information from risk assessments to identify vulnerabilities (e.g., policy violations, data breaches, safety risks, etc.) and map these to specific training requirements; partner with HR, IT, and business units to ensure onboarding and ongoing compliance training requirements are met.

Benefits

  • 22 Days of Annual Leave
  • 15 Days of Sick Leave
  • 15 Holidays
  • 3 Personal Days
  • 8 credit hours per semester Tuition remission
  • Tuition remission at UMBC for eligible dependents after two years of FT employment
  • Life and disability insurance
  • Retirement plans (including the choice of joining the pension plan)
  • Professional development opportunities
  • Wellness opportunities
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