Director, Enterprise Risk Management

West Pharmaceutical ServicesExton, PA
101dHybrid

About The Position

The Director of Enterprise Risk Management (ERM) is a high-impact, senior-level role responsible for the development and execution of the Company's ERM program in alignment with the COSO ERM Framework. Reporting directly to the Head of Enterprise Risk and Security, this role demands strong leadership and the ability to interact extensively with executive leadership and the Board of Directors. The Director will lead the organization through the complete ERM process, integrating risk management techniques into strategic planning, budgeting, and operational processes. A key aspect of this role is to foster trusted and collaborative relationships with organizational management to drive engagement in ERM activities.

Requirements

  • Master's Degree in Business Administration, Finance, Accounting, or related field preferred.
  • Bachelor's Degree in Business Administration, Finance, Accounting, or related field required.
  • Minimum 10 years of experience in enterprise risk management, audit, project management, or related field, including 5-7+ years in ERM process development and operation required.

Nice To Haves

  • Strong knowledge of COSO ERM framework and other internal control standards.
  • Proficiency in risk quantification methods and systems.
  • Ability to maintain ERM training and certifications to leverage current experience and enhance the ERM program.
  • Strong interpersonal skills with the ability to build relationships across all levels of the organization, including the Board of Directors.
  • Consistently demonstrate high standards, professional ethics, integrity, and trust.
  • Positive and resourceful with an inquisitive nature, proactively seeking out information to drive successful ERM initiatives.
  • Must be able to operate across different geographic time zones.
  • Excellent communication and influence skills, including report writing, presentations, and group facilitation.
  • Demonstrated executive presence and ability to work independently in a dynamic environment.

Responsibilities

  • Direct and maintain the ERM program and strategy, ensuring alignment with Committee of Sponsoring Organizations' (COSO) ERM Framework and the latest professional standards, and publish/update ERM policies and procedures.
  • Establish and lead an Enterprise Risk Governance Council and promote ERM activities and visibility within the Executive Leadership Team and across departments, operating units, and business functions.
  • Provide expert risk consulting and advice to all levels of management and business units to ensure comprehensive, high-quality risk reporting and early identification of risk trends.
  • Facilitate and coordinate requests for information from auditors, regulators, and collaborate with Financial, Legal, Compliance, Information Technology, Internal Audit, and Operations teams.
  • Lead scheduled enterprise risk reporting and presentations for Executive Management, the Audit Committee, and the Board of Directors.
  • Review key risk and performance indicators/metrics to assist in early risk trend identification and manage risk self-assessments with business unit management.
  • Build strong internal and external alliances to positively influence risk identification and resolution.
  • Provide risk support for major initiatives, including M&A activities, related integrations, vendor management projects, and large system/process improvements.
  • Direct enterprise risk communication to stakeholders through targeted correspondence and internal networks and oversee the development and delivery of ongoing ERM training programs.
  • Assure quality control of enterprise risk-related databases and risk registers and facilitate development and maintenance of department-level risk registers and dashboards in company databases.

Benefits

  • Opportunities for lifelong learning, growth and development.
  • Support for physical, mental, emotional and financial health of team members and their families.

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Computer and Electronic Product Manufacturing

Education Level

Master's degree

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