Director, Enterprise Risk Mgmnt - BSC (Hybrid)

Exelon•Chicago, IL

7d•Hybrid

About The Position

Lead the development and implementation of Exelon's enterprise risk management strategy, ensuring enterprise risks are identified and managed and that senior leadership and the Exelon Board's Audit and Risk Committee provide effective oversight. Work regularly with leaders across Exelon to gather and share information about enterprise risks. In partnership with the EVP, Compliance, Audit & Risk, lead risk-related reporting to the Board's Audit and Risk Committee and the Executive Committee. Coordinate processes for identifying emerging risks and trends, including a biannual steering committee meeting, periodic check-ins or surveys, and workshops as needed. Develop agendas and materials for OpCo Risk Management Committees, and lead internal and external communications to strengthen understanding of risk and risk management practices. Oversee the Senior Manager, ERM and support deliverables such as Key Risk Indicators, risk bowties, and Management Model reviews, including the Risk Appetite Statement. Review annual risk assessment plans for Exelon Audit Services and Compliance & Ethics, and provide feedback on audit-plan coverage of enterprise and emerging risks. Manage ERM's long-range plan and budget, lead periodic reviews of risk-related disclosures for SEC and regulatory filings, and represent the Risk function in OpCo capital-project review and approval processes. Promote coordination across Compliance, Audit, and Risk teams. The role reports to the EVP, Compliance, Audit, and Risk. It has one direct report, an E05 Senior Manager, who manages an E04 Enterprise Risk Manager. Key internal contacts include the Executive Committee, the Exelon Board's Audit and Risk Committee, senior OpCo leadership, Corporate Strategy, regulatory and policy groups, Finance, and Legal.

Requirements

At least 10 years of experience in the utility industry in roles providing significant exposure to risk management, finance, and/or strategy.
At least 5 years of experience as a manager.
Excellent analytical skills.
Excellent written and oral communication skills.
Excellent interpersonal skills.

Nice To Haves

Undergraduate or graduate training in a quantitative field.
Self-starter and highly motivated.
Prior experience with risk management responsibilities.

Responsibilities

Lead development and implementation of Exelon's enterprise risk management strategy and oversight processes.
Communicate with Exelon leaders to gather and share information about enterprise risks.
Lead risk-related reporting to the Board's Audit and Risk Committee and the Executive Committee in partnership with the EVP, Compliance, Audit & Risk.
Organize and facilitate emerging-risk processes, including a biannual steering committee meeting, periodic check-ins or surveys, and workshops as needed.
Develop agendas and materials for OpCo Risk Management Committees.
Lead internal and external communications that support understanding of enterprise risks and effective risk management practices.
Oversee the Senior Manager, ERM and support development and reporting of Key Risk Indicators, risk bowties, and Management Model reviews, including the Risk Appetite Statement.
Review Exelon Audit Services and Compliance & Ethics annual risk assessment plans and provide feedback on audit-plan coverage of enterprise and emerging risks.
Manage ERM's long-range plan and budget.
Lead periodic reviews and updates of risk-related disclosures for 10-K/10-Q reports, proxy statements, and other SEC and regulatory filings as appropriate.
Participate in OpCo capital-project review and approval processes as the representative of the Risk function.
Drive collaboration and coordination across Compliance, Audit, and Risk teams.
Provide special-project, consulting, and ad hoc business-team support relating to risk issues.

Benefits

Competitive compensation and incentives.
Annual salary range of $181,600 to $249,700, plus an additional $50,000 in Long Term Incentive Plan annually.
Annual bonus of 30% for eligible positions.
401(k) match and annual company contribution.
Medical, dental, and vision insurance.
Life and disability insurance.
Paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave, and bonding/primary caregiver or parental leave.
Employee Assistance Program and mental and emotional support resources.
Wellbeing programs, including tuition reimbursement, adoption and surrogacy assistance, and fitness reimbursement.
Referral bonus program.