Director of Enterprise Risk

Loureiro Engineering Associates, Inc. • Plainville, CT

1d

About The Position

Loureiro Engineering Associates is seeking a Director of Enterprise Risk to develop and strengthen the systems, standards, controls, and management disciplines used to identify, evaluate, manage, and monitor enterprise risk. The role initially focuses on subcontractor and third-party risk, contract review, purchase order controls, insurance compliance, and procurement governance. Over time, it is intended to evolve into a broader enterprise risk function covering contractual risk, claims, insurance and bonding, major project risk, acquisition and joint-venture risk, and other material enterprise risks.

The Director will establish enterprise-wide standards, controls, approval thresholds, delegated authorities, and exception processes; partner with executive and operating leaders to evaluate and escalate risks; and monitor risk and compliance trends and emerging exposures. The position will establish subcontractor and third-party qualification and compliance standards, oversee the subcontractor management system, and develop commercial, procurement, and insurance controls. The role supports informed commercial decisions while operating leaders retain responsibility for subcontractor selection, purchasing, buyout, and project execution.

The Director will also build the systems, processes, reporting, and organizational capabilities needed to grow a comprehensive enterprise risk-management function and promote a culture of transparency, informed risk-taking, accountability, and effective execution. The role requires a business-minded professional with strong judgment, practical problem-solving skills, collaboration and influencing ability, communication and negotiation skills, analytical skills, integrity, and credibility.

Loureiro is a 100% employee-owned, multidisciplinary consulting firm with operations in Connecticut, Massachusetts, Rhode Island, New Hampshire, North Carolina, and Missouri. It offers an employee ownership plan, opportunities for learning and advancement, a team-oriented culture, and comprehensive health, financial, and wellness benefits.

Requirements

• Bachelor's degree in business, construction management, engineering, finance, risk management, law, or a related field.
• Minimum of 10 years of relevant experience in commercial management, contracts, risk management, procurement, insurance, subcontractor management, or related disciplines.
• Demonstrated experience managing contractual, commercial, subcontractor, procurement, or insurance-related risk.
• Strong judgment and understanding of risk within a project-based business.
• Practical problem-solving skills and the ability to develop controls that manage risk without unnecessarily impeding operations.
• Ability to collaborate with and appropriately challenge leaders at all levels of the organization.
• Strong communication and negotiation skills, with excellent analytical and problem-solving skills.
• High integrity, sound judgment, and credibility, with the ability to build trust across the organization.
• Ability to sit for prolonged periods at a desk and work on a computer.
• Ability to lift up to 15 lbs.
• Ability to operate standard office equipment and keyboards.
• Ability to push, pull, and place materials on level surfaces and in overhead cabinets.

Nice To Haves

• Experience within engineering, construction, environmental services, industrial services, or another project-based business.

Responsibilities

• Develop and continually improve enterprise-wide risk standards, controls, approval thresholds, delegated authorities, and exception processes.
• Partner with executive and operating leaders to ensure material risks are understood, evaluated at the appropriate level, and escalated when outside established standards or authority.
• Monitor risk and compliance trends, recurring exceptions, and emerging exposures, and provide leadership with visibility into the Company's risk profile.
• Establish and maintain standards for subcontractor and third-party qualification, approval, monitoring, and compliance, including oversight of the subcontractor management system.
• Set subcontractor qualification requirements addressing safety, insurance, financial capacity, licensing, and other relevant risks, and establish processes to review and approve exceptions.
• Partner with operating teams to evaluate subcontractor and vendor risks before commitments are made.
• Establish and maintain processes for reviewing client, subcontractor, vendor, purchase order, and other commercial commitments.
• Review contractual and commercial risks within delegated authority and identify, document, and escalate material or unusual risks.
• Coordinate with operating leaders, administrative leaders, insurance advisors, outside legal counsel, and other resources to support informed commercial decisions.
• Establish and monitor procurement and buyout controls, including competitive bidding, authorization thresholds, documentation requirements, sole-source procurement, and exceptions.
• Establish and maintain subcontractor and vendor insurance requirements and oversee certificate-of-insurance compliance, deficiencies, and exceptions.
• Partner with operating and administrative leadership to improve procurement and risk-transfer controls.
• Develop systems, processes, reporting, and organizational capabilities to support a comprehensive enterprise risk-management function.
• Expand the function over time, as appropriate, to cover claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material enterprise risks.
• Promote an enterprise risk-management culture that supports transparency, informed risk-taking, accountability, and effective execution.

Benefits

• Company-funded employee ownership stake through the Employee Stock Ownership Plan (ESOP).
• Hands-on learning, coaching, and clear career paths.
• Comprehensive health, financial, and wellness benefits.
• Respectful, team-oriented workplace.

What This Job Offers

• Job Type: Full-time
• Career Level: Director