Director of Enterprise Risk

Loureiro Engineering Associates, Inc. • Plainville, CT

9d

About The Position

Loureiro Engineering Associates is seeking a Director of Enterprise Risk to develop and strengthen the systems, standards, controls, and management practices used to identify, evaluate, manage, and monitor enterprise risk. The position calls for strong commercial judgment developed through direct exposure to project risk, and the ability to translate that judgment into practical, scalable controls that strengthen decision-making and protect the business.

The Director will partner with executive and operating leaders to establish enterprise risk standards, approval thresholds, delegated authorities, exception processes, and reporting. The role owns enterprise standards for subcontractor and third-party qualification and oversight, contractual and commercial risk review, procurement and buyout controls, insurance requirements, and certificate-of-insurance compliance. Operating leaders retain responsibility for purchasing, subcontractor selection, buyout, and project execution.

The role will develop the systems, processes, reporting, and organizational capabilities needed to grow a comprehensive enterprise risk-management function. Over time, that function may encompass claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material enterprise risks. The Director will promote a culture of transparency, informed risk-taking, accountability, and effective execution.

Loureiro is a 100% employee-owned company. The company describes its ESOP as providing a company-funded ownership stake and offers comprehensive health, financial, and wellness benefits, opportunities for learning and advancement, and a collaborative, team-oriented environment.

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 ability to identify, evaluate, and manage material commercial and project risks and translate that experience into practical controls, processes, and organizational standards.
• Demonstrated experience managing contractual, commercial, subcontractor, procurement, or insurance-related risk.
• Strong commercial judgment developed through direct experience managing contractual, financial, and operational risks in a project-based business.
• Ability to turn real-world project-risk experience into effective systems, standards, and controls 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.

Nice To Haves

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

Responsibilities

• Develop and continually improve enterprise-wide standards, controls, approval thresholds, delegated authorities, and exception processes for material business risks.
• Partner with executive and operating leaders to ensure material risks are understood, evaluated at the appropriate level, and escalated when they exceed 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 for safety, insurance, financial capacity, licensing, and other risk considerations, including processes for reviewing and approving exceptions.
• Partner with operating teams to ensure subcontractor and vendor risks are evaluated before commitments are made.
• Establish and maintain standards and processes for reviewing client, subcontractor, vendor, purchase-order, and other commercial commitments.
• Review contractual and commercial risks within delegated authority and ensure material or unusual risks are identified, documented, and escalated.
• 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 exception processes.
• 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 the systems, processes, reporting, and organizational capabilities needed to evolve a comprehensive enterprise risk-management function.
• Expand the enterprise risk function as appropriate to cover claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material risks.
• Promote an enterprise risk-management culture that supports transparency, informed risk-taking, accountability, and effective execution.

Benefits

• Company-funded ownership stake through the Employee Stock Ownership Plan (ESOP).
• Comprehensive health, financial, and wellness benefits.
• Hands-on learning, coaching, and clear career paths.
• Opportunity to work with teams across engineering, environmental, construction, and EH&S disciplines.
• Respectful, team-oriented, collaborative workplace.

What This Job Offers

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