Senior Manager, Risk Management
About The Position
The Senior Manager, Risk Management leads the development and execution of comprehensive risk and financial strategies aligned with Walmart’s global business objectives. This role oversees compliance with regulatory requirements, manages risk financing and insurance budgets, and collaborates with stakeholders to identify and mitigate potential exposures. By driving continuous improvement and fostering a high-performing team environment, the position ensures operational efficiency and supports sustainable business growth. The role demands strategic oversight, strong stakeholder engagement, and the ability to adapt plans based on data insights and evolving regulatory landscapes. The Specialty Compliance and Ethics team ensures contractor earnings systems comply with regulatory standards while fostering business innovation. This team develops and implements compliance frameworks, monitors regulatory changes, and collaborates across functions to maintain resilient processes. Focused on integrity, transparency, and continuous improvement, the team anticipates risks and drives policy development to uphold compliance. Members work closely with leadership to align strategies with evolving regulations and business objectives, ensuring consistent and effective risk management across jurisdictions. The team supports a culture of accountability and learning to sustain trusted and efficient operations.
Requirements
- Extensive experience in risk management, including identifying, analyzing, and mitigating financial vulnerabilities and exposures.
- Proven ability to develop and execute risk financing strategies aligned with corporate objectives and regulatory requirements.
- Strong knowledge of regulatory compliance across local, state, federal, and international financial laws and standards.
- Demonstrated expertise in managing budgets, insurance programs, and complex contract negotiations with third-party providers.
- Effective stakeholder management skills, collaborating across business units and external partners to optimize risk control.
- Leadership experience in mentoring teams, driving performance, and fostering continuous improvement and adaptability.
- Bachelor's degree in Business, Finance, or related field and 3 years’ experience in risk management, finance, or related area OR 5 years’ experience in risk management, finance, or related area.
Nice To Haves
- Master's degree in Business, Finance, or related field.
- Supervisory experience
Responsibilities
- Lead the development and execution of risk management and finance strategies aligned with Walmart’s global business objectives.
- Identify, analyze, and mitigate potential financial risks using data-driven insights and cost-benefit analyses.
- Manage insurance policy budgets, profit and loss accounts, and statutory audits for the captive insurance entity.
- Oversee compliance and reporting to regulatory agencies, ensuring adherence to applicable laws and regulations.
- Collaborate with internal and external stakeholders to negotiate contracts and implement risk mitigation policies.
- Provide leadership, coaching, and development opportunities to build a high-performing risk management team.
Benefits
- Medical coverage
- Vision coverage
- Dental coverage
- 401(k)
- Stock purchase
- Company-paid life insurance
- PTO (including sick leave)
- Parental leave
- Family care leave
- Bereavement
- Jury duty
- Voting leave
- Short-term disability
- Long-term disability
- Company discounts
- Military Leave Pay
- Adoption and surrogacy expense reimbursement
- PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes.
- Live Better U (Walmart-paid education benefit program for full-time and part-time associates)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
