Director of Risk Management
Actively Reviewing the ApplicationsAltum Consulting
Job Description
Director of Risk Management
Oklahoma City, OK
$140,000 - $150,000 base salary + bonus + LTI
A well established international retailer operating in the luxury goods sector is looking to appoint a senior risk leader based in Oklahoma City. This is a newly created role with responsibility for building and leading the organisation's risk management function.
The position will take ownership of risk management across the business, with a primary focus on operational risk alongside some short term credit risk exposure and a small amount of market risk. The successful candidate will work closely with senior leadership to establish the structure, frameworks and governance required to support a growing international retail operation.
This role will initially operate as a standalone function. The successful individual will need to be comfortable working in a hands on capacity while developing the foundations of the programme. Over time the role is expected to grow into a broader leadership position incorporating areas such as loss prevention, quality assurance and related operational oversight.
Responsibilities
- Establish and implement the organisation's enterprise risk management framework
- Build and maintain a structured risk management platform including governance, reporting and oversight
- Map key operational processes across the business and identify areas of risk exposure
- Develop risk policies, procedures and standard operating procedures
- Provide independent oversight while working closely with operational and commercial leadership
- Monitor operational risks associated with high value inventory, logistics and retail operations
- Develop risk reporting and provide regular updates to senior leadership
- Review incidents and operational failures, identifying control improvements and preventative measures
- Support the ongoing development of risk culture across the organisation
- Over time build and lead a broader risk team incorporating functions such as loss prevention and quality assurance
Candidate Profile
- Hands on
- Background in enterprise risk management or operational risk
- Experience within retail, consumer products, supply chain or another operationally complex, stock heavy environment
- Understanding of risks associated with high value inventory or product environments
- Experience establishing risk frameworks, governance structures and internal controls
- Strong process mapping and documentation experience including SOP development
- Comfortable operating independently while working alongside senior stakeholders
- Willingness to travel approximately once per month domestically, primarily to New York, and once per quarter internationally
This is an opportunity to build a risk function from the ground up within an established international retail business where risk management is becoming an increasing strategic priority.
Required Skills
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