Director, Enterprise Risk Management

The Opportunity:

Reporting to the Global Head of Enterprise Risk Management, as the Director, Enterprise Risk Management, you will be responsible for recommending, directing, and implementing the strategies, operational and tactical plans to ensure that the Enterprise Risk Management Framework (ERMF) including the Risk Management Processes, Risk Appetite Statements and Key Risk Indicators, are embedded/operationalized across CSL businesses and functions globally (as assigned).  You will play a key role in enabling the CSL group to achieve its strategic ERM framework and goals by collaborating across teams globally and providing a view on risk appetite, risk assessment and providing inputs into risk training for all the functions.  You will act as a risk expert and key business partner in advising the risk leaders, risk experts and other business leaders in ongoing risk identification, management, controls, and mitigations for those businesses and functions they are assigned responsibility for.  

This is a hybrid role, which offers a combination of an onsite and remote work schedule.  #LI-hybrid

The Role:

• Responsible for driving ongoing risk awareness in the organization and embedding risk and the three lines of accountability across various businesses and functions (as assigned) across the CSL group.
• Ensures alignment and plays a key role in meeting strategic objectives of the Global Risk program, ultimately for the Global Enterprise Risk, Ethics & Compliance (EREC) and CSL group objectives and Global Legal Strategy, and monitors progress against and defines initiatives or actions to meet the objectives.
• Proactively and regularly identifies opportunities for improvement in areas of accountability including technology (in collaboration with IT) and implements in accordance with plans as agreed with the Global Head of ERM.
• Keeps up to date with best practices and emerging trends in the external environment that may impact CSL and actively bring ideas, risks and issues to the Global Head of ERM.
• Reviews the Enterprise-wide Risk Appetite Statements on an ongoing basis including working closely with the business and functions (as assigned) to reassess existing statements and measures (Key Risk Indicators - KRI) and determine any changes, additions and deletions.  Supports the collection of KRI data twice per annum providing subject matter expert (SME) support for associated context/narrative to support any out of tolerance KRI, trends and/or proposed changes – for twice yearly reporting to the Enterprise Risk Management Committee (ERMC), Global Executive Leadership Group (GLG) and ARMC.
• Responsible for ongoing Risk Management and engagement across the businesses and functions (as assigned) by engaging as a key business partner in risk discussions and ad-hoc interactions to support ongoing risk identification and management. Includes supporting Senior Risk leaders, Risk Experts, and others in the business (for areas as assigned) to identify and document risks that CSL is exposed to. Supports the business in undertaking risk ‘deep dives’ as required and developing controls to mitigate issues through the issues/risks management process. Proactively supports the functions and businesses in assessing their risk profile and advising where risk controls are needed. Advises and provides consultation in enabling the business to calculate the current risk by evaluating the risk factors, suggesting mitigation measures, and determining the target risk.
• Provides inputs and recommendations on the CSL group risk profile to the Global Head of ERM and identifies risk interdependencies across businesses and functions (as assigned) to characterize enterprise-wide exposures at the CSL Group level. Implements periodic reviews, and recommend updates to the policies, processes, tools, and templates at the business and group level to reflect changing priorities. Responsible for effectively managing the process of identifying emerging risks to the various businesses and functions (as assigned). Responsible for recommending and implementing exercises to assess these risks and identify mitigation measures.
• Responsible for recommending, directing, and implementing a ‘risk in change’ process in consultation with the Head of ERM to effectively integrate Risk Management and various change initiatives and proactively identify and manage risks in the assigned businesses or functional areas.
• Collaborates with the EREC Monitoring and Assurance team to provide risk SME input into and support the periodic review of the risk-based monitoring program (including audit plans and cadence) for the assigned businesses, in accordance with the ERMF and related policies and standards.  Includes providing SME input into developing and maintaining the routine con