POSITION OBJECTIVE

　　The Vice President for Enterprise Risk Management (ERM) is the lead executive within the university charged with designing and maintaining the portfolio of ERM functions/programs to mitigate risk to the best practices.  The primary duties include leading the annual ERM assessment/agenda; staffing the Board of Trustee's Audit Committee for all ERM activity; supervising and performing all internal audit functions; and ensuring the university maintains the appropriate design and operation of ERM for its academic, research and commercial activities.  The position ensures operational priorities such as fraud detection and Integrity Hotline management along with strategic priorities, such as research growth of 50 percent, are effectively integrated into ERM strategies and accomplish mitigation of risk.

　　ESSENTIAL FUNCTIONS

　　Create, implement, and maintain a risk-responsible culture across the university which promotes continuous improvement of risk philosophy, policy, and practices (10%).Lead annual university risk assessment, identifying top enterprise risks and ensuring risk remediation plans are developed. Incorporate ERM into university strategic plan and related work plans (10%).Supervise or perform scheduled internal audits and programmatic reviews to assess the proficiency of the university's internal controls and enhance where indicated (10%).Direct and perform investigations into frauds, violations of policy, internal controls breaches. Ensure integrity and confidentiality of all investigations (5%).Interface at the President's Cabinet level as an executive leader and strategic advisor on risk management across the university (10%).Staff the Board of Trustee's Audit Committee and Full Board for ERM agenda preparation, presentations, internal audit reports, annual workplans, related resolutions, etc. (10%).Chair university ERM Committee which is the coordinating committee for all risk management functions (e.g. ERM, compliance, insurance, business continuity, internal audit, cybersecurity, regulatory, legislative, reputation, etc.) to achieve ERM best practices (10%).Direct university's ERM professional development and educational program across all functions (5%).Manage and maintain the university's risk management vehicles and tools such as Integrity Hotline ensuring timely, responsive resolution to all reports. Present ongoing reports and related recommendations to University Administration and Board related to risk management improvements and investments (10%).Ensure the university risk management systems specifically related to academics, research and reputation anticipate the required growth and changes to achieve their goals (10%).

　　NONESSENTIAL FUNCTIONS (10%)

　　Create, promote, and manage university policies related to ERM.

　　Interface with federal and state agencies and departments (e.g. Homeland Security, Department of Education, FBI, FDA, NASA, CIA, State Department, HHS, etc.) regarding risk matters.

　　Coordinate all risk management functions across the university regardless of their reporting authority (e.g. those functions not under the direct control of the position... i.e. insurance, business continuity, compliance, export controls, conflict of interest, etc.).

　　Direct professional, outsourced functions such as internal audit (e.g. Deloitte), compliance hotline services, etc.

　　Lead university assurance through testing and other measures that risk management/internal controls are resilient and operating at targeted levels of preparedness.

　　Define and develop standards, processes, and policy for evaluation of risk across the university.

　　Participate in university-wide strategic planning, policy formulation and financial planning.

　　Provide the President and Board an independent and