General Function

Executive Director of Enterprise Risk Management (ERM) is responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the company's operational and strategic risk. Develops Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework. Ensures the organization's risk management policies and strategies are in compliance with applicable regulations, rating agency standards, and strategic imperatives of the organization. Establishes the Enterprise Risk Management architecture for the company. Oversees or monitors all operational risk management activities of the organization. Monitors and analyzes risks within the company's business units and reports on these risks to the Board. Chairs or provides key inputs into the company's enterprise risk or other committee that oversees the enterprise risk management process and ensures alignment with organizational objectives.

This position also may have responsibilities for Insurance and Risk Management and / or Business Continuity Planning activities for the organization.

Characteristic Duties and Responsibilities

1.  Direct the risk management efforts between all areas of the college by creating a Risk Management Team to include, but not limited to, representatives from Emergency Management, Facilities Services, Environmental Health and Safety, Institutional Equity Office, Human Resources, Security, College Senate, Student Government and College Learning Community.

2.  Participates as a member of various established teams such as Safe College Team, Facilities Partners, Core Response Team, Data Governance Committee, etc.

3.  Works with the Procurement Department to bid and award insurance products; negotiates with the awarded vendor to assure the best price/coverage for the college for both new and existing vendors.

4. Plays a major role in the selection of vendors through partnership with Procurement, Information Technology Services, and legal counsel in the review and approval of terms and conditions on behalf of the college.

5.  Works with the NC Association of Insurance Agents to Manage and pay premiums for state owned vehicles the college operates.

6. Represent Central Piedmont on the NC Community College System Risk Management Committee sharing insurance vendors utilized and notable results, risk issues, risk assessments and solutions.

7.  Works with Internal Audit to identify risk areas, develop strategies and policies for managing those risks, and harvesting lessons learned from after event reviews and reportable findings.

8.  Responsible for managing the Enterprise Risk Management budget for insurance in excess of $1 Million.

9.  Reviews, makes recommendations and approves indemnification language and provides subject matter expertise for contracts and/or agreements. The department will provide risk management expertise for over 2000 contracts and agreements annually.

10.  Engage and develop effective working relationships to support cooperative responses to risk management matters and issues.

11.  Enters into the college prep budget system the expected insurance budget; responsible for managing the Insurance Recovery Account and other county insurance accounts; creates requisitions for payment of insurance invoices.

12.  Works with CPCC’s Construction Department to purchase Builders Risk Insurance which is paid for by the construction project; adds buildings to the policy once a Certificate of Occupancy is received from the CPCC’s Construction Department.

13.  Complies with all college audits as they relate to risk management/insurance.

14.  Completes the Risk Management Note in the Financial Statements.

15.  Reviews the insurance section of college contracts; manages distribution of Certificates of Insurance to outside sources; keeps on file Certificates of Insurance provided to the college from outside vendors providing contractual services to the college; reviews Certificates of Insurance provided to the college for rental of facilities.

16.  Works with Learning Unit to ensure proper coverage of new and expanding high risk programs of study or where contractual agreements are in place that require additional insurance coverage; communicates with the college community through Risk Management Team and the Insurance Website.

17.Presents to upper management the results of the negotiations of all products; keeps upper management informed of any insurance issues and needs for additional coverage.

18.  Reviews security reports through system (ARMS) and forwards to the insurance company as soon as possible patterns observed in the reporting system; serves as first point of contact for insurance claims.

19.  Responsible for Department of Motor Vehicles eligibility checks on all employees who drive college owned vehicles (both state and county).

20.  Collaborates with Business Continuity/Emergency Management to provide assistance with Business Continuity and Emergency Management operations.

21.  Daily manages a diverse work force including hiring and termination employees. 

22.  Other duties as assigned.

Knowledge, Skills, Abilities and Characteristics

*  Demonstrated leadership and management abilities in a complex environment•Commitment to customer service

*  Excellent relationship building skills with different departments, locations, and employees within the college

*  Ability to interface with public and governmental agencies

*  Excellent oral and written communication skills

*  Proven success in staff development

*  Ability to manage a diverse work force

*  A demonstrated ability to perform analytical and detail-oriented tasks

*  Experience working closely with Senior Management and Project Management in planning and carrying out strategic objectives

*  Have an understanding of business continuity

*  Knowledge and experience in interpreting data and trends

*  Knowledge of Microsoft Office Suite applications, and working experience with spreadsheets