The Director, Compliance & Risk Management is responsible for overseeing and administering the College's compliance and enterprise risk management programs, including risk identification and assessments, mitigation plans, policies and procedures, College-wide training and awareness, and compliance reviews. The Director is also responsible for managing and administering the College's policies and procedures for reporting, evaluating, and addressing conflicts of interest.
Under the supervision of the Vice President & General Counsel:
Refine and administer the College's compliance and enterprise risk management program to identify, assess, track, prioritize, and address key institutional risks.
Partner with departments and maintain relationships to enhance the institutional awareness and culture pertaining to compliance and risk management.
Effectively address compliance obligations and mitigate emerging risks while advancing the College's strategic goals.
Coordinate compliance with applicable international, federal, state, and local laws and regulations.
Prepare and assist with regulatory filings.
Oversee and administer College reporting processes relating to possible violations of financial policy or financial reporting fraud.
Liaise with the Audit & Risk Committee of the College's Board of Trustees on matters pertaining to institutional compliance and risk.
Develop and implement processes to track deadlines for relevant licenses, permits, and approvals.
Assist in reviewing, drafting, and implementing institutional policies and procedures pertaining to compliance, risk management, and conflicts of interest.
Remain current with regulatory topics, trends and best practices regarding compliance within higher education.
Plan, conduct, and support regular compliance and risk management training for the College community.
Manage and administer the College's policies and procedures for reporting, evaluating, and addressing conflicts of interest.
Interface with outside legal counsel, as necessary, and make recommendation based on information received.
Provide first-line advice to various College constituencies.
Obtain information from governmental offices and websites (e.g., Secretary of State's office) when needed for various projects/matters.
Assume additional duties and responsibilities as required.
Minimum Level of Education Bachelor's Degree Required
Position Knowledge/Skills & Abilities Requirements:
A minimum of 10 years of progressively responsible experience in compliance and risk management
Must have extensive knowledge of enterprise risk management and compliance management programs, policies, methods, standards, processes, and risk analysis approaches
Must have a strong working knowledge of laws and regulations governing colleges and universities
Must have experience in building, leading and delivering compliance and risk management and audit/monitoring programs, assessments, and scenario analyses
Must have experience working with compliance solutions
Must have strong organizational, interpersonal, and communication skills, and ability to maintain a high degree of confidentiality at all times
Ability to collaborate with all constituencies with tact and diplomacy
Demonstrated ability to take initiative
Ability to successfully manage multiple projects simultaneously with timeliness, thoroughness and accuracy
Ability to envision and propose new methods to perform tasks that support Entrepreneurial Thought & Action (ET&A); takes thoughtful risks; and accepts new and ongoing initiatives, objectives, and solutions to gain sought-after results.
Ability to anticipate and embrace change; demonstrate willingness to achieve, acquire, and utilize new skills and challenging tasks; and flexibility in changing conditions.
Must have a thorough knowledge of MS Office (Word, Excel, PowerPoint, etc.) and slide presentation software and ability to address general computer issues
Must have excellent written, verbal, editing, and proofreading skills
Effective November 15, 2021 we are requiring all Babson faculty and staff members authorized to work on our campuses or any other property owned or controlled by the College to verify that they have been fully vaccinated for COVID-19. Requests for medical accommodation or religious exemption should be addressed directly to Human Resources.
Additional Experience, Skills & Abilities:
Compliance, fraud, and/or risk management certification a plus