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Vice President, Risk
Vice President, RiskSRS Distribution • McKinney, Texas, USA
Vice President, Risk

Vice President, Risk

SRS Distribution • McKinney, Texas, USA
11 days ago
Job type
  • Full-time
Job description

Position Purpose :

The Vice President of Risk reporting to the General Counsel is responsible for leading the companys risk management program. The VP will possess an intimate knowledge of internal business processes and the organizations industry. The individual will possess business process knowledge a broad based operational perspective and provides solutions for noninsurance-related business risk issues. The recognized risk leader will be someone who is a dynamic proactive and decisive person. They will also adapt well to and initiates change in the organization. This individual will seeks ways to optimize risks in the organization as a competitive business advantage. The VP will serve as a key advisor to the General Counsel and other senior leaders providing insights and recommendations to support informed decision-making and protect the companys legal and financial interests.

Key Responsibilities :

Risk Assessment and Analysis :

  • Analyze the impact and likelihood of identified risks considering their potential financial.
  • Stay abreast of industry trends regulations and best practices to ensure the risk management framework remains effective
  • Compile relevant data for benchmarking purposes

Risk Mitigation and Control :

  • Develop and implement risk mitigation strategies and controls to reduce identified risks to an acceptable level.
  • Collaborate with various departments and stakeholders to design and implement effective risk management practices.
  • Provide guidance and support to business units in implementing risk control measures and ensuring compliance with risk management policies.
  • Establish / negotiate contractual controls as respects indemnification and insurance requirements with manufacturers suppliers and installers.
  • Insurance and Claims Management :

  • Assist in evaluating insurance options and negotiating terms with insurance providers to ensure adequate coverage at competitive rates.
  • Manage insurance claims including coordinating with relevant parties and providing necessary documentation for claim processing.
  • Work closely with legal to assess and manage contractual and legal risks
  • Crisis and Business Continuity Planning :

  • In partnership with senior leadership identify key vulnerabilities
  • Develop and maintain crisis management plans to effectively respond to and recover from emergencies and major incidents.
  • Coordinate with cross-functional teams to establish business continuity plans including disaster recovery and incident response procedures.
  • Conduct regular drills and simulations to test the effectiveness of crisis and business continuity plans.
  • Provide training and awareness programs to employees to ensure readiness and responsiveness during crises.
  • Reporting and Communication :

  • Prepare and present risk reports and updates to senior management highlighting key risks mitigation efforts and risk management performance.
  • Communicate risk-related information to relevant stakeholders fostering a risk-aware culture throughout the organization.
  • Collaborate with internal and external auditors to facilitate risk assessments and provide necessary documentation.
  • Assist in regulatory compliance efforts by ensuring appropriate risk management practices are in place.
  • Direct Manager / Direct Reports :

  • The VP of Risk reports to the SVP & General Counsel
  • Travel Requirements :

  • This role requires minimal travel as per business needs up to 10-15% of the time.
  • Physical Requirements

  • Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles
  • Working Conditions

  • Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable
  • Minimum Qualifications

  • Bachelors degree in business finance risk management or a related field. A masters degree is preferred.
  • Significant experience (10 years) in risk management legal compliance or a related field preferably within a complex highly regulated industry.
  • Demonstrated experience in a senior leadership role with a track record of building and managing successful risk programs.
  • Experience reporting / supporting directly to a General Counsel or other C-level executive.
  • Professional certifications such as Certified Risk Manager (CRM) or Chartered Property Casualty Underwriter (CPCU) are desirable.
  • Minimum Years of Work Experience :

  • 10 plus years of experience in risk management legal compliance or a related field
  • Competencies :

  • Negotiation and Conflict Resolution
  • Communication
  • Crisis Management
  • Work Location :

  • This is a hybrid position / Onsite position. Our corporate office is located 7440 S. Hwy 121 McKinney TX 75070
  • Not the right job for you Register your details at the Introduce Yourself link (top right) and well be in touch!

    Job Location : SRS Distribution - McKinney

    7440 State Highway 121 McKinney TX 75070-3104

    As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc. including all its subsidiaries provides job opportunities to qualified individuals without regard to actual or perceived race color creed religion national origin sex gender age disability gender identity sexual orientation citizenship status uniform service veteran status marital status genetic information physical or mental disability or any other characteristic in accordance with applicable federal state and local EEO laws. If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position please contact Human Resources at US : 855.556.3221 or by email to : with the nature of your accommodation request and include the Business name location and title of the job opening. Please allow one (1) business day for a reply. All employment offers are contingent upon successful completion of a background check and drug screen as permitted by law.

    Competitive weekly / bi-weekly pay discretionary bonuses 401(k) with company match Employee Stock Purchase Plan paid time off (vacation sick volunteer holidays birthday floating) medical / dental / vision flexible spending accounts company-paid life and short-term disability plus optional long-term disability and additional life insurance.

    Required Experience :

    Exec

    Key Skills

    Change Management,Financial Services,Growing Experience,Managed Care,Management Experience,Analysis Skills,Senior Leadership,Performance Management,Process Management,Leadership Experience,negotiation,Analytics

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

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    Vice President • McKinney, Texas, USA

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