Hybrid Enterprise Risk Officer

at Teachers' Retirement System of the State of Illinois

• Job title: Enterprise Risk Officer
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $123,261 - $192,288 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Lisle, United States

About the role

• Enterprise Risk Officer at TRS measuring and monitoring risks across the organization. Evaluating internal controls and assisting in risk mitigation to meet strategic objectives.

Responsibilities

• Under the direction of the Director of Risk & Investment Operations, measure and monitor risk across the entire TRS organization
• Evaluate internal controls, report on internal control reviews and internal risk assessments, as well as the improvement of control activities
• Assist risk owners in the identification of strategic and emerging risks that could negatively impact TRS functions and ability to meet its objectives
• Assist in the evaluation of risk mitigation steps to ensure acceptable levels of risk given the strategic objectives of the organization
• Design, implement and maintain structures for ERM, including oversight, frameworks, education, management reporting, and representation of TRS with external organizations
• Lead Executive Team efforts to set the risk appetite, identify enterprise risk gaps, prioritize risks and mitigation efforts, and report the status of these efforts to leadership
• Work with risk owners and leaders to coordinate agency efforts in the evaluation of internal controls and improving control activities
• Foster a culture of strong risk mitigation and effective risk management through the development and sharing of best practices and contemporary tools/techniques and training
• Maintain awareness of current and potential emerging risks that may impact TRS
• Assist with ongoing development and maintenance of ERM related reports for staff, internal risk operating committees, and Board meetings

Requirements

• Bachelor’s degree in risk management, insurance, business administration, accounting, or similar field of study.
• Three (3) years of experience in ERM or auditing, or experience in development and implementation of risk assessments, business processes, information system auditing, or compliance controls
• Knowledge of current laws, regulations, executive orders, and best practices regarding ERM and the ability to communicate these effectively throughout the organization.
• Excellent written and verbal communication skills.
• Ability to build a consensus across various constituencies and achieve results through the efforts of others.
• Strong planning and organizational skills.
• CPA, CRM, or ARM preferred

Benefits

• medical, dental and vision coverage
• participation in the TRS retirement pension plan
• option to contribute to additional State of Illinois deferred compensation plans