Chief Enterprise Risk & Compliance Leader

Loureiro Engineering Associates, Inc.; Plainville (CT); On-site; USD 140,000 - 230,000; Full time

Benefits offered by this job

Employee Ownership (ESOP)

Competitive benefits

Career development opportunities

Job summary

Loureiro Engineering Associates, Inc. in Connecticut seeks a Director of Enterprise Risk to build and lead the enterprise risk program.

You will develop standards, controls, and governance for subcontractor, contractual, procurement, and insurance risks while expanding the function over time to cover major project and acquisition risks. The role requires a strategic, business-minded leader who can partner with executives, influence decisions, and promote a culture of transparent risk management

Qualifications

• Bachelor's degree in business, construction management, engineering, finance, risk management, law, or related field.
• 10+ years of relevant experience in commercial management, contracts, risk management, procurement, insurance, or related disciplines.
• Experience within engineering, construction, environmental services, industrial services, or another project-based business preferred.
• Demonstrated experience managing contractual, commercial, subcontractor, procurement, or insurance-related risk.

Responsibilities

• Develop and continually improve enterprise-wide standards, controls, approval thresholds, delegated authorities, and exception processes for identifying, evaluating, managing, and monitoring material business risks.
• Partner with executive and operating leaders to ensure material risks are understood, evaluated at the appropriate level, and escalated when outside established standards or authority.
• Monitor risk and compliance trends, recurring exceptions, and emerging exposures and provide leadership with appropriate visibility into the Company's risk profile.
• Establish and maintain enterprise standards for subcontractor and third-party qualification, approval, monitoring, and compliance, including ownership and oversight of the subcontractor management system.
• Establish qualification requirements addressing safety, insurance, financial capacity, licensing, and other appropriate risk considerations, including processes for reviewing and approving exceptions.
• Partner with operating teams to ensure subcontractor and vendor risks are appropriately evaluated before commitments are made, while operating leaders retain responsibility for selection, buyout, and performance.
• Establish and maintain standards and processes for reviewing client, subcontractor, vendor, purchase order, and other commercial commitments.
• Review contractual and commercial risks within delegated authority and ensure material or unusual risks are appropriately identified, documented, and escalated.
• Coordinate with operating leaders, administrative leaders, insurance advisors, outside legal counsel, and other resources as appropriate to support informed commercial decisions.
• Establish and monitor controls governing procurement and buyout, including competitive bidding, authorization thresholds, documentation requirements, sole-source procurement, and other exceptions.
• Establish and maintain subcontractor and vendor insurance requirements and oversee certificate of insurance compliance, deficiencies, and exceptions.
• Partner with operating leadership and administrative leadership to continually improve procurement and risk-transfer controls, while operating leaders retain responsibility for purchasing, subcontractor selection, and project execution.
• Develop the systems, processes, reporting, and organizational capabilities necessary to support the evolution of a comprehensive enterprise risk-management function.
• Expand the function over time, as appropriate, to encompass claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material enterprise risks.
• Promote an enterprise risk-management culture that creates transparency, supports informed risk-taking, strengthens accountability, and enables effective execution.

Skills

Judgment

Problem-solving

Collaborative leadership

Communication & negotiation

Integrity & credibility

Education

Bachelor's degree in business, construction management, engineering, finance, risk management, law, or related field

Job description

Loureiro Engineering Associates, Inc. in Connecticut seeks a Director of Enterprise Risk to build and lead the enterprise risk program.

You will develop standards, controls, and governance for subcontractor, contractual, procurement, and insurance risks while expanding the function over time to cover major project and acquisition risks. The role requires a strategic, business-minded leader who can partner with executives, influence decisions, and promote a culture of transparent risk management