Risk Management Director

Simon Property Group; Indianapolis (IN); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Director of Risk Management to enhance its corporate risk management program. This pivotal role involves identifying and analyzing business risks while collaborating with internal stakeholders to ensure compliance and effective contract management. The ideal candidate will possess extensive experience in risk management, strong communication skills, and the ability to thrive in a dynamic environment. Join a forward-thinking organization where your expertise will directly contribute to enterprise-wide risk goals and the overall success of the business.

Qualifications

• 7+ years of risk management and contract experience focused on contract risk.
• Strong understanding of risk principles and interdependencies.

Responsibilities

• Identify, assess, and prioritize business risks.
• Lead the review of company-wide template agreements.
• Support annual Risk Management budget preparation.

Skills

Risk Management

Contract Management

Communication Skills

Project Management

Business Acumen

Education

Undergraduate degree in risk management, finance, or business administration

CPCU, ARM, and AIC designations

Job description

Job Location:

Corporate Indianapolis

PRIMARY PURPOSE:

As a strategic function, the Director, Risk Management plays a key role in Simon’s Risk Management program by identifying, analyzing and communicating risks that affect the business and support enterprise-wide risk goals. Specifically, this role will have ownership and/or support of Simon’s corporate contract risk oversight including contract consulting and feedback, establishing policies and procedures, as well as reviewing and updating all internal template agreements with key internal stakeholders. The Director, Risk Management also supports the Senior Vice President, Risk Management with Simon’s enterprise-wide risk management goals as needed. This role will interact across the organization on a variety of risk management issues which impact our businesses and functional groups.

PRINCIPAL RESPONSIBILITIES:

The successful candidate’s responsibilities will include, but not be limited to:

• Identify, assess, communicate and prioritize overall business risks of all kinds.
• Review insurance and indemnity provisions of contracts and provide subject matter expertise that aligns with the organization’s risk appetite and feedback to internal and external parties.
• Lead the review and updating and communication of all company-wide template agreements by collaborating with key internal stakeholders.
• Develop and maintain contract risk playbooks and policy and procedures documents for each category of company template agreement.
• Be the key point of contact for insurance and risk language within the company’s loan agreements and own the process of obtaining insurance sign-off with loan servicer.
• Maintain oversight of company-wide certificate of insurance monitoring, including oversight of third-party monitoring service.
• Support the annual Risk Management budget preparation.
• Support enterprise-wide goals as needed.

ACADEMIC AND PROFESSIONAL QUALIFICATIONS:

• Undergraduate degree in risk management, finance, business administration or equivalent is required.
• Industry designations such as CPCU, ARM and AIC are desirable.
• At least seven years of risk management and/or contract experience with a focus on contract risk is required.
• Robust understanding of risk principles and techniques - in particular, the need to understand the correlations and interdependencies across business risks and risk types.

REQUIRED PERSONAL ATTRIBUTES:

• Unimpeachable integrity
• The ability to handle highly sensitive matters discreetly.
• The ability to work with a team to accomplish organizational goals.
• Outstanding communication skills, both written and oral.
• The ability to organize and prioritize multiple time-sensitive matters.
• The desire to thrive in a high pressure environment.
• Strong business acumen and broad-based business skills which include but are not limited to: project management, ability to grasp strategy, governance, compliance and performance systems.
• Must be able to build strong partnerships with business, corporate teams and service providers, communicate to a wide variety of audiences in clear, understandable language and be a skilled facilitator of group action.