Director of Compliance and Enterprise Risk Management

Job Description

Job Title: Director of Compliance and Enterprise Risk Management
Reporting Structure: Chief Financial Officer

Department: Finance and Accounting

The Director of Enterprise Risk Management (ERM) and Compliance provides enterprise-level leadership, governance oversight, coordination, and strategic guidance for the System’s risk and compliance framework. The position develops and maintains the System-wide Enterprise Risk Management (ERM) program, methodologies, governance processes, and reporting practices that support informed decision‑making, organizational resilience, and Board oversight.

The Director serves as a strategic advisor to executive leadership by monitoring the evolving regulatory and risk landscape facilitating enterprise risk assessments, providing executive level reporting and analysis, and promoting consistent risk management practices across the System.

Operational responsibility for identifying, assessing, mitigating, and managing risks remains with the institutional leadership and functional executives. The Director provides the governance framework, enterprise coordination, and executive visibility necessary to support consistent risk management while respecting institutional authority and accountability.

The Director strengthens the System by promoting a consistent enterprise approach to risk management that aligns decentralized institutional risk management practices with System-wide strategy, governance expectations, regulatory compliance, and Board oversight. Through enterprise coordination, executive advisory services, and strategic reporting, the Director enhances operational resilience, supports informed decision making, and reinforces clear accountability for risk ownership across the System.

• Develop, implement, and continuously enhance the System-wide ERM framework, methodologies, tools, and reporting standards.
• Guide institutions in conducting risk assessments and maintaining institutional risk registers using consistent enterprise methodologies.
• Aggregate and analyze institutional risk information to develop and maintain the System’s enterprise risk profile.
• Identify and elevate cross‑cutting, systemic, and emerging risks requiring executive leadership or Board consideration.
• Facilitate the development and periodic review of the System’s risk appetite and risk tolerance in partnership with executive leadership and the Board.
• Develop and maintain enterprise risk escalation protocols for material or emerging risks.
• Lead the System Risk and Compliance Committee and other cross‑functional governance committees.
• Develop enterprise dashboards, key risk indicators (KRIs), and executive reports that support governance and strategic decision making.

• Monitor the evolving federal, state, accreditation, and industry regulatory landscape affecting higher education.
• Partner with executive leaders and functional subject matter experts to evaluate enterprise impacts of significant regulatory developments.
• Provide executive leadership and institutional leaders with strategic regulatory briefings, trend analyses, and enterprise impact assessments.
• Facilitate cross‑functional coordination related to significant regulatory changes and emerging compliance risks.
• Conduct proactive regulatory horizon scanning to support strategic planning and organizational preparedness.
• Promote consistent enterprise communication regarding significant regulatory developments.

• Prepare and present risk reports, dashboards, and emerging risk updates for executive leadership and Board committees.
• Advise executive leadership and the Board regarding enterprise risks, regulatory developments, governance trends, and leading practices.
• Support the Board’s enterprise risk governance responsibilities through education, strategic reporting, and periodic review of the System’s enterprise risk profile.

• Establish and maintain enterprise risk assessment methodologies, documentation standards, and risk reporting practices.
• Collaborat…