Head of Risk

Company Information

Wilks Brothers, LLC is a multifaceted, family-based partnership headquartered in Cisco, Texas with employees working in offices in Cisco, Willow Park, Fort Worth, Houston, and beyond. We invest in relationships and recognize the value in people, communities, and businesses. Our customers are not a number; they are a name, a family member, a friend. In the good times and in difficult times we treat them all equally – exactly how we want to be treated.

We believe that business is not just about profit – it is personal too. At Wilks Brothers, we respect the people that make our business grow: our employees and our customers. Our goal is to develop mutually beneficial partnerships utilizing our core values of:
Faith, Integrity, Team, Growth and Loyalty.

Website:

Location: Ft Worth, TX. This position will be on site at our facility located in:
Ft Worth, TX.

Visa Sponsorship: We do not offer visa sponsorship for this position.

Seniority Level: Executive

Employment Type: Full-time

Job Function: Finance and Sales

The Head of Risk is responsible for leading the risk management function across the enterprise, including both family office and multi-industry exposures (construction, oil & gas, technology, commercial and multi-family real estate, land development, ranching, and more). This position requires strong business acumen and business judgment, and is responsible for providing strategic leadership for the enterprise-wide risk management function including broker and carrier relations, captive insurance program, risk premium allocations, budgeting, and forecasting.

Further, this role ensures compliance with regulatory requirements and emphasis on a strong risk‑aware culture throughout the company while identifying, assessing, monitoring, and mitigating internal and external risks.

• Identify key risks across operational, financial, strategic, regulatory, and cybersecurity areas.
• Provide strategic guidance to the executive team and Board on risk matters.
• Lead risk assessment and mitigation strategies, ensuring alignment with business goals.
• Oversee the risk reporting process to internal stakeholders and regulators.
• Manage captive insurance program and recommend opportunities to further develop the program.
• Advise Wilks Brothers management on insurance procurement and coverage under current policies, and answer general questions on insurance compliance issues regarding client properties.
• Alert management to potential coverage gaps and areas of emerging need, while assessing and evaluating risk tolerance levels.
• Maintain an up-to-date understanding of industry risks and best practices.
• Lead internal risk reviews, audits, and stress testing activities.
• Manage a lean and high‑performing risk team, ensuring continuous development.
• Collaborate with Legal, Compliance, Finance, Human Resources, Safety, and Operations to embed risk awareness and practices across the enterprise (portfolio of companies).
• Ensure the enterprise risk management (ERM) framework and policies are current with industry standard(s) and aligned with the enterprise or specific business unit’s strategic goals and objectives.
• Serve as the point of contact with regulatory bodies regarding risk-related topics.
• Execute administrative duties such as obtaining COI’s from GC’s, applications, and claims reporting and tracking.

• Bachelor’s or Master’s degree in Risk Management, Finance, Business Administration, or related field.
• Professional certifications (e.g., CRMP, FRM, PRM, CFA) preferred.
• Minimum 10+ years of insurance risk management experience within large holding company structure, insurance brokerage, or other corporate entity with sizeable assets. Experience with at least 5 years in a leadership role is preferred.
• Deep understanding of risk frameworks (e.g., COSO, ISO 31000), regulatory requirements, and governance.
• Previous experience with captive insurance company is helpful but not required.
• Strong analytical, leadership, and communication skills.
• Experience working with executive leadership and boards of directors.

• Prolonged periods…