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Director Enterprise Risk

Job in Phoenix, Maricopa County, Arizona, 85003, USA
Listing for: Arizona Public Service Company
Full Time position
Listed on 2026-08-17
Job specializations:
  • Management
    Risk Manager/Analyst
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 180000 - 260000 USD Yearly USD 180000.00 260000.00 YEAR
Job Description & How to Apply Below

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Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. As the state’s largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.

Summary

The Director, Enterprise Risk will provide leadership for the development, implementation, and administration of the Company's Enterprise Risk Management (ERM) program. Establishes and maintains a consistent framework for identifying, assessing, monitoring, managing, and reporting enterprise risks across the organization. Partners with executive leadership and business unit leaders to evaluate strategic, operational, financial, regulatory, compliance, insurance, credit, and emerging risks that may impact achievement of corporate objectives.

Responsible for facilitating the enterprise risk assessment process, maintaining the Company's risk appetite framework, and providing risk reporting and analysis to senior leadership, including through facilitation of the Executive Risk Committee, and to the Board of Directors. Serves as a trusted advisor to management on risk-related matters and promotes a culture of risk awareness and risk-informed decision making throughout the organization.

  • Bachelor's degree in Finance, Business Administration, Accounting, Economics, Risk Management, Engineering, or related discipline required.
  • Master's degree in Business Administration or related field preferred.
  • Requires ten (10) years or more of progressively responsible experience in enterprise risk management, finance, audit, regulatory affairs, insurance, compliance, energy markets, corporate planning, or related disciplines, including significant experience evaluating strategic and operational risks within a complex organization, within a regulated energy utility preferred.
  • Requires five (5) or more years of management experience with responsibility for leading teams, developing staff, managing budgets, and directing enterprise-wide initiatives.
  • Demonstrated knowledge of enterprise risk management principles, risk assessment methodologies, governance frameworks, internal control concepts, insurance and risk transfer strategies, credit risk management, and regulatory environments.
  • Strong analytical, communication, facilitation, negotiation, and presentation skills required.
  • Ability to build effective working relationships across all levels of the organization and communicate complex risk issues to technical and non-technical audiences.
Major Accountabilities

1) Provides leadership for the development, implementation, and continuous improvement of the Company's Enterprise Risk Management framework, policies, standards, and processes.

2) Establishes and maintains a consistent enterprise methodology for identifying, assessing, measuring, monitoring, prioritizing, and reporting risks across the organization.

3) Leads the enterprise risk assessment process and facilitates evaluations of strategic, operational, financial, regulatory, compliance, insurance, cybersecurity, and reputational risks.

4) Maintains the enterprise risk inventory, risk register, and related documentation to ensure risks are appropriately assessed, assigned, monitored, and mitigated.

5) Develops and administers the Company's risk appetite framework, including key risk indicators, risk tolerance thresholds, escalation processes, and risk reporting requirements.

6) Monitors emerging risks, external developments, market conditions, regulatory changes, and industry trends that may impact Company strategy, operations, or financial performance.

7) Prepares and presents enterprise risk reports, assessments, and recommendations to executive leadership, internal risk governance committees, Board Committees, and the Board of Directors.

8) Monitors compliance with all applicable risk policies, risk tolerances, and governance requirements and communicates significant risk exposures, exceptions, and trends to leadership as appropriate.

9) Provides independent risk evaluation and consultation on strategic initiatives, major projects, significant capital…

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