Senior Director, Enterprise Risk Governance & Strategy

· Remote

Location

Remote

Type

Full Time

Job Description

Northwestern MutualJobs
Senior Director Enterprise Risk Governance & Strategy

Senior Director Enterprise Risk Governance & Strategy

Reposted 3 Hours Ago
Be an Early Applicant
Milwaukee WI USA
Hybrid
144K-248K Annually
Senior level
Fintech • Insurance • Financial Services
Start-Up Vibes with The Stability of a Fortune 100 Company.
The Role
The Senior Director leads enterprise risk governance integrating strategic risk management and managing the enterprise risk program. They align risk policies and frameworks with business leaders and oversee the ERMR department's strategy planning and operations.
Summary Generated by Built In
About the Job:
Lead enterprise efforts related to and be recognized as the enterprise expert for establishment maintenance and operationalization of enterprise risk governance frameworks structures and practices that provide the foundation for effective risk management across the Company. Advance the integration of strategic risk management within the enterprise risk framework. Drive alignment and execution of these components of the enterprise risk framework in partnership with risk and business leaders across the Company. Lead the enterprise risk program management capability including department planning strategy reporting and finance. Contribute to other Enterprise Risk Management & Resiliency (ERMR) functions.
What You'll Do:
  • Lead governance elements of the enterprise risk framework across all risk classes including risk policies appetite taxonomy and scoring and support the advancement of the Company's three lines model and process taxonomy. These elements conceptually underpin risk management across the enterprise.
  • Advance ERMR efforts to apply and adapt the Company's enterprise risk management framework to the strategic risk class with guidance from the VP - Enterprise Risk Solvency & Sustainability and other members of ERMR and the risk function and working closely with appropriate business units corporate functions and their executives.
  • Partner with ERMR leaders and other risk and business leaders across the Company to drive alignment and execution of risk governance and strategic risk practices.
  • Provide strategic leadership and visioning and deliver and oversee holistic strategy planning finance reporting and operations of the ERMR department including as a member of the ERMR leadership team. Coordinate closely with members of the ERMR leadership team and other risk leaders to align related risk and resiliency workstreams / components of the enterprise risk framework. Advance reporting service delivery and outcomes to reflect increased responsibilities and complexity of ERMR department.
  • Support the continued maturation of enterprise risk governance roles operating models frameworks and practices including corporate committee risk oversight roles practices and reporting to the Enterprise Risk Executive Committee in its role as the senior risk governance structure. Partner with Corporate Governance and risk leaders across the enterprise on overall governance alignment including with respect to Company subsidiaries to dynamically efficiently and effectively support enhanced risk governance capabilities.

What Experience You'll Bring:
  • Bachelor's degree required; preferred bachelor's or advanced degree in risk management finance actuarial business law or related field.
  • Ten years of progressive experience including 5 years of progressive applicable leadership experience with exposure to senior management.
  • Three years of progressive risk management experience and deep understanding of the financial services industry and the environment the company operates in including the unique risk culture of Northwestern Mutual.
  • Strategic Thinking: Ability to understand the Company's strategic direction and the connection between strategy and risk management.
  • Innovation / Transformation: Must be able to operate effectively within and contribute to a culture of innovation. Ability to think creatively and identify opportunities to redesign existing processes and/or develop new processes to facilitate transformation within ERMR and the Company.
  • Dealing with Ambiguity: Ability to effectively cope with constant change demonstrated by specific techniques to redirect own efforts and efforts of others. Includes the ability to help others efficiently cope with change and minimize the emotional impact.
  • Problem Solving: Demonstrated knowledge of and practical application of multiple problem-solving tools (including a total systems approach) addressing complex and unique problems. Established history of solving problems with effective solutions. Ability and determination to communicate difficult risk information and other situations to all levels of company management.
  • Leadership: Strong leadership skills including excellent decision making consultation influence and communication and NM enterprise savvy to navigate influence and inform multiple key internal stakeholders as well as skill as a people-leader and in talent management and development.
  • Advisor: Trusted advisor and builder of strong collaborative relationships with key business and risk partners to align and deliver on cross functional enterprise solutions.
  • Enterprise Acumen: Strong finance planning strategy and operations skills including the ability to understand how initiatives drive business outcomes and drive work through the processes and procedures within NM to ensure leadership buy-in and execution quality.

#LI-Onsite #LI-Hybrid
Compensation Range:
Pay Range - Start:
$144000.00
Pay Range - End:
$216000.00
Geographic Specific Pay Structure:
Structure 110:
$158400.00 USD - $237600.00 USD
Structure 115:
$165600.00 USD - $248400.00 USD
We believe in fairness and transparency. It's why we share the salary range for most of our roles. However final salaries are based on a number of factors including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California New York City or other eligible location geographic specific pay structures compensation and benefits could be applicable click here to learn more.
Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas seek challenges assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Skills
KPIs & Metrics (NM) - Expert Risk Management (NM) - Expert Data Collection & Analysis (NM) - Expert Business Acumen (NM) - Expert Technical Problem Solving (NM) - Intermediate Technical & Digital Acumen (NM) - Intermediate Key Risk Indicators & Metrics (NM) - Expert Project Management (NM) - Advanced Cross Functional Partnering & Planning (NM) - Expert Storytelling through Data (NM) - Intermediate Policy & Procedure (NM) - Expert Enterprise Risk Management (ERM) (NM) - Expert Risk Assessment & Identification (NM) - Expert Risk Consulting (NM) - Expert Thought Leadership (NM) - Expert Facilitation (NM) - Expert Accountability (NM) - Advanced Control Analysis (NM) - Expert Documentation (NM) - Expert Adaptive Communication (NM) - Advanced Continuous Improvement (NM) - Expert Decision Making (NM) - Expert Business Influence (NM) - Advanced Attention to Detail (NM) - Expert Organizational & Political Savvy (NM) - Expert Industry Knowledge (NM) - Expert
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks benefits and our commitment to a culture of belonging.
  • Flexible work schedules
  • Concierge service
  • Comprehensive benefits
  • Employee resource groups

Skills Required

  • Bachelor's degree in risk management finance business or related field
  • 10 years of progressive experience
  • 5 years leadership experience with exposure to senior management
  • 3 years of risk management experience
  • Strong leadership and decision-making skills

What the Team is Saying

Chris
Chester

Northwestern Mutual Compensation & Benefits Highlights

  • Retirement SupportA dual 401(k) plus cash balance pension provides company-funded credits with a guaranteed minimum interest credit and vesting (one year for the 401(k) and three years for the cash balance). Plan design in 2025–2026 emphasized employer funding via an added cash‑balance credit and a 4% company 401(k) contribution option.
  • Healthcare StrengthMedical dental and vision coverage are complemented by on‑site Mutual Health Centers (WI/NY) and nationwide virtual primary care. Lyra mental‑health services and on‑site fitness centers or reimbursements extend well‑being support.
  • Parental & Family SupportFully paid parental leave caregiving leave and fertility surrogacy and adoption assistance are provided. These sit alongside paid vacation/holidays and volunteer time to support families.

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The Company
HQ: Milwaukee WI
8400 Employees
Year Founded: 1857

What We Do

You’ll Like It Here At Northwestern Mutual we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years. Here you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs. We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://careers.northwesternmutual.com/

Why Work With Us

We invest in our people. We know careers are about choices so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company our focus is our people — whether professional development or investments in the community. 

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Northwestern Mutual Teams

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About our Teams

Northwestern Mutual Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We offer a flexible hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.

Typical time on-site: Flexible
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HQMilwaukee WI
Company Office Image
New York NY
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Date Posted

05/14/2026

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