Director, Enterprise Risk Management

Date:  Jan 2, 2025
Req ID:  4196
Location: 

Somerset, NJ, US, 08873

Company:  Terumo Americas Holding, Inc.
Department:  TAH Legal

Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.

We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.

At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.

Join us and help shape wherever we go next!

Advancing healthcare with heart

 

 

 

 

Job Summary

Director, Enterprise Risk Management will play a critical role in driving a proactive and coordinated approach to risk management, helping the organization’s long-term growth by assessing and prioritizing risks and aligning policies and programs to mitigate risks that may impact the enterprises’ ability to achieve strategic objectives. The incumbent will develop and implement risk management and business continuity strategies and programs, policies, and processes to ensure the safety of associates and assets. Will be responsible for the leadership, innovation, governance, and management necessary to help identify, evaluate, mitigate, and manage Terumo Americas’ operational and strategic risks. This will include accountability for Terumo Cardiovascular, Terumo Medical Corporation, Terumo Americas Holding, Terumo Latin America and global responsibility for Terumo Aortic, Terumo Blood and Cell Technologies and Terumo Neuro. This role influences and aligns stakeholders in identifying and mitigating risks throughout the organization to ensure processes and practices related to the enterprise risk management framework are consistent and scalable across the business, which, in partnership with internal audit, share be measured and assessed for effectiveness at least annually.

Job Details/Responsibilities

  • Facilitate means to identify and manage risks to the organization, its associates, stakeholders, assets, and operations and develop enterprise risk management strategies, objectives and policies that will establish the framework, tools and procedures to achieve successful risk identification and management within best practice standards.
  • Responsible for implementation and oversight of ERM System for risk assessments and risk identification for internal audit purposes.   
  • Strengthen and promote risk management culture and act as a change agent encouraging an environment that employs accountability, collaboration and trust while fostering teamwork and execution. 
  • Establish, communicate and execute risk management and business continuity methodology, processes, risk appetite and risk culture. Engage and develop effective working relationships to support cooperative responses to risk management matters and issues. 
  • Provide guidance and training to promote risk control and business continuity awareness, ownership, and accountability.
  • Develop solutions to drive risk management programs and oversee and monitor the operational risk management activities of the organization. 
  • Continually monitor, assess, and communicate emerging risks throughout the organization to evaluate the impact of potential new risks.
  • Manage regional risk management policies and program implementation, facilitating collaboration across other regions.
  • Assist in development and execution of business continuity drills and annual risk mitigation plans.
  • In collaboration with internal audit function, develop audit plans and methodologies to track and measure effectiveness of enterprise risk management processes and annual mitigation plans. 
  • Perform other job-related duties as assigned.
     

Knowledge, Skills and Abilities (KSA)

  • Proven leadership and teamwork skills with demonstrated abilities both to work collaboratively and to influence at all levels of the organization. 
  • Highly effective written and verbal communications skills, able to present complex issues simply and to reach audiences with different perspectives.
  • Excellent problem-solving techniques and quantitative, analytical skills.
  • Confidence navigating a complex and highly matrixed team environment.
  • Ability to adapt to changing priorities and effectively plan and execute multiple projects at once, meeting established deadlines, within budget and achieving project objective.
  • Collaborative, innovative, resourceful, results oriented, with appropriate judgment. 
  • Critical thinker with strong project management skills. 

Qualifications/ Background Experiences

  • Bachelor's Degree and a minimum of 10+ years of Enterprise Risk Management or related experience required, preferably in medical device; or equivalent combination of education, training and experience.  
  • At least 3 years in a leadership role with people management responsibilities required. 
  • Experience implementing Enterprise Risk Management or systemic programs in a large, complex organization required. 
  • Must have knowledge of Enterprise Risk Management theory, frameworks and their application.
  •   Experience in supervising and conducting internal audits preferred.

It is Terumo’s policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As a Company, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment.

We provide competitive and comprehensive benefit options that allow you to design your own plan based on your individual needs which include: paid vacation, paid holidays, health, dental and vision benefits, 401(k), with matching contributions, tax advantage savings accounts, legal plan, voluntary life and AD&D insurance, voluntary long-term disability, short term disability, critical illness and accident insurance, parental leave, personal leave, tuition reimbursement, travel assistance, and an employee assistance program.

 


Nearest Major Market: New Jersey