Director of Enterprise Risk

...

Plainville, CT

Loureiro

<p><strong>Loureiro employees are more than just co-workers; they&rsquo;re partners in the success of our business. Our culture is defined by a shared sense of responsibility toward common goals and a dedication and passion for serving our clients. Everyone contributes through their creativity, imagination, and experience, collaborating to blend each of our unique backgrounds and talents into extraordinary outcomes. Our performance-driven employees truly comprise one of the most outstanding teams of professionals in the industry today.</strong></p> <p><strong>Loureiro prides itself on being a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP). This ownership structure is designed to reward all employee-owners and inspire every individual to maintain a high level of commitment to both job quality and service longevity. Employee-owners are deeply motivated to work toward elevating Loureiro&rsquo;s performance and its value for our customers.</strong></p> https://www.loureiro.com/

keywords: position summary,position details,health & wellness benefits,financial benefits,work/life balance,enterprise risk management,contractual risk and commercial controls,subcontractor and third-party risk,procurement and insurance governance,development of the enterprise risk function,compliance,performance,proficiency,education & experience,skills,physical requirements

Full Time

Overview: Loureiro Engineering Associates is seeking a Director of Enterprise Risk to join our team. The Director of Enterprise Risk is responsible for developing and strengthening the systems, standards, controls, and management disciplines through which Loureiro identifies, evaluates, manages, and monitors enterprise risk. This role requires strong commercial judgment developed through direct exposure to project risk, combined with the ability to translate that judgment into practical, scalable controls that strengthen decision-making and protect the business.<br /><br /> <p><strong>Health &amp; Wellness Benefits:</strong></p> <ul> <li>Comprehensive group medical plan</li> <li>Dental insurance</li> <li>Prescription drug coverage</li> <li>Accidental death &amp; dismemberment (AD&amp;D) coverage</li> <li>Long/short term disability insurance</li> <li>Health and dependent care flexible spending account</li> <li>Onsite Fitness Center</li> </ul> <p><strong>Financial Benefits:</strong></p> <ul> <li>401k Plan</li> <li>Group term life insurance</li> <li>Supplemental life insurance</li> <li>HSA employer funding</li> <li>Employee Stock Ownership Plan (ESOP)</li> </ul> <p><strong>Work/Life Balance:</strong></p> <ul> <li>Paid time off</li> <li>Workplace flexibility</li> <li>Tuition reimbursement</li> <li>Professional Registration</li> <li>Employee Assistance program</li> </ul>
Responsibilities: <h4><strong>Enterprise Risk Management<br /><br /></strong></h4> <ul> <li>Develop and continually improve enterprise-wide standards, controls, approval thresholds, delegated authorities, and exception processes for identifying, evaluating, managing, and monitoring material business risks.</li> <li>Partner with executive and operating leaders to ensure material risks are understood, evaluated at the appropriate level, and escalated when outside established standards or authority.</li> <li>Monitor risk and compliance trends, recurring exceptions, and emerging exposures and provide leadership with appropriate visibility into the Company's risk profile.</li> </ul> <br /> <h4><strong>Subcontractor and Third-Party Risk<br /><br /></strong></h4> <ul> <li>Establish and maintain enterprise standards for subcontractor and third-party qualification, approval, monitoring, and compliance, including ownership and oversight of the subcontractor management system.</li> <li>Establish qualification requirements addressing safety, insurance, financial capacity, licensing, and other appropriate risk considerations, including processes for reviewing and approving exceptions.</li> <li>Partner with operating teams to ensure subcontractor and vendor risks are appropriately evaluated before commitments are made, while operating leaders retain responsibility for selection, buyout, and performance.</li> </ul> <br /> <h4><strong>Contractual Risk and Commercial Controls<br /><br /></strong></h4> <ul> <li>Establish and maintain standards and processes for reviewing client, subcontractor, vendor, purchase order, and other commercial commitments.</li> <li>Review contractual and commercial risks within delegated authority and ensure material or unusual risks are appropriately identified, documented, and escalated.</li> <li>Coordinate with operating leaders, administrative leaders, insurance advisors, outside legal counsel, and other resources as appropriate to support informed commercial decisions.</li> </ul> <br /> <h4><strong>Procurement and Insurance Governance<br /><br /></strong></h4> <ul> <li>Establish and monitor controls governing procurement and buyout, including competitive bidding, authorization thresholds, documentation requirements, sole-source procurement, and other exceptions.</li> <li>Establish and maintain subcontractor and vendor insurance requirements and oversee certificate of insurance compliance, deficiencies, and exceptions.</li> <li>Partner with operating leadership and administrative leadership to continually improve procurement and risk-transfer controls, while operating leaders retain responsibility for purchasing, subcontractor selection, and project execution.</li> </ul> <br /> <h4><strong>Development of the Enterprise Risk Function<br /><br /></strong></h4> <ul> <li>Develop the systems, processes, reporting, and organizational capabilities necessary to support the evolution of a comprehensive enterprise risk-management function.</li> <li>Expand the function over time, as appropriate, to encompass claims, insurance and bonding, major project risk, procurement risk, acquisition and joint-venture risk, and other material enterprise risks.</li> <li>Promote an enterprise risk-management culture that creates transparency, supports informed risk-taking, strengthens accountability, and enables effective execution.</li> </ul>
Requirements: <ul> <li>A business-minded professional with strong commercial judgment developed through direct experience managing contractual, financial, and operational risks in a project-based business.</li> <li>A practical problem-solver who can translate real-world project risk experience into effective systems, standards, and controls without unnecessarily impeding operations.</li> <li>An influential collaborator who can work with and appropriately challenge leaders at all levels of the organization.</li> <li>A strong communicator and negotiator with excellent analytical and problem-solving skills.</li> <li>A professional of high integrity, sound judgment, and credibility who can build trust across the organization.</li> </ul> <br /> <p><strong>What You Bring<br /><br /></strong></p> <ul> <li>Bachelor's degree in business, construction management, engineering, finance, risk management, law, or a related field.</li> <li>Minimum of 10 years of relevant experience in commercial management, contracts, risk management, procurement, insurance, subcontractor management, or related disciplines.</li> <li>Demonstrated ability to identify, evaluate, and manage material commercial and project risks, and translate that experience into practical controls, processes, and organizational standards.</li> <li>Experience within engineering, construction, environmental services, industrial services, or another project-based business preferred.</li> <li>Demonstrated experience managing contractual, commercial, subcontractor, procurement, or insurance-related risk.</li> </ul> <br /> <p><strong>Physical Requirements<br /><br /></strong></p> <ul> <li>Sit for prolonged periods at a desk and work on a computer.</li> <li>Lift up to 15 lbs.</li> <li>Operate standard office equipment and keyboards.</li> <li>Push, pull, and place materials on level surfaces and in overhead cabinets.</li> </ul> <br /> <p><strong>Why Loureiro?<br /><br /></strong></p> <p>At Loureiro, you won't just work for the company. You'll own a part of it. As a 100% employee-owned company, our Employee Stock Ownership Plan (ESOP) gives you a company-funded ownership stake that grows over time, so when we succeed, you share in the rewards.</p> <ul> <li><strong>Employee Ownership, Real Impact:</strong> Through our ESOP, you gain a meaningful financial stake in the company's success.</li> <li><strong>Diverse Expertise:</strong> Partner with teams across engineering, environmental, construction, and EH&amp;S disciplines.</li> <li><strong>Opportunity to Advance:</strong> We provide hands-on learning, coaching, and clear career paths.</li> <li><strong>People-First Culture:</strong> Join a respectful, team-oriented environment where your contributions matter.</li> <li><strong>Exceptional Benefits:</strong> Comprehensive health, financial, and wellness benefits that support you in and out of work.</li> </ul> <br /> <p>We are committed to delivering high-quality engineering, environmental, and construction solutions that make a lasting impact, and we take pride in fostering an empowering, collaborative workplace. If you're ready to take ownership of meaningful work and grow your career in a supportive environment, we'd love to hear from you!</p> <p>Loureiro Engineering Associates, Inc. (Loureiro) is an employee-owned (ESOP), full-service multidisciplinary consulting firm with operations in Connecticut, Massachusetts, Rhode Island, New Hampshire, North Carolina, and Missouri. Loureiro's areas of expertise include the integration of the highest-quality engineering, construction, environmental health and safety, energy, laboratory analytical, landscape architecture, and waste management services.</p>