Position Summary...
What you'll do...
The Senior Lead Counsel - Group Director for Global Risk Management is a critical leadership role in Regulatory and Specialty Legal and has primary responsibility for directing the activities for Enterprise Risk Management (ERM) - responsible for managing enterprise-wide risks, developing executive risk reports, and monitoring risk mitigation; Global Regulatory Risk Assessment team (GRRA) - responsible for assessing and developing plans for mitigating Walmart's regulatory risk; and Regulatory Change Management (RCM) - responsible for designing monitoring processes to identify, track, and communicate new Federal, State and local legal and regulatory obligations and their impact to Walmart.
The Senior Lead Counsel - Group Director, together with senior leaders and key stakeholders, helps drive a consistent approach to assessing risks, addressing the root causes of key risks and proposes action plans designed to mitigate root causes driving the risks. This role includes overseeing Enterprise Risk Management risk scoring evaluations to determine prioritization and impacts of risk relevant to strategic initiatives, market/business unit regulatory risk assessments, and analysis of new laws and regulations impacting Walmart and managing integration of new obligations with compliance partners. Responsibilities also include executing the strategic direction for the organization's risk management strategy, ensuring a consistent approach to effective risk identification, assessment, and management across the enterprise.
Job Summary:
- Developing and driving enterprise risk assessment strategy.
- Working in partnership with leadership on identifying new and emerging operational, financial, reputational and legal / regulatory risks impacting Walmart's global operations.
- Day-to-day responsibility for leading the global risk management team, including performance discussions, evaluations, and ensuring individual accountability for GRRA team results.
- Developing processes, standards, and operating procedures for conducting enterprise risk management, including legal and regulatory risk assessments and regulatory change management practices, developing department resources for program level risk assessment and risk management activities.
- Partnering closely with line two risk functions and Internal Audit on the company's approach to risk assessment and mitigation.
- Timely delivery of a data-informed enterprise risk assessment report for Board Meeting/Audit Committee/Governance Risk Committee Review.
- Exploring opportunities to enhance the risk management team's ways of working, including department tools, educational resources, and data streams that may inform the global risk assessment process.
- Engaging consultants, as necessary, on corporate enterprise risk assessment and management best practices.
What you'll bring:- Drafting and assembling comprehensive risk assessment reports - The outputs of every market risk assessment are documented. Working with the rest of the team, the SLC position is responsible for ensuring that the risk assessment reports are well-drafted and completed on time.
- Leveraging data, metrics, and analytics - Our risk assessment process is data driven and relies on a number of data sources. The SLC will be responsible for continuing to evolve and improve how we use data to assess risk. This will include developing risk-relevant analytics, acquiring new data sets, and analyzing E&C program metrics.
- Forging strong partnerships - The risk assessment process involves stakeholders across the business, corporate functions, and global governance. An effective and efficiently executed risk assessment will require development of a strong and broad network.
- Operating with excellence - The risk assessment team leader/Sr. Lead Counsel should expect and drive excellence in every aspect of the process, from identification of relevant regulatory changes to partnering across the enterprise to identify and mitigate enterprise risks.
- Quickly grasping the fundamentals enterprise strategy and how they relate to our risk management processes - A thorough risk management program requires a working knowledge of strategic goals and ascertaining how risk manifests and impacts the achievement of those goals.
- Designing search abilities to identify relevant regulatory changes - An effective regulatory change management process requires an understanding of legal and regulatory rule making processes and to operationalize and scale the review, analysis, and impact to the business of new laws and regulations. This includes an ability to effectively and concisely communicate the obligations to compliance stakeholders and a management process that tracks compliance program actions to effectuate new regulatory obligations.
The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.
Benefits & Perks: Beyond competitive pay, you can receive incentive awards for your performance. Other great perks include 401(k) match, stock purchase plan, paid maternity and parental leave, PTO, multiple health plans, and much more.
Equal Opportunity Employer Walmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.
Who We AreJoin Walmart and your work could help over 275 million global customers live better every week. Yes, we are the Fortune #1 company. But you'll quickly find we're a company who wants you to feel comfortable bringing your whole self to work. A career at Walmart is where the world's most complex challenges meet a kinder way of life. Our mission spreads far beyond the walls of our stores. Join us and you'll discover why we are a world leader in diversity and inclusion, sustainability, and community involvement. From day one, you'll be empowered and equipped to do the best work of your life. careers.walmart.com
At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.
For information about PTO, see https://one.walmart.com/notices .
Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart .
The annual salary range for this position is $195,000.00-$370,000.00
Additional compensation includes annual or quarterly performance bonuses.
Additional compensation for certain positions may also include:
- Stock
Minimum Qualifications... Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Law degree from an accredited law school and 7 years' experience in law.
License to practice law in at least one state.
4 years' experience leading cross-functional teams.
Preferred Qualifications... Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Primary Location... 702 Sw 8Th St, Bentonville, AR 72716, United States of America
