The Director for Global Regulatory Risk Assessment is a critical role in the Global Governance Regulatory & Specialty Legal organization. The role has primary responsibility for executing the activities of the Global Regulatory Risk Assessment (GRRA) team, the team responsible for assessing and developing plans for mitigating Walmart's regulatory risk. The Director actively partners with senior leaders across the business and global governance to mitigate legal and compliance regulatory risks by conducting governance and business unit regulatory risk assessments and driving a consistent approach to assessing risk. Together with the stakeholders, the Director identifies and discusses the root causes of key regulatory risks and proposes action plans designed to mitigate those root causes. The Director will also help manage strategic goals for the GRRA team, including management of governance, standards & controls, and stakeholder engagement.
The Director's roles and responsibilities include...
Helping to drive Global Governance's regulatory risk assessment strategy.
Using Legal or Compliance subject-matter experience to identify regulatory risks.
Using Business subject-matter experience and understanding to assess business initiative processes and plans against regulatory risks and creating actionable steps to reduce identified areas of risk
Drafting concise and effective, written work product for applicable teams and executive leadership and presenting findings to relevant stakeholders.
Effectively and timely synthesizing and distilling complex processes.
Exhibiting strong interpersonal skills and the ability to partner and influence partners within a matrixed organization.
Exhibiting data and risk analysis experience with the ability to drive engaging, thoughtful risk-oriented discussions in a collaborative manner.
Independently leading and executing one or more team projects.
Optimizing processes, standards, and operating procedures for conducting legal and regulatory risk assessments, which includes developing resources for program level risk assessment and risk management activities.
Exploring opportunities to enhance the GRRA's team's ways of working, including department tools, educational resources, and data streams that may inform the global risk assessment process.
What you'll do...
Quickly grasp the fundamentals of our governance programs and how they relate to our business processes - A thorough assessment process requires a working knowledge of each of those areas and being able to effectively ascertain how risk manifests in our various businesses.
Draft and assemble comprehensive risk assessment reports - The outputs of every risk assessment are documented. The Director position is responsible for ensuring that the risk assessment reports are well-drafted, accurate, and completed on time.
Leverage data, metrics, and analytics - Our risk assessment process is data driven and relies on a number of data sources. The Director will be responsible for continuing to evolve and improve how data is used to assess risk. This will include developing risk-relevant analytics, acquiring new data sets, and analyzing metrics (e.g., Business, Compliance, Ethics).
Forge 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.
Operate with excellence - The Director will help to drive excellence in every aspect of the process by possessing an understanding of the company's legal, regulatory, and operational requirements.
What you'll bring...
You can drive innovation in how we think about risk.
You have direct experience driving risk assessment processes.
You have subject-matter experience in internal audit, forensic accounting, legal, compliance, or investigations.
You can think on your feet.
You are strong when it comes to understanding and processing metrics and data.
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 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 a great compensation package, 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.
About Walmart
At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability-and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries-all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for
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 $110,000.00-$220,000.00 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.
Minimum Qualifications: Bachelor's degree in Business, Human Resources, or related field and 5 years' experience in compliance, ethics, legal, project management, or related area OR 7 years' experience in compliance, ethics, legal, project management, or related area. 3 years' supervisory experience. 4 years' experience using intermediate functionality of Microsoft Office.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Communications
Masters: Business Administration
Project Management - Project Management Professional - Certification
Primary Location...
702 Sw 8Th St, Bentonville, AR 72716, United States of America
About Walmart
At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability-and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries-all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?
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, abilities, ideas and opinions- while being inclusive of all people.
Hello, NW Arkansas
With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum-NWA has something for everyone.