Senior Director, Enterprise Risk Governance & Strategy

Senior Director, Enterprise Risk Governance & Strategy Northwestern Mutual $144,000.00

• $216,000.

00 United States, Wisconsin, Milwaukee 720 E Wisconsin Ave (Show on map) May 12, 2026 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:

  $144,000.00 Pay Range

•

End:

$216,000.00

Geographic Specific Pay Structure:

Structure 110: $158,400.00 USD

• $237,600.00 USD Structure 115: $165,600.00 USD
• $248,400.

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, 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