Walmart Inc.
Location
Bentonville, AR | United States
Job description
The Senior Lead Counsel for Global Regulatory Risk Assessment is a critical leadership role in Global Governance Strategy & Operations and has primary responsibility for directing the activities of the Global Regulatory Risk Assessment team (GRRA), the team responsible for assessing and developing plans for mitigating Walmart’s regulatory risk. The MCII is also responsible for providing advice and counsel to Corporate Strategy and other stakeholders, as necessary, on risk management activities at the enterprise level. The Sr. Lead Counsel actively partners with senior leaders across the business and global governance to mitigate legal and compliance regulatory risks by conducting market/business unit regulatory risk assessments and driving a consistent approach to assessing risk. Together with the stakeholders, the Sr. Lead Counsel identifies and discusses the root causes of key regulatory risks and proposes action plans designed to mitigate those root causes. The Sr. Lead Counsel will also help manage strategic goals for the GRRA team, including management of governance, standards & controls, and stakeholder engagement.
Job Summary:
Developing and driving governance’s risk assessment strategy.
Working in partnership with global governance leadership on identifying new and emerging legal and regulatory risks impacting Walmart’s global operations.
Day-to-day responsibility for leading the global regulatory risk assessment (GRRA) team, including performance discussions, evaluations, and ensuring individual accountability for GRRA team results.
Developing processes, standards, and operating procedures for conducting legal and regulatory risk assessments; developing department resources for program level risk assessment and risk management activities.
Partnering closely with ERM and Internal Audit on the company’s approach to risk assessment and mitigation.
Timely delivery of a data-informed risk assessment report for Board Meeting/Audit Committee/Governance Risk Committee Review.
Exploring opportunities to enhance GRRA’s 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 MCII 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 MCII 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 pre-assessment preparation all the way to final reporting.
Quickly grasping 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 ascertain how risk manifests in our various businesses.
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 Are
Join 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
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
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