Manager of Enterprise Risk Management

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway Markets®, Gourmet Garage® and DiBruno Bros.®and Morton Williams®banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best in class procurement practices.

About You

Your contribution:

The Manager of Enterprise Risk Management (ERM) leads the development, implementation, and ongoing improvement of the ERM framework. This role ensures enterprise risks are identified, assessed, mitigated, and monitored in line with strategic goals. The ERM Manager works closely with Member stakeholders, business units, senior leadership, and internal audit to foster a risk-aware culture and support informed decision-making. This position is based in Edison, NJ. The position will initially have one direct report.

What you will do:

• Lead the development and execution of an ERM framework aligned with organization strategy and goals.
• Conduct enterprise-wide risk assessments and maintain a dynamic risk register.
• Collaborate with business units to identify and prioritize key strategic, operational, and financial risks across all domains.
• Recommend mitigation strategies and internal controls, and coordinate enterprise-wide risk response efforts.
• Deliver executive-level risk reporting, including dashboards and heat maps, and present findings to the Risk Management Committee.
• Monitor risk exposures and trends, track mitigation efforts, and evaluate the effectiveness of controls and response strategies.
• Manage escalation procedures for timely and effective risk response across the enterprise
• Define risk appetite to guide decision-making and align with organizational strategy
• Establish and oversee governance protocols to ensure consistent risk management practices
• Align risk efforts with internal audit, compliance, and legal functions.
• Provide training and guidance on risk management and control practices and promote a strong risk-aware culture across the organization.
• Quantify risks using data, loss models, and scenario-based analysis to support strategic decision-making
• Leverage analytics and data-driven strategies to enhance risk assessment and response.

What we’re looking for:

• Bachelor’s in Risk Management, Finance, Business, or related field
• 7 years direct ERM experience; 3 years managerial or supervisory experience.
• Experience designing, implementing and leading ERM Frameworks, incl. COSO and ISO 31,000
• CRM, CRP, or similar certification preferred
• Insurance risk experience and software proficiency a plus
• Proven change leader with strategic thinking
• Clear and effective communicator with experience delivering presentations
• Strong interpersonal and communication skills
• Skilled in multitasking, problem-solving, and data analysis
• Motivated, detail-oriented, and confidential
• Effective trainer, mentor, and team influencer

How you will succeed:

Leadership Competencies

• Think Strategically: Create a compelling vision, develop a strategy and empower others to achieve it
• Influence Others: The ability to effectively collaborate, inspire, persuade and align others
• Drive Change: Create the vision and drive the momentum for change
• Talent Planning: Build organizational and associate capability to achieve business goals
• Take Accountability: Drive a culture of ownership throughout the organization
• Inclusive Leadership: Role model inclusive leadership to leverage diversity

Core Competencies

• Communicate Effectively: Communicates thoughts and ideas in a well-organized manner, encouraging two-way communication.
• Build Relationships: Creates cross-functional partnerships through the development and maintenance of constructive and cooperative relationships.
• Stay Competitive: Demonstrates a mindset of continuous improvement while exhibiting passion and enthusiasm for their work.
• Embrace Change: Looks for new ways of working by supporting advancements in processes and technology.
• Develop You: Identifies and capitalizes on opportunities for personal and professional career growth.
• Drive for Results: Supports divisional and strategic objectives through achievement of work goals.

Company Perks:

• Work a hybrid schedule (4 days on-site with the option of working 1 day remotely)
• Vibrant Food Centric Culture
• Comprehensive medical, dental and vision package
• Competitive Salary and Paid Time Off
• Fitness Reimbursement and Well-Being Program
• Corporate Training and Development University
• Paid Parental Leave
• 401K
• Matching Gifts and Community Volunteer Involvement

Compensation and Benefits

The salary range for this position is $140,000 - $170,000 annually.

Placement in the range depends on several factors, including experience, skills, education, geography, and budget considerations. Wakefern is proud to offer a comprehensive benefits package designed to support the health, well-being, and professional development of our Associates. Benefits include medical, dental, and vision coverage, life and disability insurance, a 401(k) retirement plan with company match & annual company contribution, paid time off, holidays, and parental leave. Associates also enjoy access to wellness and family support programs, fitness reimbursement, educational and training opportunities through our corporate university, and a collaborative, team-oriented work environment. Many of these benefits are fully or partially funded by the company, with some subject to eligibility requirements.