Associate Director, Audit – Enterprise Risk Management

Job Description

Here at Kraft Heinz, we grow our people to grow our business, because we believe that great people make great companies. When you join our table, you can expect access to an array of holistic wellness benefits* and perks, including medical, dental and vision coverage, 7% 401(k) matching, Business Resource Groups (BRGs) to help foster diversity, inclusion, and belonging for all employees, an industry-leading total rewards package that emphasizes a high discretionary bonus.  *Benefits begin 30 days after hire for hourly employees, and immediately upon hire for salaried employees.    Get a peek into life here at Kraft Heinz through our Instagram and TikTok channels!

Associate Director, ERM at a Glance….

The Enterprise Risk Management (ERM) Associate Director at Kraft Heinz is responsible for ensuring the company identifies, assesses, and effectively manages the full spectrum of risks that could impact its ability to achieve strategic objectives. This position exists to safeguard the organization’s assets, reputation, and operational continuity by establishing and maintaining a robust risk management framework. The ERM Associate Director plays a critical role in supporting informed decision-making by senior leadership, fostering a culture of risk awareness, and ensuring compliance with regulatory requirements. Ultimately, the position ensures that Kraft Heinz is resilient, agile, and prepared to navigate both current and emerging risks in a complex, global business environment.

The Enterprise Risk Management (ERM) Director at Kraft Heinz is a strategic leadership role responsible for the development, implementation, and oversight of the company's risk management framework. This person will identify, assess, and mitigate risks that could impact the company’s operations, reputation, and financial stability.  The ERM Director will work closely with senior executives, including the C-Suite and the Board of Directors, to ensure that all potential risks are identified, assessed, managed, and mitigated in alignment with the company’s strategic objectives. The role requires a strong understanding of the food and beverage industry, global supply chain complexities, regulatory requirements, and financial risk management. This position reports to the Global Head of Internal Audit.

What’s on the menu?

• Risk Strategy Development:
  • Design and implement an enterprise-wide risk management strategy aligned with Kraft Heinz’s business objectives.
  • Develop risk management policies, procedures, and guidelines tailored to the unique needs of the food and beverage industry.
• Risk Identification and Assessment:
  • Conduct regular risk assessments to identify potential threats to the organization, including supply chain disruptions, food safety concerns, regulatory changes, and market volatility.
  • Evaluate the magnitude and potential impact of identified risks, specifically focusing on the food industry context.
  • Develop and maintain a risk register.
• Risk Mitigation and Control:
  • Collaborate with departments to design and implement effective risk mitigation plans, particularly in areas such as food safety, quality control, and supply chain management.
  • Monitor the effectiveness of risk mitigation measures and recommend improvements.
  • Develop business continuity and disaster recovery plans relevant to the food and beverage sector.
• Compliance and Reporting:
  • Ensure compliance with relevant laws, regulations, and industry standards.
  • Prepare and present regular risk management reports to senior management and the Board of Directors.
  • Oversee internal audits and investigations related to risk management.
• Reporting and Communication:
  • Prepare and present regular risk reports to senior management and the Board of Directors.
  • Communicate complex risk concepts and findings in a clear and concise manner to stakeholders at all levels.
  • Facilitate risk discussions and workshops with senior leadership to enhance the risk-aware culture.
• Training and Awareness:
  • Develop and conduct risk management training programs for employees at all levels, emphasizing food safety and regulatory compliance.
  • Foster a risk-aware culture within the organization through ongoing communication and education.
• Stakeholder Management:
  • Act as the primary point of contact for risk management matters with external stakeholders, including regulators, insurers, and auditors.
  • Build and maintain strong relationships with key internal and external stakeholders.

• Leadership and Collaboration:
  • Collaborate with cross-functional teams, including Legal, Finance, Operations, and IT, to embed risk management practices into business processes.
  • Drive a culture of risk awareness and proactive risk management throughout the organization.

Recipe for Success – apply now if this sounds like you!

• Bachelor’s degree in Risk Management, Business Administration, Finance, or a related field. A master’s degree or relevant certification (e.g., CRM, ARM, FRM) is preferred
• Minimum of 10 years of experience in risk management, preferably within the food or consumer goods industry
• Proven track record of developing and implementing successful risk management strategies
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to influence and collaborate with senior management and other stakeholders
• Strong organizational and project management skills
• Proficiency in risk management software and tools
• In-depth understanding of food safety regulations and standards
• Ability to travel as needed

Additional Skills and Abilities

Functional Skills

Risk Assessment and Management:

• Expertise in identifying, assessing, and managing various types of risks, including operational, financial, strategic, compliance, and reputational risks
• Ability to develop and implement risk management frameworks and policies

Strategic Thinking:

• Ability to align risk management strategies with the company's overall business objectives
• Strong understanding of business operations and strategic planning processes

Leadership and Team Management:

• Proven experience in leading and developing high-performing teams  
• Ability to influence and engage stakeholders at all levels, including senior executives and the Board of Directors

Communication and Presentation:

• Strong written and verbal communication skills, with the ability to convey complex risk concepts in a clear and concise manner
• Experience in preparing and delivering risk reports and presentations to senior leadership

Crisis Management and Business Continuity:

• Skills in developing and implementing crisis management and business continuity plans
• Ability to lead response efforts during crisis situations effectively

Compliance and Regulatory Knowledge:

• Familiarity with industry regulations, particularly in the food and beverage sector, and the ability to ensure compliance
• Experience with regulatory audits and reporting

Analytical and Problem-Solving Skills:

• Strong analytical skills with the ability to assess complex risk scenarios and propose effective mitigation strategies
• Proficiency in scenario analysis and stress testing

Technical Skills

Risk Management Software and Tools:

• Proficiency with risk management software and tools (e.g., ERM platforms, risk assessment tools)
• Experience in using data analytics and modeling software for risk analysis and reporting

Financial Analysis:

• Strong understanding of financial principles and the ability to assess financial risks and impacts
• Experience with financial modeling and quantitative risk analysis

Data Analysis and Interpretation:

• Ability to analyze large datasets to identify risk patterns and trends
• Proficiency in data visualization tools (e.g., Power BI, Tableau) to present risk data effectively

Project Management:

• Skills in managing risk-related projects from inception through to completion
• Familiarity with project management tools and methodologies (e.g., Agile, Scrum)

Knowledge of Regulatory Frameworks:

• Understanding of global regulatory frameworks relevant to the food and beverage industry
• Ability to interpret and apply regulatory requirements to the company’s risk management processes

Cybersecurity and IT Risk Management:

• Awareness of cybersecurity risks and best practices for managing IT-related risks
• Experience in working with IT teams to mitigate technology and data risks

Location(s)

Chicago/Aon Center

Kraft Heinz is an Equal Opportunity Employer that prohibits discrimination or harassment of any type. All qualified applicants are considered for employment without regard to race, color, national origin, age, sex, sexual orientation, gender, gender identity or expression, disability status, protected veteran status, or any other characteristic protected by law. Applicants who require an accommodation to participate in the job application or hiring process should contact NAZTAOps@kraftheinz.com.