Associate Vice President - Strategic and Emerging Risk Lead

At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We're looking for people who are determined to make life better for people around the world.

At Lilly, we serve an extraordinary purpose. We make a difference for people around the globe by discovering, developing and delivering medicines that help them live longer, healthier, more active lives. Not only do we deliver breakthrough medications, but you also can count on us to develop creative solutions to support communities through philanthropy and volunteerism.

What We're Looking For:

We are seeking a highly experienced, proven strategic risk leader who will report directly to the Associate Vice President, Assistant General Counsel - Integrated Risk Management. This position will play a critical role in executing the strategic direction and implementation of Integrated Risk Management (IRM) practices within our organization. This position will drive identification, analysis, mitigation oversight, and tracking of known and emerging risks through coordination with other risk functions and business leadership, ensuring proactive risk management and resilience across our global operations. Eli Lilly and Company's newly created IRM program will oversee our organization's readiness and resilience against known and emerging risks. This team will work in coordination with other risk functions and business leads to ensure proper business continuity and crisis readiness, and risk mitigations. The IRM program will be anchored in Governance, Risk and Compliance (GRC) technology platforms that will provide front end controls and leadership visibility into key risk indicators.

Key Responsibilities:

• Risk Analysis and Insights:
  • Leads the identification and analysis of strategic and emerging risks that could impact the organization.
  • Develops and delivers comprehensive risk assessments and reports to inform senior leadership and stakeholders.
  • Utilizes data analytics and qualitative assessments to generate actionable risk insights.
  • Collaborates with internal and external experts to enhance the understanding of complex risk landscapes.
  • Establishes and maintains a risk insights framework to ensure consistent and reliable risk evaluation.
  • Analyzes issues data, industry trends, and cross-functional risk data to identify outliers, trends, and potential emerging risks to escalate to IRM leadership.
• Mitigations, Monitoring, & Reporting:
  • Collaborates with risk functions in development and implementation of robust mitigation strategies and action plans for identified strategic and emerging risks.
  • Works with cross-functional teams to ensure alignment and integration of risk mitigation efforts across the organization.
  • Monitors and evaluates the effectiveness of risk mitigation plans, including reviews of key performance indicators, issues, and early warning signs.
  • Facilitates risk response workshops and training sessions to build organizational resilience.
  • Reports on the progress of mitigation efforts to senior leadership and recommends improvements.
  • Collaborates closely with IRM leadership to align risk register, mitigation strategies, and issues tracking, including for reports to executive leadership and Board of Directors.
• Horizon Scanning:
  • Leads horizon scanning initiatives to identify potential new and emerging risks on the global and industry level.
  • Establishes a structured approach to monitor external environments, trends, and disruptors that could impact the business, collaborating with risk liaisons on specific risk trends and insights identified through their functions.
  • Develops early warning indicators and risk scenarios to proactively address potential threats.
  • Engages with industry peers, regulatory bodies, and thought leaders to stay informed of emerging risk trends.
  • Integrates horizon scanning insights into strategic planning and decision-making processes.
  • Collaborates with IRM leadership to evaluate and select emerging risks for discussion topics among cross-functional leaders.

• Continuous Innovation:
  • Champions a forward-thinking mindset with a passion for driving innovation and continuous improvement in IRM, including the GRC platform and accompanying data analytics, visualizations, and reporting.
  • Embraces change through technological innovation and adoption.

Basic Qualifications:

• Bachelor's degree in Business, Law, Finance, Computer Science, Business Analytics, Risk Management, or a related risk field. Advanced degree preferred.
• 7+ years of experience leading complex, cross functional business or risk issues. Experience in Compliance, Strategy, Audit, Law, or other enterprise risk function preferred.
• Qualified applicants must be authorized to work in the United States on a full-time basis. Lilly will not provide support for or sponsor work authorization and/or visas for this role.

Additional Skills/Preferences:

• Vigilance: Uniquely cognizant of the evolving risk landscape and practical implications for our business. Strong understanding of industry trends and regulations and proper risk mitigations.
• Risk Analytics: Outstanding risk-based analytical skills with the ability to synthesize complex information and generate insights.
• Risk Assessment: Experience in strategic risk assessment and reporting within a large organization.
• Risk Mitigation: Proven experience in developing, executing, and monitoring risk mitigation strategies.
• Horizon Scanning: Expertise in horizon scanning techniques and trend analysis.
• Communication: Excellent verbal and written communication skills, including experience presenting to executive leadership as well as precise, thoughtful documentation skills, particularly with respect to complex risk statements and deliverables.
• Collaboration: Strong interpersonal and project management skills with the ability to lead and influence cross-functional teams.
• Agility: Ability to work effectively in a fast-paced and dynamic environment.
• Problem Solving: Excellent ability to identify, own, and efficiently resolve issues as they arise.
• Networking: Networking and relationship-building skills to engage with external risk experts and industry peers.
• Leadership: Ability to influence and drive change across the organization through strategic risk management initiatives.
• Global Perspective: Experience working in a global environment and managing enterprise-wide projects with demonstrated success.

Lilly is dedicated to helping individuals with disabilities to actively engage in the workforce, ensuring equal opportunities when vying for positions. If you require accommodation to submit a resume for a position at Lilly, please complete the accommodation request form (https://careers.lilly.com/us/en/workplace-accommodation) for further assistance. Please note this is for individuals to request an accommodation as part of the application process and any other correspondence will not receive a response.

Lilly is proud to be an EEO Employer and does not discriminate on the basis of age, race, color, religion, gender identity, sex, gender expression, sexual orientation, genetic information, ancestry, national origin, protected veteran status, disability, or any other legally protected status.

Our employee resource groups (ERGs) offer strong support networks for their members and are open to all employees. Our current groups include: Africa, Middle East, Central Asia Network, Black Employees at Lilly, Chinese Culture Network, Japanese International Leadership Network (JILN), Lilly India Network, Organization of Latinx at Lilly (OLA), PRIDE (LGBTQ+ Allies), Veterans Leadership Network (VLN), Women's Initiative for Leading at Lilly (WILL), enAble (for people with disabilities). Learn more about all of our groups.

Actual compensation will depend on a candidate's education, experience, skills, and geographic location. The anticipated wage for this position is
$222,000 - $325,600

Full-time equivalent employees also will be eligible for a company bonus (depending, in part, on company and individual performance). In addition, Lilly offers a comprehensive benefit program to eligible employees, including eligibility to participate in a company-sponsored 401(k); pension; vacation benefits; eligibility for medical, dental, vision and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; certain time off and leave of absence benefits; and well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities).Lilly reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion and Lilly's compensation practices and guidelines will apply regarding the details of any promotion or transfer of Lilly employees.

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