Institutional Compliance and Risk Management Officer - San Francisco Bay University

About San Francisco Bay University:

San Francisco Bay University (SFBU), a nonprofit, WASC-accredited, university situated in the heart of Silicon Valley in Fremont, California, seeks an innovative and experienced Institutional Compliance and Risk Management Officer.  SFBU’s mission is to offer inclusive, innovative, and inspirational education for lifelong careers and our vision is to set the standard as a national model of higher education in service of the common good.

At SFBU, students come first. We prioritize students’ needs by fostering personal engagement among students, faculty, and staff. We are committed to providing affordable quality education with a deep commitment to diversity, equity, inclusion, and social justice. Our professors are accomplished professionals who provide real-world experience in the classrooms to enhance the learning experience and prepare students for future careers. Our student body is reflective of the rich cultural diversity of the world, supported by a dynamic and inclusive learning environment. Moreover, our university captures the vibrancy of Silicon Valley. SFBU is in growth mode and we are looking to make a difference in our communities by enhancing access to affordable education for all students. We encourage you to learn more about SFBU by reviewing our strategic plan at https://www.sfbu.edu/strategic-plan.

Position Overview:

Reporting to the Chief Operating Officer (COO), the Institutional Compliance and Risk Management Officer (Officer) administers SFBU’s risk management programs.  The Officer leads enterprise risk management efforts for SFBU and will be responsible for developing risk management strategies, policies and procedures, and influencing risk owners in the integration of risk management processes into the University's business, academic and research activities to manage and mitigate SFBU’s operational risks.  This position serves as trusted advisor and consultant to university leaders on matters related to risk and insurance evaluation, policy development and ensuring the integrity of internal controls and business processes. Manage the University's insurance programs and provide support to in-house litigation matters. This is a full time, exempt position under the Fair Labor Standards Act (FLSA).

Essential Duties and Responsibilities:

• Develop and recommend policies and procedures which will support an overall University strategy to manage the cost of providing asset and income loss protection and risk financing.
• Conduct risk assessments, collecting and analyzing documentation, statistics, reports and market trends.
• Work with other operational departments on the administration of employee safety and risk programs campus wide, provide appropriate follow up to address issues which contribute to unsafe work practices or environments.
• Review and analyze metrics and data such as cash flow, inventory, breakage, and employee activity that could uncover fraudulent behavior.

• Recommend and implement risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures.
• Work with operational and academic departments on a continuous and proactive basis to develop and coordinate a university wide Business Continuity Plan (BCP) to maintain functional operations during or following disruptive events.
• Ensure and/or facilitate adequate communication concerning key risks.
• Serve as a point of contact and a collection point for University loss claims and expenses associated with man-made and natural disasters qualifying for state and/or federal cost recovery, including accident and injury reports associated with faculty, staff, students, and visitors.

• Maintain knowledge of existing and developing laws and regulations related to the organization’s industry; assess and explain how new requirements may affect the organization in terms of risk exposure.  Provide current trending reports to both university leaders and department heads. Provide recommendations and regular feedback to operational leaders on areas for improvement.
• Develop compliance training program that includes risk management training for the Board of Directors and staff.

• Some travel may be required.
• Perform other duties as directed.

Minimum Qualifications:

• Bachelor's degree in Risk Management, Finance, Business Administration or industry-related area
• Minimum 7 years of related professional experience in a risk management and insurance environment, managing budgets and participating in financial planning and analysis of insurance portfolios;

Preferred Qualifications:

• Master’s degree in a related field or J.D.
• 10 years of related professional experience in a risk management and insurance environment, managing budgets and participating in financial planning and analysis of insurance portfolios;

Knowledge, Skills and Abilities:

• Excellent verbal and written communication skills
• Strong mathematical and critical thinking skills
• Strong analytical and problem-solving skills
• Ability to use independent judgment and to manage and impart confidential information
• Knowledge of current emerging higher education-related legislation, issues and trends
• Demonstrated knowledge of federal and state regulations, local loss prevention and cost recovery regulations
• Demonstrated ability to interpret institutional policies, plans, objectives, rules and regulations and to communicate the interpretation to others;
• Knowledge and understanding of investigation, negotiation, mediation and complaint resolution process of high level, sensitive claims on behalf of an institution of higher education
• Demonstrated ability to advise senior management and governing board on enterprise-level compliance risks
• Excellent computer skills, including the ability to use spreadsheet and financial reporting applications
• Demonstrated ability to work with diverse groups/populations.
• Valid driver’s license.

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Physical demands include lifting, bending, sitting, driving

Salary Range: $100,000 - $130,000

Please submit a letter of interest which describes your experiences based on the stated responsibilities,  leadership approach, and your demonstrated commitment to diversity, equity, inclusion, and social justice. Also include a current CV/ resume and the names and contact information of 3 references. For full consideration please submit your completed application by April 26th, 2024. Ensure that the application requirements include “the names and contact information for three professional references” along with the resume and cover letter.

This position description is not intended to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee.  Duties, responsibilities and activities may change, or new ones may be assigned at any time, with or without notice.

SFBU is an Equal Opportunity / Affirmative Action Employer:  SFBU is committed to providing equal employment opportunities for all employees and applicants for employment.  SFBU does not discriminate in employment opportunities or practices based on race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation or any other characteristic protected by law.