Director, Risk Management (Cambridge, MA)

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From Philips’s original posting

Job Title Director, Risk Management (Cambridge, MA) Job Description The Director, Risk Management is responsible for overseeing risks through comprehensive management strategies, analyzing market movements, managing team performance, negotiating insurance contracts, fostering a risk-aware culture and leading risk assessments to ensure organizational stability and compliance. The role manages financial risks by developing and implementing policies aligned with the company's risk appetite and providing strategic advice, in addition to analyzing financial market movements relative to the company’s risk profile to refine hedging strategies and enhance risk awareness. Your role: • Oversees risks and implements comprehensive risk management strategies, including hedging, policy adjustments, and proactive controls, to effectively mitigate financial uncertainties and ensure organizational stability. Manages financial risks by developing and implementing policies aligned with the company’s risk appetite, providing strategic advice on financial risk, and ensuring overall alignment with the organization's risk appetite and objectives. Analyzes financial market movements relative to the…