Chief Risk and Compliance Officer

Coral Gables, Florida
Jun 15, 2017
Institution Type
Four-Year Institution
The University of Miami is considered among the top tier institutions of higher education in the U.S. for its academic excellence, superior medical care, and cutting-edge research. At the U, we are committed to attracting a talented workforce to support our common purpose of transforming lives through teaching, research, and service. Through our values of Diversity, Integrity, Responsibility, Excellence, Compassion, Creativity and Teamwork (DIRECCT) we strive to create an environment where everyone contributes in making UM a great place to work. We are one of the largest private employers in Miami-Dade County; home to more than 13,400 faculty and staff from all over the world.

TO APPLY FOR THIS POSITION- Please send your resume via email to

The University of Miami’s Chief Risk and Compliance Officer (CRCO) provides leadership, direction, oversight and policy development for two interrelated University of Miami programs: the enterprise risk management (ERM) program and the compliance and ethics program now known as “The University of Miami Compliance and Accountability Program” (CAP). In particular, the CRCO is responsible for the further development and integration of these programs consistent with the evolving needs of the University. Also, the CRCO has supervisory responsibility for the office known as University Compliance Services.

Key Relationships:
Reports to:
Executive Vice President for Business and Finance and Chief Operating Officer (COO)

Direct reports:
Executive Director, University Compliance Services
Director, Compliance and Title IX Coordinator
Assistant Director, Educational Initiatives
Senior Administrative Assistant

Other key relationships:
University Leadership
Board of Trustees
Chief Audit Executive
Functional Compliance Managers and Leaders (Medical, Athletics, Research)

Key Responsibilities:
Risk Management
• Oversee the ERM framework of the University with a focus on high-level institutional risks, while recognizing the local risk perspective and escalating critical risk intelligence to the executive leadership;
• Establish and maintain a governance framework that clearly identifies risk owners (individuals or groups), defines their responsibilities, and assigns their accountabilities;
• Drive the performance of key ERM program functions, including risk identification, assessment, prioritization, mitigation, and monitoring, in collaboration with designated risk owners;
• Institute a process for continuous assessment and evaluation of the ERM program utilizing defined metrics;
• Ensure that risk management activities are based on best practices as identified by COSO, ACUA, NACUBO, and other relevant organizations;
• Chair and/or facilitate the meetings of the Executive Risk Management Committee/Executive Compliance Committee and report on ERM program activities to University leadership;
• Report on ERM program activities to the Board of Trustees via its Audit and Compliance Committee; and
• Maintain an effective risk management communications program throughout the University.

Compliance and Ethics Management
• Further develop the CAP in a manner that effectively integrates this program into the ERM framework;
• Supervise the operations of University Compliance Services;
• Coordinate and provide general oversight for efforts throughout the University to ensure compliance with state and federal laws, rules and regulations, requirements of applicable governing bodies, binding commitments to third parties, and internal policies and procedures;
• Provide guidance such that the University maintains the highest levels of integrity in its daily operations as it pursues its overall mission by promoting an organizational culture of integrity and ethical decision-making, practices, and behavior;
• Ensure that compliance activities are based on best practices for effective compliance and ethics programs consistent with guidance provided by the Federal Sentencing Guidelines for Organizations and other applicable standards;
• Chair the Compliance and Risk Managers Council;
• Report on compliance program activities to University leadership and the Board of Trustees via its Audit and Compliance Committee;
• In collaboration with the Chief Audit Executive, administer the “CaneWatch” hotline facility consistent with best practices and in a manner to ensure appropriate resolution of issues raised in submitted reports;
• Provide direct supervisory oversight for management of compliance with Title IX, the Clery Act and with requirements and best practices for the protection of students on University campuses and in connection with University related activities; and
• Maintain an effective compliance communications program for the University.

Candidate Profile

The CRCO should be a creative, problem-solving professional with exceptional interpersonal and leadership skills and the ability to influence and work collaboratively within the UM community, an open and transparent communicator possessing both strategic and day-to-day knowledge of enterprise risk management theory and practice (especially associated with an academic research university environment), and the personal integrity to drive an effective compliance and ethics program.

Ideal Experience
Risk Management, Compliance or Related Field
• 10+ years of management experience in risk, compliance, or related field with the experience of designing and implementing comprehensive programs demonstrating a strong understanding of risk management philosophy, processes and practices.

Statutory Knowledge
• Knowledge of federal and state laws, rules, and regulations that affect a multi-faceted institution of higher education (or similar).

Higher Education/Healthcare Background
• 10+ years of experience in an institution of higher education with high research activity and/or in healthcare compliance.

Education and Certifications
• Bachelor’s degree required; master’s degree preferred; Juris Doctor highly preferred. Designation as a Compliance and Ethics Professional (CCEP), Certified in Healthcare Compliance (CHC), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and/or Certification in Enterprise Risk Management (ERM) is additive.

Please send your resume via email to

The University of Miami is home to some of the brightest minds in the world. We are committed to educating and nurturing students, creating knowledge, and providing service to our community and beyond. The University of Miami offers competitive salaries and a comprehensive benefits package including medical and dental benefits, tuition remission, vacation, paid holidays and much more. The University of Miami is an Equal Opportunity/Affirmative Action Employer. Come join us!