Vice President, Risk Management

Consumer Safety Technology (CST) and our family of brands have helped millions of individuals to live and drive responsibly. We provide products and services to consumers and program monitoring authorities to effectively deter impaired driving and support individuals as they navigate the license restoration process. We are the largest provider of IIDs in the United States and the only company working to assist individuals in successfully navigating the often-daunting DUI process.
We partner with leading advocacy groups across the country to ensure that the laws and rules adopted in each state make roads and communities safe while reducing recidivism amongst drivers.
CST and its subsidiaries are privately held and based in Des Moines, Iowa with employees in over 40 states and Puerto Rico. We are committed to being a positive influence in our communities.
Job Summary:
We are seeking a highly qualified and experienced Vice President of Risk Management to join our organization. The successful candidate will be responsible for developing and implementing an effective risk management strategy to identify, assess, and mitigate risks across the organization. The VP of Risk Management will also provide strategic direction and leadership to the risk management team, ensuring that risks are managed in accordance with the company's risk appetite and regulatory requirements.
Duties & Responsibilities:
1. Develop and implement a comprehensive risk management strategy that aligns with the company's objectives and risk appetite. ·
2. Lead the risk management team in identifying, assessing, and mitigating risks across the organization.
3. Evaluate and assess the effectiveness of existing risk management processes, tools, and methodologies, and recommend improvements where necessary. ·
4. Develop and maintain risk policies and procedures in accordance with regulatory requirements and industry best practices. ·
5. Collaborate with business leaders and other stakeholders to ensure that risk management processes are embedded in business processes and decision-making.
6. Provide guidance and support to the risk management team in the development and implementation of risk assessments and risk mitigation plans. ·
7. Provide regular reports to senior management and the board of directors on the company's risk profile, risk management activities, and emerging risks.
8. Stay up-to-date with emerging risks and trends in the industry and incorporate them into the company's risk management strategy and processes.
9. Foster a risk-aware culture across the organization through training, communication, and awareness-raising activities.
Job Requirements:
1. Bachelor's degree in business, finance, or a related field. Master's degree preferred. ·
2. 10+ years of experience in risk management, preferably in a leadership role. ·
3. Strong understanding of risk management frameworks and methodologies.
4. Knowledge of regulatory requirements related to risk management in the financial services industry. ·
5. Excellent analytical and problem-solving skills.
6. Strong leadership, communication, and collaboration skills.
7. Ability to work independently and lead a team.
8. Experience in managing and mitigating risks related to technology and cybersecurity is a plus.
Compensation: $200k - $250k + annual incentive + long term incentive
It is and will continue to be the policy of Consumer Safety Technology LLC to practice a program of equal employment opportunity designed to assure that employment and advancement opportunities are made available to all employees and applicants on the basis of individual qualifications and regardless of race, color, creed, religion, national origin, sex, sexual orientation, disability, age, marital status, genetic information, gender identity, or their status with regard to public assistance.