Another Source

Associate Director, Financial Risk Management

ID 10002
Job Locations
US
Category
Legal
Company
Stanford University

At a glance

The Stanford School of Medicine has an exciting leadership opportunity for an Associate Director of Financial Risk Management. In this remote role, you will help identify, evaluate, mitigate and monitor financial risk with a focus on fraud prevention and detection. Project management experience is highly encouraged! The Stanford SoM is a premier research-intensive medical school that improves health through leadership, diversity, and a collaborative approach. Don't miss out on this amazing opportunity to join their team! 

Description: What you'll be doing

Another Source’s client, Stanford University, is recruiting an Associate Director of Financial Risk Management to join their team within the School of Medicine.  This position has the opportunity to work remote while serving the Stanford community.

 

Here’s a little about Stanford University and the position they are recruiting for:

Stanford University School of Medicine, located in the heart of Silicon Valley, was founded in 1858 with a mission to be the premier research-intensive medical school that improves health through leadership, diversity, and a collaborative approach to discovery and innovation in patient care, education, and research.

 

The Stanford School of Medicine has an exciting leadership opportunity for an Associate Director of Financial Risk Management to strategize, develop and lead a school-wide program to identify, evaluate, mitigate and monitor financial risk with a focus on fraud prevention and detection.  This new role reports to the School of Medicine’s Controller in the Office of the Chief Financial Officer and will serve as the school’s expert in financial risk management and fraud prevention and detection.  Working with school leadership and university partners, the director will promote and establish systemic approaches to assess and manage financial risk factors, reduce opportunities for fraud and enable its timely detection. It is our intent the Associate Director of Financial Risk Management will hire staff upon development and alignment of the program’s strategic vision with School leadership.

 

YOUR RESPONSIBLIITES INCLUDE:

 

  • Coach, train and mentor leaders across the School to build a culture around financial risk management, as well as develop and deploy fraud prevention/mitigation strategies and policies. 
  • In conjunction with Stanford’s Internal Audit, Financial Management Services, Stanford Medicine & departments, identify vulnerabilities in processes that create opportunities for fraud.  Recommend school and university-wide controls and remediations to address the vulnerabilities.
  • Recommend, advise on and promote SU and school policies and organizational roles and structures that reduce financial risk and prevent fraud.
  • Identify and promote best practices, processes and tools that reduce and remediate vulnerabilities for internal and external fraud and other financial risks. 
  • Work with SoM leaders and SU partners to establish an appropriate balance between standardizing processes and controls and ensuring timely, efficient and responsive services.
  • Develop and implement data-driven systems and processes that detect financial risks within the SoM.   Analyze data and develop standard and ad hoc reports and analyses to identify potential financial and fraud risks, activities and trends. 
  • Explore and develop opportunities for Artificial Intelligence (AI) to recognize patterns associated with high-risk financial activities and fraud.
  • Research and stay abreast on financial risk management and fraud prevention best practices and standards, emerging fraud trends and relevant regulations.
  • Advocate on behalf of the SoM for changes in SU systems and policies that support financial risk management and fraud prevention and detection.
  • Strategize and oversee the communication of the fraud prevention and detection and other financial risk management strategies and processes to the SoM community.  Promote a culture that embraces appropriate financial risk and fraud prevention practices across the school.

 

KNOWELDGE, SKILLS AND ABILITIES YOU BRING:

 

Desired Qualifications:

  • Strong knowledge of business process improvement methodology; able to view and address business problems with a systems perspective
  • Excellent leadership, communication and presentation skills with the demonstrated ability to influence and motivate others including senior leadership
  • Ability to think strategically while attentive to details
  • Strong financial management and analysis skills
  • Strong knowledge of accounting and financial practices and systems
  • Internal audit or forensic accounting experience
  • Experience working in an academic environment.

 

Required Education and Experience:

  • Master's degree or equivalent such as, Certified Public Accountant or Certified Internal Auditor, and six years relevant experience or combination of education and relevant experience.

 

Required Qualifications: 

  • User knowledge of Microsoft Office Suite
  • Advanced knowledge of Oracle or other business financial systems
  • Advanced understanding of financial principles.
  • Advanced oral and written communication skills
  • Ability to clearly and effectively present information to internal and external audiences, client groups and all levels of management.
  • Strong analytical skills to review and analyze complex financial information.
  • Strong leadership and management skills with previous experience managing people, delegating workload and providing direction/corrections as necessary.
  • Demonstrated competency in project management of a high volume of work, some of which is cyclical.
  • Demonstrated success in performing meticulous, high quality and compliant work.
  • Ability to interpret complex research and fiscal policies, assimilate information from a wide range of resources and act like a mentor and resource to others.

 

Why Stanford is for you:  

 

Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with: 

 

  • Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak. 
  • A caring culture. We provide excellent retirement plans, generous time-off, and family care resources along with highly competitive health care benefits. 

 

Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

 

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

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