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The Executive Director of Enterprise Risk at LADWP will be responsible for leading the development, implementation, and management of the organization’s enterprise risk management (ERM) framework. This role involves identifying, assessing, and mitigating risks that could potentially impact the organization’s strategic objectives and operational success. The Executive Director will work closely with senior leadership and various departments to ensure a comprehensive and proactive approach to risk management.
DUTIES AND RESPONSIBILITIES:
Develop and implement enterprise risk management policies and procedures.
Developing and maintaining a comprehensive risk registry and process development framework to identify, assess, and mitigate risks.
Creating and refining strategic risk indicators, dashboards, and key performance indicators to monitor and review the enterprise risk framework.
Identify and assess potential risks that could affect LADWP’s strategic objectives.
Review and evaluate the organization’s risk appetite and tolerance levels.
Communicate risk policies and processes throughout the organization.
Conduct risk assessments and produce reports for the executive team.
Coordinate with other departments to identify, monitor, and manage risks.
Ensure the organization’s compliance with risk-related laws, regulations, and standards.
Provide training to staff about risk management principles and practices.
Lead and manage the risk management team.
Stay up-to-date with industry trends and changes in risk management practices.
QUALIFICATIONS:
Bachelor’s degree in risk management, business administration, or a related field.
A master’s degree or professional certification (e.g., CRM, FRM) is preferred
EXPERIENCE
Minimum of 10 years of experience in risk management, with at least 5 years in a leadership role.
KNOWLEDGE, SKILLS AND ABILITIES
Strong analytical skills and the ability to make data-driven decisions.
Excellent communication and interpersonal skills.
Proven ability to lead and manage a team.
In-depth knowledge of risk management principles, practices, and regulatory requirements.
Experience in the utility or public sector is a plus.
EXECUTIVE COMPENSATION AND BENEFITS
The current salary range is $285,116.40 to $354,229.20. A highly competitive benefits package includes benefits established by resolutions of the Board of Water and Power Commissioners, such as parking, a takehome vehicle, subsidized health and dental insurance, sick leave, vacation, two floating holidays, 13 paid holidays, an annual executive physical (must be taken while employed), life insurance, retirement, and disability/death benefits. Reimbursement of relocation expenses may be considered.
HOW TO APPLY
Electronic submissions are required. Interested candidates should immediately submit a resume, cover letter of interest, and four work-related references (include name, job title, affiliation, and telephone number) via email to JoinTheTeam@LADWP.com . References will not be contacted until mutual interest is established. All completed submissions will be acknowledged via email.
In order to be considered, resumes must include:
A description of the size and function of the organizations managed
Description of your role in the organization
At least one major professional accomplishment in which you played a key role
Any relevant experiences or unique characteristics which could further qualify you for this position.
Note: When emailing your application material the subject line should be “Executive Director of Enterprise Risk” The search may close on July 25, 2025 or when a sufficient candidate pool is achieved. Upon submission of the application documents, applicants may be asked to complete a supplemental questionnaire. Only the most qualified candidates will be invited to the next phase of the selection process, which is an interview. Questions and confidential inquiries may be referred to JoinTheTeam@LADWP.com .
*The position of Executive Director of Enterprise Risk is an exempt, at-will management position. The incumbent will not accrue any civil service tenure, contractual employment rights or due process rights. The Executive Director of Enterprise Risk is appointed by and serves at the pleasure of the Chief Executive Officer. The incumbent may be removed, without any finding of cause, by the Chief Executive Officer. Such removal would not be reviewable or appealable.
ABOUT LADWP AND THE CITY OF LOS ANGELES
LADWP MISSION STATEMENT
The Los Angeles Department of Water and Power exists to support the growth and vitality of the City of Los Angeles, its residents, businesses and the communities we serve, providing safe, reliable and cost-effective water and power in a customer-focused and environmentally responsible manner.
THE CITY OF LOS ANGELES
The City of Los Angeles is a world-class city with a vibrant, diverse economy, and an unparalleled quality of life. Los Angeles is the second largest city in the United States and has a multi-ethnic population of approximately 4 million. Los Angeles is one of the largest economies, financial entities, and trade centers in the country. It is a trend-setting global metropolis with a fascinating history and a rich cultural heritage. The city prides itself on its ethnic diversity with an estimated 200 languages spoken. As one of the world’s great cities, Los Angeles will host the 2028 Olympic and Paralympic Games as well as other international events
THE CITY ORGANIZATION
Los Angeles is a charter city, governed by the Mayor and the City Council. The City Council serves full time and has fifteen members that are elected by district. The other two elected officials of the City are the Controller and City Attorney. The City’s elected officials serve four-year terms. Volunteer Commissions consisting of prominent business and community leaders, appointed by the Mayor and confirmed by the City Council, oversee several City departments and bureaus.
The City has over 40 departments, bureaus, and offices for which funds are budgeted annually by the Mayor and City Council. In addition, the City has three proprietary (enterprise) Departments (the Departments of Water and Power, Harbor, and Airports), governed by Commissions, which are financed solely by revenue generated from their operations.
As part of a historic new era, Karen Bass began her first four-year term as 43rd Mayor of the City of Los Angeles on December 12, 2022 as the first woman and second African American to be elected as the city’s chief executive.
THE LOS ANGELES DEPARTMENT OF WATER AND POWER (LADWP)
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal water and power utility, with an 8,007 megawatt (MW) electric capacity and serving an average of 435 million gallons of water per day to the four million residents of the City of Los Angeles. For more than 100 years, LADWP has provided the city with reliable water and power service in a cost-effective and environmentally responsible manner, currently serving 681,000 water customers and 1.4 million electric customers. With a workforce of nearly 12,000 employees, LADWP is guided by the five-member Board of Water and Power Commissioners, appointed by the Mayor and confirmed by the City Council.
LADWP is creating a clean energy future for Los Angeles while maintaining a reliable and cost-effective power supply for customers. L.A.’s future energy supply has zero coal, expanded renewables, energy efficiency, and clean energy projects, and reduces fossil fuel emissions. LADWP is continuing to expand large-scale renewable energy resources, energy storage, and needed transmission capacity to bring clean energy into Los Angeles, while also building out small-scale distributed energy resources. L.A’s energy future is guided by the Power Strategic Long-Term Resource Plan (SLTRP), which has a 25-year planning horizon while transitioning to 100% carbon-free power by 2035 at the earliest. LADWP is also leading with equity during the clean energy transition. The groundbreaking Los Angeles100% Renewable Energy Study (LA100) provided the roadmap for delivering 100% clean, reliable and sustainable electricity to customers. The follow-up study, LA 100 Equity Strategies, showed how LADWP can achieve our clean energy goals to benefit all and leave no community behind.
LADWP continues to be a national and global leader in innovative water management by focusing on three key areas: the safety of drinking water, reliability of water infrastructure, and developing sustainable local water supplies. Local water supply goals include expanding recycled water, increasing stormwater capture, restoring full use of groundwater, and continuing to reduce water use through conservation. The Department is also expanding L.A.’s water supply through facility improvements that will help combat future droughts and climate change while fostering customers’ water-saving efforts through incentives. LADWP is expanding L.A.’s local water supply through a major initiative called Pure Water Los Angeles, as well as supporting new facilities to clean up the groundwater basin, improve the capture of stormwater runoff, and increase the capacity and use of recycled water.
For more information about LADWP, visit www.ladwp.com .
The City of Los Angeles is a world-class city with a vibrant, diverse economy, and an unparalleled quality of life. Los Angeles is the second largest city in the United States and has a multi-ethnic population of approximately 4 million. The Los Angeles Department of Water and Power (LADWP) is one of over 40 departments in the City of Los Angeles and for more than 100 years, LADWP has provided the city with reliable water and power service. LADWP has a current workforce of over 11,000 employees and a combined annual budget of $6.7 billion. LADWP operations are financed solely by the sale of water and electric services. LADWP owns and operates facilities in Los Angeles, the Owens Valley and in several Western States. LADWP is the largest municipal electric utility in the nation and exists to serve all customers with safe, reliable, and cost-effective water and power.