Assistant Vice President of Risk Management
West Long Branch, NJ - USA
Department:
Job Summary
Description
The Office of the General Counsel (OGC) is seeking an Assistant Vice President of Risk Management who will provide comprehensive risk management and compliance services to support the mission and operations of Monmouth University. This position serves to support the Vice President and General Counsel on a broad range of risk management and compliance with an emphasis on contract review risk management insurance data privacy intellectual property compliance and issues unique to higher education. The ideal candidate will be a strategic thinker and collaborative problem solver capable of navigating the risk management landscape of a complex higher education institution. The ability to balance multiple and competing deadlines in a fast-paced environment is critical.
This is an in person or hybrid position based on University policy.
Application Material Required: Monmouth University requires all applications and supporting documents to be submitted via the universitys career addition to the application candidatesmustupload the following documents. Applications willnotbe considered complete for review until all required documents are uploaded.
Optional Documents:
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Duties and Responsibilities:
Risk Management
- Primarily responsible for the procurement and administration of the Universitys risk management program (property insurance general and automobile liability environmental cyber workers compensation professional liability sports accident and other related University coverages) and work with the Vice President and General Counsel and Universitys insurance brokers to administer multi-line insurance renewal process select and structure insurance programs and procure adequate insurance.
- Responsible for processing and administration of insurance claims against the University.
- Review and negotiate appropriate insurance coverage and requirements in contracts; coordinate with insurance providers to ensure adequate coverage for institutional activities and events; provide certificate of insurance for campus departments and 3rd party requestors.
- Draft review and negotiate insurance-related provisions in contracts including indemnity clauses waivers and hold harmless agreements.
- Collaborate to identify assess and mitigate legal risks including developing strategies and best practices for risk reduction.
- Assist the Director of Internal Audit and Enterprise Risk in the Universitys comprehensive enterprise risk management framework. Maintain records and documentation regarding insurance policies claims and other insurance matters.
- Monitor and manage claims in coordination with the Vice President and General Counsel insurers and external counsel.
- Assist the Vice President and General Counsel as needed to coordinate with outside counsel in managing litigation administrative proceedings and dispute resolution matters.
- Conduct legal research and analysis and draft legal memoranda correspondence policies and reports on behalf of the OGC.
- Assist the Vice President and General Counsel in responding to subpoenas discovery and information requests.
Compliance
- Draft review interpret and amend (as needed) University policies and procedures particularly those related to contracts data privacy intellectual property risk management and insurance and ensure that policies are aligned with federal and state law and regulatory requirements.
- Assist in ensuring compliance with applicable federal state and local laws and regulations including OMB Uniform Guidance Title IX FERPA ADA NJLAD FLSA Clery NCAA and other higher education-specific statutes.
- Advise University leadership on compliance with state and federal laws across diverse fields.
- Provide guidance and support to University trustees senior leadership faculty administrative staff as well as the Bruce Springsteen Center for American Music (BSCAM) directors and staff on a range of risk management and compliance issues primarily with a focus on contracts intellectual property data privacy gift and collection agreements risk management compliance insurance coverage policy interpretation and contractual risk transfer.
- Oversee minors on campus compliance.
- Create and deliver training and educational workshops to the campus community on various compliance and risk management topics.
Transactional
- Draft review and negotiate a wide array of contracts and agreements including but not limited to agreements related to purchase of services grants construction agreements technology and software agreements licensing agreements real estate transactions gift and collection agreements affiliation and collaboration agreements data privacy leases and agreements related to other domestic and international transactions and ensure compliance with applicable laws institutional policies and risk management principles.
- Oversee the Office of the General Counsels implementation of effective and efficient contract systems (manual and/or software) policies processes and trainings.
- Assist the Vice President and General Counsel with negotiations of contracts for the Bruce Springsteen Center for American Music including licensing agreements exhibition agreements intellectual property and trademark agreements production agreements consultant agreements and releases and authorizations as needed.
- Serve on University committees to provide risk management and compliance input on committee work.
- Attend Audit and Legal Board of Trustee committee meeting and other Board meetings as necessary.
- Assist the Vice President and General Counsel with preparation of board resolutions and other board materials for the University Board of Trustees and BSCAM Board of Directors.
- Attend University and BSCAM Board and serve and/or attend Board committee meetings as needed and requested by the Vice President and General Counsel.
- Supports the strategic priorities of the Office of the General Counsel and/or performs other legal duties as assigned.
- Assist the Vice President and General Counsel in labor negotiations labor relations and mediation of employee matters.
- Prepare strategic communications as needed.
Required Minimum Qualifications:
- Juris Doctor (J.D.) degree from an ABA accredited law school.
- Minimum three (3) years of experience in managing a wide range of risk management insurance and/or compliance functions.
- At least three (3) years of higher education in-house legal or insurance firm experience.
- Strong legal research excellent analytical and problem-solving skills including the ability to resolve complex issues.
- Strong interpersonal and communication skills and ability to deal credibly and effectively with the University community.
- An approach that inspires trust and confidence through actions that demonstrate integrity transparency and a strong work ethic.
- Demonstrated ability to manage multiple priorities and work effectively in a collaborative environment.
Preferred Qualifications:
- Admission to the bar and in good standing in the State of New Jersey or the ability to be admitted to the bar in the State of New Jersey or obtain an in-house counsel limited license.
- Practical experience in claims administration including property auto general liability cyber and other policies.
- Experience negotiating complex contracts.
- Experience handling academic research and compliance issues.
- Experience negotiating contracts utilizing an electronic contract administration system preferably HighQ.
- Experience negotiating intellectual property trademark and licensing agreements.
- Experience preparing and delivering board level presentations to various stakeholders.
Questions regarding this search should be directed to:
Barbara Santos at or
Note to Applicants:
Please keep in mind that a job posted as Open until filled may close at any time without notice. As such we encourage you to submit your application and all required documentation as quickly as possible to ensure consideration for the posted position.
Working at Monmouth University perks:
- 403(b) Retirement Plan
- Generous Paid Time Off
- Medical Dental & Vision Insurance Benefits
- Tuition Remission for employee upon hire
- Tuition Remission for spouse or civil-union partner and IRS dependent
after one-year of full-time continuous employment - Generous Paid Time Off
- Employer paid Short & Long-Term Disability
- Employer sponsored Life Insurance
- Employee Assistance Program (EAP) FSA Telehealth and more
To view a full list of benefits visit our benefits page at:Employee Benefits Information Human Resources Monmouth University
Department:
General Counsels Office
Work Schedule:
Monday through Friday
Total Weeks Per Year
52
Hours Per Week:
36.25
Expected Salary:
$145000 - $185000
Union:
N/A
Job Posting Close Date:
Open until filled
Required Experience:
Exec
About Company
Located along New Jersey’s northern coastline, Monmouth University offers a welcoming and dynamic setting for student development. Innovative academic programs, individual faculty attention and nationally ranked Division I athletics make our private university a great place to amplify ... View more