Manager of Enterprise Risk Management

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway Markets®, Gourmet Garage® and DiBruno Bros.®and Morton Williams®banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best in class procurement practices.

About You

Your contribution :

The Manager of Enterprise Risk Management (ERM) leads the development, implementation, and ongoing improvement of the ERM framework. This role ensures enterprise risks are identified, assessed, mitigated, and monitored in line with strategic goals. The ERM Manager works closely with Member stakeholders, business units, senior leadership, and internal audit to foster a risk-aware culture and support informed decision-making. This position is based in Edison, NJ. The position will initially have one direct report.

What you will do :

• Lead the development and execution of an ERM framework aligned with organization strategy and goals.
• Conduct enterprise-wide risk assessments and maintain a dynamic risk register.
• Collaborate with business units to identify and prioritize key strategic, operational, and financial risks across all domains.
• Recommend mitigation strategies and internal controls, and coordinate enterprise-wide risk response efforts.
• Deliver executive-level risk reporting, including dashboards and heat maps, and present findings to the Risk Management Committee.
• Monitor risk exposures and trends, track mitigation efforts, and evaluate the effectiveness of controls and response strategies.
• Manage escalation procedures for timely and effective risk response across the enterprise
• Define risk appetite to guide decision-making and align with organizational strategy
• Establish and oversee governance protocols to ensure consistent risk management practices
• Align risk efforts with internal audit, compliance, and legal functions.
• Provide training and guidance on risk management and control practices and promote a strong risk-aware culture across the organization.
• Quantify risks using data, loss models, and scenario-based analysis to support strategic decision-making
• Leverage analytics and data-driven strategies to enhance risk assessment and response.

What we’re looking for :

How you will succeed :

Leadership Competencies

Core Competencies

Company Perks :

Compensation and Benefits

The salary range for this position is $140,000 - $170,000 annually.

Placement in the range depends on several factors, including experience, skills, education, geography, and budget considerations. Wakefern is proud to offer a comprehensive benefits package designed to support the health, well-being, and professional development of our Associates. Benefits include medical, dental, and vision coverage, life and disability insurance, a 401(k) retirement plan with company match & annual company contribution, paid time off, holidays, and parental leave. Associates also enjoy access to wellness and family support programs, fitness reimbursement, educational and training opportunities through our corporate university, and a collaborative, team-oriented work environment. Many of these benefits are fully or partially funded by the company, with some subject to eligibility requirements.