JOB DESCRIPTION - EXECUTIVE RISK MANAGER
[FFF, Corporate Activism]
Title:
Executive Vice President - Risk Management
Objectives:
To ensure that the company fulfills a positive social purpose, including to
all groups and publics on whom it has an impact. To minimize company financial
liability, first and foremost by proactively avoiding any actions which would
expose it to such liability.
Reports:
To the Chief Executive Officer, and to an independent Board of Directors committee
of which the CEO is not a member. [To the extent that such a position can
be made immune to CEO and other executive pressure, this dual reporting should
accomplish it.]
Specific responsibilities:
- Promulgation of a corporate statement of ethics, defining all publics and
groups affected by the company, directly in its ongoing course of business,
and indirectly through other consequences of the business, and establishing
standards of behavior regarding each. [This requires a social audit.]
- Distribution of the statement to every company employee, and to all such
publics and groups.
- Enforcement of the statement's terms, including through the implementation
of an internal whistleblower system.
- Chief company spokesperson in its relations with these publics, including
direct responsibility for all of the traditional functions of public, corporate,
government and investor relations, and consultative responsibility with marketing
and advertising, and employee and labor relations.
- Independent oversight of technology development (R&D); all company surveillance,
including of employees; and all business environmental consequences.
- Working with the financial controller, the development of measurement systems
to quantify all social and environmental costs incurred by the company.
- Periodic reporting of such costs to the CEO and the Board of Directors.
- All other company risk management functions.
- All company insurance programs.
- All company philanthropy.
© Roland O. Watson 2001-3