Full-Time
Director Enterprise Risk Management
Updated on 8/6/2026
VCU Health
5,001-10,000 employees
Academic medical center delivering patient care
No salary listed
Richmond, VA, USA
In Person
Bachelor's, Master's
 Finance & Banking (1) |
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- A baccalaureate degree in Healthcare Administration, Health Law, Public Health, or Business Administration from an accredited program is required.
- At least 7 years of experience in Enterprise Risk Management, Legal, or Health Care Administration, including 3 years of management experience, is required.
- Experience in Corporate/Risk Governance, Risk Management, Regulatory Management, Legal, or related areas is required.
- Experience with enterprise risk management principles and methodologies is required.
- Previous experience developing and implementing an enterprise risk management framework and strategies is required.
- Previous experience with statistics, data collection, analysis, and data presentation is required.
- The candidate must be able to interpret complex data and trends and present findings to the executive team.
- The candidate must be proficient in risk management tools and software.
- The candidate must be able to present risk information effectively to executive leadership and board members.
- The candidate must be able to work cross-functionally with various departments.
- The candidate must demonstrate leadership and development capabilities.
- The candidate must demonstrate critical thinking, strategic thinking, effective data analysis, and the ability to aggregate health-system risks into enterprise risk.
- The candidate must demonstrate decision-making, adaptability, and resilience.
- The candidate must have strong project management skills and be able to establish project goals, schedules, and deliverables and manage numerous complex projects.
- Direct the VCU Health System Enterprise Risk Management Program, including designing, implementing, and overseeing the organization's enterprise risk management framework.
- Lead the development and documentation of the enterprise risk management program, including the enterprise risk framework and risk appetite and tolerance, in collaboration with senior leadership.
- Foster and build a risk-intelligent culture.
- Manage the enterprise-wide risk assessment process and maintain the organization's risk inventory by collaborating with leaders in each domain to develop risk mitigation strategies.
- Promote effective ongoing communication and information sharing to escalate risk concerns.
- Develop and evaluate the Health System's approach to risk identification, management, monitoring, and communication.
- Facilitate risk identification, develop reports, and monitor enterprise risk management issues.
- Engage leaders and colleagues across clinical, financial, operational, and strategic functions in identifying, managing, monitoring, and communicating risk.
- Monitor the effectiveness of enterprise risk management strategies, track key risk indicators, and report risk-related issues to senior management and the board.
- Develop enterprise risk management tools, practices, and policies to report and analyze enterprise risk management and facilitate risk management according to the Health System's framework.
- Develop enterprise risk management policies and strategies based on best practices, current developments, the regulatory environment, rating-agency standards, and Health System strategic initiatives.
- Develop and manage enterprise risk management training and education for staff based on enterprise risk management principles and practices.
- Use analytics and monitor the internal and external environment to facilitate risk identification and implementation of mitigation plans.
- Remain aware of current developments affecting the organization's profile and communicate with senior leadership to ensure appropriate mitigation plans are implemented.
- Develop and implement enterprise risk management practices, including policy development, methodologies for measuring model risk and criticality, process improvement, data standards, and documentation requirements.
- Perform other assigned duties and participate in special projects supporting the mission of VCU Health System.
- A master's degree in Healthcare Administration, Health Law, Public Health, or Business Administration from an accredited program.
- Certified Professional in Healthcare Risk Management certification.
- Experience in transformation and change leadership.
- Previous experience in an academic medical center environment.
- Experience leading process improvement initiatives and teaching and coaching new leaders.
- Previous experience in a complex healthcare environment and organizational operations.
VCU Health is an academic medical center with more than 12,500 employees affiliated with Virginia Commonwealth University. It delivers patient care through clinical teams while also educating students and conducting medical research across its hospital and affiliated facilities. The core product is the health care experience—safe, high-quality medical services supported by teaching and discovery. Its distinct approach combines clinical care with medical education, research, and a commitment to diversity and inclusive care to improve patient outcomes and community health.
Company Size
5,001-10,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Richmond, Virginia
Founded
1838
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Simplify's Take
What believers are saying
- VCU Health extended CEO Marlon Levy's contract four years in June 2026.
- VCU Health won stronger patient safety ratings and stable Aa3, AA- credit ratings.
- VCU Health's 2027-29 state budget support funds a new dentistry building and campus expansion.
What critics are saying
- Anthem drops VCU Health from non-D-SNP Medicare Advantage networks January 1, 2027.
- UnitedHealthcare already excluded VCU Health Medicare Advantage on September 15, 2025.
- Chesterfield rivals HCA and Bon Secours intensify competition before VCU's 2030 hospital opening.
What makes VCU Health unique
- VCU Medical Center ranked No. 1 in Virginia by U.S. News in August 2026.
- VCU Health is the only academic medical center in the Richmond region.
- VCU Health is building Chesterfield Pavilion and a planned 66-bed Chesterfield hospital.
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Benefits
Flexible Work Hours
Paid Sick Leave
Paid Vacation
Professional Development Budget
Mental Health Support
Wellness Program
Remote Work Options
Company News
What to know about upcoming changes to the MCV Campus. Ahead of construction of a new School of Dentistry building and a proposed inpatient tower, a number of important changes are on the horizon. (File image) As Virginia Commonwealth University and VCU Health prepare for two major construction projects - a new VCU School of Dentistry building and a proposed VCU Health inpatient tower - a number of important changes will soon get underway on the MCV Campus. "It is an incredibly exciting time for VCU with so many transformative new construction projects on the horizon," said Rich Sliwoski, associate vice president of Facilities Management. "We acknowledge that the logistics of construction - including temporary relocations and relocated services - present short-term hurdles, and we are profoundly grateful for our community's adaptability and partnership. Transformation like this takes a team effort, and together, we are building a legacy that will have a profound and positive impact for years to come." Hunton Student Center. The Hunton Student Center, 1110 E. Broad St., closed in May, and certain offices and resources relocated in mid-July to the VMI Building, 1000 E. Marshall St. Now in the VMI Building are the Division of Student Affairs' Graduate and Professional Student Initiatives and VCU Career Services' Suit Yourself Closet. Health Sciences Library. Moving into Hunton's current space during the upcoming academic year will be the Health Sciences Library. It is relocating from 509 N. 12th St. to accommodate a proposed new VCU Health inpatient tower that is critically needed to significantly increase VCU Health's capacity to serve patients and improve the care environment. Hunton's current space will be renovated to provide the temporarily relocated Health Sciences Library with student learning and collaboration spaces, as well as workspace for library staff. The first floor will feature study space and a makerspace, with additional study space on the second and third floors. Discussions about a permanent location for the Health Sciences Library are underway. In early 2027, most of the library's print materials will move to storage at the State Records Center, and there will be a period when they are unavailable while being processed into offsite storage. During this time, these low-use print materials may be requested through interlibrary loans. After processing is complete, items can be requested online and delivered to Cabell Library or the Health Sciences Library. Frequently used materials will remain onsite at Hunton. Throughout the moving process, all VCU Libraries' digital resources will be available around the clock for use in classrooms and clinical settings. Reference and research consultation and instruction will be offered throughout the transition. A firm timeline for the Health Sciences Library's renovation has not yet been set, though the current location on North 12th Street is expected to close in spring 2027 for four to six weeks to move materials, furnishings and staff to Hunton. The library is expected to be fully operational at Hunton by summer 2027. For more details on the Health Sciences Library move, visit here. Jonah L. Larrick Student Center. In December, the MCV Campus Recreation Center, an indoor recreation facility located in the Jonah L. Larrick Student Center, will temporarily close. Larrick is slated for demolition in spring 2027 because it will be the site of a five-story, 312,000-square-foot School of Dentistry building that will include classrooms, academic offices, cutting-edge academic laboratories, and clinics for predoctoral, dental hygiene and specialty dentistry programs, aligning with modern practices in dental education. Funding for the School of Dentistry building was included in the 2027-29 state budget approved in late June by the General Assembly and Gov. Abigail Spanberger. For more details on the new School of Dentistry building, visit here. The MCV Campus Recreation Center will move to 610 N. 10th St., the current site of the MCV Campus Bookstore. The recreation center is planned to reopen in summer 2027. During the spring semester while the new RecWell space is being renovated, no recreation services will be available on the MCV Campus. However, students will continue to have access to the Cary Street Gym on the Monroe Park Campus. The new MCV Campus fitness center will have approximately 3,000 square feet and will feature cardio and weight equipment, a functional fitness space and cabana-style restrooms and showers. Programmatically, RecWell will continue to offer its popular personal training and small group training at this location. RecWell will communicate directly with members to provide additional information about the closure, answer questions and address concerns about how it will impact individual members. A new bookstore location and timeline have yet to be determined. The Barnes and Noble @ VCU, located on the Monroe Park Campus at 1111 W. Broad St., will continue to be available to students on both campuses. VCU offers a point-to-point shuttle service, RamsXpress, that provides members of the VCU community with direct transportation between campuses, with stops at central locations. The shuttle runs Monday through Friday from 7 a.m. to 7 p.m. and allows the VCU community to travel between campuses within 10 to 15 minutes. Its stops are not duplicative of current GRTC service locations. Also as a result of Larrick's planned demolition, Jonah's Express grab-and-go dining and Starbucks will close in spring 2027. VCU is currently exploring food options to continue serving MCV Campus students during the interim. For MCV Campus students who have questions about the upcoming changes, they are encouraged to reach out to the Division of Student Affairs. The Division of Student Affairs cares very much about students and their experience on the MCV Campus and is committed to helping support them during their time at VCU. Feel free to send any questions to Virginia Commonwealth University at [email protected]. VCU will continue to provide updates on these changes and projects as more information becomes available. For more information, visit this FAQ.
VCU Health Board of Directors elects Cantor as chair, extends contract for CEO Levy. Additionally, board members Fotini "Fay" Manolios will serve as vice chair, Joel Nied will serve as secretary and Randolph Reynolds Jr. will serve as treasurer. (Joe Kuttenkuler, Enterprise Marketing and Communications) Diana Cantor, current acting chair of the Virginia Commonwealth University Health System Authority Board of Directors, was elected to serve as chair of the board on Monday, July 13. Her term begins immediately and runs until June 30, 2028. This election is consistent with a new law updating the Board of Directors' structure and governance. Cantor is the first elected board chair in the authority's history; the previous law required former VCU president Eugene Trani and current President Michael Rao to serve as chair. "It's an honor to step into this role for the VCU Health Board of Directors," Cantor said. "VCU Health has extraordinary momentum and an essential mission: to improve and save lives while helping more Virginians access the care they need. I am inspired by the dedication of our entire team; their compassionate, patient-centered care is strengthened every day by VCU research and our shared commitment to serving the commonwealth." As chair, Cantor will lead the VCU Health System Authority board and focus on ensuring effective governance and supporting VCU Health's statutory purposes. She will work in close partnership with VCU Health's leadership team and fellow board members to advance the strategic objectives of the health system. "Ms. Cantor has been a trusted voice on our board, consistently bringing thoughtful perspectives and an unwavering commitment to our mission," said Marlon Levy, M.D., CEO of VCU Health. "As chair, she will provide invaluable leadership of the board as my leadership team and I continue to strengthen the VCU Health enterprise, supporting team members and delivering outstanding care to the patients and communities we serve." Cantor was first appointed to the Board of Directors in 2023 by former Virginia Gov. Glen Youngkin. She was reappointed to the board in 2026 by Don Scott, speaker of the Virginia House of Delegates Speaker. She is a member of the investment committee and the board of managers of Alternative Investment Management LLC and serves on several public and nonprofit boards across the country. Cantor served for more than a decade as the founding chief executive officer of the Virginia College Savings Plan, the state agency that administers Virginia's Section 529 college savings plans. In addition, she is a past chairman of the board and served for more than 10 years as a trustee of the Virginia Retirement System. Cantor is a certified public accountant and member of the state bar in Virginia, Florida and New York. She holds an undergraduate degree from the University of Florida's School of Accounting, a master's degree in business administration from the University of Miami and a law degree from New York University. "With Ms. Cantor's extensive experience on boards and her familiarity with Virginia and our health system following three years as a board member, she is an ideal chair," said Rao, who continues to serve on the board as VCU president. "For several years, I have advocated for a lay chair who is elected to lead the VCU Health board. I look forward to continuing to work with Diana in this role." Additionally, the following board members were elected as officers of the board and committee chairs: * Fotini "Fay" Manolios - board vice chair; chair of the Evaluation and Compensation Committee. * Joel Nied - board secretary; chair of the Governance Committee. * Randolph Reynolds Jr. - board treasurer; chair of the Finance Committee. * Hem Bhardwaj, M.D. - chair of the Quality, Safety, and Service Committee. * Mark Oley, Pharm.D. - chair of the Audit and Compliance Committee. "We look forward to working with Ms. Cantor and our committee chairs in these leadership roles," Levy said. "Every board member brings a great deal of experience, expertise and dedication to help us continue our mission critical work of preserving and restoring health for all people of Virginia and beyond." CEO contract extension. In June, the Board of Directors and VCU Board of Visitors extended Levy's contract for four years. Levy served as interim CEO starting in 2022 and was named to the position permanently in 2024. Under Levy's leadership and vision, VCU Health has expanded access to its unrivaled care, bringing world-class services closer to home for communities across Virginia. Milestone achievements, including the completion of the Children's Tower and current projects such as the Pauley Heart Center Pavilion and Chesterfield Pavilion, reflect his commitment to meeting the growing health care needs of the region. Levy's focus on quality, safety and operational excellence has also driven significant systemwide achievements. His leadership helped VCU Health earn its highest patient safety ratings to date in 2026 while strengthening the health system's financial foundation, as reflected in strong credit ratings from S&P Global Ratings and Moody's. "Dr. Levy leads with the heart of a physician and the steadiness of an experienced executive," Cantor said. "Under his leadership, VCU Health has strengthened its financial position, expanded access to care and built important momentum across our clinical, academic and research missions. The Board of Directors is grateful for his leadership, pleased to extend his contract and has confidence in the future."
Anthem Blue Cross and Blue Shield in Virginia and VCU Health announce multi-year agreement to advance affordability and innovation. RICHMOND, Va.-(BUSINESS WIRE)-Anthem Blue Cross and Blue Shield in Virginia and VCU Health today announced a new multi-year agreement that reinforces their longstanding relationship and shared commitment to improving health outcomes across the Commonwealth. The agreement establishes a foundation for continued collaboration between Anthem and VCU Health, supporting innovative care models, improved care coordination, and a shared focus on quality, affordability, and patient outcomes. "At Anthem, we know healthcare affordability is not a challenge any one organization can solve alone," said Monica Schmude, President of Anthem Blue Cross and Blue Shield in Virginia. "Our continued partnership with VCU Health reflects a shared commitment to improving quality, affordability, and the overall healthcare experience for the individuals and families we serve." The renewed partnership builds on years of collaboration between Anthem and VCU Health. Most recently, VCU Health joined Anthem, business leaders, policymakers, and community organizations at a roundtable hosted in partnership with the Richmond Chamber of Commerce. The discussion focused on practical solutions to address rising healthcare costs, strengthen primary care access, improve consumer navigation, and advance community-based approaches that support better health outcomes and lower costs over time. The organizations will continue to collaborate on innovative programs that expand access to care, including Hospital at Home services, which allow eligible patients to receive acute-level care in the comfort of their homes. Anthem and VCU Health will also explore new opportunities to advance population health management, improve care coordination, and strengthen value-based care initiatives that align high quality care and patient-centered outcomes. "We value our long-standing relationship with Anthem and are pleased to have reached an agreement that strengthens our partnership," said Marlon Levy, M.D., MBA, CEO of VCU Health. "This allows us to continue building on a strong foundation with Anthem while focusing on what matters most - delivering high quality care to our patients." Medicare Advantage Update As part of the renewed agreement, Anthem and VCU Health have mutually agreed that VCU Health will be out of network for certain Medicare Advantage plans effective January 1, 2027. VCU Health will remain in Anthem's Medicare Advantage network through December 31, 2026. Impacted members will have the opportunity to review their coverage options during the Medicare Annual Enrollment Period, which runs from October 15 through December 7, 2026. This change applies only to Anthem Medicare Advantage plans that are not Dual Eligible Special Needs Plans (D-SNPs), including Medicare PPO, Medicare HMO, and Chronic Special Needs Plans. Anthem Medicare Advantage D-SNP members, who qualify for both Medicare and Medicaid and receive integrated benefits through Anthem HealthKeepers Plus, will continue to have access to VCU Health providers and facilities under the renewed agreement. The change does not affect Anthem commercial, Individual and Family, Medicaid, Medicare Supplement (Medigap), or Medicare Advantage D-SNP plans. Both organizations are committed to providing support and resources to help impacted members during the network transition. About Anthem Blue Cross and Blue Shield in Virginia Anthem Blue Cross and Blue Shield is the trade name of Anthem Health Plans of Virginia, Inc., an independent licensee of the Blue Cross Blue Shield Association. Anthem is a registered trademark of Anthem Insurance Companies, Inc. Additional information about Anthem Blue Cross and Blue Shield is available at www.anthem.com. Follow HealthTech HotSpot LLC on X @AnthemBCBS and on LinkedIn. About VCU and VCU Health Virginia Commonwealth University is a major, urban public research university with national and international rankings in sponsored research. Located in downtown Richmond, VCU enrolls more than 29,000 students in more than 200 degree and certificate programs in the arts, sciences and humanities across VCU's 12 schools and three colleges. The VCU Health brand represents the VCU health sciences academic programs, the VCU Massey Comprehensive Cancer Center and the VCU Health System, which comprises VCU Medical Center (the only academic medical center in the region), Community Memorial Hospital, Tappahannock Hospital, Children's Hospital of Richmond at VCU, and MCV Physicians. The clinical enterprise includes a collaboration with Sheltering Arms Institute for physical rehabilitation services. For more, please visit vcu.edu and vcuhealth.org. Media Contact Kersha Cartwright Director of Public Relations Anthem Blue Cross and Blue Shield [email protected] | 678-767-0199 July 11th, 2026 July 10th, 2026 July 9th, 2026
Member of the month. Warren F. Thomas is the Co-Founder and Chief Executive Officer of RMT Construction Development Group, a Richmond-based commercial construction and development firm specializing in design-build, corporate interiors, institutional facilities, multifamily housing, and Job Order Contracting services. Alongside his wife and business partner, Starlena "Star" Thomas, Co-Founder and President/CFO, Warren helped establish RMT in 2003. What began as a small masonry operation has grown into a respected Class A general contractor serving public and private clients throughout Virginia. Under Warren's leadership, RMT has successfully completed projects for organizations including the Virginia Museum of Fine Arts, Virginia Commonwealth University Health System, Virginia Union University, the Children's Museum of Richmond, and numerous state agencies, municipalities, educational institutions, and private-sector clients. Warren attributes the company's success to the dedication of its leadership team, talented employees, trusted trade partners, and loyal clients who help bring RMT's vision to life every day. A firm believer that business success begins with investing in people, Warren has built RMT around the philosophy, "We don't just build projects, we build people." He is passionate about developing future construction professionals, creating opportunities for minority and emerging talent, and fostering a culture centered on trust, integrity, quality, teamwork, and accountability. Through his involvement with industry organizations, community partners, and workforce development initiatives, Warren remains committed to strengthening the construction industry while creating lasting economic opportunities throughout Virginia. Warren Thomas Chief Executive Officer RMT Construction & Development Group
Medical student Charles Payne recognized for extraordinary compassion during his OB-GYN rotation. Payne is the first medical student at VCU Health to earn the TULIP Award, an honor recognizing exceptional compassion and service by non-nursing team members. By Hayley Roulston Charles Payne never planned to make history. He simply kept showing up. Day after day, even after his OB-GYN rotation had officially ended, the now fourth-year Virginia Commonwealth University medical student returned to VCU Medical Center to check on one patient - a pregnant woman facing an extended, uncertain stay as she awaited delivery. Between clinical rounds and studying, he found small moments to be present. That commitment led to Payne, a McGlothlin Scholar, becoming the first medical student at VCU Health to receive a TULIP Award, an honor that recognizes exceptional compassion and service by non-nursing team members. Medical students typically rotate off service in a clinical specialty after two to four weeks, moving on to the next. But when Payne's OB-GYN rotation came to an end, his connection with the patient continued. He checked in daily, paying attention to the small details and displaying care rooted in their shared humanity. Drawing on his previous experience as a medic and care partner, he performed simple actions to help the patient feel genuinely cared for. When a physical therapist suggested badminton as a safe exercise for hospital-bound patients with limited mobility, Payne brought in a set of equipment, giving the patient a way to pass the time and share a laugh with her mother. He also stepped in to help when difficult ultrasound-guided IV placements increased the patient's anxiety and discomfort. Together, these acts of presence and compassion led to a TULIP Award nomination - and a milestone moment for medical education at VCU Health. "Charles' TULIP Award highlights the extraordinary care our medical students provide every day," said Luan Lawson, M.D., senior associate dean of medical education and student affairs in the School of Medicine. "It reflects the strength of our training environment and the commitment our students have to showing up for patients as whole people, not just as diagnoses." 'Compassion can always make a difference' For Payne, the experience reaffirmed some of medicine's most enduring lessons. "There are times when we can't change a diagnosis or outcome," he said. "But compassion can always make a difference." That belief was mirrored in the compassion Payne himself received when he was awarded a four-year, full in-state-tuition scholarship recognizing his academic excellence and leadership potential. Being a member of the McGlothlin Scholars inaugural cohort reinforced his desire to invest in others and build his future on the MCV Campus. While Payne has received multiple TULIP Awards in previous roles at VCU Health, this most recent recognition - coming during his years as a student - carried particular significance. During a phase of training often shaped by subjective evaluations, the award served as a powerful reminder of the impact students can have simply by being present. Medical students, Payne noted, are often the providers who get to spend the most time with patients. "That's a profound honor," he said. At the heart of Payne's approach to patient-centered care is listening without rushing - meeting people where they are, often on the hardest days of their lives. That perspective reminds him of a quote from Fred Rogers: "More and more I've come to understand that listening is one of the most important things we can do for one another." Looking ahead, Payne hopes patients will remember how he made them feel long after the clinical details fade. This TULIP Award is a reminder - for Payne and other future physicians - that compassion doesn't require a title. It only requires intention. "When I become a trauma surgeon, I want my patients to leave thinking, 'That's a really good guy,' not just, 'That's a really good surgeon,'" he said. "The technical skills will eventually speak for themselves, but I'd rather be remembered as a good person." This story was originally published on the School of Medicine website.