Director, Enterprise Risk and Compliance

  • Best Buy
  • Minneapolis, Minnesota
  • 12/05/2025
Full time

Job Description

As the Director, Enterprise Risk and Compliance you will help shape how Best Buy manages risk at the enterprise and third party level, making a real impact by protecting the company and strengthening its partnerships. You'll be leading a team of managers and analysts, collaborating with executives and vendors, and driving improvements in risk programs and GRC tools. The ideal candidate brings proven experience in maturing risk frameworks, building efficiencies, and sparking meaningful conversations with senior leadership about risk strategy. What's most exciting is the chance to influence company wide decisions, foster a culture of risk awareness, and see your work directly enhance Best Buy's resilience and success.

This role is hybrid, which means you will be required to work some days on-site at the Best Buy location listed on this posting and some days virtually from home or another non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.

What you'll do

  • Lead the strategy, execution, and ongoing management of Best Buy's Third-Party Risk program across the vendor lifecycle.
  • Manage and develop a team of risk consultants and analysts to deliver high-quality due diligence and risk assessments.
  • Responsible for contracting all security terms, in partnership with Privacy counsel for all vendors.
  • Build strong cross-functional partnerships with Procurement, Legal, Information Security, Sustainability, and other enterprise stakeholders.
  • Oversee risk assessment tools and reporting, ensuring effective platform transitions and visibility into vendor risk.
  • Direct governance processes including issues management, contract reviews, and escalation protocols to mitigate enterprise risk.
  • Provide oversight of compliance programs such as OFAC screening and Conflicts of Interest, aligning with legal and ethical standards.
  • Drive accountability for risk mitigation efforts while fostering a culture of continuous improvement and professional development.

Basic qualifications

  • 10 or more years of experience in risk management, compliance, or related (i.e. cyber risk management, audit, or regulatory)
  • 3 or more years of experience with third party risk management and/or enterprise risk management
  • 8 or more years of team leadership experience

Preferred qualifications

  • Legal degree or relevant legal experience
  • Relevant industry certifications such as CTPRP, CISSP, CRVPM or similar

What's in it for you

We're committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.

Our benefits include:

  • Competitive pay
  • Generous employee discount
  • Physical and mental well-being support

About us

As part of the Best Buy team, you'll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life - in our stores, online and in customers' homes.

Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We're committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.

Best Buy is an equal opportunity employer.

Position Type: Full timePandoLogic. Category:Finance,