Senior Risk Manager, US Department of Transportation, DOT Regulatory Monitoring

A Senior Risk Manager at Amazon is responsible for designing, implementing, and monitoring risk mitigation strategies that protect the company's brand while enhancing the customer experience. They engage with transportation businesses to build frameworks that ensure compliance with regulations and drive business growth. Key responsibilities include defining risk programs, leading projects, establishing partnerships, and using data-driven insights to guide important business decisions.

To become a Senior Risk Manager at Amazon, you should have a Bachelor's degree or equivalent experience, along with at least 6 years of compliance, audit, or risk management experience. Proficiency in Microsoft Office at an advanced level is essential. Preferably, candidates may have a Master's degree or a Project Management Professional (PMP) certification, as well as prior experience with the Department of Transportation (DOT) or in regulatory environments.

A typical day for a Senior Risk Manager at Amazon involves setting program objectives, developing key metrics to measure success, engaging with business stakeholders, and overseeing inspection activities. They consult with carrier partners on corrective action plans and collaborate with cross-functional teams to implement effective compliance and risk management strategies, ensuring that they meet the needs of both internal and external stakeholders.

As a Senior Risk Manager at Amazon, you will be part of the Transportation Risk and Compliance (TRC) team. This team acts as the voice of risk and compliance across Amazon's transportation businesses. You will work closely with various teams, including safety, legal, finance, tech, and human resources, ensuring that risk management strategies align with business objectives and compliance requirements.

The salary range for a Senior Risk Manager at Amazon varies depending on location, with a base pay starting at $109,000 per year in lower geographic markets and going up to $185,000 in higher markets. Additionally, Amazon offers a total compensation package that may include equity, sign-on bonuses, and a full range of medical and financial benefits, making it a competitive option for professionals in the industry.

When approaching risk assessment and management, it's important to first identify the potential risks associated with a project by gathering input from stakeholders and conducting thorough analysis. Once risks are identified, I prioritize them based on their likelihood and impact and develop mitigation strategies for each. I ensure continuous monitoring throughout the project and adjust plans as necessary to address emerging risks.

Certainly! In my previous role, I identified a significant compliance risk within our supply chain that could affect our operations. I led a cross-departmental team to institute new protocols for vendor selection and ongoing audits, which resulted in a 30% reduction in compliance issues over six months. Regular training sessions were also introduced to elevate awareness across teams.

Essential metrics for measuring risk management success include incident frequency rates, compliance audit scores, the turnaround time for corrective actions, and stakeholder satisfaction scores. Understanding these metrics helps assess the overall effectiveness of risk strategies and informs data-driven decision-making for future initiatives.

Handling conflicts with internal stakeholders requires clear communication and active listening. I prioritize understanding their concerns and perspectives and work collaboratively to find common ground. I also focus on presenting data-driven insights to support my position. By involving stakeholders in the decision-making process and keeping the lines of communication open, I have successfully navigated conflicts and reached mutually beneficial solutions.

Ensuring compliance with DOT regulations involves staying informed about current laws and regulations and implementing practices that align with them. I work closely with legal and compliance teams to regularly review our processes and make necessary adjustments. Training and educating involved stakeholders about these regulations are also critical to foster a culture of compliance within the organization.

I use various data analysis techniques, including statistical analysis and risk modeling, to identify trends and potential risks. Tools such as Excel for data manipulation and visualization, along with business intelligence platforms for deeper insights, enable me to make informed decisions. I also conduct regular data reviews to ensure our analysis is current and actionable.

I make it a priority to stay updated on the latest risk management practices by attending industry conferences, participating in webinars, and subscribing to relevant journals and newsletters. Networking with other professionals in the field also provides valuable insights into emerging trends and best practices that I can apply in my role.

Technology plays a vital role in risk management strategies as it enhances data collection, analysis, and reporting. I leverage advanced software tools to automate compliance tracking, streamline communication among teams, and enhance risk assessment processes. This allows for more agile responses to risks and fosters greater transparency in our risk management efforts.

Success as a Senior Risk Manager is defined by the ability to implement effective risk mitigation strategies that lead to improved compliance, reduced incidents, and enhanced stakeholder satisfaction. Cultivating strong partnerships with internal teams, achieving business objectives, and instilling a proactive risk management culture throughout the organization also contribute to my definition of success.

In my career, I have successfully led cross-functional teams to address risk management challenges by fostering collaboration and open communication. I ensure that all voices are heard and facilitate brainstorming sessions to come up with comprehensive solutions. This collaborative approach not only enhances team cohesion but also leads to more effective risk management outcomes across different business areas.