Job Description
The Senior Director, Profit Protection & Risk Management provides enterprise leadership and strategic oversight for WHSmith’s Profit Protection, Risk Management, and Compliance functions, including Asset Protection, Investigations, Food Safety, Health & Safety (OSHA), and Store File Integrity. This role ensures disciplined governance of programs that protect people, property, and profit while embedding a culture of accountability, compliance, and continuous improvement. Acting as a trusted business partner to Operations, Finance, and Legal, the Senior Director drives visibility into losses, shrink, and operational risk through analytics, prevention strategies, and end-to-end incident management.
Key Responsibilities
Strategic Leadership & Program Oversight
- Lead the design and execution of WHSmith’s enterprise Profit Protection and Risk Management strategy across retail, food, and corporate operations.
- Develop, publish, and govern standardized loss prevention programs, risk controls, and investigative frameworks.
- Oversee execution of physical inventory counting, reconciliation, and post-audit analysis, ensuring accuracy and compliance.
- Partner with Finance, Field, and Operations teams to ensure reporting accuracy and timely investigation of variances or anomalies.
- Oversee field investigations, recovery efforts, and asset protection performance metrics.
- Serve as the company’s primary liaison on regulatory and compliance matters related to safety, insurance, and loss prevention.
Risk Management & Compliance
- Lead quarterly operational and safety risk assessments, including Food Safety, OSHA, and insurance audits.
- Maintain and enforce policies that safeguard company assets, intellectual property, and operational continuity.
- Collaborate with Legal, Insurance, and HR on claim management, risk mitigation, and compliance training.
- Conduct root-cause analysis on losses or incidents and develop corrective action plans.
- Oversee governance, reporting, and standard operating procedures for enterprise risk.
Performance Optimization & Business Partnership
- Partner cross-functionally to align risk management with financial and operational goals.
- Benchmark and implement industry best practices to elevate WHSmith’s risk and profit protection maturity.
- Provide data-driven insights and predictive analytics to inform leadership decisions.
- Lead the development of reporting dashboards to monitor shrink, recoveries, and compliance performance.
- Drive a culture of accountability and continuous improvement across all risk and safety programs.
Key Metrics
- Shrink Reduction (%): Year-over-year improvement in controllable losses.
- Inventory Accuracy (%): Alignment between reported and actual stock levels.
- Store Audit Compliance (%): Adherence to field and corporate standards.
- Recovered Value ($): Total recovered funds from investigations and claims.
- Incident Response Time (Days): Average time to resolution for critical events.
Job Requirements
- Bachelor’s degree in Finance, Accounting, Risk Management, or related field (MBA preferred).
- 10+ years of leadership experience in profit protection, asset protection, or operational risk within retail, logistics, or hospitality industries.
- Proven success leading multi-location programs focused on loss prevention, investigation, and recovery.
- Strong understanding of financial reporting, reconciliation, and audit processes.
- Exceptional communication and relationship management skills.
- Professional certification (CFE, LPC, or equivalent) preferred.
Skills & Competencies
- Profit protection and risk mitigation strategy.
- Investigation management and compliance leadership.
- Financial analytics, audit, and reconciliation expertise.
- Health, safety, and environmental program management.
- Cross-functional leadership and communication.
- Data-driven decision-making and accountability mindset.
Leadership Attributes
- Analytical and detail-oriented with strong operational judgment.
- Builds trusted partnerships across all levels of the organization.
- Resilient, calm, and decisive during high-risk or complex investigations.
- Results-oriented leader focused on measurable outcomes and cultural alignment.
- Champions integrity, transparency, and ethical excellence.
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