Enterprise Risk Portfolio Lead (hybrid in MN)

Job Id: R0000438584

The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

Job Title: Enterprise Risk Portfolio Lead

Classification: Exempt

Date: May 2026

About Us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

To match the signature style and passion of Target’s distinctive retail brand, Target Legal Affairs is a dynamic and deeply knowledgeable team of experts. Whether specializing in law, government affairs, risk, compliance, ethics, security or food safety, we use our expertise and influence to advocate for Target, support Target’s business, and mitigate risk for the company. We work with both internal and external entities on key issues that affect Target’s ability to productively, ethically, and securely conduct business. Through our understanding of Target’s business models and operations, we help facilitate Target’s growth, and provide guidance that leaders rely on to make sound, well-informed decisions. Simultaneously, we help protect the business by applying our comprehensive understanding of risk and the law on issues that impact our brand, guests, team members, stores, distribution centers, and corporate locations.

Here, you’ll enjoy working autonomously with a healthy work-life balance. Your passion for learning the business, collaborating with others and building relationships with senior leaders and key business partners that you support will be essential to tackling the ever-changing legal and risk-based challenges we face in a dynamic and fast-paced retail environment.

Target is strengthening its enterprise risk management capabilities to meet increasing complexity and scale. In this role you will be responsible for managing a defined portfolio of pyramids and business units across the enterprise, ensuring current visibility into top risks and supporting leaders in actively identifying, assessing and monitoring those risks. This role serves as a key connector between business leaders and enterprise risk leadership, bringing structure, consistency and insight into how risks are identified, understood and managed within ongoing business.

As Enterprise Risk Portfolio Lead, you will:

• Own a portfolio of assigned pyramids and business units, maintaining a current view of top risks, trends, and emerging issues specific to those business areas
• Track and report on key risks within the portfolio, including status, mitigation progress, and emerging concerns
• Provide clear, concise updates to enterprise risk leadership to support portfolio-level aggregation and decision-making
• Lead risk identification and assessment workshops with business and functional leaders to surface key operational, regulatory, financial, and strategic risks
• Ensure alignment to enterprise risk methodologies, scoring, and documentation standards
• Serve as a trusted partner to business leaders, providing perspective, challenge, and clarity on risk-related topics
• Support leaders in strengthening risk ownership and accountability within their teams
• Embed risk discussions into existing business processes and routines, such as staff meetings and quarterly business reviews
• Identify cross-cutting risks that may impact multiple business units or require enterprise attention
• Ensure business units are prepared with relevant risk information and context during high-impact scenarios or crisis activation
• Any other duties as assigned

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs

About You:

• Bachelor’s degree or equivalent combination of education and experience
• 5+ years of relevant experience in risk management or related fields
• Experience facilitating workshops and/or structured business discussions on risk management
• Ability to develop effective and collaborative relationships with senior business leaders to instill confidence and influence outcomes across business functions
• Detail oriented, with a strong ability to translate business concepts into discrete risks
• Analytical and critical thinking skills with the ability to leverage data to influence decisions and distill complex issues into actionable plans
• Ability to adapt, prioritize and successfully manage multiple tasks or projects in response to changing or competing priorities
• Established acumen with genAI tools and prompting for ongoing exploration as part of new ways of working

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.