Operational Risk Manager
Operational Risk Manager
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Job Description
Company:
MercerDescription:
Mercers Investment Solutions Business Regulation (Risk & Controls) Team is seeking an additional member to this relatively new and expanding team. Business Regulation (Risk & Controls) is a team of risk specialists embedded in the business and is tasked with supporting and ensuring individual business teams identify mitigate manage and monitor their risks including conduct risks and implement appropriate controls to mitigate these risks.
What can you expect:
An exciting opportunity to join one of Mercers largest and most rapidly-growing business areas Investment Solutions. As part of our Business Regulation (Risk & Controls) team the successful candidate will play a key role in supporting the safe and sustainable development of Mercers Investment Solutions business and client base. Mercer is one of the fastest growing investment solutions entities globally and our client base has grown substantially over recent years with further growth to come.
As part of Mercer Investment Solutions first line of defence the successful candidate will work closely with business teams and senior management in Ireland and internationally and in addition with second line colleagues in risk and compliance teams. The role will facilitate exciting career opportunities within a dynamic and rapidly growing area of Mercers business driven by strong demand across new markets.
What you will be rewarded with:
Our employees enjoy excellent benefits such as:
- Competitive salary with annual review
- Up to 12% pension contribution
- Full healthcare cover
- Study Support
- Flexitime or flexistart
- Flexible working/potential to work from home
- Sports & Social clubs/Wellness Programme
- Paid annual leave and ability to purchase additional leave days
- Travel ticket/bike to work/dental are optional
- Subsidised canteen
- 35 hour working week
We will rely on you to:
The primary responsibility of the Business Regulation (Risk & Controls) successful candidate as a risk specialist will be to support the safe and sustainable development of Mercers Investment Solution business by encouraging and ensuring that risk awareness mitigation and management is thoroughly embedded across all business teams.
As part of the team they will:
- Proactively work with business leaders and business colleagues to ensure that the companys E&O Operating Events and Complaints Handling reporting requirements and other policies and processes are embedded within all lines of business and that strong adherence to these requirements and processes is evident.
- Work with Risk Champions to maintain a culture of risk management distil tone from the top and distribute information
- Work closely with the Risk team and line of business leaders in the identification and the quantification of risks including conduct risks and to seek to ensure risk registers are up to date and reflect current business risks.
- Actively engage in risk workshops and training to ensure business colleagues are familiar with the expectations of them individually and collectively in terms of their conduct the identification management mitigation and reporting of risks etc.
- Assist business colleagues to identify meaningful Key Risk Indicators (KRIs) for monitoring key risks in their area
- Act as the immediate point of escalation for Operating addition to track thereafter to ensure effective reporting and remediation of the matter reported including the identification and implementation of any required control improvements.
- Support the business response to second and third line audits / reviews (i.e. internal audits undertaken by the MMC Internal Audit Function or Compliance Monitoring Reviews undertaken by the MGIE Compliance Function)
- Document and monitor progress of remedial actions for issues identified through risk and control testing and by others including Internal Audit Compliance regulators and Management Self-Identified Issues
- Assisting in the development and enhancement of monitoring tools to evaluate the design and operating effectiveness of the key controls in the business. Monitoring will include reviewing key indicators sample testing and conducting thematic reviews.
- Assist in internal control reviews of high risk processes including procedure testing establishing test plans and test scripts providing recommendations providing feedback and reporting
- Assist in the preparation of reporting on the risk environment to be presented at internal committees.
What you need to have:
- Self-starter with ability to work effectively on own initiative and to effectively manage conflicting deadlines.
- Proven organisational skills highly detail-oriented with an ability to manage multiple tasks and projects often with conflicting deadlines.
- Excellent communication skills ensuring cooperative engagement with stakeholders across functional and geographic boundaries
- Champions collaboration within an organisation to achieve shared vision effective in building support for ideas and gaining buy-in from key stakeholders. Seeks out cross business collaboration opportunities.
- Experience of operational risk management frameworks a distinct advantage.
- Direct experience with internal control program development and testing (design as well as operating effectiveness) an advantage.
- Excellent technology skills at a minimum proficiency required in Word Excel and PowerPoint.
- 5 years Asset Management and/or Fund Industry experience
- UCITS AIFMD & Irish fund structure and regulatory knowledge essential
- Educated to degree standard or holder of a relevant professional qualification
- Demonstrated track record in change management & process improvement
What makes you stand out:
- Proven success in the oversight or implementation of risk management
- Attention to detail with the ability to navigate multiple teams and deliverables.
- Strong collaborative track record and stakeholder management.
- Focused goal-oriented with a drive to learn and develop in a unique and exciting role.
Required Experience:
Manager
Employment Type
Full-Time
