THE ROLE

Leads the development and advancement of MFS enterprise risk framework by designing executing and monitoring continuous improvement of two Enterprise Risk Programs: Global Enterprise Resilience and Corporate Insurance. Ensures these programs are effectively meeting the needs of the firm and adapting to evolving regulatory requirements.

WHAT YOU WILL DO

• Global Enterprise Resilience Program responsibilities:

  • Partners with the Sr. Manager Vendor Management in the design and implementation of a global resilience framework ensuring it meets business objectives global standards and adapts to evolving regulatory requirements. Collaborates with senior business leaders across the organization to align resilience efforts. Continuously monitors the effectiveness of the operational resilience framework adjusting based on emerging threats business changes and regulatory updates. Partners with the business continuity IT compliance legal and cybersecurity teams to ensure that all aspects of operational resilience are integrated and aligned with the overall corporate strategy. Stay abreast of developments in operational resilience including new technologies strategies and global regulatory changes.

  • Leads the global resilience testing program including the design execution and documentation of scenario tests to evaluate the effectiveness of existing operational resilience frameworks and identify areas for enhancement.

  • Collaborates with various departments to create realistic and challenging scenarios that reflect potential operational disruptions including technological or vendor failures cyber-attacks and natural disasters. Analyze the outcomes of scenario tests to assess the readiness of the organization to manage and recover from disruptive events effectively. Maintain a comprehensive database of testing scenarios results and follow-up actions to ensure accountability and continuous learning.

  • Facilitates workshops and training sessions to enhance the organizations understanding and execution of operational resilience practices.

• Corporate Insurance Program responsibilities:

  • Manages MFS insurance programs including development interpretation administration and maintaining related procedures.

  • Conducts market research to stay informed; analyzes and suggests new insurance products and alternative risk financing programs; monitors trends and regulations.

  • Works with MFS insurance broker to set strategy and lead annual renewal discussions. Coordinates with ERM management and business teams to review underwriting needs and provide accurate information to brokers and carriers.

  • Evaluates and recommends strategies to strengthen MFSs insurance risk profile through the development and adoption of updated policies procedures and operational practices as well as enhancements to associated documentation. Identifies and implements improvements to facilitate the effective administration of all aspects of MFSs insurance programs.

  • Serves as the primary contact for insurance matters provides guidance across MFS and manages all financial aspects of the insurance program.

  • Collaborates with MFS Legal Department with respect to insurance investigations negotiations settlement and recovery of claims.

WHAT WE ARE LOOKING FOR

• Bachelors degree or equivalent work experience.

• Relevant work experience in risk (enterprise operational vendor or IT risk) investment management financial services or industry-related compliance.

• Demonstrated experience with global operational resilience regulations e.g. DORA and UK Operational Resilience and best practices

• Possesses practical expertise in reviewing evaluating designing and implementing corporate insurance programs ensuring robust knowledge retention for ongoing professional development.

• Strong analytical skills with a proven ability to work independently and synthesize complex information.

• Strong project management and organizational skills including the ability to complete projects and reports within communicated deadlines

• Excellent communication and interpersonal skills capable of working with all levels of management and collaboratively across team and departmental boundaries.

• Some periodic travel domestic and international may be required.

• In-depth knowledge and hands on experience using Archer GRC preferred

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