Description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

The Enterprise Risk Lead Specialist serves as a risk liaison for designated business units to assist in proactively identifying and addressing issues and weaknesses that could lead to unacceptable outcomes. By collaborating with members of the Enterprise Risk team and business unit contacts, this role will perform annual and targeted risk assessments and track risk mitigation activities. Perform incident triage, analyze trends and prepare risk reporting for senior management, MFS Committees and Boards. The role may also involve participation in other Enterprise Risk initiatives and projects.

WHAT YOU WILL DO

• Facilitate the risk and control self-assessment (RCSA) program to identify risk exposure and gaps within business processes and controls.
• Conduct targeted risk assessments (TRAs) on an as needed basis to provide an independent and focused observation and inquiry-based evaluation of risk and/or control environments associated with a specific business activity.
• Partner with the business and Enterprise Risk team to document recommendations and action plans resulting from risk assessment programs and recommend mitigation strategies to reduce risk exposure.
• Perform incident triage to assist the business in remediating impact, recording of incident details and proper escalation.
• Analyze incident trends to prepare risk reporting for senior management, MFS Committees and Boards.
• Participate in Regular forums, stakeholder meetings and/or conduct workshops to promote a risk aware culture.
• Provide effective challenge to help identify risks that could result in reputational, strategic, operational, financial, regulatory and/or talent
• Prepare results of assessments and develop risk analysis reporting and presentations, as needed, to business unit and senior management.

WHAT WE ARE LOOKING FOR

• Bachelor's degree or equivalent work experience.
• Must have at least 5-6+ years of work experience in risk (enterprise, operational, vendor or IT risk), investment management, financial services, or industry-related compliance.
• Strong project management and organizational skills, including the ability to complete projects and reports within communicated deadlines
• Proven analytical skills with the ability to make independent decisions and develop creative solutions to problems as appropriate.
• Strong interpersonal and communication skills with the ability to interact with individuals at all levels of the organization in a consultative role.
• Excellent written and verbal communication skills.
• Some periodic travel, domestic and international, may be required.

PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE

• Understanding of internal control concepts and experience in conducting risk assessments preferred.
• Experience with Governance, Risk & Compliance (GRC) and data analytics tools preferred.

Base Salary Range: $76,500.00 - $109,500.00 This position is eligible for competitive incentive bonus.
At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include:

• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.