Enterprise Risk Business Partner

Enterprise Risk Business Partner

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 Business Partner plays a significant role in the execution of the MFS' enterprise risk framework by serving as the primary risk liaison for designated business units to assist in proactively identifying and addressing issues and weaknesses that could lead to unacceptable outcomes. This is achieved by establishing strong relationships with business line risk owners, performing annual and targeted risk assessments, and driving discussions around risk mitigation activities. This role ensures that management is supported to make informed and intelligent risk-based decisions in accordance with MFS' risk appetite and in alignment with the firm's strategic objectives.

What You Will Do

• Direct and advise designated business units with respect to the implementation of MFS' enterprise programs and related issues that periodically arise.
• 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 the risk and / or control environments associated with a specific business activity.
• Perform incident triage to assist the business in remediating impact, recording of incident details and proper escalation.
• Partner with the business to document recommendations and action plans resulting from risk assessment programs and recommend mitigation strategies to reduce risk exposure.
• Evaluate key initiatives to develop a detailed understanding of the impacted processes(es) and manage the assessment of risk impact and potential level of control existing is required.
• Provide feedback to Senior Management on process improvement and risk mitigation opportunities.
• Participate in relevant 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 impact to a specific program / initiative, business unit and / or the firm.
• Prepare and present results of assessments, clearly and concisely in meetings and in reports and develop risk analysis reporting and presentations, as needed to MFS Committees and senior management.

What We Are Looking For

Preferred Skills, Qualifications & Experience

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.