Risk Manager - Mercer Super

Marsh & McLennan Companies; City of Melbourne; Hybrid; AUD 90,000 - 120,000; Full time

Job summary

A global risk management company is seeking a Risk Manager to oversee risk management activities across the organization. The successful candidate will implement the Risk Management Framework, enhance communication on compliance matters, and foster a culture of continuous improvement within a dynamic and inclusive environment. Candidates should possess tertiary qualifications and 2-3+ years of risk advisory experience, preferably in superannuation.

Benefits

Professional development opportunities

Dynamic and inclusive environment

Collaboration with industry-leading professionals

Qualifications

• 2-3+ years of experience in risk advisory, ideally in the superannuation sector.
• Solid track record in risk management within financial services.
• Ability to manage multiple priorities in a team environment.

Responsibilities

• Oversee control assurance activities for effective risk mitigation.
• Support the implementation of the Risk Management Framework.
• Coordinate risk reporting to the Board and Management Committees.

Skills

Risk management principles

Communication skills

Critical thinking

Team collaboration

Education

Tertiary qualifications in a business-related discipline

Job description

We are seeking a dedicated Risk Manager to join our Risk and Compliance team at Mercer Super. This vital role supports the Head of Risk in overseeing risk management activities across the organisation, ensuring alignment with regulatory requirements and organisational objectives.

Risk Manager – Mercer Super

At Mercer Super, we’re embarking on a significant uplift and transformation of our risk management framework. The Mercer Super Board has an ambitious vision for the fund, and the program we are undertaking will begin making this vision a reality by strengthening the foundations and enhancing capacity and capability. We are building a future that is resilient, safe, and ready—for our members, our colleagues, our business partners, and each other.

We don’t settle for “good enough” — we ask what better looks like, every day. If you’re driven by purpose and ready to make an impact, this is your moment. You’ll join a team that sets high standards, is humble, believes in its people, and is building while managing business-as-usual work concurrently. We’re looking for individuals who care about doing what’s right and who want to help shape the next chapter of risk and compliance with us.

Responsibilities

• Review and challenge Mercer Super Business Unit risk profiles and risk-in-change assessments.
• Oversee control assurance activities and undertake Line 2 controls assurance to ensure effective risk mitigation.
• Support the implementation of the Risk Management Framework, assisting business units in executing their risk management duties, including risk profiling and incident management.
• Support policy review and ownership, ensuring policies are current and aligned with regulatory and organisational standards.
• Coordinate Line 2 risk reporting to the Board and Management Committees, enhancing the standard of reporting and ensuring timely and accurate information flow.
• Engage with key stakeholders across Mercer Super to facilitate effective communication and collaboration on risk management and compliance matters.
• Foster a culture of continuous improvement, supporting the integration of risk management practices throughout Mercer Super.

Requirements

• Tertiary qualifications in a business-related discipline.
• 2–3+ years of experience in risk advisory, preferably within the superannuation sector or institutional investment organisations, with a solid track record in risk management.
• Good understanding of risk management principles and their application within a financial services context, particularly in superannuation.
• Ability to work collaboratively in a team environment and manage multiple priorities.

Preferred Qualifications

• Knowledge of risk assessments, control implementation, and assurance activities, enabling effective oversight and assurance of risk management.
• Excellent written communication skills, with the ability to prepare clear reports and engage effectively with stakeholders.
• Strong critical thinking abilities and attention to detail, with the capacity to support change initiatives while collaborating with various stakeholders.

Benefits

• Be part of a dynamic and inclusive environment where you can make a meaningful impact on risk management practices within Mercer Super.
• Collaborate with industry-leading professionals and contribute to the strategic objectives of the organisation.
• Enjoy opportunities for professional development and career progression within a global network.

If you are ready to take on this exciting challenge and enhance Mercer Super’s risk management practices, we want to hear from you!

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.