Director, Risk Management

Brookfield Asset Management; London; On-site; GBP 150,000 - 200,000; Full time

Job summary

An established industry player is seeking a Director for their Risk Management team within the Private Equity business. This pivotal role involves collaborating with portfolio companies to enhance performance and manage risks effectively. The ideal candidate will have a strong background in risk management and ESG frameworks, along with excellent analytical and communication skills. This position offers a unique opportunity to grow within a dynamic environment focused on long-term success and sustainability. If you thrive in fast-paced settings and are passionate about driving value through effective risk management, this role is perfect for you.

Qualifications

• 7-10 years of experience in risk management and internal controls.
• Strong analytical skills and ability to adapt in a fast-paced environment.

Responsibilities

• Support development and implementation of ESG and risk management programs.
• Prepare risk presentations and manage ESG KPIs across portfolio companies.

Skills

Risk Management

ESG Frameworks

Analytical Thinking

Communication Skills

Problem-Solving

Leadership

Interpersonal Skills

Education

ACA or ACCA

Bachelor's Degree

Tools

PowerPoint

Excel

Job description

Location

London - One Canada Square, Level 25

Business - Private Equity

The Brookfield Private Equity Group has a 20-year track record of consistently generating strong investment performance. Leveraging its deep experience as a long-term owner and operator of world-class assets and businesses, the team is focused on acquiring high-quality businesses with barriers to entry and enhancing their cash flow capabilities by improving strategy and execution. The private equity group has over $131B of assets under management, with an integrated team of investment and operational professionals located in key regions around the world. Investors can participate in the growth of our industrial and services businesses through our publicly listed vehicle, Brookfield Business Partners, or through our private funds. Our flagship global private equity fund, Brookfield Capital Partners VI, is currently raising its sixth fund and has a diverse group of institutional partners from around the globe. Brookfield Business Partners is listed on the New York and Toronto stock exchanges (NYSE: BBU, TSX: BBU.UN). For more information, please visit our website at https://bbu.brookfield.com.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Position Summary:

The Director will join the Risk Management team within the Private Equity business group, reporting directly to the Vice President and dotted line to the Senior Vice President. The objective of the team is to partner effectively with our portfolio companies and internal stakeholders to drive performance, generate value, and act as a trusted resource on risk management matters. Internal stakeholders include our finance, legal, deal, portfolio management, and investor relations teams.

The Director will work closely with the Vice President and Senior Vice President and be responsible for assisting with developing, maintaining, and overseeing Brookfield Private Equity enterprise risk management and ESG programs across our portfolio of global businesses. This role provides the foundation, guidance, and exposure towards a successful and challenging career, including potential to grow within the Risk & ESG team and within the broader Brookfield team. The successful candidate will be a self-starter that enjoys working in a fast-paced environment, has excellent interpersonal skills, possesses a high degree of intellectual curiosity, and has a strong foundation in analytical thinking.

Responsibilities

Support the Vice President in the development, implementation, and maintenance of ESG, risk, and other key risk management programs across portfolio companies.

Risk Management Specific Responsibilities:

• Prepare quarterly and annual risk presentations, covering anti-bribery and corruption, cybersecurity, health & safety, ESG, climate, and catastrophic risk for Brookfield senior management and our Board.
• Assist in overseeing key risk management programs across the Private Equity Group, including anti-bribery and corruption, ESG, internal control over financial reporting, etc.
• Support with internal control assessment at the portfolio company level.
• Support review of risk registers across portfolio companies during the business planning process.
• Support the onboarding and integration of new acquisitions into Brookfield's risk management programs.
• Support the business partners in executing the Group’s portfolio governance processes, including monitoring programs such as anti-bribery and corruption, internal control over financial reporting, compliance, and board governance.
• Strategic ad-hoc analysis and special projects as required.

Sustainability Specific Responsibilities:

• Take responsibility for ESG management including managing, analyzing, presenting, and monitoring ESG KPIs.
• Monitor Corporate Sustainability Reporting Directive (“CSRD”) reporting requirements and developments and review portfolio company disclosures.
• Prepare quarterly and annual reports for public and private fund investor purposes, including annual ESG Reports.
• Frequent communication with portfolio company finance teams and with public and private fund finance teams to support investor relations, regulatory compliance reporting, board reporting, and ESG initiatives.
• Research and communicate evolving ESG frameworks, networks, and regulations and synthesize the information for the portfolio management team.
• Manage, analyze, and monitor greenhouse gas emissions inventory and forecasting for Brookfield Private Equity.
• Assess and validate climate-related risks and opportunities for each portfolio company.
• Manage, analyze, and monitor health & safety related incidents on a quarterly basis for reporting.

Requirements:

• 7-10 years’ experience preferred in internal controls, audit, risk management, ESG frameworks.
• Experience working on CSRD would be advantageous but not a requirement.
• ACA or ACCA preferred, audit firm experience as well as industry experience with a proven track record of high performance.
• Preference will be given to candidates with experience in internal control over financial reporting programs.
• Demonstrated leadership ability and is a team player, willing to always support the team as well as work with autonomy where required.
• Strong communication skills (oral and written) and interpersonal skills.
• Excellent analytical and problem-solving ability; willingness to “dive into the details.”
• Ability to adapt to change in a fast-paced environment.
• Strong PowerPoint and Excel skills, including the ability to review and update financial models and prepare high-quality presentations.
• Please note sustainability-specific expertise can be developed within the role, with support from the existing team.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence, or harassment. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position; however, only candidates selected for pre-screening will be contacted.