Enterprise Risk Officer

MFS; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Greater London is seeking a Risk Management professional to lead the development of their enterprise risk framework and manage their insurance programs. The role requires a Bachelor's degree, relevant experience in risk management or compliance, strong analytical and project management skills, and familiarity with Archer GRC. This position offers a hybrid work environment and focuses on enhancing organizational resilience across departments.

Benefits

Competitive benefits programs

Family-friendly policies

Work-life balance support

Qualifications

• Relevant work experience in enterprise risk, investment management, or compliance.
• Demonstrated experience with global operational resilience regulations e.g. DORA.
• Possesses expertise in implementing corporate insurance programs.

Responsibilities

• Lead the development of the enterprise risk framework.
• Manage the global resilience testing program and collaborate across departments.
• Conduct market research and manage MFS insurance programs.

Skills

Strong analytical skills

Project management

Communication skills

Interpersonal skills

Experience with Archer GRC

Education

Bachelor's degree or equivalent work experience

Tools

Archer GRC

Job 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.

Job Description

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

What we offer :

At MFS we view our employees as family and like you we want our family happy and healthy. That’s why we provide competitive benefits programs and family‑friendly policies which support the work‑life balance needs of our employees.

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 or email 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.

Employment Type: Full‑Time

Experience: years

Vacancy: 1