Director - Enterprise Risk

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

Using discretion and judgment, the Director - Enterprise Risk is responsible for the strategic execution and advancement of the MFS risk program. The Director leads a global team of Enterprise Risk business partners dedicated to supporting, challenging, and advising MFS business lines and leaders. Through this team, and individually, the Director ensures that critical risk program components, including the annual Risk & Control Self-Assessment, targeted risk assessments, and risk advisory engagements are completed thoughtfully and timely. The Director leverages deep risk management expertise, strong knowledge of business line and strategic firm priorities, and rigorous talent development capabilities to maximize the value of Enterprise Risk engagements with business lines and leaders.

WHAT YOU WILL DO

• Leads and evolves the risk program to ensure the timely and thorough performance of critical risk management engagements and work that is responsive to strategic business priorities, demands, and issues that periodically arise.

• Sets and models engagement and work product standards within the Risk Program team and with key global stakeholders and business line leaders with whom ERM engages on risk identification and mitigation decisions.

• Leads a global team of risk professionals, provides active coaching, talent management, and skill development opportunities to enhance individual and team performance.

• Enhances information sharing and engagement within ERM, inclusive of sharing observations, trends, anomalies, etc., between the risk program, risk intelligence, operational resilience, and risk reporting.

• Oversees the preparation and presentation of results of targeted risk assessments, the RCSA, and/or other testing or advisory engagements, clearly and concisely in meetings and in reports and develops risk analysis reporting and presentations, as needed, to the MFS committees and senior management.

• Engages and leverages insights from Incident Triage, risk intelligence, resilience, and other risk engagements to identify and set team priorities.

• Assists in the development and presentation of reports and updates to the global Boards, MFS committees, and Sun Life, as appropriate.

WHAT WE ARE LOOKING FOR

• Bachelor's Degree or equivalent work experience leading risk programs. Must have at least 10-15+ years’ work experience in enterprise risk management, investment management, financial services or industry-related compliance experience.

• Significant prior exposure to investment management operations, related rules and regulations and related risk activities is required as is significant direct experience in a risk-related function.

• Within the scope of the function, experience with reviewing, evaluating, designing and implementing corporate risk programs.

• Proven analytical skills. Make independent decisions, develop creative solutions to problems, advocate for same and manage the implementation through to acceptance.

• Assume ownership for the delivery of projects while also operating successfully in a cross-functional, often international, team environment.

• Must drive solutions throughout the organization and present ideas in an effective. Escalate issues and advocate for solutions.

• Thorough understanding of the business operations and practices, procedures and controls specific to the business units supported is required. Must be fully aware of best practices and evolving issues within scope of the position and able to relate same to MFS' operations and practices.

• Strong presentation skills are required. Must be able to present comfortably before large groups (40+).

• Represent MFS at meetings, conferences or related industry events.

• Demonstrated project management skills and the ability to analyze operational effectiveness are required.

• Some periodic travel, domestic and international, may be required.

#LI-JN1

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

#LI-HYBRID

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 [email protected] 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.