Comprehensive Assurance Manager

4 Hours ago • 1-2 Years

Job Summary

Job Description

This role, based in either Sydney or Melbourne, involves assessing and evaluating the effectiveness, efficiency, and consistency of Mercer and Marsh R&C policies and key entity-level controls over material risks and compliance obligations. The role requires understanding the business and engaging with stakeholders. Responsibilities include developing and executing assurance programs, identifying process inefficiencies, documenting observations and recommendations, and preparing risk and compliance reports. It also involves supporting the implementation of a GRC system and completing ad-hoc tasks.
Must have:
  • Experience in a risk, compliance, legal, or audit role within financial services.
  • Experience working in a regulated financial services business.
  • Understanding of Risk and Compliance frameworks.
  • Ability to analyze data and prepare reports.
  • Strong written and verbal communication skills.
  • Ability to engage and build rapport.
  • Change management and agile working mindset.
Good to have:
  • Experience working within the financial services industry

Job Details

Company:

MMC Corporate

Description:

We are seeking a talented individual to join our Risk and Compliance team at Marsh McLennan. This role will be based in either our Sydney or Melbourne office. This is a hybrid role that has a requirement of working at least three days a week in the office.

Manager – Comprehensive Assurance

At Marsh McLennan, we’re bolstering the risk and compliance capability needed to support a future that’s resilient, safe, and ready – for our members, our clients, our colleagues, our business partners, and each other. In a world of constant change, risk and compliance are more than frameworks – they provide the confidence, clarity, and control to act decisively, and do the right thing. With strong foundations in place, we’re focused on growing capability, lifting capacity, and creating a future-ready ecosystem where our colleagues feel supported to step up and speak up. 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 with momentum, humility, and a deep belief that better decisions start with great colleagues.

We’re looking individuals who care about doing what’s right, and who want to help shape the next chapter of risk and compliance with us.

Reporting to the Lead Senior Manager, Comprehensive Assurance, this role is responsible for assessing and evaluating effectiveness, efficiency and consistency in implementation of relevant Mercer and Marsh R&C policies, and key entity level controls over material risks and compliance obligations. 

Critical to these responsibilities is the ability to understand the business and ensure strong engagement with both key internal and external stakeholders. 

We will count on you to:

Monitoring & Oversight (75%) 

  • Develop an understanding of the business model, strategy, risk appetite, and risk profile, as well as the external environment. 

  • Contribute to evolving the Line 2 monitoring and oversight (‘assurance’) program, ensuring it remains aligned to strategic objectives, material risks/obligations, and industry emerging risks. 

  • Execute Line 2 comprehensive assurance activities in accordance with agreed terms of reference:  objective, scope, methodology, and timing.  The scope of activities may extend both within and across Practices and Support Functions. 

  • Assist (as required) executing Line 2 risk and control assurance in accordance with agreed terms of reference. 

  • Maintain appropriate tools and operating procedures in relation to Line 2 assurance activities. 

  • Identify inefficiencies in processes (both Business and R&C), and recommend necessary action to implement productivity improvement(s). 

  • Document fact-based observations and (actionable) recommendations, supported by appropriate rationale and evidence. 

  • Document concise and meaningful professional risk and compliance reports for relevant management and board level risk forums and committees.  

  • Track and monitor resolution of issues arising from Line 2 assurance activities.  

Strategy, Priorities & People (25%) 

  • Assist in: execution of tasks associated with priorities and work plans for the Pacific R&C function. 

  • Development of frameworks, tools, systems and processes required for the organisation to effectively manage and forecast risks. 

  • Complete ad-hoc activities and tasks, as required at the request of the Head of Monitoring & Oversight. 

  • Support the implementation of a GRC system through proactive participation and contribution of SME experience and knowledge. 

  • Executing all tasks assigned diligently, on schedule, and to the highest standard. 

What you need to have:

  • Ideally at least 1-2 years working in a similar risk, compliance, legal and/or audit role a financial and/or professional services environment related to superannuation, managed investment schemes, custodian arrangements, funds management or investments.   

  • Experience working in or providing services to a regulated financial services business, with an ability to interpret and apply associated legislative requirements. 

  • Sound understanding and ability to operate within Risk and Compliance frameworks, including the ability to consider risk strategically and take a commercial approach to compliance when required. 

  • Ability to analyse data and collate and prepare observations / reports in relation to risk profiles, compliance plans, statutory requirements, incidents, audit, and complaints data. 

  • Strong written and verbal communication, with foundation capability of providing executive level information. 

  • Demonstrated ability to engage and build rapport. 

  • Change management and agile working mindset. 

What makes you stand out:

  • Experience working within the financial services industry

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

About us:

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.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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