Operations Risk Specialist

7 Minutes ago • 3 Years + • Risk Management • $54,000 PA - $108,000 PA

Job Summary

Job Description

Mercer is seeking an Operations Risk Specialist for its US Investment Solutions team. This hybrid role, based in New York City, Boston, King of Prussia, or St. Louis, requires three days in-office. The specialist will support the Risk Manager, strengthening the first line risk function and enhancing the risk management program. Responsibilities include facilitating incident management, supporting risk reporting, assisting with process documentation, conducting control reviews, and aiding audits. The role involves collaborating with teams to improve risk practices and developing training. Ideal for detail-oriented individuals passionate about risk management.
Must have:
  • Assist in facilitating the incident management process, following up on status update, collaborating with the business teams to ensure remediation, and preparing management reports as needed.
  • Provide administrative support on Operational Risk Committee and risk related reporting.
  • Assist business teams on process and procedure documentation, which should capture the controls pertaining to key processes.
  • Participate in development of risk/control workshops and training.
  • Conduct periodic review of control inventories, support business colleagues challenging and educating the effectiveness of these control inventories.
  • Maintain documentation of risk management processes and procedures.
  • Support the business to undergo Compliance monitoring reviews / internal audits
  • Provide support to other risk related projects or ad hoc requests
Good to have:
  • Experience working in audit or financial risk for the investment industry
Perks:
  • Professional development opportunities
  • Interesting work
  • Supportive leaders
  • Vibrant and inclusive culture
  • Career opportunities
  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and other retirement programs
  • Employee assistance programs
  • Hybrid work flexibility

Job Details

Company:

Mercer

Description:

We are seeking a talented individual to join our US Investment Solutions team at Mercer. This role will can be based in New York City, Boston, King of Prussia, or St. Louis, and offers a hybrid work arrangement requiring a minimum of three days per week in the office.

As an Operations Risk Specialist, you will support the Risk Manager and play an important part in strengthening the first line risk function and contributing to the ongoing development and enhancement of the risk management program of US Investment business. You’ll collaborate with various teams to improve risk practices, analyze data to support risk reporting, and other risk management initiatives, assist with audits and compliance reviews, and help develop training and workshops. If you’re detail-oriented and passionate about strengthening risk management, we’d love to hear from you.

We will count on you to:

  • Assist in facilitating the incident management process, following up on status update, collaborating with the business teams to ensure remediation, and preparing management reports as needed.
  • Provide administrative support on Operational Risk Committee and risk related reporting.
  • Assist business teams on process and procedure documentation, which should capture the controls pertaining to key processes.
  • Participate in development of risk/control workshops and training.
  • Conduct periodic review of control inventories, support business colleagues challenging and educating the effectiveness of these control inventories.
  • Maintain documentation of risk management processes and procedures.
  • Support the business to undergo Compliance monitoring reviews / internal audits
  • Provide support to other risk related projects or ad hoc requests

What you need to have:

  • Bachelor's degree
  • 3+ years’ experience in audit, internal controls, and/or compliance
  • Experience with project management
  • Good time management and organizational skills
  • Strong written and verbal communication skills and interpersonal skills
  • Exhibit good attention to details while focused on delivery
  • Good analytical skills

What makes you stand out?

  • Experience working in audit or financial risk for the investment 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 an impact on 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.

The applicable base salary range for this role is $54,000 to $108,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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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