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.

THE ROLE

The Enterprise Risk Business Partner plays a significant role in the execution of the MFS enterprise risk framework by serving as the primary risk liaison for designated business units to assist in proactively identifying and addressing issues and weaknesses that could lead to unacceptable outcomes. This is achieved by establishing strong relationships with business line risk owners, performing annual and targeted risk assessments, and driving discussions around risk mitigation activities. This role ensures that management is supported to make informed and intelligent risk-based decisions in accordance with MFS risk appetite and in alignment with the firm\'s strategic objectives.

WHAT YOU WILL DO

• Direct and advise designated business units with respect to the implementation of MFS\' enterprise programs and related issues that periodically arise.
• Facilitate the risk and control self-assessment (RCSA) program to identify risk exposure and gaps within business processes and controls.
• Conduct targeted risk assessments (TRAs) on an as needed basis to provide an independent and focused observation and inquiry-based evaluation of the risk and/or control environments associated with a specific business activity.
• Perform incident triage to assist the business in remediating impact, recording of incident details and proper escalation.
• Partner with the business to document recommendations and action plans resulting from risk assessment programs and recommend mitigation strategies to reduce risk exposure.
• Evaluate key initiatives to develop a detailed understanding of the impacted processes and manage the assessment of risk impact and potential level of control required.
• Provide feedback to Senior Management on process improvement and risk mitigation opportunities.
• Participate in relevant forums, stakeholder meetings and/or conduct workshops to promote a risk aware culture.
• Provide effective challenge to help identify risks that could result in reputational, strategic, operational, financial, regulatory and/or talent impact to a specific program/initiative, business unit and/or the firm.
• Prepare and present results of assessments in meetings and reports and develop risk analysis reporting and presentations as needed for MFS Committees and senior management.

WHAT WE ARE LOOKING FOR

• Bachelor\'s degree or equivalent work experience.
• Must have at least 6-8+ years of work experience in risk (enterprise or operational), investment management, financial services, internal audit, or industry related compliance.
• Demonstrated experience with enterprise and/or operational risk assessments and best practices.
• Ability to work independently with limited direction and guidance, manage multiple programs simultaneously and take initiative.
• Proven analytical skills with ability to synthesize complex information and develop creative solutions to problems.
• Excellent communication and interpersonal skills with the ability to interact with individuals at all levels of the organization in a consultative role.
• Some periodic travel, domestic and international, may be required.

PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE

• In-depth experience serving as a risk professional in investment management with a focus on portfolio management and trading.
• Experience with Governance, Risk and Compliance (GRC) and data analytics tools preferred.

#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.

Benefits

• Generous time-off provided: including Responsible time off for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
• Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
• Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
• Wellness Programs: Wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub
• Life & Disability Benefits: Company-paid basic life insurance and short-term disability
• Financial Benefits: 401(k) savings plan, Defined Contribution plan - 15% of base salary invested into the Plan, competitive total compensation programs

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. Retaliation in response to complaints is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document for reference.

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