Enterprise Risk Sr. Specialist

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.

Under the direction of the Senior Enterprise Risk Manager, the Enterprise Risk Sr. Specialist assists in maintaining and enhancing MFS' Enterprise Risk Framework related to risk analysis, mitigation, reporting and the facilitation of certain enterprise-wide programs. Using discretion and judgment, perform risk analysis, reporting and other administrative support for enterprise risk programs and projects related to enterprise risk management.

• Performs data gathering and development of materials for weekly, monthly, quarterly, and annual reporting to management, MFS internal committees, MFS Boards, etc.

• Administers the review, analysis and tracking of investment errors, operational risk events and remediation plans to ensure accurate reporting and timely risk mitigation.

• Analyzes errors and incidents for root cause and perform trending for management.

• Assists with drafting and validating responses to client due diligence questionnaires and requests for proposal regarding MFS risk governance, investment errors and fraud risk.

• Provides support for the firm's insurance program, including responding to client inquiries, insurance waiver requests and administrative support, as needed.

• Provides support for the risk control self-assessment program, including initiation, tracking and summarization of results.

• Provides support for the vendor management program, including analysis, reporting and review of due diligence documentation.

• Provides support for the model risk program, including analysis and reporting.

• Participates in the enhancement of risk technology solution to continue to improve and evolve risk processes.

• Responds to inquiries regarding risk reporting and programs and researching and resolving, as needed.

• Generates ideas for process improvement and process efficiencies, as needed.

• Maintains and develops job aids and/or procedures for ongoing reporting and administrative responsibilities

• Assumes additional responsibilities as requested.

• Bachelor's degree, or equivalent working experience, with 2-5 years of work experience in enterprise, operational or vendor risk or in a compliance or operation role within the financial services industry.

• Strong interpersonal and communication skills with the ability to interact with individuals at all levels of the organization in a consultative role.

• Proven analytical skills with strong ability to write effectively and present research/analysis.

• Must be thorough and detail-oriented, self-motivated, and able to function with high degree of accuracy.

• Must take ownership of delivery of activities while operating in a cross-functional team environment.

• Must have desire to take initiative, as appropriate.

#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.

• 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: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
• 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 for assistance.

MFS is an Affirmative Action and 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 and Pay Transparency Nondiscrimination Provision, linked for your reference.