Head of Risk and DP for Operational Risk (PCF 14 & PCF 39B)

Description :

What can you expect :

The Risk & Compliance function is responsible for the oversight and management of the Enterprise Risk Management framework within Mercer Global Investments Management Limited (“MGIM”), based in Dublin and the function must meet the expectations of multiple stakeholders, including Boards of Directors, the Central Bank of Ireland and front-line business units with the aim of ensuring that risks are appropriately identified, mitigated, managed and monitored.

A key focus of the role will be to perform the PCF 14 and PCF 39B and report directly into the Board of Directors of MGIM. This is a key role in ensuring that the Investments business Enterprise Risk Management function is operating effectively and continuously developing in line with industry best practice and regulatory expectations.

The role holder will work on ongoing developments of the risk management programme and will be responsible for implementation of the framework within the Company. The role will be responsible for performing risk reviews to identify, evaluate and manage key risks impacting the business with a focus on the risks impacting the Company’s business objectives. The role will provide guidance on risk matters, producing regular management information and communicating results and progress on risk initiatives to senior management, the Board and relevant governance committees. The role holder will be a key contact point for risk-related communications with the Central Bank of Ireland.

We will rely on you to :

• Contribute to maintaining a culture of risk throughout the company
• Implement the risk programme within the Company, including : Maintaining the Risk Management Framework including Risk Management Policy, Risk Register and related risk monitoring plan.Managing and continually develop and enhance the Enterprise Risk Management framework and day-to-day risk management processes ensuring it is fit for purpose, meets regulatory expectations and adds real value to the firm. This includes using ERM tools to manage Risk Registers and produce quarterly Risk focused reports for the relevant committees.Develop and implement a Risk Program that includes risk focused reviews on key risk areas and a controls testing program.Identification, evaluation, mitigation, monitoring and reporting of operational risks.
• Responsibility for producing and delivery of comprehensive management information to the Company’s senior management including : The Board of directorsOrganizational Effectiveness DirectorRisk Committees
• Manage / provide support to other risk related regulatory requirements.
• Maintain awareness of risk related regulatory developments and other external risks e.g. geopolitical risk and communicating these as necessary.
• Perform risk reviews and where necessary coordinate reviews with other risk and compliance personnel.
• Support monitoring and oversight reviews (including on-site reviews) of delegates where required.
• Primary responsibility for engagement with the Central Bank of Ireland on risk related matters, external auditors and other external parties (where applicable) for the Company.
• Supporting a range of regulatory driven projects, new product launches and other relevant change programs within the investment businesses.

What you will need to have :

What makes you stand out :

Why join our team :

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 embracing 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, Traveller community, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability / health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at to discuss any specific needs.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.