Operational Risk Lead Analyst

THE ROLE

Play a significant role in MFS' ongoing business process and technology risk mitigation programs and initiatives to ensure compliance with regulatory requirements, documented internal controls and industry best practices. Review and evaluate business processes, change initiatives and related risks to assess the design and operational effectiveness of management's controls.

You will also have the opportunity to influence our on-going risk & control transformation by collaborating with our process automation team.

his position is considered an individual contributor role and willreports to the Sr. Manager of Operational Risk.

WHAT YOU WILL DO

• Interview various levels of staff and management, review policies and procedures, and review all documentation in any format that might be available about a process to identify any potential internal control weaknesses.
• Develop an overall and a detailed understanding of a process under review. This includes a thorough understanding of the objectives of a process and the objectives of management with responsibility for the process. Identify situations and circumstances in which the actual performance of a process does not match the objectives it is supposed to fulfill.
• Serve as key subject matter expert on control automation initiatives and provide automation support when team is assessing an automated control design.
• Lead the control testing automation pipeline management, responsible for agreeing priorities, escalating any blocks and continuously forecasting the work effort.
• Ensure new business initiatives are reviewed for risk and control compliance.
• Provide liaison function between Operations and Information Technology Management with regulators, external and internal audit.
• Execute periodic internal control reviews of critical business processes and systems.
• Provide support for the design, implementation, reporting and monitoring of Service Level Agreement and Key Risk Indicator metrics to align with management objectives.
• Develop and create solutions for gaps identified. Document understanding and the basis for all recommendations clearly and concisely. Documentation will include the writing of narratives and the creation of charts and maps detailing a process flow.
• Present results of review, clearly and concisely in meetings and in reports.
• Aid in the communication between departments and levels of staff and management with differing perspectives of a process.

WHAT WE ARE LOOKING FOR

MBLI

PDN-9d7ff3a3-d4d9-403f-9c25-36969f836105