Operational Risk Manager recruitment
The Operational Risk Manager will ensure that control assurance reviews are properly conducted and findings are communicated to BORM North America and local management.
This person will be responsible for supervising the work of risk analysts during periodic reviews of the operations of the business. This person also provides guidance and development to the analysts as appropriate. Directly handles risk areas of a more complex or sensitive nature. The position will play a key role in assisting the business in identifying operational risks, assessing adequacy of controls to manage such risks and contributing to the continual improvement of the risk management framework. The role entails presenting results and recommendations of reviews to various levels of management. Coverage of the function encompasses business units and divisions under MFG Macquarie Investment Management North America umbrella.
The team's work crosses all business unit functional area lines and, as a result, requires staff members to acquire an in-depth knowledge, understanding, and appreciation for the inter/intra-relationships of each operating area. A high level of professional and technical (risk/auditing/technology) expertise is required. Manager will be responsible for coordinating and supervising the daily activities of the analysts during on-site operational risk reviews of the business. Ensures that reviews are properly conducted and completed in accordance with the annual plan, is supervised, their work is reviewed and follow-up work is performed when appropriate.
Key responsibilities:
Responsible for monitoring and analyzing risk processes and policies ensuring program is compatible with the enterprise risk management framework. Directly handles risk areas of a more complex or sensitive area. Applies appropriate procedures to the areas reviewed to ensure that key controls are designed, documented, regularly tested, and all significant risks are addressed. Actively participates in controls assurance planning. Helps to define project scope, timeframe and review program for approval. Balances and completes several tasks areas simultaneously. Plan and supervise targeted risk review engagements, working within the parameters of the department's annual plan using budget hours allocated by Management. Formulates appropriate conclusions regarding the adequacy of internal controls and procedures based on the work performed and knowledge of other operations in the business. Prepares clear and well-organized review workpapers that appropriately document the work performed. Writes clear and meaningful risk comments and recommendations. Interacts with all levels of management and Company employees. Coordinates and conveys review findings persuasively and confidently in meetings with management. Writes performance evaluations for analysts at the conclusion of projects. Provides input to management during the annual talent review evaluation process.
Education/Experience Requirements
- Bachelor's Degree in accounting, finance, computer science, or related discipline. CPA, CIA, CISA, or similar designation preferred.
- Experience in the asset management industry preferred.
- Candidate must have a minimum of 5-7 years of experience in internal auditing, operational risk management, and/or public accounting covering financial services clients.
- Candidate must possess strong oral/written communication skills, be able to interact with all levels of personnel, be self-motivated, have excellent organizational and time-management skills, and must be flexible and reliable.
- The Manager must have strong research, analysis, and problem-solving abilities. Travels approximately 10% of the time.
Macquarie Funds Group (MFG) is Macquarie Group's funds management business. MFG is a full-service asset manager, offering a diverse range of capabilities and products including infrastructure and real asset management, securities investment management and structured access to funds, equity-based products and alternative assets. The group had $US338.85 billion in assets under management as at 31 March 2012. MFG has been managing assets for pension funds, institutions and retail investors since 1980 in Australia and 1929 in the US (through Delaware Investments). MFG has global reach, with a team of over 1,400 staff located in over 20 countries including Australia, Asia, the UK, Europe and the US. MFG has the following business divisions: Macquarie Investment Management, Macquarie Infrastructure and Real Assets, Macquarie Specialised Investment Solutions.
Macquarie is an equal opportunity employer (M/F/D/V).