Manager, Operational Risk Management, Private Markets
Job Overview
Job title: Manager, Operational Risk Management, Private Markets
Job description: Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
Job Description
The Manager, Operational Risk Management of Manulife/John Hancock Investment Management Private Markets/ GA, will be responsible for assisting the Director, Operational Risk Management of Manulife / John Hancock Investment Management Private Markets/ General Account with their mandate to design, implement and execute an effective risk governance and management program, and with overseeing operational risk mitigation activities within the Private Markets division of the Global Wealth and Asset Management segment and the General Account.
Among other duties, the successful candidate will assist the Risk team with the following key responsibilities:
Support/ deliver to facilitate the effective implementation of an operational risk framework within the Manulife Investment Management Private Markets/ GA segments.
This will include the following:
- Support the Risk and Control Self-Assessment process: documentation of key risks and controls and development of action plans to remediate control gaps, as needed
- Contribute to the development of Key Risk Indicators to track identified risks
- Collect, review, and remediate internal and external risk incidents/ loss events, ensure they are addressed timely, including root cause analysis – Change management initiatives
- Identify emerging risks to strengthen risk oversight
Assist in the collection of information from the business to prepare reporting to risk committees, management and executive teams as well as other key stakeholders such as regulators and the board of directors
Review and analyze risk data to assess the risk exposure within the various business units across Manulife Investment Management Private Markets/ GA while working to improve reporting
Support the design and implementation of reporting processes to satisfy risk framework elements, and provide meaningful information to business
Support the development of a strong risk culture and work with the business to reinforce accountability and transparency across the organization
The ideal candidate will have expertise in the asset management industry across various asset classes relevant to the business they support, which may include private equity and credit, real estate, mortgages, derivatives, fixed income and equities, with knowledge of various vehicle types such as open-ended and closed-ended funds as well as separate accounts. In addition, the candidate will have relevant experience to support the design, implementation and/or execution of the Operational Risk Management framework for a large financial institution.
The ideal candidate will possess the following attributes:
A seasoned risk professional with 4 – 5 years of risk management, operations, finance and/or audit experience
Strong working knowledge of private asset classes, the wealth and asset management industry and familiarity with the current regulatory environment and the risks facing Financial Institutions’
Thorough understanding of ORM concepts and practices (Risk and Control Self Assessments, Risk Indicators, Risk events, Scenario analysis)
A strong moral compass and a commitment to high ethical standards
Strong collaboration and teamwork skills with the ability to build effective working relationships to drive results
Ability to independently manage multiple, conflicting priorities and deliver a quality result within tight deadlines
Ability to synthesize complex information from various sources, identifying key points and issues
Strong analytical and creative problem-solving skills and the ability to collaborate with others to implement new solutions
Expertise in developing and managing segment wide information gathering, storage, analysis, and reporting processes
Excellent verbal and written communication skills, including ability to articulate complex technical issues
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If you are ready to unleash your potential, it’s time to start your career with Manulife/John Hancock.
About John Hancock and Manulife
John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at .
One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including , , , , and . Additional information about John Hancock may be found at .
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact .
I I I I I
Company: Manulife
Expected salary:
Location: Toronto, ON
Job date: Wed, 24 Nov 2021 00:52:13 GMT
Job Source: Careerjet.ca