Risk Officer – Enterprise Risk Management & Investment Risk
About The Position
Mesirow is seeking an experienced and highly motivated Risk Officer to lead and enhance our firm's Enterprise Risk Management (ERM) framework while providing independent oversight of investment and portfolio risks across our institutional asset management and capital markets businesses. This role will be responsible for identifying, assessing, monitoring, and reporting risks across the organization, including strategic, operational, regulatory, technology, cybersecurity, business continuity, and investment risks. The successful candidate will work closely with senior leadership, compliance, operations, technology, legal, and internal committees to strengthen the firm's overall risk culture and governance. This position offers an opportunity to build upon an established risk framework while helping shape the firm's long-term risk strategy.
Requirements
- Bachelor's degree in Finance, Economics, Accounting, Risk Management, Business, Mathematics, or a related field.
- 5-10 years of experience in enterprise risk management, investment risk, operational risk, or a related field within asset management, banking, insurance, or financial services.
- Strong understanding of institutional asset management and investment products.
- Experience with Enterprise Risk Management frameworks.
- Knowledge of portfolio risk measurement techniques.
- Excellent analytical, communication, and presentation skills.
- Strong project management and organizational abilities.
- Ability to influence stakeholders across multiple business functions.
Nice To Haves
- Master's degree (MBA, MS Finance, or related field).
- Professional certifications such as: FRM (Financial Risk Manager), CFA (Chartered Financial Analyst), PRM (Professional Risk Manager), CRM or equivalent risk management certification.
- Experience with foreign exchange, derivatives, overlay strategies, or multi-asset portfolios.
- Experience implementing or administering Governance, Risk & Compliance (GRC) platforms
Responsibilities
- Maintain and continuously improve the firm's Enterprise Risk Management (ERM) framework.
- Facilitate firm-wide risk assessments and maintain the enterprise risk register.
- Identify, evaluate, and monitor strategic, operational, financial, regulatory, technology, vendor, and reputational risks.
- Develop and monitor Key Risk Indicators (KRIs) and risk appetite metrics.
- Prepare quarterly risk reports for executive management and the Board.
- Coordinate periodic risk assessments with business units across the firm.
- Monitor emerging risks and industry developments affecting the firm.
- Oversee the firm's incident management and risk event reporting process.
- Assist with regulatory examinations and due diligence requests relating to risk management.
- Provide independent oversight of investment risks across investment strategies.
- Monitor portfolio exposures, leverage, liquidity, counterparty, concentration, market, and currency risks.
- Develop and maintain investment risk reporting and dashboards.
- Review portfolio risk relative to client guidelines and investment mandates.
- Partner with portfolio managers to understand evolving investment risks while maintaining independent oversight.
- Perform stress testing and scenario analysis across investment portfolios.
- Evaluate new investment products, strategies, and trading activities from a risk perspective.
Benefits
- Opportunity for a bonus
- Mesirow benefit program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
