Description and Requirements
Role Value Proposition:
The purpose of this position is to drive a proactive risk management culture within Retirement and income Solutions (RIS), by advocating for the self-identification of issues and promoting knowledge sharing. The role serves as the central point of contact for RIS' operational risk ecosystem, ensuring that risks are appropriately documented, rated, and managed through effective controls. By owning and quarterbacking Operational Risk Assessments (NFRAs), the position strategically prioritizes risks and guides the business in their identification and rating, while also reviewing and challenging controls.
This role resides within the Retirement and income Solutions (RIS), which is a critical component of MetLife's broader risk management framework. The RIS division operates at a significant scale, overseeing complex processes and functions that are integral to the company's operations. The role collaborates closely with the business and Risk Management team to ensure a cohesive approach to risk management across the organization.
Key Responsibilities:
- Drive proactive risk management culture through advocating self-identification of issues and knowledge sharing.
- Serve as the central point of contact for RIS' operational risk ecosystem and partner with the business and Risk Management team to ensure risks are appropriately documented and rated, and that effective controls are in place.
- Own and quarterback Operational Risk Assessments (referred to at MetLife as Non-Financial Risk Assessments or NFRAs) for RIS, taking a strategic and risk-based approach to prioritization; Guide the business in identifying and rating risks and perform control review and challenge.
- Develop monitoring plans, quality and performance criteria for complex processes and functions.
- Draft quality and standard operating procedure documents.
- Preparation, review and rationalization of metrics and diagnostic reports.
- Develop risk mitigation strategies, including diagnostics, and partner with the Operations team and business to build and implement.
- Coordinate logistics for Non-financial Risk Committee (NFRC), prepare minutes and action items. Assist in the preparation of VP's meeting materials.
- Tracking and reporting of RIS regulatory change management procedures, coordination of meetings and collaboration and engagement of SMEs and functional partners as required. Ensure procedures are applied and updated.
- Provide assistance on special projects, as required.
Essential Business Experience and Technical Skills:
- Critical and analytical thinking, ability to anticipate issues and proactively address.
- Strong written communication and presentation skills; ability to communicate complex concepts with brevity. Attention to detail.
- Ability to work on multiple projects / matters concurrently and prioritize as required
- Ability to review NFRAs and develop targeted testing plans, quality and performance criteria for complex issues, and oversee tactical execution.
- Strong organizational and governance skills.
- Compliance mindset; understanding of regulatory processes; strong collaboration and communication.
- Knowledge of RIS operational systems or ability to quickly develop the same.
At MetLife, we're leading the global transformation ofan industry we've long defined. United in purpose, diverse in perspective,we're dedicated to making a difference in the lives of our customers.
The salary range for applicants for this position is 103100 - 137400.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2024 Fortune 100 Best Companies to Work For ®, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
Equal Employment Opportunity/Disability/Veterans
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
103100 - 137400
#BI-Hybrid
What We Do
Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong. Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.
Why Work With Us
At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.
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Employees engage in a combination of remote and on-site work.
MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together