Risk Advisory Manager – Functions

We are currently seeking a talented individual to join our MMC Risk and Compliance team as the Risk Advisory Manager – Functions. This role can be based anywhere in Australia. This is a hybrid role that has a requirement of working at least three days a week in the office.

Risk Advisory Manager - Functions

At Marsh McLennan, we’re bolstering the risk and compliance capability needed to support a future that’s resilient, safe, and ready – for our members, our clients, our colleagues, our business partners, and each other. In a world of constant change, risk and compliance are more than frameworks – they provide the confidence, clarity, and control to act decisively, and do the right thing. With strong foundations in place, we’re focused on growing capability, lifting capacity, and creating a future-ready ecosystem where our colleagues feel supported to step up and speak up. We don’t settle for good enough — we ask what better looks like, every day.

If you’re driven by purpose and ready to make an impact, this is your moment.

You’ll join a team with momentum, humility, and a deep belief that better decisions start with great colleagues.

We’re looking individuals who care about doing what’s right, and who want to help shape the next chapter of risk and compliance with us.

The primary purpose of this role is to provide advice and oversight of the business’s strategic and operational implementation and associated risk-taking activities in respect of Mercer’s functional lines of business, including Human Resources, Finance and Workforce Solutions.

We will count on you to:

Cultivate a culture of risk awareness by leading initiatives to enhance governance, risk, and compliance skills across the business.

Provide oversight and monitoring of first-line risk and business teams, ensuring accurate risk assessments and adherence to global policy requirements.

Analyze risk data from internal and external sources to identify emerging risks and areas for improvement, promoting continuous enhancement of the internal control environment.

Prepare and present concise risk and compliance reports for management and related boards, coordinating cyclical risk activities across the portfolio.

Actively contribute to the development of frameworks, tools, and processes required for effective risk management and forecasting.

What you need to have:

University-level qualifications in business management or equivalent.

3-5 years of experience in a risk, compliance, or legal role, particularly related to functional lines of business within a regulated financial services environment.

Strong understanding of risk management principles and compliance frameworks, with the ability to provide strategic advice to the business.

Excellent written and verbal communication skills, with the capability to engage effectively with boards and senior management.

What makes you stand out:

Experience in analyzing data and preparing comprehensive reports on risk profiles and compliance plans.

Ability to manage deliverables in a fast-paced environment with changing priorities and demands.

Strong technical skills in risk, compliance, and legal matters, with a focus on developing a strategic risk perspective.

A proactive approach to continuous improvement and a commitment to fostering a collaborative team culture.

About us:


Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than +0,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person. Read more