THE ROLEThe Compliance Lead Specialist serves as a senior Investment Compliance resource, providing guidance and subject matter expertise on regulatory and client guideline requirements and partnering across MFS to assess complex matters, resolve issues, and strengthen compliance practices.
WHAT YOU WILL DO- Interpret and translate client and regulatory requirements into actionable monitoring controls; oversee daily trade activity and periodic account reviews to confirm requirements are accurately implemented and operating effectively within the Firm's guideline monitoring system.
- Investigates and resolves potential compliance breaches, including determining root cause and impact, documenting conclusions, escalating material matters, and recommending corrective and preventive actions.
- Participate in departmental initiatives with new or existing workflows/processes to ensure applicable goals are met within regulatory, internal and other frameworks.
- Own assigned business relationships by providing timely, risk-based compliance advice, clearly communicating requirements and decisions, and meeting established service-level and quality standards.
- Assist with the research of regulatory issues and provide appropriate advice and guidance to internal stakeholders to assist in achieving and maintaining compliant operations and processes.
- Become proficient and follow all applicable departmental policies and procedures.
- Keep abreast of and communicate changes in regulatory rules, guidelines and interpretations affecting compliance.
- Participate in compliance related projects and initiatives and work with relevant colleagues within the wider Compliance team, where required.
- Support other global initiatives/functions as required in assigned region.
WHAT WE ARE LOOKING FOR- Bachelor's degree or equivalent years of experiencepreferably 5-6+ years with at least 4 years related investment management, financial services or industry related compliance experience.
- Excellent interpersonal, organizational, communication, customer-service, team working and problem- solving skills. Must be able to write effectively, and present research, analysis and conclusions in a persuasive manner.
- Experience in multi-tasking and able to prioritize according to business need.
- Proven ability to develop and foster strong interpersonal relationships and to maintain effective cross-functional teams throughout the organization.
- Strong attention to detail is essential.
- Good business judgement and the ability to handle challenges while maintaining a professional approach to problem solving.
PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE- CRD experience.
- Fixed Income and Derivatives knowledge a plus.
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Base Salary Range: $79,000.00 - $113,000.00This position is eligible for competitive incentive bonus.
At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include:
- MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
- Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
- Education Assistance: Tuition reimbursement up to $8,000 annually
- Education Assistance: Access to discounted tutors and college coaches
- Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
- Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
- Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
- Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps
Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them
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MFS is a
hybrid work environment (remote/onsite) unless otherwise stated in the job posting.
