Compliance Specialist

Key Responsibilities

• Assist the compliance review and approval of materials, ensuring materials comply with current applicable regulatory requirements.
• Assist in drafting new guidelines and procedures. Contribute to the on-going development of compliance manuals and compliance monitoring procedures.
• Assist with communicating guidelines and procedures to all applicable areas. Help communicate new regulatory developments and negotiate implementation of resulting changes in guidelines and procedures.
• Keep abreast of changes in regulatory rules, guidelines and interpretations to appropriate parties. Ensure that all records are maintained in conformity with regulatory form and retention requirements.
• Assist Senior Team Members with educating and informing business partners as necessary as to required revisions, new MFS policies, new regulations, etc.
• Assist the Compliance Lead Specialist with research, delivering of training and communications materials both within the Compliance Department and into the business that provide explanation and insight into a range of compliance issues as required.
• Input data into applicable compliance monitoring systems. Report compliance violations.
• Assist the team with restoring compliance in an appropriate manner.
• Maintain and prepare periodic daily, monthly, and quarterly compliance reports as required.
• Respond to requests for assistance from the business, researching issues, providing advice and guidance as required.
• Participate within cross-functional projects providing Compliance advice and input as required.
• Assume additional responsibilities as needed.

Requirements & Tech Stack

• Proficient in MS Office (Outlook, Word, Excel, PowerPoint).
• Ability to develop proficiency in MFS systems as required.
• Ability to conduct on-line research and to utilize applicable tools.

Qualifications

• Bachelor’s degree or equivalent.
• 0-2+ years of experience.
• Excellent interpersonal, organizational, communication, team-working, and collaboration skills.
• Ability to problem solve with your manager.
• Must be able to write effectively.
• Must be able to present research, analysis, and conclusions in a persuasive manner.
• Demonstrated ability to work effectively with employees and outside parties at all organizational levels.
• Analytical skills with the ability to make thoughtful decisions.

Preferred Skills, Qualifications & Experience

• Prior experience in investment management, financial services, or industry-related compliance preferred.
• Presentation skills and strong writing abilities are preferred.
• Understanding of the business operations and practices, procedures, and controls specific to the business units supported is required.
• Awareness of best practices as well as evolving issues within the scope of the position.