Compliance Lead Specialist

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

The Compliance Lead Specialist is responsible for the design and implementation of key components of the compliance monitoring program, including forensic testing and data analysis procedures. Reporting directly to the Compliance Officer, the role works closely with Legal, Compliance, Enterprise Risk Management, and business unit stakeholders to develop and execute monitoring procedures, assess results, and establish and track action plans to address identified issues. The role is also responsible for preparing periodic management reports that summarize monitoring activities, procedures performed, results, and related observations.

WHAT YOU WILL DO

MONITORING:

• Provide direction and support for MFS' employees to ensure that MFS' policies and procedures are understood and implemented effectively.
• Perform compliance review and monitoring to ensure all marketing materials meet internal and regulatory requirements.
• Manage assigned business partner relationships by attending status meetings, responding to questions, communicating compliance requirements, and delivering on stated review turnarounds and standards.
• Recommend and draft new guidelines and procedures.
• Maintain and periodically review compliance policies, procedures, and governance materials to ensure they remain current, practical, and aligned with regulatory expectations.
• Handle, prepare, and assist with audit requests and examinations, including coordinating responses and supporting related documentation during the audit process.
• Assess regulatory developments impacting the asset management business and support implementation of related policy, procedure, monitoring, training, or control enhancements.
• Conduct risk-based compliance reviews and control testing, document findings clearly, and support remediation of identified control gaps.
• Coordinate with regional and global Compliance colleagues to support consistent application of compliance standards across jurisdictions and business activities.
• Independently manage assigned projects on behalf of the Compliance Team

TRAINING:

• Provide compliance-related training to personnel related to areas of responsibility.
• Educate and inform assigned business partners as necessary as to required revisions, new MFS policies, new regulations, etc. which impact the business’ compliance materials and plans

REPORTING:

• Lead the design, development and delivery of tools and processes to support management and analytical reporting by designing and maintaining reports and procedures that support the compliance programs.
• Prepare periodic management status reports or presentations on and respond to questions regarding compliance program activities and results.
• Analyze monitoring results, issue trends, and compliance metrics to identify emerging risks and inform management reporting.

WHAT WE ARE LOOKING FOR

• Bachelor's Degree or equivalent 
• Relevant work experience with related investment management, audit, financial services or related industry experience.
• Excellent organization, presentation, problem-solving and communication (verbal and written) skills with strong attention to detail. 
• Strong partnership skills and the ability to collaborate with business units across MFS.
• Good business judgement and the ability to handle challenges while maintaining a professional approach to problem solving. 
• Demonstrated initiative and sound judgment in identifying opportunities, addressing issues proactively, and driving assigned responsibilities through completion.
• Ability to take ownership of projects and work independently with a positive, solutions-oriented attitude.
• Able to effectively drive solutions throughout the organization and present ideas in a clear and concise way. Escalate issues and advocate for solutions.
• Keen understanding of fund management operations, practices, procedures, and controls.
• Strong presentation skills. Must be able to present comfortably before small to mid-size groups.
• Prior experience working in the financial services industry preferred.
• Knowledge and familiarity in assessing and implementation of regulations in relevant jurisdictions is an advantage. 

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At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

What we offer:

At MFS, we view our employees as family — and like you, we want our family happy and healthy. That's why we provide competitive benefits programs and family-friendly policies which support the work-life balance needs of our employees.
 

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance. 

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.