Senior Compliance Specialist - Mercer Investments

Clark Insurance - Boston, MA

Full-time - Mid Level

Hybrid - Boston, MA

10,001+ employees

About the position

We are seeking a talented individual to join our Mercer US Investment Compliance team. This role will be based in Boston. This is a hybrid role that has a requirement of working at least three days a week in the office. This position has general responsibility for supporting the compliance programs for mutual funds, the trust company, and private funds. Will also have the opportunity to work with well-known investment advisers across the globe and to acquire knowledge of regulatory requirements and compliance best practices. This role affords the opportunity to work closely with different functional teams within our business, including Investment Management, Client Service and Operations and will report directly to the Chief Compliance Officer for the Mercer Funds and Mercer Trust Company.

Responsibilities

• Independently perform compliance duties and execute on deliverables such as policy and procedure updates, creation of board materials, supporting regulatory examinations, supporting compliance testing and compliance risk assessments, and other projects.
• Support the Global Compliance Service Provider Oversight Program team by assisting with gathering, organizing and reviewing materials from subadvisers, communicating with subadvisers, attending and taking notes during due diligence meetings.
• Support the program's expansion into new geographies.
• Assist with the annual 15(c) process and any ad-hoc 15(c) reviews for new subadvisers.
• Gain expertise with using Centrl, the software platform which supports the Service Provider Oversight Program globally.
• Assist with maintaining due diligence questionnaires and creating reports within the software.
• Provide support as needed to a small group of compliance colleagues globally who use the software.
• Engage with the Legal and U.S. and international compliance teams in the execution of responsibilities and involvement in projects and initiatives.
• Stay abreast of regulatory developments and best practices governing investment advisers, investment companies and trust companies.
• Proactively recommend any areas of focus and improvements.

Requirements

• A minimum of 2 years of experience at an SEC registered investment adviser working within a compliance department or audit department, 40 Act Mutual Fund Complex, or a regulated trust company.
• Undergraduate degree.
• Knowledge of Investment Company Act of 1940 and Investment Advisers Act of 1940.
• Knowledge of ERISA regulations a plus.
• Proactive, energetic multi-tasker with ability to organize and prioritize deliverables to meet deadlines.
• Ability to establish and maintain professional relationships with key stakeholders and service providers.
• Strong written and oral communication skills.

Nice-to-haves

• Experience working with ERISA compliance and/or alternative investment products (hedge funds and private funds) at a registered investment adviser.
• Experience using PowerPoint and software such as Power BI to create reports and presentations.

Benefits

• Professional development opportunities.
• Supportive leaders.
• Vibrant and inclusive culture.
• Range of career opportunities.
• Benefits and rewards to enhance well-being.