Compliance Senior 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 purpose of a Compliance Specialist in client reporting is to ensure the organization adheres to all applicable laws, regulations, and industry standards while maintaining transparency and trust with clients and regulatory bodies. They play a key role in preparing accurate and timely reports, mitigating compliance risks, and supporting the organization in avoiding legal or financial penalties. By ensuring compliance, they help safeguard the organization's reputation and foster strong client relationships. However, this position additionally works with other colleagues within the Compliance team on preparing, reviewing, and submitting accurate reports to regulatory bodies within required deadlines.

WHAT YOU WILL DO

• Assist the Compliance Reporting Team with periodic tasks that pertain to, but not limited to, the Company Client Reporting and Corporate Compliance Reporting.

• Understand assigned materials for use across their region to ensure compliance with all applicable local regulations as well as to ensure consistency with the prospectus, offering memorandum, IMA, or MFS policies, as applicable.

• Review numerous clients' investment guidelines and regulatory restrictions on trading systems and complete client reporting requests pursuant to them.

• Using analytical skills, research skills, and teamwork to gain knowledge of reporting requirements relating to investment and corporate compliance for both US and non-US jurisdictions.

• Respond to requests for assistance from the business and work with relevant colleagues within the wider Compliance team to provide required Compliance reporting support.

• Assist in any other reporting tasks (i.e. management reporting, regulatory reporting) and ad-hoc tasks and projects as required.

WHAT WE ARE LOOKING FOR

• 5+ years relevant experience from investment management, financial services, or industry related.

• Compliance experience within investment/asset management.

• Knowledge of regulatory rules such as 40 Act.

• 1+ years of experience in using Systems/Data related to Compliance.

• 1+ years in Compliance Reporting functions.

• Excellent interpersonal, organizational, communication, customer service, team-working and problem-solving skills. Must be able to write effectively, and present research, analysis, and conclusions.

• Proven experience with Compliance technology/systems.

• Client reporting/Corporate Compliance reporting functional knowledge.

• 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 judgment and the ability to handle challenges while maintaining a professional approach to problem solving.

• Good knowledge of Microsoft systems.

PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE

• Some experience in basic data analysis (Excel, Tableau, PowerBI).

• Finance and Compliance functions knowledge.

• Good understanding of reporting and regulatory framework.

• Ability to analyze data and complex reporting requirements.

Base Compensation Range: $62,500 - $90,000

#LI-LM1

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

#LI-HYBRID

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.

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 [email protected] 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.