Compliance Lead Specialist

Massachusetts Financial Services Company; Greater London; On-site; GBP 70,000 - 95,000; Full time

Job summary

Massachusetts Financial Services Company (MFS) is seeking a Compliance Lead Specialist in London to partner with Compliance and business units, delivering guidance on regulatory and client requirements and training staff.

You will manage partner relationships, lead on promotions approvals for UCITs funds in the EMEA region, research regulatory issues, draft guidelines, and keep the team aligned with global updates.

Qualifications

• Bachelor’s degree or equivalent with experience related to investment management or financial services compliance.
• Experience in financial promotions approvals and general compliance sales practice.
• Excellent written and verbal communication, with ability to present research and conclusions persuasively.

Responsibilities

• Manage assigned business partner relationships through meetings and communications.
• Lead on financial promotions approvals for UCITs Fund range and strategy materials in EMEA.
• Research regulatory issues and provide guidance to internal stakeholders.
• Draft new compliance guidelines and procedures.
• Respond to requests, research issues, and influence solutions with stakeholders.
• Monitor regulatory changes and communicate impacts to the team.
• Collaborate with Legal to assess new rules and implications for the area.
• Provide compliance training to team members and personnel.
• Support global compliance initiatives and regional responsibilities.

Skills

Interpersonal skills

Organizational skills

Communication skills

Customer service

Team collaboration

Problem solving

Written communication

Regulatory knowledge

Education

Bachelor’s degree or equivalent in investment management/financial services compliance

Job description

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 will interact with Compliance Department personnel and assigned business units in related regulatory and client compliance requirements. Train compliance professionals and key business stakeholders on regulatory and client requirements and support the management of assigned business units by providing guidance and direction to its staff. The role may also involve participation in other Compliance initiatives and projects.

WHAT YOU WILL DO

• Manage assigned business partner relationships by attending status meetings, responding to questions, communicating compliance requirements and delivering on stated review turnarounds and standard within sales practices and Distribution Compliance.
• Lead on financial promotions approvals on the UCITs Fund range and strategy materials for the EMEA region.
• 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.
• Recommend and draft new guidelines and procedures.
• Respond proactively to requests for assistance from the business, research issues, provide advice and guidance. Use influencing skills to ensure that the appropriate solutions are agreed.
• Keep abreast of and communicate changes in regulatory rules, guidelines and interpretations affecting compliance materials.
• Keep updated on global regulatory updates and interpretive releases. With senior managers, collaborate with Legal to assess implications of new rules and regulations related to assigned area, apprises others of developments, and recommend courses of action as appropriate.
• Provide compliance related training to personnel related to areas of responsibility and junior members of the team.
• Participate in other projects and compliance 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 with experience related to investment management, financial services compliance.
• Financial Promotions approvals and general compliance sales practice 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.

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace.

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 [e-mail] 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.