Chief Counsel & Chief Compliance Officer

US067 Marsh and McLennan Companies, Inc; New York (NY); Hybrid; USD 138,000 - 278,000; Full time

Job summary

Join a forward-thinking company as a Chief Counsel in the Legal and Compliance team, where your expertise in broker-dealer rules and SEC regulations will be pivotal. In this hybrid role, you will lead compliance programs, provide legal guidance, and enhance risk management strategies. Collaborate with talented professionals while enjoying opportunities for professional development and a vibrant, inclusive culture. With a competitive salary range and a commitment to diversity, this is your chance to make a significant impact in a global leader in risk and strategy.

Benefits

Health and Welfare Benefits

Tuition Assistance

401K Savings Plan

Employee Assistance Programs

Qualifications

• 10+ years of experience in broker-dealer or investment advisor compliance.
• Deep knowledge of FINRA Rules and SEC regulations.

Responsibilities

• Lead and evolve compliance programs for MMA Securities and MMA Asset Management.
• Provide legal and regulatory guidance for broker-dealer operations.

Skills

Strategic Leadership

Communication Skills

Regulatory Knowledge

Project Management

Client Empathy

Education

JD Degree

Bachelor's Degree

Job description

We are seeking a talented individual to join our Legal and Compliance team at Marsh McLennan. This role can be based in NY, Boston, Chicago. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Chief Counsel and Chief Compliance Officer will serve as the trusted adviser to Marsh McLennan Agency (MMA) Asset Management, MMA Securities, and Marsh McLennan Company (MMC) Securities, and generally serve as an expert in FINRA broker-dealer rules and SEC RIA matters. Responsibilities will include the provision of legal counsel and regulatory guidance, executive level leadership, development and execution of strategic vision, the enhancement of testing and monitoring, and activating risk management controls. This position will directly lead a team of Legal and Compliance professionals, but will also heavily rely on partnership with other Legal and Compliance teams.

We will count on you to :

• Lead and continually evolve the MMA Securities, MMA Asset Management, and MMC Securities Compliance programs.
• Provide legal and regulatory guidance for broker-dealer and institutional and retail investment advisor operations.
• Plan, organize, and control day-to-day compliance responsibilities to ensure adherence to applicable laws and regulations.
• Act as the FINRA and SEC regulatory liaison for MMA Securities, MMA Asset Management, and MMC Securities.
• Develop and execute a strategic vision for compliance programs that effectively manage risk and support business objectives.
• Serve as an expert in broker-dealer matters for affiliated entities of Marsh McLennan.

What you need to have :

• JD and Bachelor's degree (B.A.) from a four-year college or university.
• Must maintain an attorney’s license in good standing in all states of issue.
• 10+ years of experience in broker-dealer or investment advisor compliance, with retail investment advisor experience preferred.
• Deep knowledge of FINRA Rules, Securities Act of ‘33, Investment Advisers Act of ‘40, and Investment Company Act of ’40.
• Proven experience with the current and proposed regulatory environment (FINRA, SEC, ERISA).

What makes you stand out :

• Strong strategic leadership skills with a solid track record of effective execution.
• Excellent verbal and written communication skills, with the ability to simplify complex regulations for stakeholders.
• Ability to manage multiple projects in a fast-paced environment while maintaining high levels of team orientation and interpersonal communication.
• Empathy and sensitivity to client needs, with a passion for supporting team members and clients.
• A proactive approach to designing efficient systems and seeking productivity improvements.

Why join our team :

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE : MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses : Marsh, Guy Carpenter, Mercer and Oliver Wyman . With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com , or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex / gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.The applicable base salary range for this role is $138,700 to $277,300.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.