US Investments Commercial Compliance Leader

International Catalyst Services, LLC; New York (NY); Hybrid; USD 144,000 - 289,000; Full time

Job summary

A leading company is seeking a US Investments Commercial Compliance Leader to oversee compliance programs and provide strategic advice on regulatory requirements. This role involves collaborating with various teams and managing broker-dealer compliance, making it a pivotal position in a dynamic business environment.

Benefits

Professional development opportunities

Health and welfare benefits

Tuition assistance

401K savings and retirement programs

Qualifications

• 7-10 years of experience in financial services compliance.
• Experience managing SEC and FINRA marketing compliance.
• FINRA S7, S24 or S14 licenses.

Responsibilities

• Design and execute a commercial compliance program.
• Serve as MMC Securities CCO overseeing compliance programs.
• Maintain relationships with MMCS regulators.

Skills

Strategic thinking

Risk mitigation

Communication

Relationship management

Problem-solving

Education

Bachelor’s Degree

JD preferred

Job description

Mercer Investments is recruiting for aUS Investments Commercial Compliance Leader who will work three days a week in a local office.

This position will be responsible for providing strategic and tactical advice as it relates to broker-dealer and SEC RIA Sales and Marketing requirements, supporting Mercer’s investment management and investment consulting businesses in the US and MMC Securities broker-dealer activities.

The US Investments Commercial Compliance Leader will be a part of the Legal & Compliance team, and will work closely with other functional teams, and particularly with MMCS leadership and Mercer Investments commercial and sales teams. This position will also act as the MMC Securities CCO.

In this newly created role, you will have the opportunity to add value and make your mark on a fast growing and dynamic business.

We will count on you to:

• Design, execute, document, and report on a robust commercial compliance program focused on addressing and mitigating legal and regulatory risk in our commercial activities, and collaborating with business colleagues to assess and mitigate the firm’s risk profile.
• Serve as the MMC Securities CCO and oversee the broker-dealer written supervisory procedures and compliance program.
• Maintain relationships with our MMCS regulators, and manage any relevant exams.
• Be an expert in SEC, FINRA, NFA, ERISA, and other US sales and marketing rules, including private fund marketing.
• Assess and recommend process and control enhancements to further mitigate risks and/or support future business objectives.
• Provide best-in-class advice, appropriate second line challenge, and thought partnership on marketing and sales process and control enhancements to meet business needs and future growth.
• Establish and oversee a framework of controls and processes that enable
• Own and manage the Compliance sales and marketing oversight, testing/monitoring, and governance processes.
• Monitor and understand regulatory developments for any modifications needed to the Compliance programs and provide guidance to relevant stakeholders, leaders, and governance committee on regulatory change that may impact business activities, operations, or objectives.
• Collaborate across the Global Investments Legal and Compliance teams, and with global commercial leaders.

What you need to have:

• A Bachelor’s Degree from a four-year college or university required (JD preferred)
• 7-10 years of experience, preferably in the financial services industry, with experience managing SEC and FINRA marketing compliance processes and/or managing a broker-dealer compliance program.
• FINRA S7, S24 or FINRA S14 licenses
• Independent strategic thinker with experience balancing commercial objectives against risk mitigation goals.
• Ability to establish and maintain professional relationships with key stakeholders and service providers.
• Proactive, capable of multi-tasking, and ability to organize and prioritize deliverables to meet deadlines within a growing business environment.
• An ability to work independently and own risk, exhibit solid judgement and execute effectively.
• A positive, can-do attitude and creative problem-solving skills.
• Strong written and oral communication skills. Ability to communicate succinctly.

What makes you stand out:

• Experience at an SEC registered investment adviser working within a compliance department, managing broker-dealer compliance and marketing and sales compliance programs of advisers and funds.
• Experience implementing workflows and frameworks to generate efficiency while mitigating risk. (e.g. Seismic, Red Oak, Saifr, etc.)
• Knowledge of Investment Company Act of 1940; Knowledge of ERISA regulations; Knowledge of NFA Rules.

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 $24 billion and more than 90,000 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 [e-mail].

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 $144,300 to $288,400.

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.