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 Specialist is responsible for ensuring compliance with applicable local and international regulatory requirements. With supervision, partners with MFS management to escalate compliance matters and to resolve regulatory and compliance issues. Assists in the completion of day-to-day tasks and other projects in alignment with compliance initiatives.

WHAT YOU WILL DO

• Assist the compliance review and approval of materials, ensuring materials comply with current applicable regulatory requirements.

• Assist in drafting new guidelines and procedures.  Contribute to the on-going development of compliance manuals and compliance monitoring procedures.

• Assist with communicating guidelines and procedures to all applicable areas.  Help communicate new regulatory developments and negotiate implementation of resulting changes in guidelines and procedures.

• Keep abreast of changes in regulatory rules, guidelines and interpretations to appropriate parties. Ensure that all records are maintained in conformity with regulatory form and retention requirements.

• Assist Senior Team Members with educating and informing business partners as necessary as to required revisions, new MFS policies, new regulations, etc. Assist the Compliance Lead Specialist with research, delivering of training and communications materials both within the Compliance Department and into the business that provide explanation and insight into a range of compliance issues as required.

• Input data into applicable compliance monitoring systems. Report compliance violations. Assisting the team with restoring compliance restoration in an appropriate manner.

• Maintain and prepare periodic daily, monthly, and quarterly compliance reports as required.

• Respond to requests for assistance from the business, researching issues, providing advice and guidance as required.

• Participate within cross-functional projects providing Compliance advice and input as required.

• Assume additional responsibilities as needed.

WHAT WE ARE LOOKING FOR

REQUIRED:

• Bachelor’s degree or equivalent.

• 0-2+ years of experience.

• Excellent interpersonal, organizational, communication, team-working and collaboration with your manager to problem solve. Must be able to write effectively, and present research, analysis, and conclusions in a persuasive manner.

• Demonstrated ability to work effectively with employees and outside parties at all organizational levels.

• Analytical skills with the ability to make thoughtful decisions.

• Must be proficient in MS Office (Outlook, Word, Excel, PowerPoint) and able to develop proficiency in MFS systems as required to perform the duties of this position.  Must be able to conduct on-line research and to utilize applicable tools.

PREFERRED:

• Prior experience in investment management, financial services or industry-related compliance preferred.

• Presentation skills and strong writing abilities are preferred.

• Understanding of the business operations and practices, procedures, and controls specific to the business units supported is required.  Must be aware of best practices as well as evolving issues within scope of the position.

• Fluent in English and local language.

#LI-CD1

#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.

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 [email protected] for assistance. 

MFS is an Affirmative Action and 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 and Pay Transparency Nondiscrimination Provision, linked for your reference.