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

Using discretion and judgment, the Compliance Business Partner supports the operations of the Compliance Department and provides strategic direction on the coordination of significant functions and resources of an assigned compliance group. Responsible for ensuring regulatory compliance with respect to work done within Compliance as well as on the part of the business units supported by the compliance group. The Compliance Business Partner interacts with MFS management to monitor and resolve regulatory and compliance issues. Provides leadership in policy development and interpretation based upon global regulatory and legal frameworks.

WHAT YOU WILL DO

• Work with Compliance management and senior management to ensure that, within a specific part of the business, the organization’s activities comply with all pertinent legal and regulatory requirements. 
• Act as first point of call for EMEA Sales and Distribution staff providing sales practice compliance guidance, including but not limited to social media use, gift and entertainment and leading on escalations to senior management where necessary. 
• Keep abreast of rules and regulations affecting compliance activities and ensures through supervision and testing that these rules and regulations are met.
• In conjunction with Compliance management and senior management, implement compliance programs, which will both monitor compliance and ensure that compliance issues are identified and resolved in accordance with established policies and procedures. Implement necessary changes with regard to the compliance monitoring program, compliance policies/procedures/ manuals, training programs and business processes and systems. 
• Identify and interact with key personnel of all levels throughout MFS to resolve complex compliance issues. Includes interacting as needed with various levels of personnel and staff to provide input to policies and procedures, and with both internal and external programmers and developers in the application and design of technology systems. 
• Leads projects to ensure effective and efficient integration of Department and corporate initiatives with new or existing workflows/processes to ensure applicable goals are met within regulatory, internal and other frameworks.
• Provide training on new and revised regulations as well as relevant compliance policies to employees within and outside of the Compliance Department. May provide training, guidance and support to Compliance Department on systems- related issues, including project development. May operate as liaison with other systems areas in the company.
• Maintain records, or systems which maintain records, in conformity with regulatory and retention requirements.
• Manage the review of compliance systems to validate their utility in satisfying regulatory and compliance requirements. Such review may also entail automating existing manual functions making recommendations on ways to increase efficiency.
• Develop, review and update procedures and controls within the group and other areas of the company performing compliance functions.
• Investigates potential breaches of compliance rules and conduct. Identifies regulatory issues or concerns, provides senior-level reports and recommends corrective actions. 
• Performs additional related responsibilities as required.
   

WHAT WE ARE LOOKING FOR

• Bachelor’s degree or equivalent direct experience required.
• Relevant experience required within a Financial Services background preferred.
• Ability to drive solutions throughout the organization and present ideas in an effective manner.
• Excellent interpersonal, organizational, communication, collaborative problem-solving, and critical-thinking skills are essential. Must be able to write effectively, and present research, analysis and conclusions in a persuasive manner.
• Proven ability to develop and foster strong interpersonal relationships and to maintain effective cross-functional teams throughout the organization. Demonstrated ability to work effectively with outside parties at all organizational levels.
• Strong presentation skills are required. Must be able to present comfortably before large groups (40+).
• Experience in data structure and analysis is desirable as is hands-on experience with compliance and investment systems. 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.
• Proven analytical skills. Make independent decisions, develop creative solutions to problems, advocate for same and manage the implementation through to acceptance.
• Assume ownership for the delivery of projects while also operating successfully in a cross-functional, often international, team environment.
• Able to work overtime as necessary to keep current with work.
• Some periodic domestic travel may be required.

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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 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.