Investment Compliance Specialist

Recruiter
MFS Investment Management
Location
London, United Kingdom
Salary
Competitive Salary
Posted
15 Nov 2022
Closes
15 Dec 2022
Ref
17009662
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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.

What you will be responsible for:

RESPONSIBILITIES:
  • Act as a compliance resource by providing on call compliance support to the Global based equity and fixed income Investment Teams and Traders during the trading day in Europe. Evaluate proposed orders to determine compliance with investment restrictions.
  • Actively review and monitor numerous clients' investment guidelines and regulatory restrictions (e.g. Investment Management Agreement, Prospectus etc).
  • Provide valuable guidance and 360° impact analysis of compliance requirements effect on investment
  • Effectively implement front-end restrictions as needed for new retail products and institutional accounts. Understand the impact that all security types have on each rule and how to set up those rules
  • Implement, maintain and ensure the integrity of compliance rules within the different compliance monitoring applications
  • Work with colleagues in Compliance, Legal and Product Management to interpret, translate and implement compliance rules as directed by Regulating bodies, Institutional Investment Management Agreements, Fund Prospectuses or internal committees;
  • Work with other Compliance team members to mitigate risk by creating policies, procedures and preventative risk controls to ensure the effectiveness of the pre trade and order entry compliance monitoring function.
  • Review and analyze daily investment compliance monitoring of portfolios employing a variety of automated and manual processes. Update and review testing for any changes to current fund or account investment objectives, Ensure that accounts comply with various rules and regulations. operations, trader workflow and portfolio management
  • Effectively implement front-end restrictions as needed for new retail products and institutional accounts. Understand the impact that all security types have on each rule and how to set up those rules
  • Implement, maintain and ensure the integrity of compliance rules within the different compliance monitoring applications
  • Work with colleagues in Compliance, Legal and Product Management to interpret, translate and implement compliance rules as directed by Regulating bodies, Institutional Investment Management Agreements, Fund Prospectuses or internal committees;
  • Work with other Compliance team members to mitigate risk by creating policies, procedures and preventative risk controls to ensure the effectiveness of the pre trade and order entry compliance monitoring function.
  • Review and analyze daily investment compliance monitoring of portfolios employing a variety of automated and manual processes. Update and review testing for any changes to current fund or account investment objectives, Ensure that accounts comply with various rules and regulations.

JOB REQUIREMENTS:
  • Experience of investment operations and compliance related experience; strong knowledge of financial services rules and regulations (including 1940 Act and UCITs) and compliance risk management and best practices;
  • Complete understanding of different security types (Equity and Fixed Income); with some derivatives experience preferred
  • Good business judgment and the ability to handle stressful situations with internal clients while maintaining a professional approach to problem solving and risk reduction;
  • Excellent organizational skills and the ability to work in a high pressure, fast paced environment;
  • Strong analytical skills and attention to detail
  • Excellent interpersonal skills and written communication skills.

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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 talent_acquisition@mfs.com 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 EEO is the Law document and Pay Transparency Nondiscrimination Provision, linked for your reference.