Compliance Officer - Trading

MFS • Boston, MA

12h • Hybrid

About The Position

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 Officer is responsible for independent oversight and strategic development of our trading compliance program and provides real time compliance support to the Trading Department. The role is responsible for overseeing the firm’s compliance framework related to critical business areas including best execution, fairallocation, trade errors and cross trades. The role ensures that trading activity is conducted fairly, transparently, and in the best interests of clients, in accordance with applicable regulations, fiduciary standards, and internal policies. The trading compliance role will work side-by-side with similar invesment compliance roles which ensure that MFS manages client accounts in a manner consistent with applicable legal, regulatory, and client-imposed requirements. The Compliance Officer partners with senior management and collaborates with functional leaders and team members across Investments, Distribution, Investment Operations, Technology, Legal and Compliance.

Requirements

• 8-12+ years of compliance experience.
• Bachelor's Degree required.
• Thorough understanding of regulatory requirements relating to compliance business area for both US and internal jurisdictions
• Excellent interpersonal, organizational, communication, team-working and problem-solving skills
• Familiarity with trading practices across equities, fixed income and derivatives
• Exercises strong judgement in situations requiring interpretation of regulatory intent, materiality, and fiduciary duty.
• Demonstrated project management skills and the ability to analyze operational effectiveness.
• Must effectively drive solutions throughout the organization and present ideas clearly.
• Ability to exercise judgment, pursue initiatives and implement changes necessary to align functional area with the strategic/long-term goals of the Compliance Department.
• Thorough understanding of the business operations and practices, procedures, and controls specific to the business units supported is required as is the ability to apply same to compliance-related dealings with the business units supported.
• Must be fully aware of best practices and evolving issues within scope of the position and able to relate same to MFS' operations and practices.
• Proven ability to develop and foster strong interpersonal relationships and to maintain effective cross-functional teams throughout the organization.
• Demonstrated ability to effectively represent Compliance with industry peers and in client-facing situations is required.

Nice To Haves

• Masters degree preferred
• Proficient in the use of compliance systems (for example, Charles River)

Responsibilities

• Manages and oversees complex, strategic projects and significant regulatory initiatives.
• Develops and maintains effective relationships with business partners, industry peers, trade associations.
• Interact and communicate frequently with internal business partners and senior management across MFS to understand business needs and opportunities, to assess and articulate regulatory risks associated with existing and/or new activities, and to provide a framework to enable well informed business decisions relative to regulatory risks.
• Keeps current with evolving marketplace dynamics and global regulatory requirements, as well as emerging technology.
• Continually seek and implement new opportunities for improvement, efficiency and enhancement of the program.
• Establishes, implements and maintains global compliance policies and procedures appropriate to MFS and reflective of industry best practices, regulatory requirements/expectations, and emerging risk.

Benefits

• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees