Compliance Specialist

Marsh McLennan•Boston, MA

32d•$64,400 - $128,700•Hybrid

About The Position

Marsh & McLennan Companies, Inc. ("Marsh") is seeking a talented individual to join the Compliance team at MMA Securities and MMA Asset Management, collectively known as MMA Retirement & Wealth. This role will be based in New York office and offers a hybrid work arrangement along with additional location as Boston, with the flexibility to work remotely while requiring a minimum of three days per week in the office. As a Senior Compliance Specialist, you will contribute your expertise and experience to support the organization’s compliance programs and initiatives. You will have the opportunity to add value as a key contributor to the team. The team at Marsh will prepare you for a successful career and provide you the opportunity to work with well-known investment advisers across the country. You’ll work with a team of high-performing colleagues committed to collaboration and partnership. As a Senior Compliance Specialist you will have the opportunity to handle complex specialized compliance routines, such as monitoring, research, training and awareness, data compilation and synthesis, report drafting, task management for assigned area and assist in managing risk across applicable product lines. You will make recommendations based on compliance reviews, escalate issues as appropriate and support formulation of responses which may include responses to regulators, boards and other supervisory entities.

Requirements

Bachelor’s degree in business, Finance, Accounting, Law, or a related field.
Three to five years of relevant compliance experience with an SEC-registered investment adviser or an SEC/FINRA-registered broker-dealer, demonstrating increasing levels of responsibility and professional expertise.
Working knowledge of the following regulations and securities laws: Investment Advisers Act of 1940, Securities Exchange Act of 1934, Securities Act of 1933, FINRA regulations, ERISA regulations.
Ability to obtain a Series 6 or Series 7 license within the first year of employment.

Nice To Haves

Collaborative, proactive approach with strong written and verbal communication skills.
Ability to build relationships, influence stakeholders, and achieve business objectives.
Strong organizational skills and ability to handle multiple priorities in a fast-paced environment.
Self-motivated with a commitment to continuous learning.
Current Series 6 or Series 7 license.

Responsibilities

Manage registration and onboarding of associated persons.
Manage compliance systems and compliance review of gifts and entertainment, outside business activities, private securities transactions, and other regulatory reviews.
Manage periodic and day-to-day compliance testing and monitoring activities.
Routinely engage with the business through training, real-time guidance, and projects or larger initiatives.
Assist with the development of policies and procedures to meet regulatory requirements. Draft, make recommendations, and amend compliance procedures.
Monitor investment activities for compliance with investment guidelines and applicable policies and procedures.
Monitor sales activities for compliance with broker-dealer guidelines and applicable policies and procedures.
Support internal and external audits and exams. Manage regulatory filings for MMA Retirement & Wealth.
Review marketing and sales pieces for compliance with MMA Retirement & Wealth standards and regulatory requirements.
Stay abreast of regulatory and legal developments and best practices governing investment advisers and broker-dealers.