Senior Compliance Manager - Enhanced Monitoring & Supervision

Mercer Advisors

7d•$127,500 - $150,000•Hybrid

About The Position

The Senior Compliance Manager – Enhanced Monitoring & Supervision is responsible for the design, implementation, and ongoing administration of the firm’s enhanced-risk client, employee, and business activity monitoring framework. This role focuses on identifying, assessing, and monitoring elevated risk across clients, employees, advisors, and business practices. The role includes developing a risk-based high risk evaluation framework consistent with applicable regulatory expectations and industry best practices, including principles derived from AML and financial crime frameworks. This role is anticipated to be actively involved in developing the framework in response to proposed AML regulations applicable to Registered Investment Advisors.

Requirements

Bachelor’s degree required
5+ years of experience in compliance or risk management
Strong knowledge of investment adviser regulations, AML and enhanced due diligence requirements.
Strong analytical, investigative, and documentation skills.
Ability to exercise sound judgment and maintain confidentiality in sensitive matters.
Strong written and verbal communication skills, including interaction with regulators.
Proficiency in Microsoft Office applications (Excel, Word, Outlook, PowerPoint).

Nice To Haves

CAMS or equivalent AML certification preferred

Responsibilities

Implement and maintain High Risk Client Framework
Design and implement high risk client identification and evaluation framework
Develop risk scoring methodology and high-risk criteria based on client risk indicators, regulatory obligations and firm risk thresholds
Oversee enhanced due diligence-style reviews
Monitor internal employee and advisor activities for elevated compliance risk
Assess outside business activities and conflicts of interest
Identify patterns and behaviors indicating increased risk
Design and manage heightened supervision plans
Track adherence and escalating issues
Ensure remediation and documentation
Monitor high risk business practices including onboarding, fees, and vendor relationships for conflicts of interest and inconsistent or suspicious activities
Identify deviations from policy and emerging risk areas
Participate in internal reviews based on customer feedback or internal escalations
Conduct risk assessments for clients, employees, and business practices
Develop dashboards and reporting for senior management
Support regulatory readiness and audit documentation

Benefits

Company Paid Basic Life & AD&D Insurance
Company Paid Short-Term and Long-Term Disability Insurance
Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance
Three Cigna medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
Kaiser Medical plans available in California
Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan.
Two comprehensive Dental Plans
Vision Insurance Plan
Dependent Care Savings Account for child and dependent care.
14 Company Paid Holidays including a full week off at Thanksgiving.
Generous paid time off program for vacation and sick days
Employee Assistance Plan
Family Medical Leave
Paid Parental Leave (8 weeks)
Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (8 weeks) to provide time for recovery, baby bonding, and enjoying your family time.
Adoption Assistance Reimbursement Program
Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.
401(k) Retirement Plan with both Traditional and Roth plans with per pay period match as well as an after-tax option
Pet Insurance
Personalized financial planning and guidance from Mercer Advisors professionals, offered at preferred employee pricing