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.
Responsibilities
Compliance Officer - Trading at Mfs
Manages and oversees complex, strategic projects and significant regulatory initiatives.
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.
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.
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.
Masters degree preferred
Proficient in the use of compliance systems (for example, Charles River)
Base Salary Range: $119,500-172,500.
This position is eligible for competitive incentive bonus.
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:
Benefits
401(k)Performance bonus
Additional Information
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.
Mfs · Boston