Senior Portfolio Compliance Specialist, Mercer Investments

Company:Mercer

Description:

We are seeking a talented individual to join our Compliance team at Mercer, a Marsh business. This role will be based in Boston or New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

This position is responsible for administering our portfolio compliance program for our clients and proprietary funds and supporting portfolio-related compliance reporting for our U.S. and Canada business. The role is responsible for implementing controls and processes to ensure compliance with all applicable regulatory and portfolio guidelines.

This role affords the opportunity to work closely with different functional teams within our business, including Investment Management, Client Service and Operations, and help shape our global portfolio compliance approach. The successful candidate can expect to acquire knowledge of global regulatory regimes while developing a strong network within the team and also across the firm. This role reports directly to the Chief Compliance Officer, Canada Investments who oversees the US &C Investments Portfolio Compliance team.

We will count on you to:

• Oversee the day-to-day portfolio compliance functions, including new guideline implementation, pre-trade and post-trade controls and monitoring, alert investigation and resolution

• Manage rule creation, rule testing and rule library maintenance, and oversee service providers where applicable

• Perform reporting and analysis to detect guideline breaches and monitor all outstanding issues through resolution

• Support fund reporting relating to portfolio compliance, liquidity risk and derivative risk monitoring

• Implement, maintain and enhance portfolio compliance procedures and controls

• Contribute to a multi-year global investment platform project where portfolio compliance platform will be migrated

• Manage and provide training and guidance to team members

What you need to have:

• Minimum 6 to 8 years of relevant experience in the investment management industry; knowledge of investment instruments including fixed income and derivatives

• Familiarity with investment-related regulations and portfolio monitoring tools

• Undergraduate degree in Finance, Economics, Accounting or similar fields

• Critical thinking skill and excellent attention to detail

• Effective verbal and written communication skills, ability to work in a team environment, and capable of managing projects effectively

• Ability to exercise sound independent judgement to resolving problems or identifying issues requiring escalation, take charge and drive to conclusions

• Ability to work independently and provide guidance to other staff members

What makes you stand out:

• CFA designation or active status in the CFA program

• Good knowledge on investment-related applications (Charles River, Bloomberg)

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $118,900 to $238,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.