Senior Compliance Specialist - Mercer Investments at MMC in Boston, Massachusetts

Job Description:

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


This position has general responsibility for supporting the compliance programs for mutual funds, the trust company, and private funds. Will also have the opportunity to work with well-known investment advisers across the globe and to acquire knowledge of regulatory requirements and compliance best practices. This role affords the opportunity to work closely with different functional teams within our business, including Investment Management, Client Service and Operations and will report directly to the Chief Compliance Officer for the Mercer Funds and Mercer Trust Company.



We will count on you to:

• We are seeking a Compliance generalist with broad experience working on compliance programs for registered investment advisers, mutual funds, private funds and/or trust companies. The Senior Compliance Specialist will independently perform compliance duties and execute on deliverables such as policy and procedure updates, creation of board materials, supporting regulatory examinations, supporting compliance testing and compliance risk assessments, and other projects.


• Support the Global Compliance Service Provider Oversight Program team by assisting with gathering, organizing and reviewing materials from subadvisers, communicating with subadvisers, attending and taking notes during due diligence meetings. Support the program's expansion into new geographies. Assist with the annual 15(c) process and any ad-hoc 15(c) reviews for new subadvisers.


• Gain expertise with using Centrl, the software platform which supports the Service Provider Oversight Program globally. Assist with maintaining due diligence questionnaires and creating reports within the software and provide support as needed to a small group of compliance colleagues globally who use the software.


• This position routinely engages with the Legal and U.S. and international compliance teams in the execution of responsibilities and involvement in projects and initiatives.


• Stay abreast of regulatory developments and best practices governing investment advisers, investment companies and trust companies. Proactively recommend any areas of focus and improvements.

What you need to have:

• A minimum of 2 years of experience at an SEC registered investment adviser working within a compliance department or audit department, 40 Act Mutual Fund Complex, or a regulated trust company with a demonstrated history of competence and increased responsibility.


• Undergraduate degree


• Knowledge of Investment Company Act of 1940 and Investment Advisers Act of 1940. Knowledge of ERISA regulations a plus.


• Proactive, energetic multi-tasker with ability to organize and prioritize deliverables to meet deadlines within a growing business environment.


• Ability to establish and maintain professional relationships with key stakeholders and service providers.


• A positive, can-do attitude and creative problem solving skills.


• Strong written and oral communication skills. Ability to communicate succinctly.

What makes you stand out:

• Experience working with ERISA compliance and/or alternative investment products (hedge funds and private funds) at a registered investment adviser. Experience using PowerPoint and software such as Power BI to create reports and presentations.

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.


• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.


• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.


Marsh McLennan 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 reasonableaccommodations@mmc.com.


Marsh McLennan 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 McLennan 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. Apply Now