Global Distribution Oversight Specialist

Employer
MFS Investment Management
Location
Boston, USA
Salary
Competitive
Posted
09 May 2022
Closes
08 Jun 2022
Ref
14825641
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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.

What you will be responsible for: Using discretion and judgment, you will monitor and review electronic communications for assigned distribution employees to ensure the communications comply with FINRA, SEC and other regulatory and internal guidelines. Coordinate with Distribution, Compliance and assigned business areas to address issues that may arise. As a Registered Principal, approve communications as required by the FINRA and internal MFS Compliance procedures.

Principal Responsibilities
  • As a member of the Global Distribution Communication Oversight Team (GDCOT), perform the supervisory review of electronic communications of assigned employees and/or departments, including department supervisors, with respect to all current FINRA, SEC and other pertinent regulatory requirements including MFS guidelines and procedures. Protect highly confidential nature of such communications.
  • Evaluate electronic communications against applicable guidelines for potential business practice issues or regulatory concerns. Analyze history and other sources of information of potential issues. Perform further investigation and obtains additional detailed research by discussing and questioning the source(s) of the communication.
  • Identify and escalate potential issues to Distribution Oversight Supervisor, Compliance and/or assigned business areas as needed. Recommends next course of action to be taken on issue
  • Keep current with all changes in both internal and industry regulations, guidelines, policies and issues impacting the content, use and distribution of electronic communications.
  • Possess working knowledge of each distribution unit and their specific business needs both internally and in the industry. Build relationships and communicate directly with department supervisors of distribution areas, as well as senior members of Distribution Solutions and/or Compliance.
  • Assist with the development of policies and procedures for selecting messages for review based on approved criteria such as keyword searched and random sampling in conjunction with Compliance.
  • Communicate policies and procedures to assigned business areas.
  • Examine department workflow and make recommendations on ways to increase efficiency while maintaining internal controls.
  • Assist with projects to ensure effective and efficient integration of department and corporate initiatives with new or existing workflows/processes to ensure applicable goals are met within regulatory, internal and other framework. Provide information planning, establish project level scope, priorities and timelines.
  • Master the use of applicable technology tools used in the review process.
  • Responsible daily for the management of electronic communication Supervision tool.
  • Oversee vendor relationships that support the Distribution channel.
  • Manage specialized projects and perform additional duties as requested.

Qualifications
  • Bachelor's Degree or equivalent work experience with a minimum of four to six years of industry experience. Email review experience preferred.
  • Position requires FINRA Series 6 and 26 registrations in accordance with MFS's licensing policy and knowledge of applicable FINRA guidelines required. FINRA Series 7 and 24 registrations preferred.
  • Excellent communication, interpersonal and decision-making skills. Ability to work independently and interact with all levels of the organization.
  • Demonstrated project management experience.
  • Experience working in an environment where controls and deadlines are required.
  • Strong computer skills. Ability to analyze technology issues and concerns.
  • Ability to function with a high degree of independence.
  • Bi-lingual is desired.


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What we offer:
  • Generous time-off provided: including "Responsible time off" for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
  • Family Focus: Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
  • Wellness Programs: Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability
  • Financial Benefits: 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs


During the Covid pandemic, MFS Employees are currently working from home. When safe to do so and in accordance to local government guidelines, MFS will be a hybrid work environment (remote/onsite) unless otherwise stated in the job posting .

This position will require individuals to be fully vaccinated against COVID-19 as part of their job responsibilities, unless MFS approves an exemption as an accommodation due to a medical condition or sincerely held religious belief. Submission of an exemption request does not guarantee that an exemption will be approved or that the request can be accommodated.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.

MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the EEO is the Law document and Pay Transparency Nondiscrimination Provision , linked for your reference.

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