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MassMutual · 1 day ago

Compliance Consultant - Mutual Fund & Institutional Advisory Compliance

Springfield, MA

Full-time

Onsite

Mid Level

3+ years exp

MassMutual is a company focused on compliance within the mutual fund and investment adviser sectors. The Compliance Consultant will support the compliance framework by evaluating policies, administering the Code of Ethics, and ensuring adherence to regulations while collaborating with various internal teams and external partners.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

Responsibilities

Training and on-boarding new associates, including setting up the new associate in the personal trading system (FIS Employee Compliance Manager)

Off-boarding associates

Daily and quarterly review of personal trading activity and addressing potential breaches of regulations and company policy

Quarterly administration of certification process

Providing guidance and training to associates

Engagement with and oversight of system vendor, including implementation of upgrades to FIS ECM system

Leading continuous improvement projects around the administration of the Code of Ethics, including the implementation of new electronic broker feeds

Daily review of company-wide portfolio holdings in FundApps system for possible filing obligations in foreign jurisdictions

Daily coordination of activity and possible filings with various securities affiliates of MassMutual

Engagement with and oversight of system vendor

Manage the annual registration process for MML Investment Advisers and the other-than-annual filing requirements (i.e., updating and filing Form ADV)

Coordinate with various securities affiliates of MassMutual periodic filings with the Securities and Exchange Commission, including Forms 13F, 13H, and N-PX

Manage or oversee various other reporting activity, such as around political contributions

Remain current on regulatory requirements, developments, and best practices, and influencing the integration of such practices into our business for a best-in-class compliance program

Identify education initiatives created by new regulations or areas needing further educational support; coordinate, develop, and/or provide educational programming

Handle broader compliance projects and complete special assignments as required

Qualification

Mutual fund complianceInvestment adviser regulationsRegulatory framework knowledgeFIS ECM systemFundApps systemOrganizational skillsAnalytical skillsMicrosoft Office proficiencyCommunication skillsInterpersonal skillsTeam playerAdaptability

Required

Bachelor's degree

3+ years of experience in a regulatory compliance, legal, risk, or related function, ideally within the asset management or broader securities industry

Preferred

Knowledge of regulatory framework governing mutual funds and institutional investment advisers

Familiarity with Code of Ethics regulations and personal trading system like FIS ECM, or willingness to learn

Familiarity with substantial shareholder regimes and foreign filing system like FundApps, or willingness to learn

Strong organizational skills and attention to detail, with the ability to manage diverse projects and assignments in a timely and quality manner in a complex work environment

Strong communication and interpersonal skills, with the ability to build rapport with third-party service providers and work across internal business groups in a confident and constructive manner

Exhibits highest ethical standards

Good analytical skills, with the ability to effectively identify, communicate, and address potential issues

Proficient with Microsoft Office programs and at least some exposure to data base, data visualization software, and AI-driven solutions

Ability to work independently and as a team player

Ability to meet deadlines

Ability to deal effectively with peers, as well as clients at all levels and areas of the organization

Willingness to learn and ability to adapt to change driven by regulatory, industry, and business developments

Benefits

Networking opportunities, including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran, and disability-focused Business Resource Groups.

Access to learning content on Degreed and other informational platforms.

Two days annually dedicated to your professional and personal development.

Your ethics and integrity will be valued by a company with a strong and stable ethical foundation, offering industry-leading pay and benefits.