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Marsh McLennan is hiring a Senior Compliance Officer for Investments Compliance Monitoring and Testing. This is a hybrid position that requires three days in either our New York City or Boston office.


What can you expect?


The team at Marsh McLennan will prepare you for a successful career and provide you the opportunity to work with well-known investment advisers across the globe. You will work with a team of high-performing colleagues committed to collaboration and partnership.


Whats in it for you?


As a member of the U.S. Investments Compliance Department, you will be part of the Compliance team that manages the compliance programs for the Adviser (the 206(4)-7 compliance program), the Mercer Funds (Rule 38a-1 compliance program), and the Mercer Trust Company contributing your industry knowledge and expertise, as well as your creative ideas, to continually strengthen the programs. Collaborating in office with our team members will provide opportunities for mentorship, continual learning, and building your compliance and industry experience.

Mercer provides investment management services and oversees the asset allocation, investment decisions, rebalancing, and investment monitoring of client portfolios. Mercer also provides investment consulting services and offers guidance at each stage of investment decision-making, risk management, and investment monitoring processes.

Our clients include sponsors and fiduciaries of employee benefit plans, foundations, endowments, healthcare organizations, insurance companies, financial intermediaries, and other investors. Mercer provides investment management services primarily utilizing a multi-manager approach to investing.


Mercer offers:

A global company with a strong brand and a commitment to growth
A culture of internal mobility, collaboration, and extraordinary career opportunities
Competitive pay and outstanding benefits
Paid time off to give back through non-profit community service.
Employee Resource Groups that provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations


We will count on you to:

Design, execute, document, and report on compliance testing in support of the Mercer Investments business, including the Advisers 206(4)-7 program, the proprietary 40 Act mutual funds Rule 38a-1 compliance program, and the Mercer Trust Companys compliance program (together the Program(s)).
Document compliance issues identified through compliance testing, provide compliance guidance to issue owners in support of developing issue remediation, and provide ongoing monitoring of completion of such remediation. Provide periodic reporting on compliance issues to relevant governance committees.
Develop and manage the Compliance Risk Assessment (CRA) keeping it evergreen for changing risk conditions.
Monitor and understand regulatory developments for integration into the CRA.
Work closely with Compliance Testing to keep the CRA current.
Collaborate with the Operational Risk Manager and the Operational Risk Assessment.
Design, assess, and document the Compliance functions controls.
Collaborate to develop, assess, and document business controls.
Prepare the annual Compliance reports required by the Programs.
Monitor and understand regulatory developments for any modifications needed to the Compliance testing and/or risk assessment processes.
Collaborate across the Compliance team and with the Operational Risk Manager providing compliance advice and guidance around control and risk assessments and testing, error and incident management, training, and other topics.


What you need to have:

A Bachelors Degree
A minimum of 7 years of experience at an SEC registered investment adviser working within a compliance department and relevant work experience with managing compliance programs.
Additional work experience with regulatory exams and audits of advisers and funds, Compliance Risk Assessments, updating and writing Compliance Policies, board reporting, compliance training a plus.


What makes you stand out:

Knowledge and experience with control design and effectiveness, and the establishment of monitoring activities.
Be an independent strategic thinker with an understanding of regulatory and operational risk in financial services
Knowledge of Investment Company Act of 1940; Investment Advisers Act of 1940. Knowledge of ERISA regulations is a plus.
Ability to establish and maintain professional relationships with key stakeholders and service providers.
Be proactive, and capable of multi-tasking, and ability to organize and prioritize deliverables to meet deadlines within a growing business environment.
Have a positive, can-do attitude and creative problem-solving skills.
Strong written and oral communication skills.
Ability to communicate succinctly.

Marsh McLennan(NYSE: MMC) is the worlds leading professional services firm in the areas ofrisk, strategy and people. The Companys more than 85,000 colleagues advise clients in over 130 countries.With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.Marshprovides data-driven risk advisory services and insurance solutions to commercial and consumer clients.Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wymanserves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit (link removed), or follow us onLinkedInandX.

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 (e-mail removed)

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.


The applicable base salary range for this role is $112,200 to $224,300.
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.