Senior Manager, Compliance Advisory, Investments

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

The Senior Compliance Business Partner is part of the Compliance Advisory department. This role is a senior role, supporting the development of the strategy and direction of Compliance Advisory to ensure an effective and consistent advice function across the Mercer business.

• Provide Compliance leadership and oversight, with a particular focus on the investments business conducted within Mercer Limited (investment consulting and delegated solutions) and Mercer Risk Management Limited (including the Direct Investment Unit, that provides investment advice, portfolio management and trading services).
• Provide specialist compliance expertise, advice and oversight to our investment businesses and wider Wealth division.
• Oversee and challenge proposed strategic or material operational changes in the business from a regulatory and risk perspective.
• Develop strong, open and professional relationships underpinned by a mutual proactive approach to identifying and resolving issues, mitigating risks in a consultative approach.
• There are 3 core components to the role:
  Compliance Advisory, Compliance Oversight, Compliance Challenge

• Ensure consistent standards of advice, support, resource, challenge and provide an escalation point for problem resolution.
• Ensure appropriate communication between the Compliance Senior Leadership team and the 1 LOD.
• This role may involve recruitment and selection of staff, training and development and performance management of staff.

• Act as a trusted adviser to the business, building strong relationships with the business.
• Be the ‘first port of call’ to the business when a regulatory risk or incident has been identified.
• Regularly attend business governance meetings (including governance committees and operational meetings) to provide advice, challenge and oversight. Ensure appropriate partnering across the business via the Compliance Advisory team. Build relationships built on trust and engagement.
• Maintain understanding of regulatory developments, conducting gap analyses and supporting implementation of regulatory change.
• Oversee the advice, challenge and oversight provided to the business from the Compliance Advisory team.
• Provide training on technical compliance matters where required, promotes timely completion of mandatory training and produces additional training where there is a regulatory need.

• Promote a culture of integrity, transparency and personal responsibility.
• Work collaboratively across Compliance and the wider Legal, Compliance and Public Affairs department.
• Contribute to the wider Compliance strategy

• Ensure that legal, compliance, risk and regulatory obligations are met.
• Assist the business in preparing for regulatory visits (e.g. deep dives, thematic reviews, proactive engagement meetings), Compliance Monitoring reviews and Internal Audits.

• University Degree level or equivalent.
• Professional investment related qualification and preferably risk management and / or compliance and / or legal.
• Previous experience of managing a team – desired.
• Significant experience of working within a regulated environment.
• Significant experience of working with a Compliance/ Control function in a UK MIFID firm.
• Previous experience dealing with senior exec/ management.
• Broad and deep understanding of the UK regulatory regime and the ability to apply and interpret regulation.
• Broad understanding of the financial services sectors, investment market infrastructure and market participants.
• Strong knowledge of MIFID, and an understanding of EMIR, SFTR and MAR including reporting regimes. Knowledge of the funds regimes also preferred.
• Proven effective supervisory skills in being flexible, creative, team-oriented and process-driven
• Ability to encourage action in a diplomatic fashion.
• A strong knowledge of corporate governance practices.
• Strong and confident communicator (verbal and…