Compliance Specialist II

About the Business

Lexis Nexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher revenue growth, maximize operational efficiencies, and improve customer experience. Our solutions help our customers solve difficult problems in the areas of Anti-Money Laundering/Counter Terrorist Financing, Identity Authentication & Verification, Fraud and Credit Risk mitigation and Customer Data Management.

You can learn more about Lexis Nexis Risk at the link below,

About the Role

The Compliance Specialist II is responsible for submitting notice filings on behalf of funds and other investment products with all applicable jurisdictions in the United States. The Compliance Specialist II works closely with a Manager who performs daily reviews of all work. The Compliance Specialist II will be asked to server as a mentor or be placed in a supervisory role to assist with special filing projects such as initial filings, name changes, terminations and fund reorganizations.

The Compliance Specialist II is expected to model RELX core values by mirroring one's words with action - fostering diversity and inclusion, valuing and respecting differences, demonstrating and inspiring high ethical standards and actions, showing greater concern for the well-being of others over self, honoring commitments and promises, and acting decisively.

This job description indicates the general level and nature of work expected of the incumbent. It is not a comprehensive list of specific duties or activities associated with the position. The incumbent may be asked to perform other duties as assigned. Act as a liaison between the State and BSRS in matters regarding Blue Sky filings

This role requires onsite work in Medford, MA (5 days per week)

Responsibilities

• Serve in the capacity of client service representative for both state examiners and BSRS clients.
• Assume full ownership for client relationship and fund filing responsibilities including:
• Performing renewal and amendment filing activities for an assigned list of mutual funds and clients. Perform review of warning reports to identify action items and analyze historical sales data to project future filing needs. Perform special filings (initial applications, name changes, FYE changes, terminations and reorganizations) only under close supervision and direction of the Manager.
• Working closely with the Manager to learn how to set up Blue Sky Solution ("BSS") to perform more complex filing projects, such as initial applications, name changes and fund reorganizations.
• Reviewing all incoming State correspondence and compare to items in the pending files. Follow-up with State examiners on open items. Collate final documents, update BSS and keep all legal files in highest quality order for archive and retrieval.
• Communication of fund changes from client and preparation and submission of all files and related documents to state agencies.
• Maintenance of all fund files to ensure accurate and timely record keeping.
• Timely follow-up with state agencies on open filing issues and resolution per state instructions.
• Proactive management of fund files as necessary to accommodate new funds and to reflect changes to existing funds. This includes requesting new files and/or labels as appropriate and working with administrative support staff to prepare permanent files.
• Act as a liaison between the State and BSRS in matters regarding Blue Sky filings by documenting conversations with State examiners and updating Department policies, procedures, and systems that reflect any change affecting Blue Sky filings. Ensure that all filing parameters and documentation produced from the system are done in compliance within department policy and states regulation. Present significant changes to the entire staff within the Blue Sky Group to ensure understanding and uniformity.
• Maintain BSS to reflect accurate permit information and participate in department control programs (such as audits) to ensure timeliness and accuracy of all filings and data.
• Participate in testing, development, procedures and documentation relating to the electronic filing initiative with Blue Express Manager.
• Upon request, assist Managers with the review and approval of daily sales warning reports, weekly expiration warning reports, bi-weekly expiration reports and monthly calendars. Also upon request, assist Managers with the approval of some special projects as needed.

Requirements

• Bachelor's Degree or equivalent job experience.
• Strong working knowledge of Blue Sky Solution and related risk management control procedures preferred
• Strong administrative and organizational skills required; ability to work independently and meet critical deadlines.
• A team player with outstanding interpersonal skills and strong communication skills.
• Strong attention to detail and a significantly high "I care quotient".
• Computer literate, with a strong aptitude…