Senior Compliance Business Partner, Investments

Company:Marsh Corporate

Description:

We are seeking a talented individual to join our Compliance Advisory team at Marsh. This 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. 

The role is designed to:

• 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

We will count on you to:

Management

• 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.

Advice, Oversight and Challenge

• 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.

Strategic

• 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

Regulatory

• 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.

What you need to have: 

• 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 written).
• Strong organisational skills and ability to work well under pressure.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh 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 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.