Job Description
Company: Mercer Description: What can you expect: Mercer has been providing investment services to clients for 45 years and is one of the fastest growing investment solutions entities globally with c.$300bn of assets under our implementation. Mercer Delegated Solutions (MDS) is Mercers investment management arm which manages in excess of US$180bn globally. The European Investment management business (Mercer Global Investments Europe Limited or MGIE) was established in 2006 and currently manages assets in excess of $100bn. Investment is via Mercers Irish domiciled fund range managed by Mercer Global Investment Management, which consists of 100+ Irish domiciled sub funds across five umbrella structures. The business has experienced significant growth over the last 24 months and with a strong pipeline of activity, this looks set to continue for the foreseeable future. This growth has involved a huge level of new client on-boarding and has seen the business further enhance its product and service offering and its position in the market. Mercers Compliance Department protects Mercers reputation and provides advice to the Company. It understands challenges and advises on the impact of regulation in our business, with the objective of: Actively participating in business decisions to champion our clients interests Collaborating with the business to position Compliance centrally in their daily work; Ensuring client interests are at the centre of everything we do; Cultivating and enhancing the compliance culture within Mercer; The role holder will report to the MGIM Head of Compliance (the Compliance Officer) and be responsible for assisting in the oversight and management of regulatory and other risks in respect of Mercer Global Investment Management Limited (MGIM), the Irish authorised fund management company within Mercers Investments business in Ireland. MGIM manages Irish domiciled UCITS and AIFs which are distributed globally ex US. What you will be rewarded with: We provide a competitive package if you are successful and join the firm. Below is a list of benefits that colleagues can avail of: Competitive salary with annual review Discretionary Company Bonus Up to 12% company pension contribution Full healthcare cover Study Support Flexitime or flexistart Flexible working arrangements Wellness Programme/Sports & Social clubs Paid annual leave and ability to purchase additional leave days Travel ticket/bike to work/dental are optional Subsidised canteen We will rely on you to: Support the Compliance Officer in the preparation of board reporting and reports to senior management. Support the Compliance Officer in performing DP Regulatory Compliance duties. Maintenance of Central Bank correspondence log. Completion of scheduled regulatory returns and timely filing of returns via the Central Bank Portal. Perform compliance monitoring reviews or assessments and may make preliminary recommendations based on initial findings. Maintenance of the Companys Policy Map ensuring all policies are reviewed as these fall due. Maintenance of key documents including internal policies owned by Compliance. Monitoring and oversight of complaints handling by the Company. Roll out, tracking and review of quarterly employee declarations, where required. Monitor investment and borrowing restriction breaches and other regulatory or prospectus breaches arising in respect of the Mercer funds in Ireland. Participates in training to develop skills needed to advance compliance knowledge and abilities. Query management, may provide compliance advice to the business areas of the Fund Management Company. What you will need to have: A fundamental understanding of Irish (and EU) Investments regulation in particular UCITS & AIFMD, MiFID. Knowledge of fund structures, different fund types and different assets class would be an advantage. Highly motivated to develop expertise in regulatory compliance and investor protection in the investment funds industry. Minimum of two years investment compliance experience. Strong interpersonal skills to communicate with internal and external stakeholders at all levels. Takes initiative and ownership of responsibilities assigned. Ability to prioritize activities while working on multiple tasks and achieve target deadlines. Ability to work effectively within a small, fast-growing team and assist in the development of that team. Fluent English essential. What will make you stand out: Investment/Fund Compliance experience particularly advantageous. A current role in the Risk, Audit or Compliance group of an asset management/regulatory advisory firm would be valued. About Mercer: Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With over 25,000 employees worldwide and annual revenue exceeding $12 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. Skills: Compliance Asset Management Investments Benefits: Canteen Educational assistance Flexitime Health Plan