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Investment Compliance Analyst

ManulifeBoston, Massachusetts

$53,250 - $88,750 / year

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Overview

Schedule
Full-time
Career level
Entry-level
Remote
Hybrid remote
Compensation
$53,250-$88,750/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

The core job responsibility for a Compliance Analyst (non-exempt) is to monitor the John Hancock Group of Funds compliance activities, including sub-adviser and service provider oversight within a manager of managers’ structure. To ensure the funds remain in compliance with their Prospectus/SAI, Investment Company Act of 1940, and IRS tax diversification requirements, overseeing the sub-adviser’s investment compliance monitoring, sub-adviser oversight including due diligence reviews and facilitating the sub-adviser quarterly Trustee reporting process. Assist in performing a broad range of compliance tasks conducted by the Office of the Chief Compliance Officer (“CCO’s Office”) in its mission to affect compliance with federal securities laws applicable to the John Hancock Group of Funds Complex, sub-advisers and service providers. 

Position Responsibilities 

  • Review compliance alerts and warnings generated by Charles River daily. Research each issue and report breaches and other significant findings to the Investment Compliance management team. 
  • Complete the annual prospectus/SAI guideline review and facilitate changes to Charles River rule coding, as needed. 
  • Assist the CCO’s Office in sub-adviser and service provider oversight, including participation in due diligence meetings, sub-adviser and service provider outreach, enhancements to policies and procedures (as necessary), and continued monitoring of sub-adviser and service provider risk practices. 
  • Participate in the preparation of periodic Management and Board reporting. 
  • Prepare periodic (daily, weekly, monthly, etc.) compliance documentation, including results of all automated and manual fund guideline rules in accordance with departmental procedures. 
  • Participating in sub-adviser 15c reviews. 
  • Complete IRS tax compliance testing on a quarterly basis. 
  • Conduct peer review of compliance documentation to ensure they have been completed in accordance with departmental procedures, including the documentation of potential breaches. 
  • Assist in SEC Rules 38a-1 and 206(4)-7 testing of policies and procedures. 
  • Assist with Regulatory filings and/or developments. 
  • Assists senior level team members with additional routine and more senior tasks and assignments (i.e. data management and new sub-adviser on boarding). 
  • Complete medium to high complexity investment compliance projects as needed. 
  • Communicate and provide guidance to sub-advisers regarding compliance issues and/or reporting requests. 
  • Handle compliance department tasks within established guidelines for quality and timeliness under the close supervision of a senior team member. 
  • Build strong working relationships with compliance and business partners. 

Required Qualifications 

  • 1+ years of experience in the mutual fund industry. 
  • Bachelor’s degree or above. 

Preferred Qualifications 

  • Strong communication skills (verbal and written), ability to collaborate with colleagues and assimilate within the team culture, highly motivated, and with a high learning agility. 
  • Genuine and thoughtful reasons for pursuing the opportunity and how experience, i.e., compliance, operations, fund accounting / custody, or other related areas may be leveraged for this role. 
  • A general understanding of the mutual fund industry and the many functions required to support the industry (i.e., compliance, operations, fund accounting, etc.). 
  • Eagerness to engage in learning opportunities not only within the mutual fund industry (1940 Act), but also with the Charles River Compliance System. 
  • Ability to understand and adhere to critical, documented procedures to ensure tasks are completed with great detail and a mind toward being risk adverse and always compliant. 
  • 1+ years of experience using compliance monitoring systems, Microsoft Excel, and AI tools.

When You Join Our Team 

  • We’ll empower you to learn and grow the career you want. 
  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. 
  • As part of our global team, we’ll support you in shaping the future you want to see. 

#LI-Hybrid

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact hr@manulife.com.

Referenced Salary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$53,250.00 USD - $88,750.00 USD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify

Company: John Hancock Life Insurance Company (U.S.A.)

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FAQs About Investment Compliance Analyst Jobs at Manulife

What is the work location for this position at Manulife?
This job at Manulife is located in Boston, Massachusetts, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Manulife?
Candidates can expect a pay range of $53,250 and $88,750 per year.
What employment applies to this position at Manulife?
Manulife lists this role as a Full-time position.
What experience level is required for this role at Manulife?
Manulife is looking for a candidate with "Entry-level" experience level.
What benefits are offered by Manulife for this role?
Manulife offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Family/Dependent Health, Paid Holidays, Paid Vacation, Paid Sick Leave, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Manulife?
You can apply for this role at Manulife either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.