Investment Compliance Analyst

About the role

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.

LI-Hybrid

The role being advertised is an existing vacancy.