Compliance Advisory Manager

Location

Employment Type

Department

Appointment Type

Hours

Ref No

About Us:

At Wealthtime, we take pride in our role as a multi-award-winning financial technology company, known for our outstanding 5-star service platform. Our journey is guided by our shared values and behaviours: 'Seek Opportunity', 'Nurture Each Other' and 'Simply Get Going.'

With new ownership since 2021 and significant investments of over £17 million, Wealthtime is on an exciting path of growth. Our team, consisting of approximately 300 dedicated individuals, is at the heart of our journey, and we welcome you to join us as we continue to make our mark in the industry.

About the Role

The Compliance Advisory Manager is responsible for ensuring that Wealthtime Group complies with all relevant laws, regulations, and internal policies. They will provide guidance and support to the business units to ensure compliance with applicable rules and regulations, as well as identify and mitigate compliance risks.

The Compliance Advisory Manager will also be responsible for developing and implementing compliance training programs and monitoring the effectiveness of these programs.

The role holder will support the Head of Compliance maintain a sound and robust compliance framework appropriate to the Wealthtime Group.

Key Responsibilities:

• Develop and maintain a comprehensive understanding of all relevant laws, regulations, and internal policies that apply to the Wealthtime Group.
• Maintain Regulatory development log and provide business impact assessments and regulatory updates in a timely manner.
• Provide guidance and support to business units on compliance matters, including reviewing and approving new products, services, marketing materials and remuneration.
• Deliver compliance training programs to educate employees on relevant laws, regulations, and internal policies.
• Monitor and assess the effectiveness of compliance training programs and make recommendations for improvements.
• Stay up to date on industry trends and changes in regulations that may impact the Wealthtime Group.
• Collaborate with internal stakeholders, such as legal, risk management, and operational teams, to ensure a coordinated approach to compliance.
• Provide support to the Senior Compliance Advisory Manager with regards any investigations and responses to compliance-related complaints and inquiries from regulators, clients, and employees.
• Support the ongoing regulatory and change programs.
• Keeping the Senior Compliance Advisory Manager informed of significant compliance issues and developments.
• Assisting in the identification and assessment of emerging risk including those arising from changes to regulatory obligations.

You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management.

About You

Specialist Skills, Qualifications and Experience:

Essential:

• Good experience in financial services in a 2nd line back-office compliance role.
• Relevant business qualification e.g. Certified Regulatory Compliance Manager or CISI Compliance Diploma
• Able to undertake 'Thought Leadership' with regards to interpretation of the regulatory rules and business impact analysis.
• Working knowledge of and experience in using the FCA Handbook.
• Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks.
• Good communication and interpersonal skills, with the ability to effectively communicate complex compliance issues to non-compliance professionals.
• Ability to deliver specific compliance training on a face to face basis for employees to enable compliance to be embedded in the business.
• Strong attention to detail and organizational skills. Self-motivator.
• Strong IT skills Particularly Excel and other MS office applications

Desirable:

• Similar role held in a Wrap Platform business.

Key Contacts/Stakeholders:

• Operations team
• Sales team
• Regulatory authorities
• Third Party compliance contacts
• Internal auditors

Rewards & Benefits:

Competitive Compensation: We offer a competitive salary that reflects your skills and contributions.

Hybrid Working: Enjoy the flexibility of a hybrid work model, balancing the comforts of home with the camaraderie of the office.

Yearly Discretionary Bonus: Look forward to a yearly discretionary bonus as a token of appreciation for your dedication.

Generous Holiday Package: You'll receive 34 days of holiday per calendar year, including bank holidays. Plus, we offer the option to purchase or sell up to 5 additional days per year, tailoring your time off to suit your needs.

Wellbeing at Heart: We understand the importance of your well-being, which is why we offer a Wellbeing day, allowing you to take a break when you need it most, whether it's for your birthday, moving house, or simply pampering yourself.

Professional Growth: We're committed to your professional development and will support and encourage your career advancement.

Comprehensive Health: You and your family's health is a priority for us. We provide a Private Medical scheme that can be extended to full family coverage, an Income protection scheme, and a Life assurance scheme.

Financial Security: Prepare for your future with our Group contributory pension scheme.

Travel with Ease: We offer interest-free season ticket loans to help with travel costs.

Giving Back: You can participate in our Wealthtime Foundation Day to support charitable activities.

Opportunities for Growth: We actively promote internal progression, so your journey with us can take you from agent to team leader and beyond.

Recognition Matters: Our excellent in the moment recognition scheme ensures your hard work is acknowledged and celebrated.

Wealthtime is an equal opportunities employer that places high value on a diverse and inclusive workplace. We recognise that people work in different ways, appreciate alternative viewpoints, celebrate individuality, and cultivate a culture where everyone can be their authentic selves at work. We are deeply committed to fostering a diverse workforce and welcome applications from individuals of all backgrounds, beliefs, cultures, gender identities, ethnicities, sexual orientations, abilities, and long-term health conditions.