Compliance Officer

Compliance Officer

London

c. £60,000 basic plus benefits

Our client provides a broad range of wealth management andfinancialplanningservices,tailored via in-housemodelportfoliosanddiscretionaryinvestmentmanagementservices. They are whollyindependentandalways seektoprovidethemostappropriatesolutions for their clients.

Above all they believe that supporting their advisers to deliver positive clientoutcomesiscentral to theirfunction.

JobPurpose:

As a ComplianceOfficer withintheircompliancemonitoringteamyouwillassisttheHead of Regulatory Compliance & Risk in ensuring that the business meets with the requirements placed uponit by the regulators, authorities and legislation.

You will assist the Head of Regulatory Compliance & Risk in promotinga professional, positive and efficient compliance ethos in the Compliance team and assistwith regulatory compliance queries and other tasks pertinent to the team’s objectives ofensuringgoodcustomeroutcomesatalltimes.

GeneralResponsibilities:

• To undertake horizon scanning of regulatory updates and guidance from the FCA and provide concise and informative summaries to the business.
• To draft, update and maintain all compliance and associated policies and procedures for the business as required.
• Review and sign off operational business procedures as required.
• Assist in the sign off of any exceptions to compliance policies.
• Assist in the maintenance of the compliance section on the Intranet.
• Assist in the reporting of suspicious transactions.
• Approve all client facing material promotions to ensure compliance with FCA rules and guidance.
• The investigation of regulatory complaints in accordance with DISP and maintaining the complaints register.
• Maintain the breach register and report accordingly.
• Operate the compliance helpdesk and provide responses to all queries within agreed service standards.
• Deliver compliance roadshows across the business to provide practical regulatory support and guidance to all staff.
• Support the Head of Regulatory Compliance & Risk in the design and delivery of compliance-related MI.
• Plus any additional duties and responsibilities that may reasonably be expected to be undertaken in accordance with the role.

Requirements:

• Hold, or commitment to achieve, the appropriate regulatory qualification at QCF Level 4 (ie Diploma in Financial Planning).
• Evidence of Continuing Professional Development (CPD) as required to maintain and enhance knowledge and skills.
• Technical knowledge and understanding.
• Good understanding of pensions, wealth management and employee benefit markets.
• Good knowledge of UK regulation.
• Extensive and up to date technical knowledge of the financial planning process through appropriate industry exams and CPD, including products, funds, pensions, markets, appropriate financial instruments, the required regulatory standards and their relevance to private clients.
• Up to date with key developments, industry/market changes and regulations.
• Well-developed and effective communicator both verbally and in writing, exhibiting good questioning and listening skills, including excellent report writing skills.
• At least 3 years’ experience in a compliance monitoring function of a Wealth Management/Financial planning and Employee Benefit business.

How to Apply:

Please send your CV immediately to Stuart or contact him directly on 0 7 7 4 7 7 8 2 9 3 4 for a discreet and confidential chat.