Address
Form of work
SalaryReed Financial Services are pleased to represent an independent Financial Advisors firm based in Chelmsford, Essex that provides an array of services, including Pensions, Savings & Investments and Protection to clients and businesses. They pride themselves on a proactive approach, advisor opposed to selling mindset and respect at all times.
They are looking for a Compliance Officer on a part-time basis (20hours per week). Advertised as office-based, for the right candidate they are happy to come to a hybrid agreement for those not within commuting distance.
Responsibilities:
• Overall responsibility (SMF16) for day-to-day compliance of the business under the guidance of Simplybiz- Including responsibility for implementation of Consumer Duty and maintenance of Senior Management and Certification Regime
• Delegated responsibility for complaints
• Chairing Senior Management meetings
• Supporting Investment committee
• Completion of Financial Resilience surveys
• Ensure the existing and new business processes and documentation meet current regulation and are fully version-controlled
• Point of contact for compliance queries internally
• Responsible for co-ordinating compliance file checks with Simplybiz and Financial Advisers
• Responsible for signing off Compliance Remedial Work completed by advisers
• Undertaking Fact Find and Adviser Observations
• Responsible for undertaking adviser KPIs and Development Actions plans and ensuring their CPD / SPS is up-to-date
• Maintaining and updating Compliance records
• Responsible for updating compliance plans as and when required
• Responsible for updating FCA register as required
• Responsible for ensuring staff have signed latest declarations
• Ensuring compliance of advertising and promotions
• Ensuring that relevant checks are carried out on new advising staff
• Responsible for ensuring that staff are informed of any new relevant regulation and updating
• staff in monthly team meetings
• Facilitating compliance file checks and chasing advisers for missing information
• New starter documentation process
• Facilitating Annual compliance tests
• Liaise with Simplybiz on bi-annual visits / audits
• Responsible for assisting Finance Director on Gabriel returns (RegData)
• 3rd party checks and introducer agreements
• Overflow time: Compliance file checks
Requirements:
• All plans maintained and renewed before expiry date
• All Advance Wealth business processes meet current regulation
• All staff have adequate records on file to meet the regulation requirements specific to their role
• Ensure Files checks are returned in a timely manner from Simplybiz and remedial work is completed in line with SLAs
• FCA register is up to date
