Financial Advice Risk Consultant

Role Summary:

• Permanent Role

- Between £35,000 - £40,000 per annum – See details below for benefits

• Hybrid working (Birmingham office once per week)

Who are We?

We specialise in providing financial services to some of the nation’s most trusted professions: GPs, hospital doctors, dentists and teachers, and have been doing this since 1841. Our customers are extraordinary - the people who shape the world we live in for the better. We chose to shape our world around the exceptional.

We currently employ around 1400 people, and our success comes from a history of evolving to embrace new challenges. Transformation is key to how we work, so no matter what your job title might be, if you are someone who can help us shape the future, you’ll fit right in and have a voice here.

We are proud supporters of the ABI Making Flexible Work campaign which means we are open to discuss flexible working, job shares and part time options. We also support hybrid ways of working, where you can split your week working from home and the office.

Your Role:

To provide an efficient and professional Advice Assurance service in accordance with the agreed risk-based methodology.

You will mitigate Advice Risk by working with fully competent Specialist Financial Advisers (SFAs) to assess and give feedback on the quality of their advice and the documentation held within the records.

You will also support new SFAs to coach and mentor improvements in their advice quality, and occasionally supporting SFAs in providing more complex and higher risk Financial Advice.

What you’ll be doing:

• 
  Assessing advice given by SFAs, ensuring advice is in line with guidance & regulation
• Supporting new SFAs in improving their advice quality
• Providing accurate and consistent written and verbal feedback to Financial Advisers
• To offer SFAs focussed support on checking-based queries to help them prepare their advice and resolve any outstanding issues on their cases.

We know the best teams are made up of inclusive groups of diverse people where everyone’s contribution counts, and we believe everyone has the right to proudly be themselves. We’re building a culture where difference is actively encouraged and simply recruit the best people for the job irrespective of lifestyle, life history and life choices.

We understand that there are a wide range of reasons that you may require reasonable adjustments to the recruitment process- please let us know in your application how we can best support you.

We’re looking for:

• Demonstrable Financial Services Advice Assurance experience
• Ideally qualified or working towards Diploma in Financial Planning (DipFA level 4) or equivalent
• Excellent knowledge and understanding of the Regulatory framework of the UK financial services industry
• Knowledge of a wide range of financial services products and services including pensions, investments, protection and inheritance tax planning
• Excellent verbal, written and numerical skills

The financials on offer:

• Annual salary between £35,000 - £40,000 per annum (dependent on experience), reviewed annually
• Annual Performance based Bonus –
• A great pension scheme – company matched plus 2% (up to 10%).

When you’re working in the office, we’re based on Colmore Circus Queensway in Birmingham

• Close to rail links: 0.1 mile from Snowhill and 0.5 mile from New Street
• Free onsite car parking available (bookable in advance to secure your spot)

Reward and Recognition (The core benefits you’d probably expect)

• 
  28 days holiday plus bank holidays, when you’ve been at Wesleyan for 5 years, this increases to 30 days.
• Buy extra holiday days or sell holiday you don’t need.
• Life assurance – worth four times your base pay
• Flexible benefits – includes our travel loan/car parking scheme, cycle to work programme plus others
• Discounts – across major brands in retail, health, wellbeing and leisure.
• Employee assistance programme – we help you, take care of you

Flexible & Inclusive (The extras you might be surprised by):

• Culture day- an additional day off to utilise in any way you personally choose
• Volunteering days – 2 paid days per year
• Enhanced Maternity Pay: 16 weeks at 100% average earnings (decreasing over time)
• Enhanced Paternity Pay: 100% of average earnings for up to 8 weeks
• Menopause Support Plans
• Access to Mental Health First Aiders
• Salary sacrifice scheme for ultra-low emission cars (electric and plug in hybrids)

Why Wesleyan?

• We are committed to the personal and professional growth of our people; the proportion of our vacancies that are filled internally continues to grow each year: 2021 – 27%, 2022- 28% and 2023 - 33%. Which represents around 365 career development opportunities from circa 1260 vacancies across those 3 years.
• The Wesleyan Foundation- we’ve donated over £5 million to worthy causes across the UK.
• We are committed to continuing to understand and improve the impact we have on society and our environment. Sustainability at Wesleyan
• Supporters of the Women in Finance Charter and a founding member of the Women in Business network
• Stonewall Bronze Award
• From our most recent Employee Survey, 75% of our people see their colleagues as friends
• Here’s what our people say about us: EVP (INT) - Why do you like working at Wesleyan?

We are unable to provide VISA sponsorship, and therefore cannot employ anyone who does not have the legal right to live and work in the UK – within our recruitment process you will be asked to provide evidence of your Right to Work.

Please note this is role is subject to regulatory requirements. As a financial services organisation we are committed to adopting the highest standards and we do this by employing individuals with the appropriate skills, experience and integrity to protect the Wesleyan Group and our customers. Relevant checks and assessments will be carried out during the recruitment process. The nature of the checks will depend on whether the role is subject to the Senior Managers and Certification Regime (SMCR) or the Insurance Distribution Directive Please note a criminal record check and credit check will apply and this role is also subject to ongoing checks in line with the Group SMCR Framework (Fit & Proper Policy).

Any unsolicited submissions from agencies will be accepted as a direct application from the candidate and no fees will be payable.

We reserve the right to close adverts early if we receive a high volume of applications; we would therefore recommend an early application if you’d like to be considered for our opportunities.