File Checker - Wealth Management

Thornbury Recruitment Ltd

Posted 2 days ago, valid for a month

Edinburgh, City of Edinburgh EH105BP, Scotland

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

The position is for a File Checker in the Wealth Management sector, targeting experienced compliance professionals or technical Paraplanners.
The role involves conducting suitability reviews to ensure compliance with internal and regulatory standards and contributing to a culture of continuous improvement.
Candidates should have strong knowledge of UK financial services, experience in assessing the suitability of financial advice, and the ability to provide detailed feedback.
A Level 4 qualification is desirable, and the company is looking for someone with a proven track record in compliance.
The salary for this position is competitive, and candidates should ideally have several years of relevant experience in the field.

File Checker - Wealth Management

Are you an experienced compliance File Checker or a technical Paraplanner looking to move into a file review position? If so, then this could be the role for you.

A regional Financial Advisers are looking to grow their compliance team with an experienced File checker.

Responsibilities:

To undertake suitability reviews according to an agreed timetable, to ensure that advice is in line with internal and regulatory standards.
To contribute to a "continuous improvement" culture and that the outcomes being achieved for clients are suitable and in compliance with all applicable regulations.
To provide feedback and support to the Compliance Manager as to the standards of advice and suitability required.
Ensure all checked client files are compliant within the scope of suitability requirements.
Periodic suitability reports to be checked post issue on a sample basis. Financial Planners to be recommended for sign off once a good track record has been established.
Work with and provide feedback to Financial Planners on an arising basis, highlighting examples of good and poor practice, and agreeing an action plan to address deficiencies with appropriate follow up.
Work closely with the compliance department and keep up to date with industry requirements.

More about you:

Strong knowledge of UK financial services and independent financial advice.
Experience in assessing the suitability of financial advice within the IFA market.
Ability to provide detailed feedback and work collaboratively with advisers.
Level 4 qualification (desirable).

Apply now in a few quick clicks

File Checker - Wealth Management

Back Office Administrator

Tax Assistant

Administrator