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Compliance Officer: Basic To £60k + Package & Bonuses, working for a Dynamic IFA & Wealth Manager, Hybrid role
Working for a growing & dynamic wealth management firm you will be responsible for ensuring that the firm operate within the guidelines of the Financial Conduct Authority by implementing and overseeing company compliance policies and procedures. The firm promote a fun and collaborative environment, where the whole team really enjoy working together.
The Compliance Officer role will require you to coordinate the training & competence requirements of the staff and organize training where required to ensure that the team are monitored and supported in their roles.
Key Responsibilities of the Compliance Officer role:
Compliance
- Complying with the Financial Services and Markets Act 2000, the FCA’s Conduct rules and Statements of Principle & Code of Practice and any relevant correspondence from the FCA at all times
- Dealing with the regulator in an open and cooperative way when required and disclosing anything relating to the firm of which the FCA would reasonably expect notice.
- Making sure appropriate ethical standards exist within the firm at all times
- Keeping up to date with relevant regulatory, product, legislative, technical requirements
- Making sure appropriate systems and controls are in place covering all areas of the firm’s business activities and these are reviewed on a regular basis
- Making sure the firm maintains accurate, detailed and up to date compliance records across all areas of the firm’s business activities
- Reporting to the firm’s Leadership team on a monthly basis on all relevant compliance issues
- Reporting, on an ad hoc basis to the management body where significant compliance risks are identified
- Ensure quality of advice maintained & monitored via pre-sale checks of a selection of advice files and post sale checks.
- Carry out product due diligence when required
- Review & signoff financial promotions
T&C
- Assess adviser conduct metrics against a pre-defined set of KPIs
- Monitor adviser development plans
- Carry out observed meetings / role plays
- Assist with quarterly adviser T&C meetings
- Monitor and adapt the company T&C scheme to changing regulatory requirements
- Arrange training for regulatory changes
- Ensure all staff have and passed the relevant annual testing and carry out fit and proper assessments
AML & Data Protection
- Assisting the SMF17 to make sure the firm’s financial crime and anti-money laundering procedures are kept up to date at all times and staff notified of any changes
- Making sure all staff are aware of and appropriately trained on the firm’s anti-money laundering and financial crime procedures
- Assisting the SMF17 to make sure the firm has adequate data security policies and procedures in place and that these are implemented properly
Skills, Knowledge and Experience for the Financial Services Compliance Officer role:
- Good understanding of COBS & other relevant regulatory guidance
- Highly organised
- Computer literate
- Polite and courteous
- Energy, enthusiasm and drive
- Good team player
- Honest and ethical approach to business
- Good people skills
- Focused and driven to achieve goals
Please forward your CV in confidence quoting RH987345
