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Our client is a wealth management business who have enjoyed a period of sustained growth and continue to have a unique and successful business model. This growth has included an increase in Financial Adviser population, and they now require a further compliance consultant in support.
The compliance consultant will support their advice function with duties including the following.
- Carry out file reviews and maintain a log of checks undertaken:
- Check all documentation for completeness and consistency.
- Review and assess Adviser recommendations to clients for suitability, in respect of the firms discretionary managed service, ISAs, Pension, Annuity broking, Pension Transfers/Switches & Drawdown.
- Communicate any findings with both the Adviser and appropriate senior management (monitor and assess the remedial action to ensure satisfactory completion) Responsibility for the delivery of the Compliance Monitoring Plan (CMP):
- Completion of scheduled monitoring reviews in a timely manner.
- Identify and investigate issues and/or trends which may adversely affect the businesses ability to comply with applicable legislation and/or regulations;
- Produce compliance review reports for Senior Management; Follow-up activities to ensure effective remediation of issues identified from the monitoring reviews and take responsibility for the delivery of agreed corrective actions and resolution of issues where appropriate.
- Review and sign off literature and educational presentations against the firms’ services & the FCA Financial Promotion rules.
- Undertake, monitor, and record anti-money laundering checks.
- Carry out peer checks. Assess and action all decline leads ensuring internal processes have been adequately met and ICO regulations adhered to.
- Assist with other operational duties as necessary. Being passionate and demonstrate behaviours in line with the Company’s ethos, vision, and key principles.
Candidate Requirements:
Certificate in Financial Planning RO4 or equivalent. *Working towards or willing to work towards attaining the Diploma in Financial Planning or equivalent.
Investment & pensions experience within the financial services industry.
Candidates with transferrable skills, i.e., Paraplanners or ex Advisers
The Rewards
A negotiable basic salary together with an employee benefits package. In addition, our client employees enjoy a great working environment from a supportive employer.
