Senior Compliance Officer - London

Senior Compliance Officer - London

Our client is an award-winning financial services provider based in The City, specialising in areas such as HNW Mortgages, Wealth Management, General Insurance, Life Insurance, Short Term Lending, Commercial Finance and Asset Finance.

We are looking for a financial services compliance professional, preferably with a bias toward IFA / Wealth Management and insurance (life and general insurances), rather than mortgages. The successful individual will be "pro business", providing robust compliance but also giving internal stakeholders the tools to thrive.

As Senior Compliance Officer, you will be expected to adhere to and complete monitoring and operational tasks as set out in the Department’s Compliance Monitoring Plan.

Responsibilities:

• Auditing of Adviser files for Regulated Mortgages, Non Regulated Mortgages, Pure Protection, General Insurance and Wealth Management files.
• Provide face-to-face and telephone feedback where appropriate.
• Production of Compliance Audit Reports regarding the audits conducted.
• Complaints Handling (from investigation through to conclusion).
• Completing an annual Complaints Route Cause Analysis
• Production and analysis of Management Information.
• Dealing with adhoc KYC/CDD Queries including possible sanction matches
• Suspicious Activity Investigations / NCA reporting (from investigation through to conclusion).
• Evaluate jurisdiction risk and compile the annual Country Risk Assessment.
• Completion of the Company-wide Financial Crime Risk Assessment
• Submitting FCA returns.
• FIT & Proper Checks including updating the FCA Directory and SMCR tasks.
• Responding to data protection rights requests.
• Assisting with Data Protection activities such as updating the ROPA.
• Approval of standard documents and Financial Promotions.
• Assisting with completion of the firm’s risk assessment.
• Assisting with completion of all tasks under the Product Governance Regime.
• Review, interpret and communication new legislation, regulation and guidance.
• Assisting the Compliance & Operations Director with updating of departmental and company policies and procedures.
• Training, and possible supervision, of other members of the Compliance Department.
• Assisting with company wide training on policies, procedures and regulation changes
• Skills required:
• Must have at least 4 years compliance experience within financial services, ideally within an IFA / Wealth Management environment.
• Must have demonstrable Compliance experience in financial services.
• Must possess the relevant qualifications for the business areas involved in e.g. mortgages (CeMAP or equivalent), protection (RO5), Wealth Management (QCF Level 4 qualified). Desirable - General Insurance CII certificate.
• Must have adequate knowledge of FCA regulations.
• Must have an understanding of the requirements under The Consumer Duty.
• Must have excellent interpersonal and communication skills.
• Must have excellent analytical skills and happy to work in a structured environment.
• Must be able to prioritise and manage own time effectively.
• Must be able to work as part of a team and individually.
• Must have the skills to supervise, train and coach other individuals.
• Must have adequate IT skills and knowledge to discharge the role effectively.

On offer:

£50 - 75k Basic Salary + Bonus + Benefits (Dependent on experience)