• beckyraithby

Compliance Manager - Dover, Kent - £30,000 - £45,000 per annum

Clark James Recruitment are working with a leading IFA Business within the Kent area.


Due to ongoing growth within the business our client are keen to appoint a Compliance Manager to join their team.


Role


To assist the Compliance Director in the delivery of the Compliance, Training and Competency services to the business and consultants.

This includes the supervision of individual consultants and ensuring the adherence to FCA Principles and Conduct of Business Rules, the businesses Compliance and Training and Competence (T&C) schemes.

Managing and overseeing the activities of the Compliance Managers and Compliance Administration Assistants.


Duties and Responsibilities


Production of the Compliance Plan

Production of the Governance Plan

Maintenance of Central Risk Register

Production of the T&C Scheme

Coordination of AML guidance

Administer the TCF Plan

Draft and issue compliance bulletins as required

Produce the communicate regulatory change into the business as required

Coordinate the complaints process

Provide technical expertise in support of the businesses mission to provide compliant financial advice for their clients

Support and participate in all matters relating to the formulation and operation of Compliance Policy

Create company standard operating procedures

Production of appropriate oversight MI throughout the business

Pre-approval of cases required by risk management criteria

Oversight of Compliance Register routine maintenance

Liaison with external Service Providers


Communicate with FCA on matters relating to Permissions, Approved Persons authorisation and T&C

Coordinate and promote the provision and utilisation of paraplanning services pension transfer specialists

Arrange the renewal of professional indemnity (PI) cover and liaise with PI insurers on all matters relating to claims

Establish and maintain a network of technical expertise on matters relating to delivery of financial advice and regulation

Oversee the third party audit of compliance procedures


Training and Competency


Oversight of periodic KPI production for business and advisers

Conduct, create and deliver training programmes as required to ensure staff and adviser competencies are maintained

Delivery of new adviser Induction Courses

Production of Induction Course reports and new adviser authorisation

Ensure the delivery of the Throgmorton T&C scheme

Provide counsel and coaching to consultants in relation to business activities and advice

Conduct 1 to 1 meetings with consultants as required

Attend and achieve a satisfactory level of training as required in relation to the job role including anti-money laundering, data protection and complaints handling


Other Duties


Assist in the production of figures for FCA returns

Maintenance and oversight of systems

General management of the Compliance Department and its staff

Participate and provide input in project work as required from time to time

General telephone and email enquiries

Money laundering reporting


Candidate


A diploma level (level 4) Financial Services qualification or higher

Knowledge of FCA regulations and the FCA Handbook

Change management experience

Experience in a Leadership and/or Supervisor role

Knowledge of Quantitative and Qualitative Analysis as applied to Financial Services

Good knowledge of Microsoft Word and Excel in order to prepare and format client facing documents and to prepare spreadsheets which utilise formulas combined with the ability to sort spreadsheet data

Experience of Compliance as applicable to Financial Services

High level of interpersonal skills in order to communicate compliance findings and requirements positively to colleagues

Ability and desire to identify and prioritise tasks in order to meet the timescales relating to compliance reporting requirements


Clark James Recruitment are working with a leading IFA Business within the Kent area.


Due to ongoing growth within the business our client are keen to appoint a Compliance Manager to join their team.


Role


To assist the Compliance Director in the delivery of the Compliance, Training and Competency services to the business and consultants

This includes the supervision of individual consultants and ensuring the adherence to FCA Principles and Conduct of Business Rules, the businesses Compliance and Training and Competence (T&C) schemes

Managing and overseeing the activities of the Compliance Managers and Compliance Administration Assistants.

Duties and Responsibilities


Production of the Compliance Plan

Production of the Governance Plan

Maintenance of Central Risk Register

Production of the T&C Scheme

Coordination of AML guidance

Administer the TCF Plan

Draft and issue compliance bulletins as required

Produce the communicate regulatory change into the business as required

Coordinate the complaints process

Provide technical expertise in support of the businesses mission to provide compliant financial advice for their clients

Support and participate in all matters relating to the formulation and operation of Compliance Policy

Create company standard operating procedures

Production of appropriate oversight MI throughout the business

Pre-approval of cases required by risk management criteria

Oversight of Compliance Register routine maintenance

Liaison with external Service Providers


Communicate with FCA on matters relating to Permissions, Approved Persons authorisation and T&C

Coordinate and promote the provision and utilisation of paraplanning services pension transfer specialists

Arrange the renewal of professional indemnity (PI) cover and liaise with PI insurers on all matters relating to claims

Establish and maintain a network of technical expertise on matters relating to delivery of financial advice and regulation

Oversee the third party audit of compliance procedures

Training and Competency


Oversight of periodic KPI production for business and advisers

Conduct, create and deliver training programmes as required to ensure staff and adviser competencies are maintained

Delivery of new adviser Induction Courses

Production of Induction Course reports and new adviser authorisation

Ensure the delivery of the Throgmorton T&C scheme

Provide counsel and coaching to consultants in relation to business activities and advice

Conduct 1 to 1 meetings with consultants as required

Attend and achieve a satisfactory level of training as required in relation to the job role including anti-money laundering, data protection and complaints handling

Other Duties


Assist in the production of figures for FCA returns

Maintenance and oversight of systems

General management of the Compliance Department and its staff

Participate and provide input in project work as required from time to time

General telephone and email enquiries

Money laundering reporting

Candidate


A diploma level (level 4) Financial Services qualification or higher

Knowledge of FCA regulations and the FCA Handbook

Change management experience

Experience in a Leadership and/or Supervisor role

Knowledge of Quantitative and Qualitative Analysis as applied to Financial Services

Good knowledge of Microsoft Word and Excel in order to prepare and format client facing documents and to prepare spreadsheets which utilise formulas combined with the ability to sort spreadsheet data

Experience of Compliance as applicable to Financial Services

High level of interpersonal skills in order to communicate compliance findings and requirements positively to colleagues

Ability and desire to identify and prioritise tasks in order to meet the timescales relating to compliance reporting requirements


Desirable


Knowledge of compliance gained in a wealth management or financial advice environment

Experience of monitoring case files for adherence to Financial Conduct Authority (FCA) regulations and file quality

Generic technical knowledge of retail financial products e.g. pensions, unit trusts, investment bonds, OEICs and life assurance

Knowledge of personal taxation of retail financial products e.g. pensions, unit trusts, investment bonds, OEICs and life assurance

Experience of working in an environment adhering to the FCA principles for Conduct of Business (COBS) and Treating Customers Fairly (TCF)

Experience of communicating compliance principles to financial advisers

Experience of working with client sensitive information within the requirements of the Data Protection Act


Liability and Disclaimer

The information contained in our advert including any salary or on target earnings information is given in good faith and Clark James Ltd uses all reasonable efforts to ensure that it is accurate. However, Clark James Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Clark James Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.


Knowledge of compliance gained in a wealth management or financial advice environment

Experience of monitoring case files for adherence to Financial Conduct Authority (FCA) regulations and file quality

Generic technical knowledge of retail financial products e.g. pensions, unit trusts, investment bonds, OEICs and life assurance

Knowledge of personal taxation of retail financial products e.g. pensions, unit trusts, investment bonds, OEICs and life assurance

Experience of working in an environment adhering to the FCA principles for Conduct of Business (COBS) and Treating Customers Fairly (TCF)

Experience of communicating compliance principles to financial advisers

Experience of working with client sensitive information within the requirements of the Data Protection Act



Apply today to Justin Preston:justin.preston@clarkjames.co.uk or call 01634 673155


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Liability and Disclaimer

The information contained in our advert including any salary or on target earnings information is given in good faith and Clark James Ltd uses all reasonable efforts to ensure that it is accurate. However, Clark James Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Clark James Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert.


Justin Preston



01673 847140

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