- 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
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
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