Our industry leading client is looking for a COMPLIANCE & TRAINING SUPERVISOR to join the team! This postion would be REMOTELY BASED and would have a need for you to be in their Horsham based office once a week (Mondays). See below for the full job description!
General Responsibilities:
- Keep up-to-date with regulatory and industry developments
- Maintain a specified span of control up to 40 Registered Individuals, managing and scheduling all aspects of oversight competently and within desired timescales
- Monitor AR firms, coaching and mentoring approved persons both remotely and on-site, to ensure compliance with both regulatory rules and Network procedures
- Liaise effectively with senior management in respect of regulatory and Network issues
- Assist the Compliance Director in providing a timely response to requests for information from the FCA
- Assist in making all appropriate notifications to the FCA
Compliance Monitoring Responsibilities:
- Apply a risk-based and common-sense approach to the compliance monitoring process
- Undertake appropriate file reviews, ensuring that the findings are accurately recorded and handled appropriately so as to mitigate associated risks
- Undertake regular KPI reviews, ensuring that KPI data and management information in respect of AR firms is accurately recorded whilst identifying adverse trends/risks and reporting or handling them accordingly
- Test approved persons according to scheme requirements in respect of product knowledge and appropriate selling practices, and provide relevant feedback and training where necessary
- Test and supervise new joiners to AR firms ensuring that supervision and formal sign-off procedures are applied as appropriate
- Ensure that financial promotions for member firms are approved in accordance with the FCA rules, whilst aiding firms in interpreting and applying the regulatory guidelines on advertising
Ad-hoc Responsibilities:
- Take on tasks and projects as delegated by the Compliance Director/Compliance Manager, applying a can-do attitude and timely approach to work outside that of an individual span of control
- Complete tasks to a high standard, and apply initiative to accommodate for wider issues
Skills and Knowledge:
- Excellent knowledge of retail investment, savings, pension and protection products in the IFA sector
- Strong knowledge of FCA rules and their interpretation/application
- Ability to communicate with others confidently whilst remaining flexible/adaptable
- Highly developed analytical, observational, written and verbal communication skills
Desirable Qualifications and Experience:
- Level 4 Diploma in Financial Planning
- Specialist qualifications:
- Equity Release/lifetime mortgages - ER1 & HR1 or equivalent
- Occupational pensions - J04, J05 & AF3 or equivalent
- Long Term Care - CF8 or equivalent
- Mortgages - CeMAP/MAQ/CF6
- Single share based investments - L4 diploma + IMC or securities gap fill
- Significant experience within the financial services, preferably in an investment or insurance environment with a good understanding of FCA/PRA regulatory expectations
- Experience working within a network of Financial Advisers
To find out more about who this opportunity is with, and more about the role, APPLY NOW!
