Connecting...

Compliance, Quality & Risk Analyst - West Sussex - FinTech

Job Title: Compliance, Quality & Risk Analyst - West Sussex - FinTech
Contract Type: Permanent
Location: Horsham, West Sussex
Industry:
Salary: £35000 - £40000 per annum + 22 days holiday, pension, shares
Start Date: asap
Reference: BBTE003_1580128441
Contact Name: Tanya Etheridge
Contact Email: sales@fusionpersonnel.com
Job Published: January 27, 2020 12:34

Job Description

Skills and knowledge
− Detailed knowledge of FCA Handbook, objectives and their interpretation/application
− Ability to provide and deliver individual new business file review feedback, guidance and support to our Directly Authorised member IFA firms
− Ability to train and motivate others whilst remaining flexible and adaptable
− Highly developed analytical, observational, empathy, listening and communication skills
− Manage business relationships with directly authorised IFA firms, business owners and key decision makers
− Demonstrates willingness to listen and work pro-actively with IFA firms
− In depth knowledge of compliance and training and competence (T&C) FCA regimes
− Demonstrates an 'outside the box' solutions approach to problem solving
− Identifies solutions rather than problems with an ability to work proactively with member DA firms

Qualifications requirements

− Diploma Qualified or active CPD to sit exams in regulated financial planning (or equivalent), with significant progress towards the achievement of further qualifications desired
− Additional qualifications in compliance, audit, risk and or supervision desired

General Responsibilities
− Keeping up-to-date with regulatory and industry developments
− Responsibility for the delivery of the function's File Review Service to Directly Authorised IFA firms
− Timely communication to advisers, feed back file review grades with remedial actions if required
− Maintain daily/weekly and monthly file review output reporting spreadsheets. Organise a specified and growing number of directly authorised firms UK wide
− Schedule and manage own diary of File Review activities, other assigned compliance project work within desired timescales in accordance with function's service standards
− Maintain a technical helpdesk answering compliance queries from IFA firms via phone and email

− Deal with compliance, regulatory and business-related enquiries from DA IFA firms

− As necessary provide compliance support to DA IFA firms and guidance to ensure compliance with regulatory rules and principles for businesses
− Liaise effectively with business owners in respect of regulatory issues and provide guidance and support, as required
− When required, assist the Senior Compliance Consultant in providing a timely response to requests for information and or project work
− Provide support to the Consultancy Function relating to the research and production of bulletins, regulatory news and other adhoc projects
− Provide DA IFA guidance on regulatory issues, FCA news, bulletin updates
− Assist with the review and sign off IFA promotions, regulatory updates, DA Bulletins and provide guidance where required
− Liaises with business owners in a professional and ethical manner
− Handles all enquiries and visits in line with agreed service levels
− Manage business relationships with IFA Principle owners
− Provide support and input to DA Function, areas include DA IFA Procedures, Compliance Manuals, Bulletins, T&C Scheme, Suitability Report Templates, Guides and other regulatory documents

Compliance Support Responsibilities
− Apply an intensive and intrusive (where required) risk-based, and more importantly a common-sense, approach to compliance support and all aspects of the DA compliance function
− Undertake file reviews with feedback using Enable system ensuring that findings and grades are accurately recorded, and feedback is constructive and supportive
− Provide timely updates to IFA business owners of business risks and failing in standards
− Work alongside the function's Compliance Consultants
− Monitor KPI data and management information in respect of DA firms, whilst identifying adverse trends/risks and reporting or handling them accordingly to business owner and respective IFAs
− Provide consultancy support, guidance & assessments in respect of product knowledge and appropriate selling practices, and provide relevant feedback to IFA and support and provide 1:1 guidance to business owner and or individual IFA where necessary
− Monitor file review case load each month, complete monthly file review checks on our firms and manage any issues proactively through to resolution
− Undertake additional compliance project work as designated by the Senior Compliance Consultant

Ad-hoc Responsibilities
− Manage tasks and projects as delegated by the Compliance Director/Compliance Consultancy Function, applying a can-do attitude with enthusiasm and a positive approach
− Complete tasks to a high ethical standard and apply initiative to accommodate for wider issues.

Desirable Qualifications and Experience
− Level 4 or 6 Advanced Diploma working towards Chartered Status and or Level 7 or 8− J07

Supervision in a Regulated Environment (desirable)

Specialist qualifications:
− Equity Release/lifetime mortgages - ER1 & HR1 or equivalent.
− Occupational pensions - Combination of J04, J05 & AF3 or equivalent.
− Long Term Care - CF8
− Mortgages - CeMAP/MAQ/CF6
− Single share-based investments - Level 4 diploma + IMC or securities gap fill
− Significant compliance experience within the financial services, preferably DA IFA sector, network, national and in an investment or insurance environment. An in-depth understanding of FCA/PRA regulatory rules & expectations.
− Demonstrable experience of providing compliance and training support to Directly Authorised IFA firms or within a Network of Financial Advisers or National IFA.

To be considered for this role, APPLY NOW! Due to a high level of interest in this position, we can only get back to those who sucsesfuly made the shortlist!

Get similar jobs like these by email

By submitting your details you agree to our T&C's