Compliance Supervisor

Job Title: Compliance Supervisor
Contract Type: Permanent
Location: Horsham, West Sussex
Salary: £34000 - £39000 per annum
Reference: BB998099090_1509443486
Contact Name: Tanya Etheridge
Contact Email:
Job Published: October 31, 2017 09:51

Job Description

Compliance Supervisor

Main Function of Job:

Assist in embedding a positive compliance culture across the Company and within its Networks, helping Firms deliver robust and repeatable best practices and to identify and mitigate risk. To be a point of contact for Member Firms and Training and Competence Supervisors of The Company and offer Compliance support to ensure their adherence to the Rules, Guidance and Procedures in place which govern the activities of regulated individuals and firms, helping to ensure a positive outcome is achieved for consumers.

Main Duties

a. To provide support to the Head of Regulatory Standards by conducting Focused Audits of the activities of individuals and firms where there is evidence of the Firm or Individual being of a risk to the Company arising from their activities.

b. To conduct Induction, Monitoring, Investigation, Remedial and Exit Visits on Firms using pre-prepared check sheets and any special instructions or directions agreed by the Head of Regulatory Standards according to individual circumstances, and accurately recorded outcomes on the in-house systems. These visits may be on site around the UK or conducted remotely from the Horsham office.

c. To review client files to confirm suitability and good consumer outcomes and adherence to regulatory and Company requirements, and identify and require remedial action from members firms where necessary.

d. To identify any Breaches or Misconduct by firms and individual and report any training/compliance failures to the Head of Regulatory Standards.

e. To provide feedback and prepare action plans for firms and individuals following any audit and to complete a risk evaluation of each individual within the firm and an overall risk assessment of the firm based upon the findings of any audit.

f. To provide guidance to firms and individuals in setting up and maintaining good business and compliance practices and procedures, to include review and approval of financial promotions and the provision of technical support.

g. To provide feedback to other departments within The Company and to take remedial action to ensure that satisfactory relationships are maintained between the Company and the individual or firm.

h. To perform any role as required for the successful implementation of the company Compliance Plan.

i. To handle consumer complaints in a fair and non-biased manner, in accordance with regulatory requirements and in-house procedures, and to document these effectively to allow root cause analysis to support the continued improvement of consumer outcomes for the company.

j. To undertake or lead project work where required by the Head of Regulatory Standards.

k. To maintain continual professional development and skills.

Qualifications Required:

Level 4 Diploma in Financial Planning (Essential)

Experience Required:

Experience within a Regulated Financial Services Company for at least 12 months is essential.
A compliance or paraplanning role within a regulated firm is desirable.

Knowledge Required:

Working knowledge of the FCA Rules.
Awareness of the rules and regulations of other relevant bodies (e.g. JMLSG, FATF, ICO).
Working knowledge of the financial services industry, products and risks.
Working knowledge of a Compliant Sales Process and Disclosure requirements, especially in relation to Defined Benefit

Practical Skills

Demonstrate sound analytical skills with high attention to detail.
Demonstrate sound IT Skills with particular regard to Word Processing, Spreadsheets and Email.
Demonstrate good report writing skills, including the use of plain English.

Person Specific

* A confident individual possessing a sound systematic and methodical approach to work while under pressure is essential.
* The ability to communicate at all levels, in person and in all media types, sensitively and effectively.
* Ability to work independently and on their own initiative, and as part of a team.
* Commitment to continuing professional development.
* Customer focussed, understanding the views and needs of others.

If the above sounds like you, do not hesitate to apply now!

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