At a Glance
- Tasks: Lead compliance initiatives and ensure adherence to regulatory standards in a dynamic financial environment.
- Company: Respected Independent Financial Advisers firm based in Altrincham.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Opportunity for career growth in a fast-paced, evolving industry.
- Why this job: Make a real impact by shaping compliance strategies in a reputable firm.
- Qualifications: Level 4 Diploma in Financial Advice and 2+ years in a technical financial planning role.
The predicted salary is between 48000 - 72000 € per year.
Bond recruitment is delighted to be recruiting for a Compliance Officer on behalf of our client, a very well established and well respected firm of Independent Financial Advisers based in Altrincham. The Head of Compliance is responsible for overseeing and managing the compliance function within an organisation, ensuring that the company and its employees are adhering with internal policies and procedures and also with regulatory requirements.
Compliance Responsibilities
- Lead and implement all regulatory change projects
- Complete all ongoing FCA reporting returns
- Maintain data on FCA directory
- Act as key liaison point for all FCA supervisory and thematic reviews and complete all associated action plans
- Completion of annual PII renewal, working closely with PII broker to secure compliant insurance cover
- Complete file reviews for Mortgage and Investment Advisers and provide pre-approvals of high-risk advice, as per the requirements of the T&C scheme, providing detailed feedback to advisers where required to aid any identified development need
- Produce quarterly and annual compliance MI reporting to the directors
- Manage the Compliance Monitoring plan
- Manage the Risk Register
- Draft key regulatory documents for the directors, including Capital Adequacy, Wind down plan, Business plan
- Produce, implement and monitor completion of all annual compliance staff training and new staff induction
- Management of regulated complaint process, including investigation and communications with clients and FOS
- Oversight and compliance approval of financial promotions
- Provide ongoing regulatory advice, including to directors and Investment Committee
- Key liaison point for external compliance support threesixty, including six monthly business risk assessments and completion of associated action plans
- Implementation and oversight of processes, including CIP, CRP, advice and annual review processes
- Implementation and oversight of all policies, including GDPR, Conflicts of Interest, Vulnerable Clients, product governance, etc
- Oversight and management of SM&CR requirements, including Statements of Responsibility
T&C responsibilities
- Oversight and management of the T&C scheme and all relevant documentation
- Supervision of all regulated adviser roles, including oversight of trainee adviser development plans, annual adviser risk assessments, adviser knowledge assessments, CPD, KPIs, and completion of half yearly appraisals
- Completion and requesting of regulatory references
- Completion of annual fit and proper checks (DBS, credit reference checks, annual fit & proper declarations) and annual re-certification of all certification staff
Requirements
- Level 4 Diploma in Financial Advice
- 2 years or more in a technical financial planning role
Head of Compliance (SMF-16) in Altrincham employer: Bond Recruitment Ltd
Join a highly respected firm of Independent Financial Advisers in Altrincham, where you will play a pivotal role as the Head of Compliance. Our company fosters a collaborative work culture that prioritises employee development and offers comprehensive training opportunities, ensuring you can grow your career while making a meaningful impact in the financial sector. With a commitment to regulatory excellence and a supportive environment, we provide a unique opportunity for professionals seeking a rewarding and fulfilling career path.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance (SMF-16) in Altrincham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their compliance challenges and think about how your experience can help them tackle these issues. Show them you’re not just another candidate; you’re the solution they need!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your compliance knowledge and how it aligns with the role of Head of Compliance.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, applying directly shows your enthusiasm and commitment to the role. Let’s get you hired!
We think you need these skills to ace Head of Compliance (SMF-16) in Altrincham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Compliance role. Highlight your experience in compliance, regulatory requirements, and any relevant qualifications. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your past compliance work and how it relates to the responsibilities listed in the job description.
Showcase Your Skills:Don’t forget to showcase your skills that are relevant to compliance management. Whether it's your ability to manage risk registers or your experience with FCA reporting, we want to know how you can contribute to our team!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
How to prepare for a job interview at Bond Recruitment Ltd
✨Know Your Compliance Stuff
Make sure you brush up on the latest FCA regulations and compliance standards. Being able to discuss recent changes or challenges in the compliance landscape will show that you're not just familiar with the basics, but that you’re proactive and engaged in your field.
✨Showcase Your Leadership Skills
As the Head of Compliance, you'll be leading a team and managing various projects. Prepare examples of how you've successfully led teams or implemented compliance initiatives in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Prepare for Scenario Questions
Expect questions that put you in hypothetical compliance situations. Think about how you would handle regulatory changes or manage a compliance breach. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Understand the Company’s Culture
Research the firm’s values and culture. Tailor your answers to reflect how your personal values align with theirs. This shows that you’re not only a fit for the role but also for the company as a whole, which is crucial for a leadership position.
