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 well-established firm with a collaborative atmosphere.
- Why this job: Make a significant impact by ensuring compliance and shaping the future of financial advice.
- Qualifications: Level 4 Diploma in Financial Advice and 2+ years in a technical financial planning role.
The predicted salary is between 60000 - 80000 £ 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
- LEI renewal 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
Join a nurturing and inclusive primary school in Upton Park, where you will be part of a dedicated team committed to making a difference in the lives of children with special educational needs. With a strong emphasis on professional development, you will have ample opportunities for growth while enjoying a supportive work culture that values collaboration and innovation. This role not only offers competitive pay but also the chance to create meaningful connections and foster a positive learning environment for students.
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! Get out there and connect with people in the compliance field. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory requirements and compliance frameworks. We recommend doing mock interviews with friends or using online resources to practice common questions. Confidence is key, so know your stuff!
✨Tip Number 3
Showcase your expertise! When you get the chance to meet potential employers, bring along examples of your work, like compliance reports or training materials you've developed. This will demonstrate your hands-on experience and commitment to the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Head of Compliance role. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that dream job!
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 projects, and any relevant qualifications like the Level 4 Diploma in Financial Advice. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific compliance responsibilities you've handled and how they relate to what we’re looking for. Let us know why you want to join our team!
Showcase Your Achievements:Don’t just list your duties; showcase your achievements! If you've led successful regulatory change projects or improved compliance processes, share those stories. We love to see how you've made a difference in your previous roles.
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. Plus, it’s super easy!
How to prepare for a job interview at Bond Recruitment
✨Know Your Compliance Stuff
Make sure you brush up on all things compliance before the interview. Familiarise yourself with FCA regulations, internal policies, and any recent changes in the industry. Being able to discuss these confidently will show that you're not just a candidate, but a knowledgeable expert.
✨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 strategies in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Prepare for Scenario Questions
Expect scenario-based questions where you might need to demonstrate how you'd handle specific compliance issues or regulatory challenges. Think about potential situations you could face in this role and how you would approach them. This will help you think on your feet during the interview.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the company's current compliance challenges or their approach to regulatory changes. This shows your genuine interest in the role and helps you gauge if the company is the right fit for you.
