At a Glance
- Tasks: Lead compliance projects and ensure regulatory standards are met in a dynamic financial environment.
- Company: Respected Independent Financial Advisers firm based in Leek, Staffordshire.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Join a collaborative team with opportunities for career growth and development.
- Why this job: Make a real impact by ensuring compliance and supporting financial advisers in their roles.
- Qualifications: Level 4 Diploma in Financial Advice and 2+ years in a technical financial planning role.
The predicted salary is between 35000 - 45000 £ per year.
Bond recruitment is delighted to be recruiting for a Compliance Officer on behalf of our clients, a very well established and well respected firm of Independent Financial Advisers based in Leek, Staffordshire.
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
Compliance Officer in Leek employer: Bond Recruitment
Join a well-established and respected firm of Independent Financial Advisers in Leek, Staffordshire, where you will thrive in a supportive work culture that prioritises compliance excellence and professional growth. With a commitment to employee development, you will have access to ongoing training opportunities and the chance to lead impactful regulatory projects, all while enjoying a collaborative environment that values your contributions and fosters career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in Leek
✨Tip Number 1
Network like a pro! Get out there and connect with people in the financial services industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on a Compliance Officer role!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and compliance processes. We recommend creating a cheat sheet of key points to discuss, so you can impress your interviewers with your expertise and confidence.
✨Tip Number 3
Showcase your skills through real-life examples. When you're in an interview, use the STAR method (Situation, Task, Action, Result) to explain how you've handled compliance challenges in the past. This will help you stand out as a candidate who knows their stuff!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Compliance Officer 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 Compliance Officer in Leek
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Officer role. Highlight your experience in regulatory change projects and FCA reporting, as these are key aspects of the job. We want to see how your skills match 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 passionate about compliance and how your background makes you a great fit. Don’t forget to mention any specific experiences that relate to the responsibilities listed in the job description.
Showcase Relevant Qualifications:Since a Level 4 Diploma in Financial Advice is required, make sure this is clearly visible in your application. If you have additional qualifications or training related to compliance, include those too – we love seeing candidates who go the extra mile!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Bond Recruitment
✨Know Your Compliance Stuff
Make sure you brush up on the latest FCA regulations and compliance standards. Being able to discuss specific regulatory changes and how they impact the firm will show that you're not just familiar with the basics, but that you’re genuinely engaged with the role.
✨Prepare Real-Life Examples
Think of situations where you've successfully managed compliance issues or led projects related to regulatory changes. Use the STAR method (Situation, Task, Action, Result) to structure your answers, as this will help you convey your experience clearly and effectively.
✨Showcase Your Communication Skills
As a Compliance Officer, you'll need to liaise with various stakeholders. Be ready to demonstrate your ability to communicate complex compliance matters in a straightforward way. You might even want to prepare a brief explanation of a compliance concept to share during the interview.
✨Ask Insightful Questions
Prepare some thoughtful questions about the firm's compliance culture and how they handle regulatory challenges. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your values and work style.
