At a Glance
- Tasks: Lead compliance strategy and ensure regulatory excellence in a growing wealth management firm.
- Company: Boutique Independent Financial Adviser with a focus on high-net-worth clients.
- Benefits: Competitive salary, performance bonus, hybrid working, and comprehensive benefits package.
- Other info: Join a dynamic leadership team and influence the firm's direction.
- Why this job: Shape the future of compliance while supporting business growth and client outcomes.
- Qualifications: Experience in compliance roles with knowledge of FCA regulations and financial planning.
The predicted salary is between 100000 - 100000 £ per year.
An outstanding opportunity has arisen to join a highly respected boutique Independent Financial Adviser as their Compliance Officer, taking responsibility for the SMF16 (Compliance Oversight) and SMF17 (Money Laundering Reporting Officer) functions. This is a senior leadership role within a successful and growing wealth management business that advises high-net-worth individuals, entrepreneurs and families. The successful candidate will work closely with the Partners and senior management team to shape the firm's compliance strategy, ensuring regulatory excellence whilst supporting continued commercial growth. This is far more than a traditional compliance role. You'll play a key part in embedding a practical, business-focused compliance culture that supports advisers in delivering outstanding client outcomes while maintaining the highest standards of governance.
Responsibilities:
- Holding SMF16 and SMF17 responsibilities
- Preparing and presenting Consumer Duty and AML annual reports
- Designing and delivering a risk-based Compliance Monitoring Programme
- Conducting technical advice file reviews and providing constructive feedback
- Completing RMAR returns and maintaining regulatory reporting
- Managing complaints and overseeing Suspicious Activity Reports (SARs)
- Reviewing and approving higher-risk advice cases, including pension switches, EIS, VCTs and inheritance tax planning
- Developing and enhancing compliance policies, procedures and governance frameworks
- Supporting the Investment Committee with governance of the Centralised Investment Proposition (CIP) and Centralised Retirement Proposition (CRP)
- Delivering compliance training and providing ongoing technical support to advisers, paraplanners and operational teams
- Driving continuous improvement across the compliance function through effective use of technology and management information
The successful applicant will have previous experience undertaking SMF16 and/or SMF17 responsibilities within an established Independent Financial Adviser or wealth management firm.
Qualifications and Skills:
You'll possess a thorough understanding of the FCA Handbook, Consumer Duty, Anti-Money Laundering regulations, financial promotions, complaints handling and GDPR, together with a commercial approach that enables compliance to support business growth. Ideally, you will hold the Diploma in Regulated Financial Planning (or equivalent), relevant compliance qualifications and demonstrate an ongoing commitment to professional development.
Benefits and How to Apply:
In return, you'll join a growing boutique wealth management business where your expertise will genuinely influence the future direction of the firm. Alongside a basic salary of £100,000+, the company offers a performance-related bonus, comprehensive benefits package, hybrid working and the opportunity to become an integral member of the senior leadership team.
Compliance Officer employer: mbf
Join a leading UK wealth management business in Leeds, where you will thrive in a dynamic and high-performing team dedicated to client success. With a clear pathway for career progression to Investment Manager within 1-2 years, alongside outstanding benefits such as a discretionary bonus, generous pension contributions, and private medical insurance, this role offers not just a job but a meaningful career in investment management. Embrace the opportunity to build strong professional relationships and contribute to impactful financial outcomes while enjoying a supportive work culture that prioritises your growth and well-being.
