At a Glance
- Tasks: Ensure high-quality financial advice and compliance while supporting advisers with practical solutions.
- Company: NOVA Wealth, a fast-growing startup revolutionising financial advice in the UK.
- Benefits: Competitive salary, bonuses, private medical, flexible working, and wellness support.
- Other info: Dynamic, diverse environment with opportunities for personal and professional growth.
- Why this job: Join a purpose-driven team making a real impact on customers' financial lives.
- Qualifications: Deep knowledge of financial advice, compliance experience, and attention to detail.
The predicted salary is between 50000 - 60000 £ per year.
About NOVA
NOVA Wealth is a fast growing startup looking to change the face of financial advice and the way it's delivered in the UK. We firmly believe that a human adviser needs to be at the heart of every client relationship, but by leveraging technology we can empower our advisers to deliver higher levels of service and cut out a lot of the day‑to‑day admin that gets in the way. At our core, we're here to build a game changer in the advice industry that delivers better customer outcomes, at a lower cost, for more people. Through customer‑centric advisers supported by our innovative Lifeline technology, we empower our customers to go beyond just making smarter financial decisions to living the lives they dream of.
About the role
At NOVA, we like to do things differently. We deliver full holistic financial advice across investments, pensions, protection and mortgages in an entirely digital way, and we hold ourselves to an exceptionally high standard on advice quality. We're looking for a technically excellent Compliance Manager to be our go‑to expert on what good advice looks like. You'll be the person who really knows the detail; the suitability and Finprom rules and the technical nuances of advice across products. You will use that knowledge to keep our advice quality high and our marketing compliant as we grow. You'll work closely with our Head of Compliance, our advisers, and our technical planners, balancing rigour with a practical, supportive approach that helps advisers do their best work for clients.
What you'll be doing
- Running our advice quality, file checking and monitoring programme, reviewing the suitability of holistic financial advice across investments, pensions, protection and mortgages.
- Being the internal regulatory authority on advice: the person people come to with the tricky suitability and regulatory questions.
- Interpreting and applying FCA rules (especially COBS) in a practical, real‑world way that supports good advice being delivered quickly.
- Maintaining the compliance monitoring plan and working with other teams to embed compliance within them.
- Supporting financial crime / AML checks and other second‑line controls.
- Spotting trends in advice quality and feeding back to advisers and the business to drive continuous improvement.
- Helping keep our policies, procedures and training up to date as rules and propositions evolve.
- Supporting the Head of Compliance with regulatory reporting, projects and FCA interactions.
Deep technical advice knowledge. This is the most important thing. You really know your stuff on suitability and the technical detail of advice across investments, pensions, protection and mortgages.
Advice qualification preferred. A Level 4 or Level 6 Diploma in financial advice with a recognised professional body (CII, CISI, etc.) is a real plus.
Compliance monitoring / advice experience. A background as a file checker, compliance monitoring specialist, senior paraplanner, technical consultant or experienced adviser.
Detail‑oriented. High attention to detail, and the ability to explain technical points clearly and constructively to advisers.
Knowledge of the rules. Strong working knowledge of the FCA Handbook (COBS), Consumer Duty, Financial Promotions, and the basics of financial crime / AML.
Practical and commercial. While technical depth is the priority, you bring a pragmatic, solutions‑focused approach that supports advisers and helps the business move quickly and safely.
You'll feel right at home if you're…
- Helpful: random acts of kindness make the workplace a better place so, go out of your way to be helpful, and give people reasons to smile.
- Straightforward: life is complicated enough. Don't make it harder for yourself, or for others. Sometimes the simplest approach works wonders.
- Bold: every great business started with a flash of inspiration. If you've got a great idea, don't keep it to yourself.
Join a firm with genuine purpose and impact on our customers, along with a strong moral code. Competitive salary + benefits (bonus, pension, private medical, income protection, death in service). Potential to get equity in the company in the future. Access to Wellness / mental health support (Headspace App + mental health support through private medical). Budget for additional learning / cost of exams. Electric vehicle leasing through salary sacrifice / cycle to work scheme. Flexible working hours and hybrid remote working (typically 2-3 days a week working in the office (20 Farringdon Street)). Exceptionally open and diverse, multinational team. Entrepreneurial, creative environment.
Compliance Manager (Financial Advice) employer: Nova Wealth
NOVA Wealth is an innovative startup that prioritises a human touch in financial advice while harnessing technology to enhance service delivery. As a Compliance Manager, you'll thrive in a supportive and entrepreneurial environment that values your expertise and offers competitive benefits, including flexible working hours, wellness support, and opportunities for professional growth. Join us at our vibrant Farringdon location, where you can make a meaningful impact on clients' lives and be part of a diverse, forward-thinking team.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager (Financial Advice)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. The more people you know, the better your chances of landing that Compliance Manager role at NOVA.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA rules and compliance monitoring. Be ready to discuss how you can help maintain high advice quality and support advisers effectively.
✨Tip Number 3
Show off your problem-solving skills! Think of examples where you've tackled tricky compliance issues or improved processes. NOVA loves a bold approach, so don’t hold back!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of our innovative team at NOVA.
We think you need these skills to ace Compliance Manager (Financial Advice)
Some tips for your application 🫡
Show Your Expertise:Make sure to highlight your deep technical knowledge in compliance and financial advice. We want to see how well you understand the nuances of suitability and regulatory rules, so don’t hold back on showcasing your qualifications and experience!
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to explain your past experiences and how they relate to the role. We appreciate simplicity, so avoid jargon unless it's necessary to demonstrate your expertise.
Tailor Your Application:Take the time to customise your application for us at NOVA. Reflect on our mission to change financial advice and show how your values align with ours. This will help us see why you’re a great fit for our team!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do!
How to prepare for a job interview at Nova Wealth
✨Know Your Stuff
Make sure you brush up on your knowledge of suitability and the technical details of financial advice across investments, pensions, protection, and mortgages. Being able to discuss these topics confidently will show that you're the expert they need.
✨Understand FCA Rules
Familiarise yourself with the FCA Handbook, especially COBS and Consumer Duty. Be prepared to discuss how you would apply these rules in a practical way to support advisers while ensuring compliance.
✨Show Your Detail Orientation
Highlight your attention to detail during the interview. Share examples of how you've successfully monitored compliance or checked files in the past, and explain how you can help maintain high advice quality at NOVA.
✨Be Helpful and Straightforward
Emphasise your helpful nature and straightforward approach. Discuss how you can support advisers in delivering great advice without complicating processes, as this aligns perfectly with NOVA's values.
