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, wellness support, and flexible working options.
- 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 and compliance, with relevant qualifications preferred.
The predicted salary is between 50000 - 65000 £ 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 Compliance Manager (Financial Advice) London , United Kingdom employer: Novawm
NOVA Wealth is an innovative startup redefining financial advice in the UK, where a commitment to high-quality service meets cutting-edge technology. As a Compliance Manager, you'll thrive in a supportive and collaborative culture that values your expertise while offering competitive benefits, including flexible working hours, wellness support, and opportunities for professional growth. Join us at our vibrant London office, where your contributions will directly impact our mission to empower clients and transform the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Compliance Manager (Financial Advice) London , United Kingdom
✨Tip Number 1
Network like a pro! Get out there and connect with people in the financial advice sector. 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 or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching NOVA Wealth and its innovative approach to financial advice. Understand their values and how they leverage technology to enhance client relationships. This will help you tailor your responses and show that you're genuinely interested in being part of their mission.
✨Tip Number 3
Practice your answers to common compliance-related questions. Brush up on FCA rules and be ready to discuss how you would apply them in real-world scenarios. This will demonstrate your technical expertise and readiness to tackle the challenges of the Compliance Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows that you’re proactive and keen to join the team at NOVA Wealth. Let’s make this happen together!
We think you need these skills to ace Compliance Compliance Manager (Financial Advice) London , United Kingdom
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 experience and how it relates to the role. We appreciate a no-nonsense approach that gets straight to the point without unnecessary fluff.
Tailor Your Application:Take the time to tailor your application to NOVA’s mission and values. Show us how your skills align with our goal of delivering high-quality financial advice through innovative technology. This will help us see why you’d be 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 shows you’re keen on joining our awesome team at NOVA!
How to prepare for a job interview at Novawm
✨Know Your Stuff
Make sure you brush up on your knowledge of the FCA Handbook, especially COBS and Consumer Duty. Being able to discuss these regulations confidently will show that you're the go-to expert they need for compliance.
✨Showcase Your Experience
Prepare to share specific examples from your past roles where you've successfully managed compliance or advice quality. Highlight any experience with file checking or monitoring programmes, as this will resonate well with what NOVA is looking for.
✨Be Practical and Solutions-Focused
NOVA values a pragmatic approach, so think about how you can demonstrate your ability to balance technical detail with practical solutions. Be ready to discuss how you've supported advisers in the past while ensuring compliance.
✨Emphasise Your Helpful Nature
Since NOVA appreciates a helpful attitude, come prepared with examples of how you've gone out of your way to assist colleagues or clients. This will align perfectly with their company culture and show that you're a team player.
