At a Glance
- Tasks: Monitor compliance and provide expert advice to ensure regulatory adherence.
- Company: Join a leading wealth management firm with a dynamic and inclusive culture.
- Benefits: Up to £51,000 salary, generous holiday, pension scheme, and flexible benefits.
- Other info: Hybrid role with opportunities for personal and professional growth.
- Why this job: Make a real impact in compliance while developing your career in a supportive environment.
- Qualifications: Experience in operational compliance and strong understanding of regulatory requirements.
The predicted salary is between 51000 - 51000 £ per year.
To carry out both risk based 2Lo D compliance monitoring in accordance with the Compliance Plan and, providing compliance advice to business units, helping to ensure that all activities are carried out within the regulatory framework.
Using knowledge and experience of the regulatory landscape and consumer duty expectations and requirements to provide appropriate challenge and support to the business.
This is a Hybrid role with 3 days based in our Leeds office.
The benefits
- Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Death in service - 4x salary
- 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
- A range of other flexible benefits to include private medical insurance, dental insurance and much more.
Key Accountabilities
- Supporting the Risk and Compliance Director in the development and delivery of the risk assessment and Compliance Plan setting out an appropriate programme of risk-based compliance assurance activities.
- Undertaking a variety of monitoring and assurance activities including compliance-based thematic reviews, opinions and outcome monitoring.
- Advising business areas, as appropriate, on recommended control improvements, driving ownership, accountability and timely completion of actions.
- Providing compliance consultancy to key stakeholders at all levels across the business to enhance understanding of regulatory, financial crime and data protection requirements.
This includes identifying and managing conduct risk and supports the continued development of a customer‑centric culture.
- Assessing and interpreting relevant regulatory output, to instigate a programme of regulatory change which supports adherence to evolving regulatory requirements.
This includes driving ownership, accountability and timely completion of actions.
- Developing and maintaining effective working relationships with first line operational management and key stakeholders
- Supporting and pro‑actively working with the Risk and Compliance Director to effectively manage and deliver FCA regulatory visits, requests and thematic reviews to a high standard, enhancing our relationship with the regulator.
What will you need to succeed?
- Operational compliance experience in financial services industry, in a 2Lo D capacity.
- Strong understanding and experience of 2Lo D compliance monitoring techniques and regulatory requirements.
- Level 4 or similar level of professional qualification to the role
- Maintains up to date knowledge of the regulatory landscape and emerging industry risks
- Good knowledge of regulatory framework, particularly conduct risk and Conduct of Business Rules
- Working knowledge of data protection legislation and financial crime frameworks.
- Up to date knowledge of relevant FCA Handbook
- Good market, risk and business awareness.
- Exceptionally well‐organized, with a proven track record of maintaining detailed records and robust audit trails.
- Problem Solving, interpretation, decision making and judgement skills
Why us?
2Plan Wealth Management was Launched in July 2007 and we have continuously built on our strengths to become one of the leading wealth management firms in the UK.
Our head office administration, technology and regulatory teams provide exceptional support to all our financial advisers around the country, enabling them to deliver the best possible service to clients.
The client experience is paramount and all our advisers pride themselves on providing up‑to‑date advice and building long lasting, professional client relationships.
We want all our clients to view 2plan wealth management as their trusted go‑to adviser for their financial matters.
At The Openwork Partnership, we’re a dynamic, fast paced, and growing business with huge ambition.
This is all made possible by the brilliant people who are part of The Openwork Partnership family.
We’re investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.
We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022.
The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal.
We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier.
At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work.
We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.
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Compliance Consultant in Leeds employer: Openwork Limited
At The Openwork Partnership, we pride ourselves on being a dynamic and inclusive employer that invests in the growth and development of our colleagues. With a strong focus on work-life balance and a culture that celebrates individuality, we offer competitive benefits including a generous salary, bonus scheme, and flexible working arrangements from our Swindon office. Join us to make a meaningful impact in the financial services sector while enjoying a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Consultant in Leeds
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Openwork Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Consultant in Leeds
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Openwork Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Openwork Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Openwork Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
