At a Glance
- Tasks: Lead compliance, risk, and financial crime functions while shaping business strategy.
- Company: Growing financial planning firm with ambitious plans and a collaborative culture.
- Benefits: Competitive salary, bonus, pension contribution, remote work, and health insurance.
- Other info: Hands-on leadership role with excellent career growth opportunities.
- Why this job: Join the senior management team and make a real impact in a dynamic environment.
- Qualifications: Experience in IFA or wealth management, holding SMF16 and SMF17 responsibilities.
Recruit UK is working with a growing financial planning firm seeking an experienced Head of Compliance to join their senior leadership team. This is a unique opportunity for an experienced compliance professional to take ownership of the firm's compliance, risk and financial crime functions while playing a key role in shaping the future direction of the business. The role offers a blend of strategic leadership and hands-on involvement, making it ideal for someone who enjoys working closely with advisers, senior management and the Board while remaining connected to the day-to-day operation of the compliance function.
What's on offer:
- Salary of £80,000 - £85,000+ (negotiable depending on experience)
- Bonus
- 5% employer pension contribution
- Death in Service cover
- Permanent Health Insurance
- Remote working (min once a month in the office, or if preferred regular access to Taunton or Leeds office)
- Opportunity to join the senior management team and influence business strategy
- Growing business with ambitious plans and genuine scope to make an impact
What you'll be doing:
- Acting as SMF16 (Compliance Oversight) and SMF17 (MLRO)
- Leading the firm's compliance, risk and financial crime functions
- Maintaining and enhancing the risk and compliance framework
- Overseeing compliance monitoring, file reviews and quality assurance activity
- Managing FCA reporting, regulatory engagement and regulatory change
- Providing guidance and support to advisers, management and the Board
- Delivering compliance and financial crime training across the business
- Producing Board and committee reporting on compliance, risk and Consumer Duty
- Supporting governance, SMCR and wider business initiatives
- Helping to shape a positive compliance culture across the firm
This is a hands-on leadership role. Whilst you'll sit on the senior management team and lead the compliance agenda, you'll also remain actively involved in monitoring, file reviews, adviser support, training and regulatory reporting.
What they're looking for:
- Previous experience within an IFA or wealth management firm
- Experience holding SMF16 and SMF17 responsibilities
- Strong understanding of FCA regulation
- Experience engaging with senior stakeholders and Boards
- A pragmatic, commercial approach to compliance
- Someone who is happy to combine strategic oversight with hands-on delivery
This is an excellent opportunity for an experienced compliance leader looking to join a growing business where they can have genuine influence, visibility and ownership.
Head of Compliance in Somerset employer: Recruit UK
Join a dynamic financial planning firm that values compliance and risk management, offering an excellent work culture where your expertise will directly influence business strategy. With competitive salary packages, generous benefits including a 5% employer pension contribution, and the flexibility of remote working, this role provides a unique opportunity for professional growth and meaningful impact within a supportive senior leadership team. Located in Taunton or Leeds, you will enjoy a collaborative environment that fosters innovation and encourages a positive compliance culture.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance in Somerset
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial planning and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their compliance culture and recent regulatory changes they might be facing. This will help you tailor your answers and show them you’re the perfect fit for their team.
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out directly to firms you admire. Express your interest in compliance roles and share how your experience aligns with their needs. You never know when an opportunity might pop up!
✨Tip Number 4
Utilise our website to apply for roles that catch your eye. We’ve got a range of opportunities that could be perfect for you. Plus, applying through us means you’ll have access to resources that can help you ace the interview process!
We think you need these skills to ace Head of Compliance in Somerset
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience with compliance, risk management, and any relevant SMF16 or SMF17 responsibilities. We want to see how your background aligns with 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 the perfect fit for the Head of Compliance role. Share specific examples of your hands-on leadership and strategic oversight in previous roles. Let us know how you can influence our compliance culture!
Showcase Your Stakeholder Engagement Skills:Since this role involves working closely with senior management and advisers, make sure to highlight your experience engaging with stakeholders. We love seeing how you've navigated complex regulatory environments and built strong relationships in your past roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, we can't wait to hear from you!
How to prepare for a job interview at Recruit UK
✨Know Your Regulations
Make sure you brush up on FCA regulations and compliance frameworks relevant to the role. Being able to discuss specific regulations and how they apply to the firm will show that you're not just familiar with the basics, but that you can navigate the complexities of compliance.
✨Showcase Your Leadership Style
As a Head of Compliance, you'll be leading a team and influencing the senior management. Be prepared to share examples of your leadership style and how you've successfully managed compliance functions in the past. Highlighting your hands-on approach while also being strategic will resonate well.
✨Engage with Real Scenarios
Think of real-life compliance challenges you've faced and how you resolved them. Discussing these scenarios will demonstrate your problem-solving skills and your ability to maintain a positive compliance culture, which is crucial for this role.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about their compliance culture, future challenges, and how they envision the role evolving. This shows your genuine interest in the position and helps you assess if the company aligns with your values.
