Regulatory Affairs and Compliance Manager in Bath, Somerset

We are looking for an organised, enthusiastic, and knowledgeable Compliance professional to join our growing Compliance team. The Compliance Assurance Manager plays a critical role in overseeing and challenging the effectiveness of the organisation’s risk management and control framework. Operating independently from the first line, the role ensures that risks are appropriately identified, assessed, monitored, and mitigated in line with regulatory expectations and internal policies.

Saltus is a privately owned financial planning and discretionary investment management house, dedicated to providing a high-quality service for private clients, trusts, and smaller institutions. Today Saltus manages and advises on over £11.4 billion of client assets, acquired through a combination of organic business growth and corporate acquisitions.

You’ll have responsibility for a wide range of duties within the Compliance Division, including the following:

• Independently own and continually develop the Compliance Universe, ensuring all relevant risks are accurately identified, assessed, and appropriately prioritised for review.
• Produce high‑quality reports for senior management, clearly presenting findings, insights, and recommendations following the conclusion of each review.
• Provide robust challenge and constructive support to senior managers after each review, helping ensure agreed actions are meaningful, achievable, and aligned with effective risk management.
• Consumer Duty Testing: measuring the effectiveness of processes designed to comply with Consumer Duty and assisting in gathering MI for the Consumer Duty Champion’s annual report.
• Provide independent oversight and challenge to First Line activities, ensuring risks are identified and managed effectively.
• Review and challenge risk assessments, controls, and mitigation strategies.
• Ensure consistency in risk practices across business units.
• Ensure compliance with relevant financial regulations and supervisory expectations.
• Track key risk indicators (“KRIs”), issues, and remediation actions.
• Provide insight and analysis on emerging risks and trends.
• Build strong relationships with First Line teams to promote effective risk management.
• Provide training and guidance to enhance risk awareness and capability.
• Provide compliance support across projects, particularly in response to regulatory changes or operational improvements.

Minimum 5 years’ experience in a risk, compliance, or audit role within financial services and at least 2 at a management level. Experience in risk reporting and governance forums. Experience working with a Wealth Manager, large-scale IFA, or network. Project management knowledge is desirable but not essential. Relevant financial services qualifications (compliance, risk, or advisory). Proactive and adaptable in a fast-paced regulatory environment.

We’re incredibly flexible about where, when, and how you work: we don’t want anyone to be prevented from coming to work for Saltus as a result of the working pattern that they’re looking for. Ideally, you’d be able to be based out of either our Bath, London or Whiteley office for a minimum of three days each week, working the remainder of the week from home. The role is 40 hours per week to be worked between the hours of 8:30-5.30pm with a salary range of £70,000 - £75,000 per year, depending on experience. Alongside this, you get fantastic benefits including 28 days’ holiday (plus bank holidays + your birthday off!), study assistance, life assurance cover, income protection and a pension, alongside access to our flexible benefits platform.