At a Glance
- Tasks: Lead compliance efforts and ensure smooth operations in a dynamic financial advisory firm.
- Company: Reputable Independent Financial Advisory firm with strong growth potential.
- Benefits: Competitive salary, hybrid working, and opportunities for professional development.
- Other info: Promotes equal opportunities and values individuality in the workplace.
- Why this job: Join a hands-on leadership role and make a real impact on compliance and client experience.
- Qualifications: Extensive IFA experience and strong understanding of UK financial services regulation.
Location: Taunton
Salary: £60,000 to £70,000 DOE + benefits
Hybrid - whilst home working can be supported, there is an expectation for a higher level of weekly office attendance.
We're working with a highly regarded Independent Financial Advisory firm with c. £600m AUM, strong links to a well-known accountancy practice, and a reputation for delivering high-quality, holistic financial planning. As the business scales up, they're looking to appoint an experienced individual to help take the firm to the next level.
The Opportunity
This is a hands-on leadership role working closely with the management team. You'll be accountable to assist the business in meeting its compliance and regulatory responsibilities, to ensure the smooth, compliant, and efficient delivery of advice while supporting long-term growth and scalability. Primary focus is on compliance, with a keen interest in operational excellence and client experience.
Please note this person MUST have extensive, direct experience within an IFA (Independent Financial Adviser) business.
Key Responsibilities
- Compliance & Risk
- Work closely with the Compliance Officer to ensure FCA compliance
- Maintain robust internal controls and procedures
- Oversee audit readiness and regulatory reporting
- Embed Consumer Duty principles across operations
- Complaints handling
- T&C across the business
- File reviews
- Liaise with the management team on process FCA reporting
- Strategic and Operational Support
- Monitor operational KPIs and MI
- Support strategic growth initiatives (including scaling and acquisitions)
- Provide support to the operation teams on projects and initiatives
- Contribute to the development of client proposition and experience
- Maintain and log employee records
About You
Essential
- Significant experience within an IFA / wealth management environment
- Strong understanding of UK financial services regulation
- IFA practice leadership and management experience
- In-depth knowledge of IFA operational workflows
- Have worked with and implemented compliance policies
- Highly organised, commercially aware, and solutions-focused
- Strong working experience with Intelliflo Office
- Demonstrable operational management and leadership experience within the financial planning sector
- Hands-on management approach; must be willing and able to implement as well as lead
Desirable
- Chartered status or relevant professional qualifications
- Experience with platforms such as Aviva, Quilter, or similar
Please be aware this advert will remain open until the vacancy has been filled. Interviews will take place throughout this period, therefore we encourage you to apply early to avoid disappointment.
Tate is acting as an Employment Business in relation to this vacancy. Tate is committed to promoting equal opportunities. To ensure that every candidate has the best experience with us, we encourage you to let us know if there are any adjustments we can make during the application or interview process. Your comfort and accessibility are our priority, and we are here to support you every step of the way. Additionally, we value and respect your individuality, and we invite you to share your preferred pronouns in your application.
Compliance Manager in Somerset employer: Tate
Join a highly regarded Independent Financial Advisory firm in Taunton, where you will play a pivotal role in shaping compliance and operational excellence. With a strong emphasis on employee growth and a supportive work culture, this company offers competitive salaries, hybrid working options, and the chance to contribute to a well-established practice known for its holistic financial planning. Experience a collaborative environment that values your expertise and encourages professional development as the firm scales up.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager in Somerset
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who have experience with IFA practices. A personal recommendation can make all the difference when you're trying to land that Compliance Manager role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FCA compliance and operational workflows. We want you to showcase your expertise and how it aligns with the firm's goals. Practice common interview questions and think about how your past experiences can demonstrate your fit for the role.
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply as soon as you see a position that fits your skills. The earlier you apply, the better your chances of standing out from the crowd.
✨Tip Number 4
Follow up after your interview! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Compliance Manager in Somerset
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Manager role. Highlight your experience in IFA environments and any relevant compliance achievements. 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 this role. Share specific examples of your leadership in compliance and operational excellence. Let us know why you’re excited about joining our team!
Showcase Your Skills:Don’t forget to showcase your skills that are essential for this role, like your understanding of UK financial services regulation and experience with Intelliflo Office. We love seeing candidates who can demonstrate their expertise clearly!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, we’re here to support you every step of the way!
How to prepare for a job interview at Tate
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of UK financial services regulation and compliance policies. Be ready to discuss how you've implemented these in previous roles, especially within an IFA environment. This will show that you’re not just familiar with the rules but can also apply them effectively.
✨Showcase Your Leadership Skills
Since this role involves hands-on management, prepare examples of how you've led teams in the past. Think about specific situations where you improved operational workflows or enhanced client experiences. Highlighting your leadership style and successes will resonate well with the interviewers.
✨Demonstrate Operational Excellence
Be ready to talk about your experience with operational KPIs and how you've supported strategic growth initiatives. Discuss any projects you've been involved in that required a keen focus on compliance and efficiency. This will illustrate your ability to contribute to the firm's long-term growth.
✨Ask Insightful Questions
Prepare thoughtful questions about the firm’s compliance culture and operational challenges. This shows your genuine interest in the role and helps you gauge if the company aligns with your values. Plus, it gives you a chance to demonstrate your understanding of the industry.
