At a Glance
- Tasks: Resolve customer complaints and ensure adherence to FCA rules.
- Company: Join Openwork, a dynamic and inclusive company with a strong commitment to employee development.
- Benefits: Enjoy a competitive salary, bonus scheme, pension matching, and 27 days holiday plus more.
- Why this job: Be part of a fast-paced environment that values individuality and offers personal growth opportunities.
- Qualifications: GCSE level or equivalent with 5 years in financial services; relevant qualifications preferred.
- Other info: This is a 6-month fixed-term contract, working 2 days a week in Swindon.
The predicted salary is between 27600 - 38400 Β£ per year.
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The opportunity
We are seeking a Complaints Specialist who excels in professionally resolving customer complaints, adhering to FCA rules and the Treating Customers Fairly principles.
The role involves providing technical services, expertise, implementing process improvements, and conducting root cause analysis within the broader Openwork organisation. As a Complaints Specialist, you will uphold a balance of firmness and fairness in addressing adviser misconduct, ensuring timely remedial actions when required. Collaboration with the Adviser Investigation Team and Governance management is crucial to maintaining Openwork\’s standards during investigative and disciplinary procedures. This is a 6 month Fixed-term contract, 2 days a week in the Swindon office.
The benefits:
- Salary – up to Β£46,000
- Bonus scheme – on target bonus – 7.5%
- Pension scheme – contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Income protection – 1x salary
- 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 including private medical insurance, dental insurance, and more.
Key Accountabilities:
- Be an expert in resolving complaints across all products, propositions, and providers.
- Calculate redress for upheld complaints.
- Recover costs fairly and sensitively from Advisers.
- Deal with appeals from clients and Advisers.
- Process FOS cases.
- Demonstrate expert knowledge of relevant systems, processes, and procedures.
- Develop and maintain the complaint process to meet regulatory and TCF standards.
- Provide technical support, feedback, and coaching to team members and the wider Openwork Business.
- Support development of pragmatic, commercially focused, and fair solutions to disputes.
- Undertake root cause analysis, develop solutions, and recover costs from Advisers.
- Represent Complaints Management in key technical disciplines.
- Provide value-added service in disputes to senior management.
- Own, develop, and deliver training and learning autonomously.
- Raise risks and identify trends to facilitate change.
What will you need to succeed?
Qualifications/Experience:
- GCSE level or equivalent.
- Relevant business experience and/or qualification.
- At least 5 years experience in a financial services organisation (e.g., Complaints, Compliance).
- FPC1, 2 & 3 or equivalent and willingness to study towards level 4 qualification.
- Financial Crime test pass.
- Data Protection test pass.
Knowledge:
- High knowledge of products, procedures, and services.
- Awareness of technical standards expected of Openwork Advisers.
- Expert knowledge of FSA Complaint rules and procedures.
- Knowledge of FSA legislation, TCF, and Conduct of Business rules.
- Legal principles including contracts, negligence, and damages.
- Knowledge of Ombudsman rules and precedents.
- Market, risk, and business awareness.
- People management practices knowledge.
- Budget process knowledge.
Skills and Competencies:
- Ability to handle varying workloads and pressure.
- Identify change requirements.
- Develop leadership skills.
- Planning, prioritising, and organising skills.
- Problem-solving, decision-making, and judgement skills.
- Communication and negotiation skills.
- Handle high levels of conflict and pressure.
- Communicate effectively with clients and Advisers.
- Work well in a team.
Why us?
We\’re a dynamic, fast-paced, and growing business with huge ambition. We invest heavily in our colleagues and strive to develop them personally and professionally. Weβre proud to be one of the Best 100 Large Companies to work for in 2022. Our culture values individuality and inclusivity, respecting differences and identities. We are committed to building an inclusive environment where everyone can make a difference regardless of race, religion, disability, or gender. We foster a caring ethic where you can balance a successful career with outside interests. At Openwork, we believe you perform your best when trusted to choose when, where, and how you work.
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Complaints Specialist employer: The Openwork Partnership
Contact Detail:
The Openwork Partnership Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Complaints Specialist
β¨Tip Number 1
Familiarise yourself with the FCA rules and Treating Customers Fairly principles. Understanding these regulations will not only help you in the interview but also demonstrate your commitment to compliance and customer care.
β¨Tip Number 2
Brush up on your conflict resolution skills. As a Complaints Specialist, you'll need to handle high-pressure situations effectively, so be prepared to discuss specific examples of how you've resolved conflicts in the past.
β¨Tip Number 3
Network with professionals in the financial services sector. Engaging with others in the industry can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
β¨Tip Number 4
Research Openwork's values and culture. Understanding what they stand for will help you align your answers during the interview and show that you're a good fit for their team.
We think you need these skills to ace Complaints Specialist
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Complaints Specialist. Familiarise yourself with FCA rules and Treating Customers Fairly principles, as these will be crucial in your application.
Tailor Your CV: Highlight your relevant experience in financial services, particularly in complaints handling or compliance. Use specific examples that demonstrate your ability to resolve complaints effectively and your knowledge of FSA Complaint rules.
Craft a Strong Cover Letter: In your cover letter, express your passion for customer service and your commitment to fairness. Mention your experience with root cause analysis and how you've implemented process improvements in previous roles.
Showcase Your Skills: Emphasise your communication and negotiation skills, as well as your ability to handle high-pressure situations. Provide examples of how you've successfully managed conflicts and contributed to team success in past positions.
How to prepare for a job interview at The Openwork Partnership
β¨Know Your Regulations
Familiarise yourself with FCA rules and the Treating Customers Fairly principles. Being able to discuss these regulations confidently will show your understanding of the industry and your commitment to compliance.
β¨Demonstrate Problem-Solving Skills
Prepare examples of how you've successfully resolved complaints in the past. Highlight your ability to conduct root cause analysis and develop fair solutions, as this is crucial for the role.
β¨Showcase Your Communication Skills
Effective communication is key in this role. Be ready to demonstrate how you handle high-pressure situations and communicate with clients and advisers, especially during conflicts.
β¨Emphasise Team Collaboration
Discuss your experience working in teams, particularly in a financial services environment. Mention any collaboration with investigation teams or governance management to underline your ability to work well with others.