At a Glance
- Tasks: Review and approve financial promotions, ensuring compliance with FCA rules and regulations.
- Company: Join WealthKernel, an award-winning FinTech company revolutionising wealth management.
- Benefits: Competitive salary, 22 days holiday, remote work, and opportunities for skill development.
- Other info: Enjoy a positive culture and the flexibility of a fully remote position.
- Why this job: Make a real impact in compliance while working with experienced professionals in a collaborative environment.
- Qualifications: Strong attention to detail and experience with MiFID product promotions preferred.
The predicted salary is between 36000 - 60000 £ per year.
WealthKernel is a VC-backed, award-winning FinTech company that specializes in the Wealth Management industry. With a commitment to making financial services better and more accessible, WealthKernel is an API-first technology company on a mission to become the AWS of savings, investment, and pension infrastructure.
The Compliance Analyst (Financial Promotions) will support the firm’s Compliance team in ensuring that all client communications, marketing materials, and financial promotions comply with FCA rules (COBS and COBS 4 in particular), UK MiFID regulations and internal policies. The role will have a specific focus on derivatives and complex investment products, providing support to business teams and helping to ensure that promotions are appropriate, fair, clear and not misleading.
Key Responsibilities- Assist in the review of financial promotions and marketing material (digital, print, social media, websites, client communications), with particular emphasis on derivatives ensuring compliance with FCA and MiFID rules.
- Maintain records of all promotions and related approvals in line with FCA record‐keeping requirements.
- Support monitoring activities relating to financial promotions, identifying potential risks or breaches, especially in derivatives marketing.
- Assist in maintaining the firm’s Financial Promotions Register.
- Monitor external communications to ensure consistency with regulatory standards and approved content.
- Provide guidance to business teams on compliance with financial promotions rules.
- Help develop training materials and deliver basic training to business teams on compliant communications for complex products.
- Support the maintenance of the firm’s Financial Promotions Policy and related procedures.
- Assist in identifying improvements to compliance workflows for promotion review and approval.
- Assist in preparing MI and reports for senior management, including information required by regulators.
- Keep up to date with regulatory developments relating to financial promotions, derivatives, and complex instruments.
- Strong attention to detail and ability to spot compliance issues in written materials.
- Experience reviewing MiFID product promotions, with a particular focus on derivative‐backed investments.
- Good written and verbal communication skills.
- Ability to work collaboratively with different business areas.
- Organised, with good record‐keeping and time‐management skills.
- Demonstrable interest in financial services and compliance.
- Strong track record of using digital collaboration tools (Slack, Google Meet, Notion, Jira, etc.) to manage projects, share updates and maintain transparency while working remotely.
- Proven ability to work independently, manage priorities, and deliver results without direct supervision, including experience working with asynchronous workflows.
- Degree in Law, Finance, Economics, Business or related field.
- Knowledge of the FCA Handbook, particularly COBS, COBS 4 (financial promotions), derivatives rules and the FCA's Consumer Duty.
- Prior experience (internship or entry-level role) in compliance, legal or risk within financial services.
- Familiarity with digital marketing channels and associated compliance challenges.
- Experience working in a fully remote or hybrid environment.
- Working in a multicultural environment.
- A positive and collaborative working culture.
- Competitive pay package.
- 22 days of holidays (plus bank holidays).
- Remotely based position (forever!).
- Company team retreats.
If you have the confidence, energy, and passion to take on this challenging role and join a unique firm, please get in touch!
Compliance Analyst - Financial Promotions in London employer: WealthKernel
WealthKernel is an exceptional employer that fosters a culture of transparency and empowerment, making it an ideal place for an Operations Specialist to thrive. With a focus on professional growth, employees are encouraged to learn from their experiences and collaborate with talented teams in a tech-driven environment. Located in a vibrant FinTech hub, WealthKernel offers unique opportunities to engage in meaningful work that enhances financial accessibility across Europe.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Analyst - Financial Promotions in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at WealthKernel. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on FCA rules and MiFID regulations. Show us you know your stuff, especially about derivatives and complex products!
✨Tip Number 3
Practice your communication skills. As a Compliance Analyst, you'll need to explain complex ideas clearly. Get comfortable discussing compliance topics with friends or family.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at WealthKernel.
We think you need these skills to ace Compliance Analyst - Financial Promotions in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Compliance Analyst role. Highlight your experience with financial promotions and compliance, especially in relation to FCA rules. We want to see how your skills align with what we're looking for!
Show Off Your Attention to Detail:Since this role requires a keen eye for compliance issues, be sure to showcase examples where you've successfully identified and resolved such issues in written materials. We love candidates who can spot the little things that matter!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon unless it's relevant. We appreciate clarity, especially when it comes to compliance-related topics!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you're proactive and keen to join our team!
How to prepare for a job interview at WealthKernel
✨Know Your Regulations
Make sure you brush up on FCA rules, especially COBS and COBS 4. Understanding these regulations will not only help you answer questions confidently but also show that you're serious about compliance in financial promotions.
✨Showcase Your Attention to Detail
Prepare examples from your past experiences where you identified compliance issues or improved processes. Highlighting your ability to spot errors in written materials will resonate well with the interviewers.
✨Familiarise Yourself with Digital Tools
Since the role involves using digital collaboration tools like Slack and Google Meet, be ready to discuss your experience with these platforms. Mention how you've used them to manage projects or communicate effectively in a remote setting.
✨Prepare for Scenario Questions
Think of potential scenarios related to financial promotions and how you would handle them. This could include dealing with misleading marketing materials or advising teams on compliance. Practising these responses will help you feel more prepared and confident.
