At a Glance
- Tasks: Review files and provide feedback to support the advice teams in compliance.
- Company: Join a fast-growing wealth management firm with a supportive culture.
- Benefits: Full training, Level 4 Diploma support, hybrid working, and career progression opportunities.
- Other info: Work from home three days a week with options in Bath or Gloucester.
- Why this job: Transition into compliance while making a real impact in a dynamic environment.
- Qualifications: Experience in file review or paraplanning and understanding of FCA principles.
The predicted salary is between 30000 - 40000 £ per year.
This is a great opportunity for a Junior Paraplanner to make the move into Compliance. You’ll receive full training to ensure you make the transition into the File Review team successfully and you’ll also receive full support to complete your Level 4 Diploma qualification. You’ll also be joining a wealth management firm that’s growing quickly but sustainably. This growth is likely to create opportunities for your further career progression either within the File Review team or across the wider Compliance function. This is a hybrid role with just 2 days a week spent in the office, the other 3 working from home. You can choose between the firm’s Bath and Gloucester offices.
What you’ll be doing:
- Review pre- and post-advice files in line with the firm’s T&C scheme, providing constructive feedback and support to the advice teams to deal with any remedial action quickly.
- Assist with business complaint investigations and business issues and liaise with staff to resolve these in a timely manner.
- Produce monthly and quarterly MI to support file checking.
- Keep up to date with regulatory developments and identify any issues that may impact the business, escalating as appropriate.
What we’re looking for:
- Experience in a similar file review position or paraplanning within the Wealth Management arena and a good understanding of FCA principles and Conduct of Business rules.
- Experience of Suitability Reports and the regulatory requirements involved with them.
- Working towards your CII Level 4 Diploma.
Company: Ambitious, fast-growing wealth management firm
Location: Bath, Gloucester, Somerset
Workplace: Hybrid Working
Trainee File Reviewer (Wealth Management) employer: Willow Resourcing
Join a dynamic and ambitious wealth management firm that prioritises employee development and offers a supportive work environment. With a hybrid working model, you can enjoy the flexibility of working from home while also benefiting from comprehensive training and career progression opportunities within the growing Compliance function. Located in the picturesque cities of Bath and Gloucester, this role not only provides a pathway to achieving your Level 4 Diploma but also immerses you in a culture that values collaboration and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee File Reviewer (Wealth Management)
✨Get Engaged with Compliance Communities
Dive into local and online compliance forums and groups. Platforms like LinkedIn often have specific groups for compliance and risk professionals where you can meet seasoned pros and gain insights. Join in on discussions and don’t hesitate to ask questions – your eagerness to learn will show through!
✨Leverage University Career Services
As a trainee, your university’s career services are goldmines for landing internships. Take advantage of their workshops and employer events where you can connect directly with companies like Willow Resourcing. They often have exclusive internship postings and can prepare you for interviews.
✨Attend Compliance and Risk Events
Look out for events such as workshops, webinars, or conferences focusing on compliance and risk management. Engaging at these events can help you network with industry insiders and potentially land an internship with firms like Willow Resourcing looking for eager trainees.
✨Showcase Your Knowledge
Consider writing short articles or blog posts about compliance topics you find interesting. Share them on platforms like LinkedIn to demonstrate your understanding and passion for the field. This not only builds your profile but can catch the eye of companies like Willow Resourcing looking for trainees who are proactive and knowledgeable.
We think you need these skills to ace Trainee File Reviewer (Wealth Management)
Some tips for your application 🫡
Show Off Your Knowledge in Compliance and Risk:Make sure your CV highlights any relevant coursework, certifications, or projects that align with compliance and risk management. If you've taken any specific training or workshops related to this area, definitely mention those—this shows us you mean business in your interest!
Tailor Your Cover Letter to Demonstrate Enthusiasm:When writing your cover letter, focus on why you're excited about starting a career in compliance and risk. Talk about your motivation to learn and how the trainee position at Willow Resourcing can help you grow your skills. We love seeing passion for the field!
Familiarise Yourself with Relevant Regulations:Before submitting your application, brush up on current compliance regulations relevant to our industry. Mentioning specific regulations in your CV or cover letter will not only impress us but also show your proactive approach to learning.
Craft a Clear and Structured CV:In compliance-risk roles, clarity and attention to detail are crucial. Make sure your CV is well-structured and easy to read—think bullet points for your skills and experiences. It's a great way to demonstrate your organisational skills, which we value here at Willow Resourcing.
How to prepare for a job interview at Willow Resourcing
✨Get comfy with regulations!
As a trainee in compliance-risk, you’ll need to show that you know your stuff when it comes to regulations and policies relevant to the sector. Brush up on key regulations like GDPR or AML – you might get asked to explain how they impact businesses during your interview with Willow Resourcing.
✨Demonstrate analytical skills
In compliance-risk, analytical thinking is key! Prepare to discuss any experiences where you've identified risks or suggested improvements. Be ready to showcase how you approach problem-solving, as you may be presented with hypothetical scenarios at the interview!
✨Show your eagerness to learn
As a trainee, employers like Willow Resourcing are looking for potential and enthusiasm rather than extensive experience. Be prepared to discuss your motivation for pursuing a career in compliance-risk and how you're keen to develop your skills, perhaps through relevant coursework or volunteering.
✨Get familiar with interviews’ practical elements
Expect the interview process to be a bit more hands-on, perhaps with case studies or role-playing scenarios. You might be asked to analyse a fictional risk situation and present your findings. Practise structuring your thoughts – it’s all about thinking on your feet!
