Compliance Manager


Job Purpose:

You will primarily be responsible for supporting the Director of Risk in ensuring that the firm and it’s employees meet their regulatory obligations. Key to this will be making sure advice provided by the company meets both internal and regulatory standards, as well as ensuring all staff remain competent to fulfil their roles.

Principal Accountabilities: 

  • To manage and motivate the compliance team to deliver excellent service across the group, ensuring that required service standards are met.
  • Assist the Director of Risk in supervising and monitoring advisers across the group.
  • Conducting pre and post-sale compliance file reviews in line with the Risk Based Monitoring programme.
  • Approval of financial promotions (stationary, website, blogs, presentations etc).
  • Ensuring any complaints are received and dealt with to the appropriate standards and timelines, including any compensation calculations. 
  • Implement, maintain, review, and improve the documentation and processes within the compliance function (to include the T&C scheme, disclosure documentation and all regulatory plans), communicating and distributing updates throughout the business in an efficient and effective manner.
  • Organise and implement internal training for all staff in the required regulatory areas to include but not limited to complaints, anti-money laundering and data protection regulation.
  • Assist with the completion of regulatory returns and the annual compliance audit.
  • Ensure the FCA Register is updated and reviewed regularly to ensure firm data and information on regulated individuals remain up to date and correct.
  • Evaluate and improve internal controls to ensure continuous improvement across the business.
  • Respond to ad-hoc queries and new business initiatives to enable colleagues to meet their regulatory requirements.
  • Contribute to and, where appropriate, lead specific projects across the business, ensuring compliance with regulatory and legislative requirements.
  • Maintain own competence and keep up to date with regulations and industry/FCA guidance and practice.
  • Support the Director of Risk in their discharge of responsibilities, as and when required, and as part of the delivery of the wider Compliance Framework.

Essential Requirements: 

  • Level 4 Diploma qualified with a minimum of 5 years’ experience working within an IFA/Wealth Management Firm
  • Up to date Regulatory knowledge 
  • Sound knowledge of UK Financial Services Industry and retail products
  • The ability to build effective relationships with colleagues and think pragmatically
  • Excellent interpersonal and organisational skills

Desirable Requirements:

  • Level 6 or willingness to work towards
  • Previous file-checking experience
  • Previous supervisory experience
  • Previous management experience
  • Working knowledge of Intelligent Office software

Why work for LIFT? 

  • A competitive salary – up to £55k for the right person
  • 23 days holidays, increasing to 24 days when you reach 3 years of service and 25 days when you reach 5 years of service. Plus opportunity to buy up to an additional 5 days
  • Birthday day off
  • Hybrid working – 3 days in the office/2 days WFH
  • Permanent health insurance
  • 4 x Death in Service
  • 5% employer pension contribution
  • Annual discretionary bonus scheme
  • Study support
  • Quarterly staff recognition awards
  • Quarterly social events
     

If this fantastic job opportunity is something you would be interested in applying for or you have any questions about this role, please give us an email: recruitment@lift-financial.com

 

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