Job Description
Wonderful opportunity to join a leading wealth client as a compliance manager, working across the region with a range of IFA Networks, to assist them on their regulatory requirements.
As a Compliance Manager/Partner your role is to deliver regulatory oversight to appointed representative firms and registered Individuals and ensure Treating Customers Fairly principles are embedded.
The role is key in the identification and resolution of customer, regulatory, reputational, and operational risks, which are a key component in establishing an effective control function.
With your own panel of firms, you will review AR bespoke characteristics and behaviours identified by risk assessment as requiring supervision.
You will build strong relationships with AR leaders and work with them to help them achieve effective governance of their AR Firms & Advisers whilst adhering to Network standards. This will be achieved through a program of annual assessments and bespoke firm visits and interactions, with you acting as the main compliance contact for the firm.
Working with the firm and other departments, you will identify areas of concern in a firm’s current processes, set action plans and agree timescales for these to be rectified.
The role will also see you manage areas of risk within the Network and identify and investigate areas of risk through Supervisory activity as well as reviewing and assessing risk assessment results and risk analysis data to identify any AR firm and adviser risk and apply appropriate controls.
You will conduct bespoke inspection visits, complete reports, provide coaching and feedback, identify risks and escalate any identified failings through to the Supervisions & Oversight Manager, using the correct escalation channels and manage identified issues to conclusion.
This is a field and home-based role with an average of 2 days a week in the field of which you will be responsible for planning and scheduling your own firm visits.
Licences and Qualifications
You will have a high level of experience within field supervision and compliance monitoring and be a competent assessor for firms and advisors. You will have a track record of being a strong relationship builder, backed with first rate communication skills, as your ability to question and assess risks are instrumental to the role.
You will have QCF Level 4, or equivalent, and strong experience of Network/National and IFA/restricted advice models. A Compliance and Risk qualification is a must as well.