(Glasgow, Edinburgh, Keith)
Job Description: Holding senior management Functions 16 & 17, the role holder will be responsible for compliance in up to 5 personal Investment Firms (IFAs) i.e. ensure they meet regulatory obligations.
Key responsibilities include:
• Implementation of the company’s compliance Framework with each regulated entity
• Advising each firm on compliance and business standards to ensure these align to regulatory requirements
• Ensuring suitable compliance policies and procedures are in place
• Ensuring regulatory obligations under the Senior Managers and Certification Regime are met
• Supporting firms in all compliance matters
• Overseeing the implementation of suitable financial crime controls
• Overseeing the implementation of suitable training and competence arrangements
• Ensuring the firms’ activities are appropriately monitored
• Advising firms on group policy and FCA requirements
• Approving financial promotions
• Contact point for FCA
• Delivery of suitable compliance training to staff
• Investigation of breaches
• Investigation of complaints
• Maintenance of central registers e.eg. complaints, breaches, conflicts of interest
The Person:
• At least 5 years’ experience of compliance within the IFA sector
• Previously held CF10/11 or SMF 16/17 (preferable)
• Detailed knowledge of FCA requirements relation to investment advisers and portfolio managers