Our client is a leading financial services business who are currently recruiting in the firms Compliance function and looking for a Compliance Monitoring Officer. The role will be responsible for ensuring that the business fulfils the FCA’s requirements and meets all relevant regulations.
Key Responsibilities:
- Monitor business risks in accordance with regulatory requirements and internal procedures, both desk and potentially field based. Assist with tasks in relation to the Compliance Plan
- Review customer complaints where required, to complete MI, contribute to Root Cause Analysis, and to submit regulatory reports
- Monitor specific managed portfolio issues and assessment of suitability
- Review and monitor work relation to daily queries, based primarily on Compliance duties
- Review financial promotions prior to publication and make recommendations as necessary to meet regulatory guidance
- Monitor Training & Competence arrangements throughout Head Office and Branches
- Maintain a working knowledge of the FCA Conduct of Business rules, APER and T&C framework and implications for the business
- Report any risks which may be detrimental to clients or the business which may arise
Key Requirements:
- Ideally possess or working towards a qualification in Wealth Management (Diploma Level 4) or in Investment Management
- Experience of advice checking / file review
- Financial Services experience
- Compliance experience with good monitoring skills