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Compliance Suitability - Wealth Manager

  • Location: London
  • Salary: £60,000 - £65,000 plus package per year
  • Job Type:Permanent

Posted 3 months ago

  • Sector: Compliance
  • Contact: Edward Manson
  • Contact Email: emanson@merje.com
  • Contact Phone: 0203 637 1601
  • Expiry Date: 11 June 2024
  • Job Ref: EM/11441

MERJE are delighted to be partnered with this established Wealth Management firm in London.

Working in a highly collaborative and successful environment, you will be part of a team that provides regulated financial and investment advice to clients in the UK and across Europe. As a Business Assurance Analyst, you will review and assess suitability reports related to pensions, ISAs, General Investment Accounts, investment bonds (onshore and offshore) and trusts.

Responsibilities include:

  • Review suitability reports to ensure that any financial and investment advice given to potential and existing clients meet the overarching suitability requirements of the Financial Conduct Authority
  • Proactively contact internal clients and seek further information and any necessary clarifications.
  • Provide feedback to report writers and respond to any follow-up enquiries.
  • Provide feedback to the Training Program Manager on areas that require further improvement and development in the advice team.
  • Discuss possible process improvements with management and senior management.
  • Attend roundtable meetings with report writers to discuss themes identified in reviews and suggest areas for improvement.

Ideal candidate:

  • Level 4 qualified – Diploma in Financial Planning/Regulated Financial Planning
  • Very strong understanding of the FCA's COBS requirements for suitability
  • Prior experience in file reviewing personal recommendations for retail clients
  • Very strong understanding of financial planning principles with a specialism in pension planning
  • Able to clearly explain complex issues in writing and face-to-face.

Dynamic people skills with the ability to provide an efficient, professional and courteous service to internal clients