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Field Compliance Manager

  • Location

    Leicestershire

  • Discipline:

    Compliance

  • Job type:

    Permanent

  • Salary:

    £34,000 + £4,800 car allowance + benefits

  • Consultant:

    Paul Sherlock

  • Email:

    psherlock@merje.com

  • Job ref:

    PS/15973

  • Published:

    16 days ago

Our client is a long established and highly reputable Financial Services organisation. In the role of Filed Compliance Manager, you will be responsible for managing several Advisors within a geographical area prescribed to you.  You should ensure that you are visible as the main point of contact for your area of Advisors for any and all issues relating to regulation and compliane.  You should always ensure that you are aware of, and that all areas of risk are picked up on and reported promptly.

Key responsibilities include:

  • Ensure that there is a consistent approach to compliance and regulatory policy
  • Working closely with Advice Quality, ensure that all checks are followed up and any issues are dealt with promptly
  • Use observation skills to identify areas of concern or development need of Advisors and address promptly putting development plans in place where needed
  • Effectively supervise Advisors within your span of control to ensure that:
    • All new Advisors achieve fully competent status within required time limits
    • All checks and signs off where required, happen within deadlines
    • Ensure any developmental needs are identified and acted on promptly
    • Fully competent Advisors continue performing at the required level
    • Closely monitor all Academy level advisors, completing extra checks where required, depending on level of competency
    • Continually monitor and manage any development needs as appropriate
    • Promptly raise any concerns or areas of risk with Advisors & AR firms
  • Ensure records are kept updated with all relevant and necessary information
  • Use initiative when scheduling your diary to ensure efficiency
  • Proactively contribute to the wider compliance teams to improve processes and procedures to drive efficiency
  • Complete regular reviews of AR firms to ensure effectiveness of controls within the business, providing a report with a summary of findings and action plan to the relevant Approved Person
  • Complete follow up where required to ensure action points have been completed within timescales and provide guidance and assistance where needed
  • Effectively handle any regulatory or compliance queries received from firms & Advisors, raising any action points as necessary
  • Regular updates & completion of relevant back office system
  • Identify and manage risk within the business (to include quality of client files, advice quality, advice process, new advisers moving through scheme, operating procedures etc.)
  • Audit of new ARs when required ensuring that all activity & documentation meet the necessary standard
  • Any other duties as requested by management in line with areas of compliance

The Person:

  • Share best practice with other FCMs to continually build knowledge
  • Willingness & ability to travel within the field to enable required levels of supervision
  • Effectively contribute to regular FCM meetings
  • Always ensure adherence to the T&C scheme, at all levels
  • Ensure all relevant regulatory knowledge is kept up to date

Please note, should you not receive feedback 28 days, unfortunately your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.