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Compliance Officer - IFA, Hampshire (JR-795)

£25000 - £35000 + benefits

We are pleased to represent this directly authorised business who seek a Compliance Officer to join the business. This national firm of IFA's provide financial advice to individuals, businesses and trustees.

 

Reporting to the Compliance Manager, you will:

  • Ensure that the firm maintains accurate, detailed and up to date compliance records across all areas of the firm’s business
  • Ensure the firm can respond to requests for information from the FCA and provide the requisite notifications to the FCA
  • Ensure appropriate ethical standards exist within the firm
  • Ensure knowledge of the necessary regulatory requirements is kept up to date
  • Report to the firm’s senior management team on a regular basis on all relevant compliance issues
  • Produce a formal annual/six monthly compliance report for the firm’s senior management
  • Comply with the relevant Compliance, TCF, T&C and Financial Crime Procedures of the firm

Specific Responsibilities:

  • File Management and systemic check
  • Liaison between Adviser/Internal Staff and 3rd party consultants regarding appropriate advice
  • Liaise with Practice Manager on RI Recruitment, Induction and competence sign-off
  • Act as T&C coach to ensure correct standards are being adhered to
  • Ensure any approved persons are approved by the FCA before undertaking the role.
  • Ensure that all approved persons are assessed as fit and proper annually.
  • Manage and report on TCF to the management team on a regular basis
  • Report on Anti-Money Laundering annually
  • Monitor and maintain the Financial Promotions register
  • Control and report on Complaints
  • Conduct annual Risk Assessments
  • Prepare and produce Management Information and ensure any adverse trends are addressed.
  • Liaise with Practice Manager on Record Keeping
  • Work closely with the Senior management team on Business Development
  • Monitor and report on Data security and GDPR
  • Maintain and monitor anti bribery and corruption procedures

Person specification:

  • Experience (voluntary or paid)
  • Broad base of compliance knowledge
  • Specific understanding/knowledge of the FCA COBS/SYSC rules
  • Good understanding of other relevant legislation, including that related to financial crime
  • Ideally have acted in an Adviser capacity and/or have some IFA experience

Skills

  • High attention to detail
  • Highly organised and efficient
  • Ability to act as the first point of contact for all internal and external clients
  • Ability to present written information clearly and logically
  • Ability to communicate effectively
  • Ability to use initiative and work effectively alone and as part of a team
  • Ability to prioritise work appropriately and managing busy workload
  • Good written and oral skills
  • Ability to adapt to change and respond positively to new challenges

Attributes

  • Outgoing, polite, friendly and courteous
  • Smart professional appearance
  • Pride and thorough administrative work
  • Enjoy working in environments where one is encouraged to use own initiative
  • Hard working and proactive
  • Able to work under pressure and to deadlines
  • Flexible and forward thinking
Location: 
Fareham
Employment type: 
Employed (Full Time)
Sector: 
Financial Planning
Reference Number: 
JR-795