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Training and Compliance Supervisor (SR-1102)

£35000 - £45000 + benefits

Training and Compliance Supervisor

Central England covering London to Bath and up to Manchester/Sheffield initially (Remote Working)

Up to £45,000

This is an exciting opportunity to join one of the UK’s most innovative Financial Services networks. The company, with Chartered recognition, offer a tailored solution to deliver value to Financial Adviser firms and their clients.

Established in the early 2000s, the firm has continued to build on its reputation as one of the most widely respected financial services groups in the UK. They draw on the expertise and resource across the wider group, coupled with a unique in-house technology, to provide an award-winning service that is tailored to the needs of each individual business

General Responsibilities:

  • Keep up-to-date with regulatory and industry developments
  • Maintain a specified span of control up to 40 Registered Individuals, managing and scheduling all aspects of oversight competently and within desired timescales
  • Monitor AR firms, coaching and mentoring approved persons both remotely and on-site, to ensure compliance with both regulatory rules and Network procedures
  • Liaise effectively with senior management in respect of regulatory and Network issues
  • Assist the Compliance Director in providing a timely response to requests for information from the FCA
  • Assist in making all appropriate notifications to the FCA 

Compliance Monitoring Responsibilities:

  • Apply a risk-based and common-sense approach to the compliance monitoring process
  • Undertake appropriate file reviews, ensuring that the findings are accurately recorded and handled appropriately so as to mitigate associated risks
  • Undertake regular KPI reviews, ensuring that KPI data and management information in respect of AR firms is accurately recorded whilst identifying adverse trends/risks and reporting or handling them accordingly
  • Test approved persons according to scheme requirements in respect of product knowledge and appropriate selling practices, and provide relevant feedback and training where necessary
  • Test and supervise new joiners to AR firms ensuring that supervision and formal sign-off procedures are applied as appropriate
  • Ensure that financial promotions for member firms are approved in accordance with the FCA rules, whilst aiding firms in interpreting and applying the regulatory guidelines on advertising

Ad-hoc Responsibilities:

  • Take on tasks and projects as delegated by the Compliance Director/Compliance Manager, applying a can-do attitude and timely approach to work outside that of an individual span of control
  • Complete tasks to a high standard, and apply initiative to accommodate for wider issues

Skills and Knowledge:

  • Excellent knowledge of retail investment, savings, pension and protection products in the IFA sector
  • Strong knowledge of FCA rules and their interpretation/application
  • Ability to communicate with others confidently whilst remaining flexible/adaptable
  • Highly developed analytical, observational, written and verbal communication skills

Desirable Qualifications and Experience:

  • Level 4 Diploma in Financial Planning
  • Specialist qualifications:
    • Equity Release/lifetime mortgages – ER1 & HR1 or equivalent
    • Occupational pensions – J04, J05 & AF3 or equivalent
    • Long Term Care – CF8 or equivalent
    • Mortgages – CeMAP/MAQ/CF6
    • Single share-based investments – L4 diploma + IMC or securities gap fill
  • Significant experience within the financial services, preferably in an investment or insurance environment with a good understanding of FCA/PRA regulatory expectations
  • Experience working within a network of Financial Advisers
Employment type: 
Employed (Full Time)
Financial Planning
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