Compliance and Training Supervisor

Recruiter
Coast Specialist Recruitment
Location
Horsham, West Sussex
Salary
40000.0000
Posted
15 Jun 2017
Closes
15 Jul 2017
Contract Type
Permanent
Hours
Full Time

Compliance and Training Supervisor

Horsham - £40,000 - £45,000

Responsibilities

  • Keep up-to-date with regulatory and industry developments
  • Maintain a specified span of control of 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 a 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.

Qualifications requirements

  • Minimum of level 4 Diploma in regulated financial planning (or equivalent), with significant progress towards the achievement of further qualifications desired