Compliance Specialist

Reed Insurance
Bath, Somerset
19 Jun 2017
19 Jul 2017
Contract Type
Full Time
I have an opportunity to join an award winning Financial Services Wealth Planning IFA Practice in Bath, they are  looking to recruit a skilled new Business Compliance Specialist, preferably with the Level 4 Diploma in Financial Planning with experience of working within a Compliance Regulatory role within an IFA.

The key competencies in the role are as follows:-
1. To accurately assess the suitability of advice given by Advisers against the standards set by the Company.
2. To assess the clarity, accuracy and adequacy of Adviser documentation and record keeping against the standards set by the Company.
3. To issue clear and accurate feedback confirming any required remedial actions necessary to avoid negative consumer outcomes.
4. To ensure that any required remedial actions are completed by Advisers within acceptable timescales.
5. To maintain knowledge of the Company's compliance procedures and relevant Regulatory Rules.
6. To maintain the technical knowledge necessary to assess the suitability of advice provided by advisers across the range of products and services offered by the Company.
7. Ability to identify and report potential cases of financial crime.
8. To maintain records to the standards necessary to demonstrate Adviser and departmental performance.
9. To effectively communicate with and deal with queries raised by Supervisors.
10. To meet the departmental standards with regard to service standards and productivity.

This is a fantastic company and opportunity and to be considered you must be able to demonstrate the following:-

• Investigating and assessing suitability and quality of advice
• Provision of clear and concise feedback
• Good communication skills including writing, presenting and influencing
• Ability to build and maintain relationships while at the same time remaining impartial
• Ability to ensure that identified remedial actions are followed through
• FCA Objectives, Principles and COBs Rules
• Personal Financial Planning – taxation and products
• Corporate Financial Planning – taxation and products

You must be able to also demonstrate, experience in a compliance or advisory role within an FCA-regulated retail environment. Recognised professional qualifications equivalent to FPC are mandatory.

Willingness to work towards CII Diploma or equivalent and any Regulatory RDR qualification requirements

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