Internal Audit / Compliance Associate

Recruiter
Office Angels
Location
London (Greater)
Posted
11 Jan 2018
Closes
11 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Our reputable and dynamic client based in the heart of the City is seek a professional and enthusiastic, hardworking Internal Audit and Compliance Associate to join their Head Office team.

Our client currently has two CF10 compliance officers (one of whom is a solicitor), covering retail and institutional, and although this will start as a support role the intention is to recruit a candidate who can become a qualified manager within 2 to 3 years and operate an independent department.

Responsibilities

  • Take initial responsibility for complaint handling in line with FCA guidelines and regulations
  • Keep a record of all institutional contracts and contract amendments
  • Be the main resource keeping track of general terms and conditions, reporting to in-house lawyer
  • Liaise with managers and directors on contract drafting etc
  • Responsible for updating CASS resolution pack and DRP every month
  • Prepare monthly internal audit and compliance report
  • Compliance monitoring and updates on company website
  • Review all product offerings for compliant approach
  • Review sales compliance for in-house and appointed representative staff
  • Undertaking internal audit checks and compliance monitoring reviews to ensure the company adheres to policies, procedures and regulatory requirements
  • Prepare correspondence, deal directly and promptly with routine compliance matters
  • Work closely with external auditors on regulatory and statutory work
  • Undertake all compliance filing and record keeping
  • Identifying and monitoring compliance risk areas in the business and to initiate corrective action for avoidance of future breaches

Skills

  • Advanced Excel skills and high level of Word skills
  • Appreciation of risk management and sampling methods in financial services
  • Ability to prioritize workload and meet deadlines
  • Fast learner, flexible in approach
  • Robust and able to address issues requiring confrontation

Personal requirements

  • Graduate* with a good degree, probably in law or accounting, or a suitable academic subject
  • At least 2 years' experience within either a professional (probably top 10) audit firm or financial services / bank compliance department, or FCA, FOS or FSCS background, or a law firm
  • Experience from a legal or auditing background is preferable
  • Proven ability to study as we will expect the successful candidate to have potential to be a regulated compliance officer under the Senior Manager regime within 3 years (equivalent to CF10)
  • Study and career development support will be offered to a candidate who passes probation and is willing to make a long-term commitment.
  • Ability to grasp quickly technical understanding of CASS 6/7 and COBS FCA rules
  • Literate - the ability to understand contracts and technical jargon, and make sense of complex phraseology
  • Well spoken, well presented and personable.

Advertised by Office Angels, City branch Please note that due to a high volume of response Office Angels receive; only successful candidates will be contacted For the purposes of the Regulations, please note that Office Angels in the provision of these services will be operating as a recruitment agency. Office Angels are an equal opportunities employer

Office Angels is acting as an Employment Agency in relation to this vacancy. The Adecco Group UK & Ireland is an Equal Opportunities Employer.


This job was originally posted as www.totaljobs.com/job/79169798