Compliance Manager - Wealth Management - City

Morgan Spencer
05 May 2017
04 Jun 2017
Contract Type
Full Time
Our client, an established Wealth Management co based in the heart of the City are looking for an experienced Compliance Manager who has gained experience within an IFA company and has the gained the CII Diploma in Financial Planning, CII AF3 exam and CII R08 exam (or equivilent). This is a brilliant opportunity to join a progressive company who offer longevity and career advancement.

The Role

- Complete quarterly GABRIEL returns to FCA
- Complete six-monthly RMAR returns to FCA
- Ensure regulatory fees are paid promptly via FCA online invoicing
- Provide figures to FCA on which the fees are based after liaison with accounts
- Register and de-register advisers with FCA and ensure adviser recruitment records are followed via FCA Connect system
- Apply for Variation/Cancellation of Permissions as required by the Firm
- Maintain records required by the FCA
- Deal with any correspondence and requests from the FCA with reference to the CEO where necessary
- Prepare for visits/reviews with the FCA with reference to the CEO
- Prepare and participate in the Annual Compliance Audit
- Undertake file check reviews to assess completeness and suitability of advice
- Liaise with external Compliance Consultants on regulatory updates and recommend process changes to CEO as necessary
- Deal with complaints against advisers and the firm by thoroughly investigating the same and providing considered responses based on the evidence obtained and after liaising with PI Underwriters
- Review annually the Compliance and T&C file and any client facing documents and the Web site in association with the Marketing Manager, T&C Officer and CEO as necessary
- Processing “Fit & Proper” checks for all control function personnel in the firm on an annual basis, and Staff Declarations and Share dealing data for all staff including any AR firm and staff
- To act as Money Laundering Reporting Officer for the Firm
- To act as a member of the Management Committee

The Person

- Previous experience as a Compliance Manager within an IFA firm
- CII Diploma in Financial Planning or equivalent
- CII AF3 exam or recent equivalent (not CII G60)
- CII R08 exam or equivalent
- Strong interpersonal skills and the ability to interact with clients and colleagues in a professional and courteous manner at all times.
- Excellent written and verbal communication skills.
- Ability to work as part of a team as well as on your own initiative.
- Ability to critically evaluate information, probe and challenge facts.
- Ability to recognise potential problems and proactively look for solutions.
- A flexible and adaptable attitude towards work.
- Excellent time management, ability to work to set deadlines.
- Ability to work accurately and in accordance with procedures.
- Intermediate level knowledge of Microsoft Excel.
- Basic level knowledge of Microsoft Word and Outlook


- Working knowledge of Swift software
- Previous experience as a financial adviser
- Previous experience as a T&C supervisor
- Previous experience as a MLRO / CF11
- Knowledge of undertaking and negotiating a PI renewal
- Compliance or supervision qualification

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