Compliance Review Officer

Recruiter
JT Recruit
Location
Leicester
Posted
01 Nov 2018
Closes
18 Jan 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
My client is a well established firm based at Meridian Business Park
Due to continued growth, they are now seeking an experienced Compliance Review Officer to join their team on a permanent Basis
This is a full time role, working 09.00 - 17.00, Monday - Friday
£18,000 - £23,000pa
Main purposes of job
* Assessment of client files to ensure compliance with regulations and company standards
* To provide compliant guidance and support to staff and Appointed Representatives
* To instruct and coach members in order to improve risk assessment ratings
* Accurately record any findings and corrective activity
Key Tasks
* Conduct desk-based check to ensure complete sales documentation for mortgage and insurance product sales have been uploaded to the appropriate CRM system. (As and when required).
* Conduct desk-based analysis of mortgage and insurance product recommendations and sales documentation issued by Appointed Representatives and their Advisers by means of a designated remote computer system.
* Produce reports and maintain records of such analysis as specified by the Internal Compliance Manager/Compliance Director.
* Provide appropriate guidance to Appointed Representatives, their Advisers and their employees where routine monitoring identifies scope for improvement or where assistance has been requested.
* Report wilful and uncorrected deficient advice and/or documentation to the Internal Compliance Manager and agree appropriate remedial action.
* Assess and, within agreed authority levels, approve requests from Appointed Representatives for proposed financial promotions.
* Identify training needs and provide appropriate guidance to Appointed Representatives, their Advisers and their employees on matters relating to the use of financial promotions.
* Maintain a record of all decisions relating to the use of financial promotions so as to provide an audit trail for inspection by the regulator or other agency. (As and when required)
* Monitor the use of non-approved and expired financial promotions.
* To maintain ongoing competency through development of personal training plans in conjunction with Internal Compliance Manager
Skills/competencies
* Able to demonstrate a suitable level of industry knowledge and experience to conduct the role
* Demonstrable supervisory skills
* Excellent verbal and written communication skills
* The ability to analyse information with a view to making informed decisions
* Ability to facilitate and deliver appropriate training, liaising with the training manager where necessary
* Good team player, but with a definite ability to work under own initiative
* Good computer skills including Microsoft applications
Experience Required
* Minimum 2 years of experience in a similar role within the financial services sector
* Knowledge of systems of control and able to follow clearly defined procedures
* Experience of working under pressure, prioritising and working to tight deadlines
* Competent on Microsoft office suite i.e. excel, word etc.
* Excellent verbal and written communication skills

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