Compliance and Training Supervisor

Recruiter
First Recruitment Services Limited
Location
Horsham
Posted
18 May 2019
Closes
21 May 2019
Sector
Education
Contract Type
Permanent
Hours
Full Time

My client, a well established and very successful Financial Services company in Horsham, is looking for a Compliance and Training Supervisor to join their team.

Key Duties: -

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

Skills and Knowledge:-

  • Excellent knowledge of retail investment, savings, pension and protection products in the IFA sector
  • Strong knowledge of FCA rules and their interpretation/application
  • Ability to communicate with others confidently whilst remaining flexible/adaptable
  • Highly developed analytical, observational, written and verbal communication skills
  • Desirable Qualifications and Experience:
  • Level 4 Diploma in Financial Planning

Specialist Qualifications:-

  • Equity Release/lifetime mortgages - ER1 & HR1 or equivalent
  • Occupational pensions - J04, J05 & AF3 or equivalent
  • Long Term Care - CF8 or equivalent
  • Mortgages - CeMAP/MAQ/CF6
  • Single share based investments - L4 diploma + IMC or securities gap fill
  • Significant experience within the financial services, preferably in an investment or insurance environment with a good understanding of FCA/PRA regulatory expectations
  • Experience working within a network of Financial Advisers

If this sounds like the perfect role for you, please apply today!

FRS are acting as an Employment Agency in relation to this vacancy.

Similar jobs

Similar jobs