Job title: Assistant Compliance Officer
Industry: Wealth Management
Location: Hertfordshire
Job Ref: 9153
Job Description:
The Compliance Officer will be responsible for ensuring that the company operates in full compliance with all relevant regulations set forth by the Financial Conduct Authority (FCA) and other applicable regulatory bodies. The Compliance Officer will develop, implement, and oversee compliance policies and procedures to mitigate regulatory risks and ensure that the company's operations adhere to all regulatory requirements.
Key Responsibilities:
- Develop, implement, and maintain compliance policies and procedures in line with FCA regulations and industry best practices.
- Conduct regular compliance reviews and audits to assess the company's adherence to regulatory requirements and identify areas of improvement.
- Provide guidance and training to staff on compliance matters, including regulatory requirements, policies, and procedures.
- Monitor changes in regulatory requirements and update compliance policies and procedures as necessary.
- Investigate and respond to compliance issues, breaches, and complaints in a timely and effective manner.
- Collaborate with senior management and other departments to address compliance issues and implement solutions.
- Prepare and submit regulatory reports and filings to the FCA and other regulatory bodies as required.
- Stay informed about industry trends, regulatory developments, and best practices in compliance to ensure the company remains compliant and up-to-date.
- Act as the main point of contact for regulatory inspections, audits, and inquiries, and work closely with regulators as needed.
- Keep accurate records of compliance activities, reports, and communications for audit and reference purposes.
Qualifications and Skills:
Dipfa or
- Proven experience working in a compliance role within a financial services firm, preferably in an FCA-regulated environment.
- In-depth knowledge of FCA regulations, regulatory requirements, and compliance best practices.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively with cross-functional teams.
- Proficient in Microsoft Office applications and compliance management software.
- Ability to prioritize tasks, manage multiple projects simultaneously, and meet deadlines.
This job description is intended to outline the general nature and level of work expected of a Compliance Officer in an FCA-regulated IFA company. Duties and responsibilities may evolve based on the company's needs and regulatory changes.
Benefits:
- £35,000.00-£40,000.00 per year
- Company pension
- Free parking
- On-site parking
- Private medical insurance
- Work from home
About Recruit UK:
As specialists in financial services recruitment, we bring unique expertise, insight, and connections, whether you are looking for a new job or are trying to fill a role. We have a reach of more than 100,000 financial services connections. Right now, Recruit UK is pleased to be working with a wealth management firm based in Tunbridge Wells on Financial Planning Administration role.
Our commitment to you:
- Recruit UK embraces equality, diversity and inclusion and will seek to promote their benefits in all of its business activities.
- Start every journey with a conversation to find out about you in-depth.
- Provide honest feedback on where you fit in the jobs market.
- Use our network across the financial world to match you to your perfect position. Or if we think you already have it, we'll tell you.
- Take a holistic mindfulness approach - career happiness is rarely just about the money.
- Cover the whole of the UK with a local touch through our regional teams.
- Never pester you.
Additional information:
Please note that due to the volume of applications we receive, you will be contacted within 7 working days if your application has been successful. If you have not received communication during this period, please assume your application has been unsuccessful on this occasion. We may however retain your information in connection with future opportunities, should they be suitable to your skills and experience.