This Independent Wealth Manager requiries an experienced, organised, and knowledgeable FLOD Compliance Manager to join the Financial Planning Leadership Team to build and deliver oversight of our Financial Advisers within the Financial Planning division"). The role will report to the Managing Director of FP, but it is expected that the individual will work very closely with the Regional Directors, FP Training Manager and Director of Wealth Operations. As part of the team, you will have the opportunity to work in a fast-paced, collaborative environment where you will be able to utilise your skills and expertise to help deliver amazing outcomes for our clients, by placing first line risk, compliance and adviser oversight at the heart of the clients journey with us, whether through Select or Premier.
This Wealth Manger with a number of offices in the South of England including London, Whiteley, and Farnham, and in the West Country in Bath and Bristol. We are incredibly proud of our culture and work really hard to ensure that it is a great place to work for our people, where they can have fun and grow in their career, with a passion for excellence and customer service.
Today they manages and advises on over £5 billion of client assets, acquired through a combination of organic usiness growth and corporate acquisitions.
You will have responsibility for a wide range of duties which will include the following:
Scoping, building, and delivering a robust first line function and strategy for the Financial Planning Division.
Supporting the structured handover of first line tasks currently with the Central Compliance function.
Supporting the Financial Planning Leadership Team with key decisions on distribution strategies, so that the financial advice that is provided is the best in class.
You will advise the FP Leadership Team on changes to the Advice framework, provide consultation to the Leadership Team with horizon scanning and consumer duty compliance, with forward thinking compliance leadership.
Providing oversight of training and competency ("T&C") for our existing and new advisers, including tracking their progress to Competent Adviser Status ("CAS").
Gathering annual evidence of competency for advisers, as part of annual renewal of Certificates under The Senior Managers and Certification Regime ("SM&CR") and help drive higher standards and efficiency in the way that this process is undertaken.
Oversight of adviser CPD and SPS logs and gathering quarterly Chartered information for the annual submission to the PFS.
Production, maintenance, and future development of the Adviser Bonus Overlay.
Production, maintenance and future development of the paraplanning Bonus Overlay.
Closely supporting the production and development of our suitability reports.
Processing and analysing MI on various data points that include our approach to supporting vulnerable clients and our completion and evidencing of annual reviews.
Reporting any breaches or conflicts of interest to the Chief Compliance Officer.
Ensuring independent and fair assessment of behaviour which may constitute a conduct breach.
Investigating any errors within the team where there is the potential for client harm, and writing to clients to ensure they are not affected financially.
Close monitoring and support to the pods with regards to the capturing of anti-money laundering identification and verification as well as dealing with politically exposed people.
Maintaining the Advice Guide in respect of Compliance requirements and legislation change, so as to give guidance to the Advisers, Paraplanners and Client Services.
Working with the FP Training Manager to make sure that training is presented and logged in the correct way and is accessible.
Assistance in the production of Consumer Duty MI for the Consumer Duty Champion.
Acting as a source of truth for advice or process related questions from the regional pod network, updating and owning the Advice Guide - a knowledge base for queries and guidance, that are first line only (not central compliance or risk).
Degree educated and you must have an excellent understanding of financial planning/investment management and the needs and demands of clients that receive financial planning services.
It is essential that you will have had previous Compliance experience of working within a first line environment, preferably having established the team or been part of a growing team within compliance or training and competency that sat within the distribution centres of a financial services company.
Proficient computer skills, Microsoft Office Suite (Word, PowerPoint, Outlook, SharePoint, and Excel).
A willingness and flexibility to travel to office sites as required. If you are able to drive and have your own transport, that would be highly advantageous.
Qualifications in Financial Services, either as an adviser or in Compliance, Risk, or Supervision.
We are incredibly flexible about where, when, and how you work: we do not want anyone to be prevented from coming to work a result of the working pattern that they are looking for. Ideally, you would be based out of one of our offices for two to three days each week, working the remainder of the week from home. For this role we shall be recruiting an individual to be based in either London or Solent.
We are passionate about championing flexible working for our people, so if there is a slightly different working pattern that you are looking for, then please come and have a chat with us about it.
28 days' holiday (plus bank holidays and your birthday), study assistance, life assurance, income protection and a pension, alongside access to our flexible benefits platform.