Our client, a notable industry pension provider, collaborate with regulated financial advisers offering a range of personal pensions for UK and non-UK residents.
They offer advanced pension products, which have won various industry awards to date, with an unwavering focus on clients and their products.
With a clear focus on financial services technology and innovation, backed by a strong set of values, their pension solutions ensure robust and continued performance for clients.
Due to continued headcount, the Head of Compliance is now seeking to recruit an additional Compliance Specialist to work alongside them and the existing compliance team.
Main Purpose of the role:
Ideally you will have a compliance and or a pensions technical background, you will be reporting directly to the Head of Compliance who is responsible for directing and controlling the company's compliance requirements.
You would be expected to work within the Compliance Team but also work on your own initiative.
The primary objective of the compliance team is to ensure all the rules and regulations set by the Financial Conduct Authority (FCA), the information commissioner's office (ICO), The Pensions regulator (TPR) are met and maintained.
Main responsibilities, include assisting with
- Conducting and analysis KYC checks including enhanced due diligence.
- Carrying our due diligence on third parties.
- The review of existing processes, procedures and controls and enhancing or implementing changes where needed.
- The implementation of compliance policies, procedures and framework which require close collaboration with other areas of the business.
- New and ongoing projects.
- Preparation and attendance of committee meetings.
- Preparation of MI and KPI's on a quarterly basis.
- Drafting compliance policies.
- Answering and research pension technical queries and consult with the external and internal stakeholders.
- Day to day advice and guidance to the wider team where needed on compliance
- queries.
- Investigations of complaints.
- Ensuring all records are kept with any incidents about breaches, and act as contact for the Financial Conduct Authority, and other government bodies.
- The preparation and executing of the annual Compliance Monitoring Plan.
- The support to all areas of the business which will include education and training.
Knowledge, skills, and experience required:
- Strong written and verbal communication skills.
- Excellent pensions knowledge.
- Excellent numerical and customer services skills.
- Aptitude to learn and adapt new skills, processes, systems and tasks.
- Be able to use key productivity tools such as Microsoft Word, Excel and Outlook
- Work with diligence and at times go the extra mile to achieve a positive outcome.
- Ability to self-organise and prioritise the workload, track and see tasks through to completion while making sure deadlines are met.
- Work independently or as part of a team keeping confidentiality.
Experience:
- Worked in the Financial Services Industry, ideally within Compliance/Q&A or Pensions technical role.
- Good SIPP/SSAS knowledge.
- An understanding of regulatory bodies ideally FCA/ICO.
- An understanding of GDPR/Data protection.
- An understanding of Consumer Duty.
- Familiarity with the FCA's Handbook
This is an award winning, industry recognised brand who are offering various opportunities across the business for Financial Services professionals, it's an exciting time to join.
The company enjoys an excellent working culture where staff retention is excellent.
An attractive salary alongside comprehensive benefits are all available.
Office/home working is fully supported.
Please apply to us here at Recruit Wealth for an immediate response.