Compliance Review Officer

  • Confidential
  • Leicester, UK
  • 05 Nov, 2021
Full Time Accounting

Job Description

My client is a well established firm based in Leicester

They are now seeking a compliance review officer to join their team on a full time, permanent basis

Main purposes of job

* Assessment of client files to ensure compliance with regulations and company standards

* Ensuring Appointed Representatives are, as per FCA guidelines, always Treating Customers Fairly and delivering the right customer outcomes

* 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

* Monitor and maintain FCA guidelines and regulatory obligations.

* Ensure standards are adhered to by Appointed Representatives and their Advisers, as per our internal sales processes and procedures manuals

* 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.

* To maintain ongoing competency through development of personal training plans in conjunction with Internal Compliance Manager

Experience Required:

* CeMAP/equivalent professional financial services qualification or willingness to work towards this.

* Able to demonstrate a suitable level of industry knowledge and experience to conduct the role

* A good grounding and understanding of working within a Regulatory environment

* 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

* Passionate in building excellent working relationships with both colleagues and our members to deliver the right outcomes for all parties

* Good team player, but with a definite ability to work under own initiative

* Good computer skills including Microsoft applications

* 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

Salary: £18,000 - £23,000