Job Description
My client is a well established, well respected leading Independent Financial Advisors and DFM with an Ultra High Net Worth client base. Due to the business growing a new Compliance Associate is sought to join the team.
The role will involve:
- Playing an important role within the team in ensuring the business are compliant with relevant legislation and procedures, maintaining effective systems and controls to mitigate business risks
- Help to maintain a collegiate relationship with both the Advisers and support staff to foster a positive approach to compliance across the company.
- Assist in conducting and implementing a strategic business review to enhance best practice in the compliant operations of the firm
- Assist in carrying out induction training for new staff
- Carry out new business checks and ongoing file reviews and provide advice and feedback to the Advisers and support teams also ensuring any remedial action is completed
- Provide support in monitoring effective systems and controls to counter Money Laundering and Financial Crime risks
- Maintain accurate reporting, up to date and detailed compliance records and registers
- Check and maintain the Financial Promotions records
- Assist in any complaints handling and investigations
- Assist with Regulatory returns
The ideal candidate will have:
Compliance experience within an IFA, Wealth Management, DFM or Private Banking. Professional qualifications preferred such as the CII Diploma, CISI etc
Good knowledge of regulation applying to the UK Wealth Management industry.
Experience of client suitability and file reviews is an advantage
The ability to work as part of a growing team with strong organisational skills such as prioritisation and ability to work under pressure and to strict deadlines.
Confidentiality is key, attention to detail, effective communication and confidence to question and work with support teams and Advisers.
