Compliance Manager

The Company: An expanding wealth management firm with recent investment aimed at growing their adviser base now has a need to bring in a Compliance Manager to take on a broad internal compliance role - This is inclusive of file review, T&C and some business operations involvement too and will shadow a retiring head for the next 6-months.

• Office Location: Barnsley
• Working Setup: Hybrid - Split between office & WFH

Package: £50-60k base DOE + discretionary bonus & benefits

• Key Benefits: Pension, DIS plus wider company benefits
• Holidays: 25 days holiday + stats
• Hours: Full-time 35hrs p/w

The Role: An internal compliance role/remit spanning internal audit, T&C, governance and compliance oversight for the group. Duties include:

• To report directly to the Senior Management Team to ensure that they are fully aware of the firms responsibilities for compliance
• To keep abreast of Regulatory issues and ensure that these are effectively communicated to Staff, Directors and Advisers
• To ensure that the firm maintains and monitors its commitment to TCF
• To work directly with the directors to highlight any potential Risk to the firm and to communicate this to the advisers
• To produce the Annual Compliance Plan
• To play a significant role in the Senior Management team and to report directly to SMF16
• To act in a supervisory capacity and to act as support and liaison point for advisers
• To ensure that correct procedures are in place regarding Data Protection, Money Laundering and the Consumer Credit Act
• To ensure all company literature is up to date and meets regulatory requirements
• To deal with Complaints
• To conduct regular audits of Compliance and T&C procedures and implement changes
• To conduct audits and inspection visits of branches and/or advisers as required following identification of potential shortcomings against company and regulatory standards
• Design and Maintenance of Induction Training
• To assist in the completion of the RMAR and submit to the FCA
• To manage the paraplanning team and ensure their compliance with company standards
• Adhere to company Compliance/TCF/Data Security/Complaints procedures.
• To ensure file reviews are completed to company standard (internal and outsource).
• Check that Adviser is completing remedial within the company’s set timeframe

The Person: You must be QCF level 4 Diploma qualified and be coming from an IFA/wealth management background. This is an all-encompassing compliance type role covering Adviser Compliance and T&C, so the motivation (and experience) to take on a broad yet exciting remit is essential:

• Required: Internal compliance and file review experience in a private wealth advice setting
• Required: Prior adviser T&C/T&D responsibilities
• Preferred: Adviser onboarding and induction experience

What next? Please send CV applications to Chris at CB3 Associates Ltd to be reviewed inside 24 hours. For further opportunities that might suit you, please visit the website: www.cb3associates.co.uk