Financial Services Compliance Specialist
2 days ago
Job Overview:
Recruit Wealth Ltd is seeking a highly skilled Financial Services Compliance Specialist to join our team. This role offers an excellent opportunity for individuals with a strong background in financial services compliance to take on a challenging and rewarding position.
About the Role:
We are looking for a Compliance Officer to oversee compliance, T&C, and AML functions, working closely with senior leadership. The ideal candidate will have excellent knowledge of the Financial Services and Markets Act 2000, FCA's Conduct rules, and Statements of Principle & Code of Practice.
Key Responsibilities:
- Comply with relevant regulatory requirements, including the Financial Services and Markets Act 2000 and FCA's Conduct rules
- Keep up-to-date with relevant legislative, technical, and product requirements
- Maintain accurate and detailed compliance records
- Report on compliance issues to the leadership team on a monthly basis
- Ensure quality of advice maintained and monitored via pre-sale checks of a selection of advice files
- Review and sign-off financial promotions
- Monitor and adapt the company's T&C scheme to changing regulatory requirements
- Ensure all staff have passed the relevant annual testing and conduct fit and proper assessments
- Arrange training for regulatory changes
- Assist SMF17 to ensure the firm's financial crime and anti-money laundering procedures are up-to-date
- Ensure all staff are aware of and appropriately trained on the firm's anti-money laundering and financial crime procedures
- Assist SMF17 to ensure the firm has adequate data security policies and procedures in place
Requirements:
To be successful in this role, you will require:
- Excellent knowledge of financial services compliance, particularly in relation to the Financial Services and Markets Act 2000 and FCA's Conduct rules
- Experience working in a similar role within a financial services environment
- Strong analytical and problem-solving skills
- Ability to work effectively in a team environment
- Strong communication and interpersonal skills
Benefits:
This is a stand-out role for individuals with a strong background in financial services compliance. We offer an excellent salary, benefits, company bonus, hybrid working, and a collaborative working culture.
Estimated Salary: £60,000 - £80,000 per annum, depending on experience.
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