Compliance Risk Management Specialist
3 days ago
About the Role:
Merje, a leading financial planning and wealth management firm, is seeking a Compliance Risk Management Specialist to join our team on a permanent basis.
Job Description:
- Undertake the risk-based second line monitoring function to ensure the effectiveness of compliance controls in place within the business.
- Assist the Head of Regulatory Compliance & Risk in delivering the annual routine compliance monitoring plan and reprioritising it each quarter based on emerging risks.
- Conduct routine, discovery, and thematic reviews as required, producing draft reports for approval by the Head of Regulatory Compliance & Risk.
- Investigate significant breaches of company procedure or FCA rules indicated by risk indicators.
- Stay up-to-date with Consumer Duty training and regulations affecting financial planning operations and administration.
- Supervise client interactions, ensuring fair treatment and acting in their best interests when executing administrative tasks related to client assets, reporting, and queries.
Requirements:
- At least 3 years' experience in a compliance monitoring function within a financial planning and/or investment management business.
- Good understanding of financial planning markets.
- Extensive technical knowledge of the financial planning process through relevant industry exams and CPD, including products, funds, pensions, markets, appropriate financial instruments, regulatory standards, and their relevance to private clients.
- Effective communication skills, both verbal and written, with excellent questioning, listening, and report writing skills.
Estimated Salary: £45,000 - £55,000 per annum
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