Senior Risk Compliance Officer

4 weeks ago


St Albans, Hertfordshire, United Kingdom Recruit Wealth Ltd Full time

Recruit Wealth Ltd is seeking a highly skilled Compliance Officer to oversee compliance, T&C, and AML, working closely with the senior leadership team.

Key responsibilities include ensuring the company operates within the guidelines of the Financial Conduct Authority by implementing and overseeing compliance policies and procedures.

Compliance:

  • Comply with the Financial Services and Markets Act 2000, the FCA's Conduct rules, and Statements of Principle & Code of Practice at all times.
  • Stay up-to-date with relevant regulatory, product, legislative, and technical requirements.
  • Implement and review systems and controls covering all areas of the firm's business activities.
  • Maintain accurate, detailed, and up-to-date compliance records across all areas of the firm's business activities.
  • Report to the leadership team on a monthly basis on all relevant compliance issues.
  • Report significant compliance risks to the management body on an ad-hoc basis.
  • Ensure the quality of advice is maintained and monitored via pre-sale checks of a selection of advice files and post-sale checks.
  • Review and sign-off financial promotions.

Training & Competency:

  • Monitor and adapt the company's T&C scheme to changing regulatory requirements.
  • Ensure all staff have completed the relevant annual testing and conduct fit and proper assessments.
  • Arrange training for regulatory changes.

AML & Data Protection:

  • Assist the SMF17 in ensuring the firm's financial crime and anti-money laundering procedures are up-to-date and staff are notified of any changes.
  • Maintain awareness and training of staff on the firm's anti-money laundering and financial crime procedures.
  • Assist the SMF17 in ensuring the firm has adequate data security policies and procedures in place and implemented properly.

This is a senior role for an individual with an excellent Financial Services compliance background.

Financial Planning/Wealth Management compliance experience is essential for consideration.

The company offers an excellent working culture, salary, benefits, company bonus, and hybrid working arrangements.



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