Training and Competence Lead

3 weeks ago


London, Greater London, United Kingdom Compliance Professionals Full time
Job Title:

Training and Competence Lead

Company Overview:

Our client is a successful UK-based wealth management firm, focused on providing top-quality wealth management services to retail and professional clients.

Key Responsibilities:
  • Adviser Supervision
  • Provide ongoing assessment of adviser competence in line with the Training & Competence requirements, typically twice per year, and ensure that the level and frequency of supervision touch points reflect the level of risk identified
  • Taking responsibility for the delivery and oversight of the T&C Scheme, providing first-line assurance for people development and regulated activities.
  • Conduct one-to-one meetings with advisers in accordance with the adviser's risk profile.
  • Agree, record and progress development plans with advisers.
  • Oversee and conduct role plays and observations, ensuring competence in all areas, determining the suitability of the advice given and highlighting areas for development.
  • Review and address any issues around CPD activity and record keeping with the relevant individual.
  • Ensure advisers have a valid Statement of Professional Standing in place.
  • Maintain appropriate records in relation to T&C supervision.
  • Monitor and encourage adviser completion of suitability assessments, mandates and periodic portfolio reviews, reporting to the Compliance team where an issue has been identified.
  • Maintaining and continually developing your skills and knowledge of financial services and regulations to ensure that changing needs of retail customers are met within the Consumer Duty framework.
  • Providing clear, timely, and constructive feedback of assessments and risks and proposing areas of deep-dive focus, based on data and MI produced in your role to the Compliance team.
  • Liaise with the Compliance team to ensure effective communication of training and competence across the business.
  • Identify learning gaps and design training, recovery and improvement plans as appropriate.
  • Vulnerable client champion
  • Assist on operational or compliance projects as required
Salary:

£60,000 - £80,000 per annum, depending on experience.

Requirements:
  • Must have Training and Competency & Consumer Duty experience
  • Level 4 Diploma in CISI preferred
  • Qualified T&C Manager with a minimum of 3 years in a similar role
  • Technical knowledge relating to the wealth management industry


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