Chief Compliance Officer
1 day ago
We are seeking a highly experienced Chief Compliance Officer to join our client, a well-established financial planning and wealth management business. The ideal candidate will have extensive knowledge of regulatory requirements and industry best practices.
The successful candidate will hold the SMF16 & 17 for the business and be responsible for managing the Compliance team and coordinating regular management information. They will also ensure full compliance with the FCA's Consumer Duty by embedding consumer-focused governance across all levels.
This is a challenging yet rewarding role that requires a proactive approach to identifying and mitigating risks. The successful candidate will be self-motivated and able to foster a positive compliance culture within the organization.
Key Responsibilities:
- Manage the Compliance team and coordinate regular management information
- Ensure full compliance with the FCA's Consumer Duty
- Keep up-to-date with developments that may affect the compliance and risk of the group
- Advise senior management in a timely manner of FCA-related and other regulatory issues
- Produce an annual compliance report for senior management
- Ensure the business has adopted a risk-based approach to compliance monitoring
- Review the activities of the firm on an ongoing basis to ensure they are undertaken adequately and meet all relevant requirements
- Ensure that any financial promotions are approved in accordance with FCA rules
Requirements:
- Operated as an SM16 within a wealth or financial planning environment
- Strong team leadership skills
- Excellent understanding of regulatory requirements, industry best practices, and emerging risks
- Good knowledge of policies, controls, and monitoring required to enable positive consumer outcomes
- Effective communication skills to advise stakeholders across all levels
- Proactive, self-supportive, and motivated in fostering a positive compliance culture
Salary: £80,000 - £100,000 per annum, depending on experience. This is a permanent contract with excellent benefits, including pension scheme, life assurance, and professional development opportunities.
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