Compliance Monitoring Director
1 month ago
Job Title: Compliance Monitoring Director
About Us:
Succeeding in the wealth management industry requires a strong focus on compliance and risk. At Succession Wealth, we strive to deliver high-quality financial advice services to our clients while maintaining a culture of inclusion and diversity. Our diverse teams enable us to reflect and understand the communities we operate in, helping us provide excellent client care.
Salary: A highly competitive basic salary of £85,000 per annum, with annual pay reviews and performance-linked increases, is offered to the successful candidate.
Job Description:
Company Overview
Succession Wealth is one of the UK's leading Financial Advisory firms and a wholly owned subsidiary of Aviva. We offer a range of health benefits, including eye care vouchers, flu vaccinations, Annual Health Screening, Digital GP, Mental health and Nutrition Sessions, and Employee Assistance Programme.
We are committed to building and preserving a culture of inclusion and diversity, which enables us to grow, innovate, and deliver excellent client care. Our diverse teams help us reflect and understand the communities we operate in and the subjects we cover in our everyday work.
Responsibilities:
- Establish and maintain Succession's compliance monitoring methodologies and plans.
- Undertake monitoring reviews in accordance with the plan, ensuring timely delivery, and preparing clear and concise reports highlighting key findings.
- Develop appropriate compliance monitoring methodologies, procedures, and templates.
- Prepare the annual risk-based compliance monitoring plan and present it to ExCo and the Board as required.
- Lead a team of 1-2 Compliance Monitoring Managers, helping them to develop in their roles and ensuring the quality and timeliness of delivery.
- Clearly communicate findings and work with colleagues to agree actions to mitigate or avoid risks outside the Group's risk appetite.
Required Skills and Qualifications:
- Experience gained within a Compliance Monitoring role within the wealth management industry.
- Experience of managing other staff and developing and implementing a compliance monitoring plan.
- Strong interpersonal skills and ability to communicate assurance, compliance, and regulatory concepts clearly and succinctly to key stakeholders.
- Excellent report writing skills, including the ability to be clear and concise in distilling and articulating findings and recommendations from monitoring and assurance reviews.
Benefits:
- A highly competitive basic salary of £85,000 per annum, with annual pay reviews and performance-linked increases.
- 25 days annual leave, rapidly increasing with service, plus bank holidays and additional days for Christmas closure.
- Excellent company pension scheme with an 8% employer contribution.
- Agile and family-friendly working arrangements to allow for a great work-life balance.
- Company sick pay.
- Enhanced maternity, paternity, and adoption pay.
- £450 towards the purchase of home office equipment.
- Group Life Assurance Scheme: 8 x salary.
- Access to the Benefit Hub; discounts on shopping, dining out, holidays, and lots more.
- A range of health benefits, including eye care vouchers, flu vaccinations, Annual Health Screening, Digital GP, Mental health and Nutrition Sessions, and Employee Assistance Programme.
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