Compliance Monitoring Officer Position
3 days ago
We are seeking a highly skilled Compliance Monitoring Officer to join our team on a permanent basis.
The successful candidate will be responsible for undertaking the risk-based second line monitoring function, ensuring that compliance controls in place are effective.
Key Responsibilities:
- Undertake second-line defence compliance monitoring to review the effectiveness of compliance controls.
- Assist in delivering the annual routine compliance monitoring plan and reprioritise it quarterly based on emerging risks.
- Design thematic reviews as required and undertake routine, discovery, and thematic reviews to produce draft reports.
- Bespoke investigations where risk indicators indicate significant breaches of company procedure or FCA rules.
- Stay up-to-date with Consumer Duty training and regulations, consider client needs, treat them fairly, and act in their best interests when executing administrative tasks.
- Identify issues relating to poor client outcomes or foreseeable harm.
Requirements:
- At least 3 years' experience in a compliance monitoring function of a financial planning and/or investment management business.
- Confident presentation skills, both internally and externally.
- Excellent organisation skills, ability to work to tight deadlines, and manage multiple tasks.
- Good understanding of financial planning markets and knowledge of UK regulation.
- Extensive technical knowledge of the financial planning process through industry exams and CPD.
- Up-to-date with key developments, industry/market changes, and regulations.
- Well-developed communication skills, excellent report writing skills.
Estimated Salary: £45,000 - £60,000 per annum.
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