Compliance Officer

  • Job Reference: 984
  • Date Posted: 15 July 2021
  • Recruiter: Independent Resourcing Consultancy
  • Location: Altrincham, Greater Manchester
  • Salary: £35,000 to £45,000
  • Sector: Compliance
  • Job Type: Permanent
  • Contact: Jon Minns
  • Email: jon@cf30.co.uk

Job Description

Compliance Officer

IRC is delighted to be recruiting a Financial Services Compliance Officer on behalf of our client, a very well established and successful firm of Independent Financial Advisers based in Altrincham, Greater Manchester.

The successful candidate will be responsible for contributing to the delivery of the firm's compliance monitoring programme and in doing so, creating a record of the firms' compliance with its regulatory and legal obligations.

Key Accountabilities:

  • Deliver a series of defined monitoring tests to ascertain the firms' compliance with its regulatory and legal obligations
  • Delivery of compliance tests on time, in accordance with compliance monitoring plan schedule
  • Maintaining excellent record keeping correct use of test folders, version control, naming conventions
  • Engage with business pre and post testing; monitoring and verifying the completion of actions which help the business demonstrate positive compliance with its regulatory and legal obligations
  • Evolving, adapting and designing CMP testing sheets
  • Daily gap analysis of the CMP scope and application
  • Actively contributing through monitoring to a 'live' compliance risk assessment of the firm
  • Daily completion of Market Abuse Monitoring activity

Knowledge / Experience

  • Relevant qualifications through industry body (Cii or CISI) or educational institution
  • Working knowledge of the FCA handbook across, investment management, wealth planning and lending
  • Familiarity with ESMA and EBA rules and the interaction between European legislation and FCA/PRA
  • Delivering and/or assessing delivery of, the FCA handbook described above through analysis of:
  • Client files, procedures, processes, record keeping
  • Delivering regulatory change within a firm
  • Responsibility, expectation and governance of a 3LOD model
  • Ability to engage people effectively in order to recognise and achieve agreed outcomes
  • Ability to understand regulatory text - regulation, directive, guidance - and understand the practical implications and applications of that
  • Excellent business writing skills the ability to summarise at high level as-well-as explain detail findings clearly and concisely
  • Ability to apply root cause analysis to findings in order to create effective actions