Job Information

To carry out Remote Compliance Monitoring on Member Firms, to identify any failings of firms or individuals in complying with the Rule and Procedures in place that govern the activities of individuals and firms.
Main Duties

a. To provide support to the Compliance Officer by conducting Focused Audits of the activities of individuals and firms where there is evidence of the Firm or Individual being of a risk to the Company arising from their activities.

b. To conduct Induction, Monitoring, Investigation, Remedial and Exit Visits on Firms using pre-prepared check sheets and any special instructions or directions agreed by the Compliance Officer according to individual circumstances.

c. To identify of any Breaches or Misconduct by firms and individual and report any training/compliance failures to the Compliance Officer.

d. To provide feedback and prepare action plans for firms and individuals following any audit and to complete a risk evaluation of each individual within the firm and an overall risk assessment of the firm based upon the findings of any audit visit.

e. To provide guidance to firms and individuals in setting up and maintaining good business and compliance practices and procedures.

f. To provide feedback to other departments

g. To perform any role as required for the successful implementation of the Compliance Plan

h. To utilise time to best advantage when not engaged in normal duties by performing project work, continual professional development and skills.



7. Qualifications Required:

Financial Planning Certificate or Equivalent (essential)
Compliance Institute (Working within a Regulated Organisation) or Equivalent (desirable) (Essential within 12 months of appointment)

8. Experience Required:

Will have held a similar position within a Regulated Financial Services Company for at least 12 months.

9. Knowledge Required:

Working knowledge of the FCA Rules
Awareness of the rules and regulations of other relevant bodies
Working knowledge of the Compliance Manual (training given)
Working knowledge of the insurance industry, products and risks
Working knowledge of a Compliant Sales Process and Disclosure requirements

10. Practical Skills

Demonstrate sound analytical skills
Demonstrate sound IT Skills with particular regard to Word Processing, Spreadsheets and Email
Demonstrate good report writing skills

11. Person Specific

A mature, confident individual possessing a sound systematic and methodical approach to work is essential. Possessing the ability to communicate effectively at all levels, and in all media types. Ability to work on own initiative and maintain self control when under pressure.