Our growing client is looking for a Compliance Officer to assist with compliant processes and procedures along with identifying and mitigating risks.
Main Responsibilities:
*Ensure awareness and compliance of regulatory responsibilities and ensuring that the consumer outcomes are at the core focus
*To provide support to the Compliance Manager 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
*To conduct Induction, Monitoring, Investigation Remedial and Exit Visits on Firms using pre-prepared check sheets and any special instructions agreed by the Compliance Manager
*Accurately recording outcomes on the in-house systems
*Review client files to confirm suitability, good consumer outcomes and adherence to regulatory and company requirements
*Identify and require remedial action from members firms where necessary
*To identify any breaches or misconduct by firms and individuals and report any training/compliance failures to the Compliance Manager
*To provide feedback and prepare action plans for firms and individuals following any audit and to complete a risk evaluation of everyone within the firm and an over all risk assessment based upon the findings of any audit
*To provide guidance to firms and individuals in setting up and maintaining good business and compliance practices and procedures
*To include review and approval of financial promotions and the provision of technical support
*To provide feedback to other departments within the company
*To handle consumer complaints in a fair and non-biased manner, in accordance with the regulatory requirements and procedures
*To undertake or lead on project work where required by the Compliance Manager
Skills:
*Knowledge of the FCA Rules
*Awareness of the rules and regulations of other relevant bodies (e.g. JMLSG, FATF, ICO)
*CII Financial Services Regulation and Ethics (R01) (desirable)
*Intelligent Office experience
*Knowledge of the financial services industry, products and risks
*Working knowledge of a Compliant Sales Process and Disclosure requirements
*QCA Level 4, 6 or 6+ qualification