Compliance Analyst

NIGEL JAMES ASSOCIATES LTD; Bath; On-site; GBP 42,000 - 62,000; Full time

Job summary

NIGEL JAMES ASSOCIATES LTD in Bath is seeking a Compliance & Quality Assurance Analyst to join its growing Financial Planning team. You will work with Financial Planners and Paraplanners to uphold high standards of advice quality and regulatory compliance.

The role covers file reviews, AML checks, Consumer Duty monitoring and governance reporting, with real scope for progression into a senior compliance position as the firm grows.

Qualifications

• Experience in compliance, quality assurance, or paraplanning within IFA/Wealth Mgmt.
• Strong knowledge of FCA requirements and the financial advice process.
• Excellent attention to detail and organisational skills.
• Ability to provide constructive challenge and stakeholder management.

Responsibilities

• Conduct pre-sale and post-sale file reviews and QA checks.
• Review suitability reports, advice files and client documentation.
• Provide compliance support and constructive challenge to Financial Planners and Paraplanners.
• Support AML processes including Source of Wealth and Source of Funds checks.
• Monitor advice quality and identify recurring issues.
• Support Consumer Duty monitoring and assessment of client outcomes.
• Maintain compliance registers, breaches and incident records.
• Support complaints monitoring and root cause analysis.
• Assist with regulatory monitoring and governance reporting.
• Contribute to development and improvement of compliance processes and controls.

Skills

Compliance

Quality assurance

File checking

Paraplanning background

FCA requirements

Attention to detail

Organisational skills

Stakeholder management

Education

Financial services experience (IFAs/Wealth Mgmt)

Job description

A growing and well-established Financial Planning business is looking to appoint a Compliance & Quality Assurance Analyst to join its team in Bath.

This is an excellent opportunity for an experienced Compliance professional, or a technically strong Paraplanner looking to transition into a compliance career, who is looking for a varied role with genuine scope for progression.

The position will work closely with Financial Planners, Paraplanners and the wider business, providing day-to-day compliance and quality assurance support across the firm.

The Role:

Working closely with the wider team, you will help maintain high standards of advice quality, regulatory compliance and client outcomes.

Your responsibilities will include:

• Conducting pre-sale and post-sale file reviews and quality assurance checks
• Reviewing suitability reports, advice files and client documentation
• Providing compliance support and constructive challenge to Financial Planners and Paraplanners
• Supporting AML processes, including Source of Wealth and Source of Funds checks
• Monitoring advice quality and identifying recurring issues or areas for improvement
• Supporting Consumer Duty monitoring and assessment of client outcomes
• Maintaining compliance registers, breaches and incident records
• Supporting complaints monitoring and root cause analysis
• Assisting with regulatory monitoring and internal governance reporting
• Contributing to the development and improvement of compliance processes and controls

About You:

We are looking for someone with previous experience within an IFA, Financial Planning or Wealth Management environment.

You will ideally have:

• Experience in compliance, quality assurance, file checking or a Paraplanning background
• A good understanding of FCA requirements and the financial advice process
• Strong attention to detail and excellent organisational skills
• The confidence to provide constructive challenge and feedback
• Knowledge of AML requirements, including Source of Wealth and Source of Funds
• A pragmatic and proportionate approach to compliance
• Excellent communication and stakeholder management skills
• A genuine interest in developing a long-term career within compliance

Paraplanners who are looking to make the move into compliance are also encouraged to apply. Formal compliance experience is not essential for the right individual if they have strong technical knowledge, attention to detail and a genuine interest in progressing into the compliance profession.

Why Join?

This is a fantastic opportunity to join a growing Financial Planning business where you can have a genuine influence on advice quality, compliance and client outcomes.

You'll benefit from:

• A varied compliance and quality assurance role
• The opportunity to transition from Paraplanning into compliance
• Exposure to a broad range of compliance and governance activities
• Excellent opportunities for career development and progression
• The potential to take on increasing responsibility as the business grows
• The opportunity to develop into a senior position and ultimately take a lead role within the firm's compliance function

If you're an experienced Compliance professional or Paraplanner looking to take the next step in your career and build towards a future leadership role within compliance, we'd love to hear from you.