Compliance Assistant

Remotestar; Cambourne; On-site; GBP 15,000 - 25,000; Part time

Job summary

A leading financial services company is seeking a part-time Compliance Assistant based in York. This role involves aiding the Compliance Manager in overseeing compliance tasks, ensuring adherence to regulations, and engaging with various business functions. Ideal candidates will demonstrate analytical and investigative skills, along with a solid understanding of the compliance landscape. A genuine interest in a compliance career is essential, matched with relevant experience in financial services.

Qualifications

• At least 2 years of relevant experience in a financial services firm.
• Desire to pursue a career in compliance and understanding of suitability reports.
• Demonstrated ethical standards.

Responsibilities

• Support the Compliance Manager with ongoing compliance monitoring.
• Review client files for suitability and conduct AML reviews.
• Prepare regulatory reports and handle client complaints.

Skills

Analytical skills

Investigative skills

Problem solving

Attention to detail

Communication

Job description

Industry Sector:Financial Industry (Independent financial planning advice)
Department:Compliance
Job Specification – Main purpose/aim of the job:
To work alongside the Compliance manager to support and assist with most
aspects of ongoing compliance monitoring, in the York office, including the
following tasks:
To provide a business friendly and approachable compliance service to
management, staff and external parties;
Review and monitoring of client files to assess client ‘Suitability’;
Carry out ongoing AML reviews;
Produce and maintain regulatory MI reports;
Assisting with the identification, resolution and recording of any errors and
regulatory breaches;
Assisting with the investigation, resolution and recording of client
complaints;;
Assist the Compliance Manager with preparing regulatory MI, drafting
reports and notifications;
Assisting with the submission of FCA returns;
Helping to review and approve financial promotions as and when required;
Helping to monitor the training and competence (T&C) for certified
individuals (Financial Planners);
Review and update in-house Compliance policies and procedures;
Review and update client literature;
Liaise with the Compliance Manager regarding risk, regulatory changes
and any other ongoing issues.
Experience & Other Requirements:
Demonstrate a desire or aptitude to work in compliance:

oCompliance-related work placements and understanding of
suitability reports
oRelevant Experience of working in a financial services firm of at
least 2 years
Genuine interest in pursuing a career in compliance
Highly ethical
Appropriate professional examinations are not a requirement but desirable
Person Specification:
Ability to engage with the full range of business functions particularly in
order to carry out the monitoring work
Ability to challenge in a constructive way
Investigative skills

Job Title:Compliance Assistant (part time)

Location:York

Industry Sector:Financial Industry (Independent financial planning advice)

Department: Compliance

Job Specification – Main purpose/aim of the job:

To work alongside the Compliance manager to support and assist with most aspects of ongoing compliance monitoring, in the York office, including the following tasks:

• To provide a business friendly and approachable compliance service to management, staff and external parties.
• Review and monitoring of client files to assess client ‘Suitability’;
• Carry out ongoing AML reviews;
• Produce and maintain regulatory MI reports;
• Assisting with the identification, resolution and recording of any errors and regulatory breaches;
• Assisting with the investigation, resolution and recording of client complaints;;
• Assist the Compliance Manager with preparing regulatory MI, drafting reports and notifications;
• Assisting with the submission of FCA returns;
• Helping to review and approve financial promotions as and when required;
• Helping to monitor the training and competence (T&C) for certified individuals (Financial Planners);
• Review and update in-house Compliance policies and procedures;
• Review and update client literature;
• Liaise with the Compliance Manager regarding risk, regulatory changes and any other ongoing issues.

Experience & Other Requirements:

• Demonstrate a desire or aptitude to work in compliance:

• Compliance-related work placements and understanding of suitability reports
• Relevant Experience of working in a financial services firm of at least 2 years
• Genuine interest in pursuing a career in compliance
• Highly ethical
• Appropriate professional examinations are not a requirement but desirable

Person Specification:

• Ability to engage with the full range of business functions particularly in order to carry out the monitoring work
• Ability to challenge in a constructive way
• Investigative skills
• Analytical and methodical approach
• Self-starter and highly motivated
• Results oriented
• Organised
• Numerate
• Observant and resourceful
• Problem solving abilities
• Detail orientated

Reporting to:

• Compliance Manager

Compliance ManageDate:Jan 2025