Compliance Manager

Clayton Davies Ltd; Lancashire; On-site; GBP 60,000 - 90,000; Full time

Job summary

Clayton Davies Ltd is seeking a Compliance Manager to join its acquisitions function. You will assess financial planning businesses pre-acquisition, building a clear view of regulatory history and potential exposure. You will ensure identified issues are addressed as entities join the group.

The role involves detailed regulatory assessments, reviewing information for risk profiling, and collaborating with compliance, legal, finance and operations teams throughout the due diligence process.

Qualifications

• Minimum Level 4 Diploma in Financial Planning or equivalent required.
• Strong experience within UK financial advice or wealth management compliance.
• Experience in compliance monitoring, regulatory reviews, and audit activities.
• Solid understanding of the FCA regulatory environment for advisers and wealth managers.

Responsibilities

• Carry out detailed regulatory assessments of financial planning and wealth management businesses prior to acquisition.
• Review information to understand compliance history and risk profile of each business.
• Interrogate management information and client data to spot trends and anomalies.
• Identify areas of historic advice that may present regulatory or client risk.
• Present conclusions and recommendations to senior decision-makers.
• Support remediation or post-acquisition actions where required.

Skills

Regulatory compliance

UK financial advice

Due diligence

Risk assessment

Regulatory reviews

Education

Minimum Level 4 Diploma in Financial Planning (or equivalent)

Job description

We're working with a highly successful and growing financial planning organisation that is looking to strengthen its specialist M&A capability with the appointment of a Compliance Manager.

Working as part of the acquisitions function, you will assess financial advice businesses ahead of potential transactions, building a clear picture of their regulatory history, advice practices and potential areas of exposure. You will then help ensure any issues identified during the assessment process are appropriately addressed as businesses join the wider group.

Role & Responsibilities

• Carrying out detailed regulatory assessments of financial planning and wealth management businesses prior to acquisition
• Reviewing a broad range of information to understand the compliance history and risk profile of each business
• Interrogating management information and client data to spot trends, anomalies or areas requiring further investigation
• Identifying areas of historic advice that may present increased regulatory or client risk
• Working alongside advice/file review specialists to understand whether individual findings point towards wider systemic issues
• Comparing information from different sources to identify gaps, contradictions or areas where further evidence is needed
• Assessing the significance of findings rather than treating every technical breach as carrying the same level of risk
• Presenting clear conclusions and recommendations to senior decision-makers
• Highlighting significant concerns early enough for them to be considered as part of the transaction
• Helping establish appropriate remediation or post-acquisition actions where required
• Working closely with colleagues across compliance, legal, finance and operational teams throughout the acquisition process
• Engaging professionally with owners and senior employees of businesses going through due diligence
• Supporting the continued development of the organisation’s acquisition and due diligence processes

Do you have the following to apply?

• Minimum Level 4 Diploma in Financial Planning (or equivalent)
• Strong experience within UK financial advice or wealth management compliance
• Experience in areas such as compliance monitoring, regulatory reviews, advice file assessment, audit, risk or due diligence
• A good practical understanding of the FCA regulatory environment affecting financial advisers and wealth managers