Compliance Monitoring Officer - Investment Management

Meraki Talent Ltd; Leeds; On-site; GBP 40,000 - 60,000; Full time

Job summary

A respected wealth and investment management firm in the UK is seeking experienced Compliance Monitoring Officers to conduct file reviews and thematic assessments across its services. The role involves ensuring client outcomes meet FCA regulations and internal policies. Candidates should have a Level 4 Investment Advice Diploma and a minimum of 3 years' experience in compliance monitoring or quality assurance within the financial sector. Strong stakeholder engagement and analytical skills are essential.

Qualifications

• Minimum 3 years' experience in compliance monitoring or quality assurance in wealth management.
• Understanding of monitoring methodologies and risk-based approaches.
• Experience reviewing investment advice or discretionary portfolio management.

Responsibilities

• Conduct in-depth reviews of client files for suitability of investment advice.
• Ensure compliance with FCA rules and internal suitability frameworks.
• Produce clear monitoring reports outlining findings and recommendations.
• Engage with stakeholders to promote high standards.

Skills

Compliance monitoring

Risk assessment

Investment advice evaluation

Stakeholder engagement

Education

Level 4 Investment Advice Diploma (IAD) or equivalent

Job description

Meraki Talent are working with an established and respected wealth and investment management firm who are seeking several experienced Compliance Monitoring Officers to join its second-line compliance function.

These roles are responsible for conducting file reviews and thematic assessments across the firm's investment management and advisory services, ensuring high-quality client outcomes and adherence to FCA regulations.

As a Compliance Monitoring Officer, you will carry out detailed second-line reviews of investment advice and portfolio management activities. Your work will help ensure that services are delivered in line with regulatory requirements, internal policies, and best practice standards, with a strong focus on suitability, Consumer Duty obligations, and the identification of conduct risks.

You will provide constructive challenge to investment professionals, contribute to the enhancement of the compliance monitoring programme, and help maintain a strong, collaborative compliance culture.

Key Responsibilities

File Reviews & Monitoring

• Conduct in-depth reviews of client files to assess the suitability and appropriateness of investment advice and portfolio construction.
• Ensure risk profiling, fact-finding, and suitability reports accurately reflect clients' financial circumstances, objectives, and risk appetite, with particular care for vulnerable clients.
• Review supporting documentation, asset allocation decisions, and investment rationale against regulatory and internal standards.
• Observe and assess recorded client interactions to ensure compliance with internal and FCA requirements.
• Identify and document breaches, control gaps, and areas for improvement, ensuring timely follow-up and resolution.
• Support and contribute to thematic and risk-based monitoring activity across the business.

Regulatory & Policy Adherence

• Conduct reviews in line with FCA rules (including COBS, SYSC, PRIN) and internal suitability frameworks.
• Maintain awareness of regulatory developments, including evolving expectations under Consumer Duty.
• Contribute to the refinement and ongoing development of the compliance monitoring programme.

Reporting & Record Keeping

• Produce clear, structured monitoring reports outlining findings, trends, and recommended actions.
• Maintain accurate and auditable records of reviews and outcomes.
• Assist with the preparation of MI for compliance committees and senior leadership.

Stakeholder Engagement & Support

• Engage constructively with Investment and Portfolio Managers, Heads of Office, and other stakeholders to promote high standards and good client outcomes.
• Work with the Training & Competence team to support learning initiatives related to suitability and regulatory expectations.
• Foster strong, collaborative relationships across the organisation.

Qualifications & Experience

• Level 4 Investment Advice Diploma (IAD) or equivalent (CISI or CII).
• Minimum 3 years' experience in compliance monitoring, audit, or quality assurance within wealth management, stockbroking, or investment management.
• Experience reviewing investment advice or discretionary portfolio management.
• Understanding of monitoring methodologies and risk-based approaches.

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