File Checker

Reed Specialist Recruitment; North East; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading recruitment agency in the UK seeks a Financial Services File Checker for a dynamic compliance team. The successful candidate will review adviser-submitted cases to ensure they meet regulatory standards. Qualifications include a minimum Level 4 qualification and preferred experience in compliance roles. Key responsibilities involve assessing files for compliance and providing training for quality improvement. The position offers various benefits including competitive pension contributions, generous annual leave, and access to career development resources.

Benefits

Company and team events throughout the year

Competitive pension contributions (increasing with service)

Free on-site parking

33 days annual leave including Bank Holidays (increasing with service)

Enhanced maternity, paternity, and adoption leave

Cashback rewards on online purchases

Access to a dedicated academy for career development

Qualifications

• Previous experience in a compliance or file-checking role within an FCA-regulated financial services firm is preferred.
• Familiarity with client files in areas such as financial advice, pensions, investments, and insurance.
• Strong understanding of FCA regulations and advice standards.

Responsibilities

• Review client files to ensure compliance with FCA regulations and internal standards.
• Assess suitability reports and supporting documentation against policies and procedures.
• Identify and escalate potential risks or breaches to the Compliance Manager.
• Provide clear feedback to advisers and assist with training to improve file quality.
• Respond to compliance queries and offer guidance on best practices.

Skills

Attention to detail

Compliance risk identification

Education

Level 4 qualification (e.g., Diploma in Regulated Financial Planning)

Job description

Financial Services File Checker

Our client is a leading organisation in the wealth management sector, specialising in pensions and investments. With over 15 years of experience, they work with a significant proportion of the UK's financial advisers and have built a reputation for innovation and excellence.

The Role

Our client is seeking a File Checker to join their dynamic compliance team. The successful candidate will review cases submitted by a large network of financial advisers, ensuring files meet regulatory standards and internal policies.

About You

Qualifications

• Minimum Level 4 qualification (e.g., Diploma in Regulated Financial Planning or equivalent).

Experience

• Previous experience in a compliance or file-checking role within an FCA-regulated financial services firm is preferred.
• Familiarity with client files in areas such as financial advice, pensions, investments, and insurance.

Technical Knowledge

• Strong understanding of FCA regulations and advice standards.
• Knowledge of financial products, client suitability, and the advice process.

Skills

• Exceptional attention to detail and accuracy when reviewing complex documentation.
• Ability to identify discrepancies, gaps, and compliance risks.

Key Responsibilities

• Review client files to ensure compliance with FCA regulations and internal standards.
• Assess suitability reports and supporting documentation against policies and procedures.
• Identify and escalation potential risks or breaches to the Compliance Manager.
• Provide clear feedback to advisers and assist with training to improve file quality.
• Respond to compliance queries and offer guidance on best practices.

Benefits

• Company and team events throughout the year.
• Competitive pension contributions (increasing with service).
• Free on-site parking.
• 33 days annual leave including Bank Holidays (increasing with service).
• Enhanced maternity, paternity, and adoption leave.
• Cashback rewards on online purchases.
• Access to a dedicated academy for career development within wealth management.