Senior Compliance Manager

Financial Divisions

Shaw

Remote

GBP 50,000 - 80,000

Full time

14 days+

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Benefits offered by this job

Pension Plan

Death in Service Cover

Income Protection

26 Days Holiday + Bank Holidays

Wellness Scheme

Job summary

An established industry player is seeking a Compliance Manager for a fully remote role in wealth management. This exciting opportunity involves leading the compliance function, ensuring adherence to FCA regulations, and working closely with a team of senior advisers. You will play a vital role in maintaining compliance standards, conducting audits, and managing training programs for staff. With plans for significant growth, this is a chance to contribute to a dynamic firm that values compliance and operational excellence. If you're ready to take on a pivotal role in a thriving business, this position is perfect for you.

Qualifications

Proven experience in compliance management within financial services.
Strong understanding of FCA regulations and compliance frameworks.

Responsibilities

Serve as the first point of contact for all FCA queries.
Conduct audits and implement compliance programs.
Manage the firm's relationship with FCA and ensure timely responses.

Skills

Compliance Management

Regulatory Knowledge (FCA)

Risk Assessment

Audit Implementation

Training & Competency

Data Protection

Money Laundering Reporting

Education

Relevant Compliance Qualification

Degree in Finance or Related Field

Job description

Compliance Manager – Remote Role - Up to £80k basic salary – Wealth Management

My client is a boutique wealth planning firm with offices in Berkshire who I have met twice and placed 10 staff with over the past 3 years. They offer a raft of financial advice to HNW and UHNW retirees, accumulators, local families, and SME owners. In their current setup, they manage the affairs of c.500 clients with assets ranging from £200k - £1m and their UHNW proposition deals with clients with £1m - £10m+ of assets. The business offers advice on pensions, investments, tax planning, cashflow modelling, retirement planning, protections (both personal and business) and some esoteric schemes such as VCT & EIS schemes.

The business has a team of senior advisers and a full suite of admin and paraplanning support staff and they have very exciting expansion plans over the next 5 years. With significant financial backing, they would like to double their adviser count both organically and via acquisition of businesses. Before they action their expansion plans, they need to recruit another member of staff into their compliance function before scaling the business. The Managing Director is creating a brand-new role for a Compliance Manager to take a leading role in managing the compliance function and ensuring the business is compliant with all new and upcoming regulations from the FCA including the recent Consumer Duty. You will work very closely with another Compliance Manager who is currently in their position but has a very substantial workload.

Responsibilities

First point of contact dealing with all FCA queries
Assessing, monitoring, and mitigating compliance risks
Conducting audits and implementing compliance programs
Manage the firm’s relationship with FCA and ensure that the firm can respond in a timely manner to requests for information
Ensure FIT assessments are in place for all Senior Managers and Certified Persons and measures are in place to review regularly
Ensure all relevant records are maintained (register, copies of draft and published promotions etc)
Ensure adequate and appropriate PII cover is in place
Ensure that all new staff receive training in the Conduct Rules
Responsibility for the Training & Competency for all Senior Managers and Certified Persons
Money Laundering Reporting Officer
Data Protection Officer

Other duties can be discussed in line with your experience. The role will be fully remote but the ability to come to the Berkshire offices once a month or meet up with the existing Compliance Manager who lives in the Hampshire/Surrey area would be ideal.

Compensation