Senior Compliance Manager - Retail Investment product

Compliance Professionals; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial broker based in Greater London is seeking a Senior Compliance Officer to provide crucial advice on regulatory compliance for new and existing products. The ideal candidate will have over 7 years of experience in a senior compliance role, specifically in retail investments, and a strong understanding of FCA regulations. This role involves advising on consumer duty principles, training business units, and managing complex complaints. Excellent communication and stakeholder management skills are essential. Competitive salary and benefits offered.

Qualifications

• 7+ years of experience in a senior generalist compliance role, with a focus on retail investments.
• Strong understanding of FCA regulations, specifically Consumer Duty.
• Excellent communication skills and the ability to manage stakeholders effectively.

Responsibilities

• Provide compliance advice to product teams on new and existing products.
• Advise on regulatory requirements for marketing campaigns.
• Develop and deploy compliance policies and control frameworks.
• Deliver ongoing training to relevant business areas.
• Assist in monitoring activities related to compliance.

Skills

Compliance expertise in financial services

Stakeholder management

Strategic thinking

Proactive problem-solving

Job description

THE COMPANY:

Our client is a well-known Broker based in the heart of the City, with exciting growth plans.

THE RESPONSIBILITIES:

• Providing advice to the product teams on introduction of new and adaptations to existing products
• Advising all parts of the business on its obligations under the Consumer Duty and application of its principles and outcomes.
• Advising the marketing function on regulatory requirements including in respect of approach to specific campaigns.
• Development and deployment of relevant compliance policy, and associated control frameworks necessary to ensure regulatory compliance and adherence to policy.
• Delivery of ongoing training to the UK divisional business, UK compliance team and other stakeholders as required.
• Assisting Compliance Assurance with monitoring activity as required e.g. client communications.
• Attending Client Money and Assets Committee and assisting in client money advisory matters.
• Reviewing Operational Risk Events for indications of regulatory breaches.
• Managing high-value, and or complex complaints. This encompasses ultimate responsibility for the drafting and submission on a timely basis of the response to the complaint.
• Providing strategic advice on the approach to the ombudsman in response to high-value or precedent-setting complaints within regulatory timelines
• Advising on Financial Promotions compliance, acting as a first point of contact for the marketing teams and leadership.

EXPERIENCE REQUIRED:

• CFDS, Spreadbetting Retail Investor products/background required
• 7+ years of experience in a senior generalist compliance role (Retail investments/brokage background required )
• Solid background in financial services with good working knowledge of leveraged and non-leveraged trading of financial instruments and other popular investments. (CFDS, Spreadbetting, Crypto)
• Strong understanding of the FCA regulations applicable over Retail investments, particularly the Consumer Duty, COBS, and DISP.
• Familiarity with UK regulation and regulatory framework, and other handbook areas such as Client Money & Assets, Product Governance, Training & Competence, SMCR & FIT.
• Bonus is you have Financial Promotions experience
• Excellent stakeholder management and communication skills across all levels of the organisation
• Proven ability to demonstrate strategic thinking with a proactive and solutions-focused approach

For further information please contact Hannah Tabatabai