Training & Competence Compliance Assistant

13 Mar 2018
15 Jun 2018
Contract Type
Full Time
Job Purpose

To assist the Compliance Director in the implementation and monitoring of the Training and Competence ( T & C) scheme within MFP


MFP Partners, Advisory Teams , MFP staff

Job Role

Primary Responsibilities

• Assisting the Compliance Director in providing T & C support to MFP

• Ensuring that both firms meet their FCA responsibilities with regard to T & C

• Acting as a T & C Supervisor

• To provide coaching, feedback and training to advisers

• to support advisers in achieving and maintaining competent status

• Ensure Advisors obtain and renew their SPS as required to give advice to clients

• Regular liaison with other T & C supervisors to ensure their compliance with the scheme

• Implementing changes/updates to the scheme when required

• Monitoring Advisors ongoing compliance with the scheme and “fit and proper “ rules

• Collecting, analysing and recording Key Performance Indicator information as required by the scheme

• Reporting via the Compliance Director to the Board on all aspects of the scheme

• Maintaining the T & C records as required by the FCA

• Responsible for recruitment administration for all new Advisors to ensure meet FCA “fit and proper” requirements

Additional Responsibilities

• To help staff with day to day compliance queries

• To help write and maintain key internal guidance manuals for example AML and financial crime

• To build a positive relationship with colleagues and key contacts

• Ensure prompt and effective communications with internal/external contacts

• To uphold compliance standards and look to minimise risk of day to day activities of the firm

• To file and store records in accordance with internal standards so they can be accessed and or retrieved in an efficient manner

• To approve financial promotions in line with FCA rules and guidance

• To undertake file reviews as requested and provide feedback to Advisors

• To maintain a good understanding of a broad range of financial products and associated legal and regulatory requirements , particularly pension products and legislation

• To identify and refer opportunities to improve working practices and /or risk management to enable improvements to be made

Person Specification

Key Skills & Qualifications

• CII Financial Planning Certificate or Diploma Qualified, desire to achieve CII Chartered status

• Previous experience as a T & C Supervisor within an Independent Financial Advisor

• Good coaching, mentoring and feedback skills

• Practical Compliance experience within the financial services sector preferably with an Independent Financial Adviser

• Extensive knowledge of the FCA rule book and its practical application, particularly with regard to T & C

• Good understanding of financial advice process and the FCA record keeping requirements

• Excellent IT skills with a particular knowledge of Microsoft Excel and Word

• Experience with Intelligent Office or similar back office system

• Good analytical skills and attention to detail

• Ability to work on own initiative and to deadlines but equally able to work as part of a team

Please CLICK HERE to download our benefits booklet

Please CLICK HERE to download the job description.

About Mazars

Mazars is all about people – we believe that each individual makes a difference to the Mazars culture. As an international firm with strong European roots, we are a melting pot of different cultures and disciplines. Diversity is one of our main strengths.

We are an international, integrated, transparent and independent organisation specialising in audit, accountancy, tax, legal, and advisory services. The Group has a presence in 77 countries and draws on the expertise of 17,000 professionals.

We all work within a culture of high support and high challenge at Mazars. We are not afraid to take on new and greater responsibilities. But we do this through encouragement – not pressure and competition.

Mazars LLP is an equal opportunities employer and all applications received by the firm will be considered by the firm on the basis of their merit alone and we welcome applications from all suitably qualified individuals regardless of background. All offers of employment will be conditional on the candidate having/securing the right to work in the UK and providing the firm with evidence of that right (as required by the Immigration, Asylum and Nationality Act 2006) prior to employment commencing