Compliance Manager

Recruiter
IDEX Consulting Ltd
Location
Sutton Coldfield
Salary
£50,000 per annum
Posted
04 Jan 2019
Closes
08 Feb 2019
Contract Type
Full Time

My client a highly successful chattered IFA firm based in Sutton Coldfield, currently looking to recruit a Compliance Manager due to retirement.

General Responsibilities:

  • Ensure that the firm maintains accurate, detailed and up to date compliance records across all areas of the firm's business
  • Ensure the firm can respond to requests for information from the FCA and provide the requisite notifications to the FCA
  • Ensure appropriate ethical standards exist within the firm
  • Ensure knowledge of the necessary regulatory requirements is kept up to date
  • Ensure the firm continues to meet its threshold conditions (COND)
  • Report to the firm's senior management team on a regular basis on all relevant compliance issues
  • Produce a formal annual monthly compliance report for the firm's senior management
  • Produce six monthly TCF reports for the firm's senior management
  • Manage relationship with the FCA to ensure requirements of Principle 11 are continually met
  • Comply with the financial services and Markets Act 2000, the FCA statements of principle and code of practice and the relevant FCA rules at all times
  • Comply with the relevant compliance, TCF, T&C and financial crime procedures of the firm at all times

Specific Responsibilities:

  • Responsible for the following tasks:
    • Recruitment (references)
    • T&C
    • File checking
    • TCF
    • Advice and sales practices
    • Quarterly 1-2-1's with Advisers
    • Financial crime (anti-money laundering, data security, anti-bribery, fraud and corruption)
    • Financial promotions
    • Complaints
    • Appointed Representatives (if applicable)
    • Notifications
    • Compliance
    • Risk assessment
    • Management information
    • Record keeping
    • Business continuity and disaster recovery

Relevant Skills and Knowledge:

  • Broad base of compliance knowledge
  • Specific understanding/knowledge of the FCA conduct of business and /SYSC rules
  • Good understanding of other relevant legislation, including that related to financial crime
  • The ability to create a good working relationship and liaise with all working Partners and authorities such as Threesixty, PI Insurer's, FCA, FOS etc.
  • Knowledge of Gabril reporting
  • The ability to communicate and work with all levels of the business

Please visit the IDEX Consulting Ltd website for further opportunities. If your application is successful, we aim to contact you to discuss the opportunity in more detail within 2 working days. Due to the overwhelming application response we receive through various sources, should you not hear from us within one week then please assume your application has been unsuccessful. If your application is unsuccessful, the information supplied may still be retained for up to 3 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.