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Clark James Ltd
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Horsham, West Sussex
Compliance Monitoring Officer
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Job Type: Full-time |
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Salary: £35,000.00 - £40,000.00 Year |
Overview
Clark James are delighted to be working with a highly reputable business in Horsham, who are seeking a Compliance Monitoring Officer. Our client are highly reputable and power bespoke wealth management and technology solutions for discretionary fund managers, national financial advisers and networks. The Company Our client draws on more than 20 years of UK market experience and in 2011 partnered with SEI as the custodian of client assets. Our Clients’ customers represent some of the best, most innovative and award-winning financial services groups in the UK and due to their combined volume and automated technology they can negotiate exceptional terms with third party investment and pension wrappers. The Role Working as Compliance Monitoring Officer, you will be part of the second line compliance function, responsible for undertaking regular monitoring of the firm’s systems/controls, and, in doing so, providing assurance, advice and guidance to the wider business to support compliance with the firm’s regulatory obligations. Key Responsibilities • Undertake regulatory monitoring, focusing primarily on FCA regulations, internal standards, and measurement of fair outcomes for customers. • Work alongside the Compliance Manager in the development and tracking of the Compliance Monitoring Plan. • Develop Terms of Reference/Scope documents for reviews assigned, undertaking fact finding to identify key risks and controls for inclusion. • Deliver regular, timely, relevant and concise written reports summarising the findings, including recommendations for addressing any weaknesses identified. • Provide verbal feedback when required to operational areas, including to senior management, in respect of review findings. • Ensure completeness of evidence gathered and record keeping associated from testing, on which findings and conclusions are clearly based. • Track and report on the progress of remedial actions and where appropriate, guide management in implementing necessary improvements. • Generate regular MI reports and summaries of reviews/findings for senior management analysis. • Act as the "Lead Monitoring Officer", managing reviews and coordinating the activities of other Compliance team members in relation to that work. • Maintain up to date CPD records demonstrating that skills and knowledge required to do the job are being maintained and enhanced. • Assist Compliance team members and to cover in time of need, as required and directed by Compliance Manager. • Undertake any other wider work including (but not limited to) ad-hoc projects, as required and directed by the Compliance Manager. The successful candidate will be/have: • Experience within Compliance Monitoring or Audit including knowledge of Compliance monitoring tools and techniques, including interviewing skills. • Good knowledge of retail investments, savings and pensions. • Excellent knowledge of relevant FCA rules and their interpretation/application. • Strong interpersonal and communication skills, with the ability to build rapport and forge strong working relationships with key business stakeholders. • Effective planning and analytical skills. • Competent with Microsoft Office programs. • The desire to maintain competency in line with legislation and technical changes within the industry. • An understanding of the Platform or Investment Industry and the regulations that impact upon it would be a clear advantage. • CISI IOC level 3 qualified (or equivalent) or close to completion. Liability and Disclaimer The information contained in our advert including any salary or on target earnings information is given in good faith and Clark James Ltd uses all reasonable efforts to ensure that it is accurate. However, Clark James Ltd gives no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded. No liability is accepted by Clark James Ltd for any loss or damage which may arise out of any person relying on or using any information within this advert. Please note All applications received will be dealt with in the strictest confidence Due to the volume of applications received we will be in touch if your application has been successful within 7 working days. If you have not received any communication within this time, please assume you have been unsuccessful on this occasion, but the information may be retained in connection with future opportunities.