Compliance Officer

• Assuring compliance with the FSCA (Financial Service Conduct Authority) is always adhered to through close collaboration with stakeholders, key individuals, and external compliance officers
• To identify and brief key individuals and exco on all forthcoming regulation changes and impacts on the business
• Liaison with external compliance consultants
• Preparation of board packs and compliance reports every quarte
• Compliance review of all New Business and Servicing cases submitted for the group
• Submission of Fund Selection and Withdrawal cases to various providers
• Maintaining and Administering the Representative Register
• Maintaining and Administering the Competency Register (e.g. CPD and Supervision tracking)
• Fit and Proper checks for New Wealth Managers
• Ensuring all New Wealth Managers are provided with a “Starter Pack” (e.g Rep Disclosures drawn up, RMCP Emails to be sent, Submission of Masthead Applications, Drawing up of Supervision Forms)
• Ensuring all Quarterly declarations have been sent and received
• Due Diligence and review of third-party contracts including terms of business with various providers
• Ongoing compliance monitoring and onboarding checks of all advisory staff, fit and proper competency checks according to FSCA regulations
• Audit support - Provision of compliance requirements for internal and external audits
• Oversight of the compliance team responsible for all onboarding and compliance checks of all cases within the business, and review of case escalations
• Implementation and oversight of all aspects of anti-money laundering (AML) systems, including monitoring effectiveness and enhancing the controls and procedures where necessary
• Leading and executing a risk-based AML compliance program to ensure ongoing compliance with statutory and regulatory requirements
• Regular risk assessments and updates to Risk Management and Compliance Policy: such as identifying potential compliance risk and actively advising management to implement proper compliance program to address any potential regulatory problems
• Implement, regularly review, and update all policies and procedures to ensure accuracy and compliance with regulatory changes such as the Treating Clients Fairly, Risk Management Policy
• Complaints management
• Establish a culture of compliance by training all staff accordingly
• Monitor industry trends and developments and plan for potential changes
• Support company secretary on agreements and license applications/renewals where required

Requirements:

• Senior Certificate, Compliance Officer (recognized qualification)
• Certifications:   First Level Regulatory Exam for Representatives (RE5)
• First Level Regulatory Exam for Key Individuals (RE1)

Please note that if you have not heard from us within 2 weeks of your application, please consider it as unsuccessful for this particular role. Please do though continue to follow us online and apply for suitable opportunities.