Compliance Consultant
Red Recruitment is looking to recruit experienced compliance consultant with previous pensions and investments experience and a good awareness of the UK regulatory environment.
The salary is up to £52000 per annum and the successful candidate must have previous compliance experience.
Benefits and Package for a Compliance Consultant:
Salary: Competitive
Hours: Full-time
Contract Type: Permanent
Location: Liverpool
Generous Holiday AllowanceKey Responsibilities of a Compliance Consultant:
Complete scheduled monitoring reviews in a timely manner.
Identify and investigate issues and/or trends which may adversely affect the businesses' ability to comply with applicable legislation and/or regulations.
Produce compliance monitoring review reports for Senior Management.
Follow-up activities to ensure effective remediation of issues identified from the monitoring reviews and take responsibility for the delivery of agreed corrective actions and resolution of issues where appropriate.
Maintain a close working relationship with other departments, particularly the Advised
Sales Force, Guidance team, Legal, Investment Operations, Pensions Administration,
Operations Control and HR teams.
Manage the internal Complaints and Breaches mailbox ensuring all notifications are logged accordingly and escalated and dealt with in a timely manner.
Log and track all firm breaches, ensuring that each breach is documented accurately, escalated, and investigated in line with company procedures.
Perform thorough investigations into breaches, identifying the causes and potential impact on the business.
Work closely with relevant teams to implement corrective actions and prevent similar breaches from occurring in the future.
Ensure appropriate compensation is calculated and applied where the issue has caused a monetary loss to an individual
Assist the Compliance Manager in creating a supportive culture based on continuous improvement & implementing Compliance throughout the business.
Ensure all regulatory requirements are adhered to in the course of carrying out daily activities.
Investigate and finalise complaints appropriately and in accordance with FCA DISP regulations.
Conduct effective root cause analysis and identify root cause corrective action
Identify trends, look at root cause of issues and ensure recommendations in place to improve business processes.
Make recommendations to improve processes to the business and ensure implementation.
Co-ordinate FCA Reporting, including: liaising with the business to provide information on what is required for FCA reporting and timely reminders to ensure all filing is completed within regulator timeframes.
Collate all relevant compliance regulatory information and upload to My FCA in preparation for the Compliance Manager's assessment.
Maintain the internal Certificated Function register accurately to ensure governance, oversight, and MI reporting.
Ensure all certificated regime employees have a valid Statement of Professional Standing (SPS).
Produce regulated references as required.
Produce MI for the monthly compliance board report.
Keep up to date on changing industry legislation that impacts the business.
Complete Ad-hoc project work as required to meet business needs.
Be passionate about and demonstrate behaviours in line with the Company's ethos, vision and key principles.Key Skills and Experience of a Compliance Consultant:
Experience in the Financial Service industry ideally with a pension and/or investment focus
Ability to understand and navigate the FCA handbook
Excellent communication skills at all levels, both verbal and written, including the ability to be discreet and confidential
Proficient in the use of MS Office and Intelligent Office
Able to work to deadlines with proven time management skills
Strong organisational and problem-solving skills, and ability to adopt a logical approach
Thorough approach to work, with excellent attention to detail
Approachable and self-motivated
Embraces change with a positive and flexible attitude
Ability to articulate solutions both internally and externallyIf you are interested in this position as a Compliance Consultant and have the relevant experience required, please apply now!
Red Recruitment (Agency)