Business Assurance Analyst - City Of London, United Kingdom - Tate Recruitment

Description

Job Title: Business Assurance Analyst

Location: City of London, UK (Hybrid working)

Salary: £60,000 - £67,500 per annum DOE, plus 2 discretionary annual bonuses and excellent benefits.

Our client, based in the heart of the City of London, is seeking a meticulous and knowledgeable Business Assurance Analyst. The successful candidate will play a pivotal role in ensuring that all financial and investment advice provided to clients aligns with regulatory standards and internal guidelines. This is an excellent opportunity for a detail-oriented individual with a strong background in financial planning and regulatory compliance.

Key Responsibilities of the Business Assurance Analyst:

• Review suitability reports pertaining to money purchase pensions, ISAs, General Investment Accounts, investment bonds (onshore and offshore), and trusts, ensuring adherence to Financial Conduct Authority (FCA) regulations and internal standards.
• Proactively engage with internal stakeholders to gather additional information and clarification when necessary.
• Provide comprehensive feedback to report writers and address any follow-up inquiries.
• Collaborate with the Training Program Manager to identify areas for improvement and development within the advice team.
• Initiate discussions on potential process enhancements with management and senior leadership.
• Participate in roundtable meetings with report writers to analyze review findings and propose actionable recommendations for improvement.

Qualifications needed for the role of Business Analyst:

• University graduate or equivalent combination of education and experience.
• Level 4 qualified with a Diploma in Financial Planning/Regulated Financial Planning.
• Chartered status or Level 6 qualification would be advantageous, along with AF3/G60 PTS qualification.
• Exceptional understanding of financial planning principles, particularly in pension planning.
• Proficient knowledge of the FCA's COBS requirements for suitability.
• Previous experience in reviewing files containing personal recommendations for retail clients.
• Ability to articulate complex issues effectively, both in writing and face-to-face.
• Strong interpersonal skills with a focus on delivering efficient, professional, and courteous service.