Senior Compliance Officer - Birmingham, United Kingdom - MERJE Ltd

MERJE Ltd

Verified Company

Birmingham, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

£55,000 + Benefits
Our client is a well-respected Wealth Management business who offer a broad range of products to their customer.

An excellent opportunity has arisen to join the business in the role of Senior Compliance Officer to assistthe Head of Compliance in managing the Compliance function.

The role will involve:

Checking a sample of files for new business transacted by advisers, to ensure advice is suitable and documented in accordance with regulatory requirements. Feedback to advisers on the outcome and any remedial actions required. Follow up to ensure remedialactions are completed in a timely manner.
Compile and collate Key Performance Indicator (KPI) data and management information required to monitor adviser performance and ongoing competency.
Conduct periodic 121s with advisers to feedback on performance, highlight strengths and development areas, record results and provide coaching and training as appropriate.
Present on compliance matters to advisers and staff at Team Meetings, or as and when required.
To compile MI reports on any areas outside compliance (e.g. late suitability reports, expired financial promotions etc). so that these are bought back under compliance.
Produce formal sixmonthly compliance and AML reports for the firm's senior management.
Produce six monthly TCF reports for the firm's senior management (and all supplementary forms/documentation accompanying these)
Complaint handling i.e. initial logging of any complaints received, PI Insurer notification, investigating the complaint and communicating the outcome to the complainant.
Maintain accurate, detailed and up to date records across all the above areas.
Deputise for Head of Compliance during holidays, absences etc.

Key Requirements:

Previous compliance knowledge or experience working within the Wealth Management space.
Ideally Level 4 diploma qualified, or if not, working towards this.