Compliance Consultant

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 Allowance

Key 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 externally

If you are interested in this position as a Compliance Consultant and have the relevant experience required, please apply now!

Red Recruitment (Agency)

This listing is from reed. View original listing ↗