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:
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Salary: Competitive
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Hours: Full-time
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Contract Type: Permanent
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Location: Liverpool
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Generous Holiday Allowance
Key Responsibilities of a Compliance Consultant:
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Complete scheduled monitoring reviews in a timely manner.
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Identify and investigate issues and/or trends which may adversely affect the businesses' ability to comply with applicable legislation and/or regulations.
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Produce compliance monitoring review reports for Senior Management.
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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.
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Maintain a close working relationship with other departments, particularly the Advised
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Sales Force, Guidance team, Legal, Investment Operations, Pensions Administration,
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Operations Control and HR teams.
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Manage the internal Complaints and Breaches mailbox ensuring all notifications are logged accordingly and escalated and dealt with in a timely manner.
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Log and track all firm breaches, ensuring that each breach is documented accurately, escalated, and investigated in line with company procedures.
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Perform thorough investigations into breaches, identifying the causes and potential impact on the business.
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Work closely with relevant teams to implement corrective actions and prevent similar breaches from occurring in the future.
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Ensure appropriate compensation is calculated and applied where the issue has caused a monetary loss to an individual
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Assist the Compliance Manager in creating a supportive culture based on continuous improvement & implementing Compliance throughout the business.
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Ensure all regulatory requirements are adhered to in the course of carrying out daily activities.
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Investigate and finalise complaints appropriately and in accordance with FCA DISP regulations.
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Conduct effective root cause analysis and identify root cause corrective action
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Identify trends, look at root cause of issues and ensure recommendations in place to improve business processes.
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Make recommendations to improve processes to the business and ensure implementation.
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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.
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Collate all relevant compliance regulatory information and upload to My FCA in preparation for the Compliance Manager's assessment.
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Maintain the internal Certificated Function register accurately to ensure governance, oversight, and MI reporting.
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Ensure all certificated regime employees have a valid Statement of Professional Standing (SPS).
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Produce regulated references as required.
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Produce MI for the monthly compliance board report.
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Keep up to date on changing industry legislation that impacts the business.
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Complete Ad-hoc project work as required to meet business needs.
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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:
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Experience in the Financial Service industry ideally with a pension and/or investment focus
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Ability to understand and navigate the FCA handbook
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Excellent communication skills at all levels, both verbal and written, including the ability to be discreet and confidential
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Proficient in the use of MS Office and Intelligent Office
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Able to work to deadlines with proven time management skills
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Strong organisational and problem-solving skills, and ability to adopt a logical approach
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Thorough approach to work, with excellent attention to detail
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Approachable and self-motivated
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Embraces change with a positive and flexible attitude
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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)
