As a file reviewer you be responsible for reviewing client files to assess the suitability and quality of financial advice, ensuring compliance with regulatory requirements and internal standards. Through constructive feedback and quality assurance, you will support continuous improvement and help deliver consistently high standards of client outcomes
Key responsibilities
- Driving 1st line quality assurance across Wealth Planning service advice delivery. Primarily includes, undertaking of 1st line file reviews as defined in the Wealth Planning operational risk framework, Trust Registration Service checks Assess files against the firms advice standards, internal procedures and regulatory requirements, ensure documentation is complete, and accurately recorded on internal systems.
- Where required, thematic reviews of suitability, maintain a record of review outcomes, escalate material issues, trends or risks to the Director of Business Quality Assurance
- Designing a risk based approach to file selection across types of advice and planner experience and expertise, and internal licence requirements.
- Record review outcomes , risk ratings, and remediation actions, track responses and completion times, and maintain robust audit trails and management information to support oversight of advice quality.Contribute to periodic reporting on advice standards and quality.
- Assist in maintaining and updating file review checklist, suitability standards and internal giuidance
- Responsible for maintaining and updating the Financial Planning Guide to Suitability
Regulatory responsibilities | Compliance/T&C
- Ability to demonstrate an understanding of the regulatory framework relevant to the role, whilst practising effective risk management taking account of outcomes for clients.
- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business. Follow principles and rules of the Financial Conduct Authority (FCA) and the internal requirements set out in the Compliance Manual, local and Group Compliance and Risk policies.
About you | Qualifications, skills and strengths
- The roleholder must hold a minimum Level 4 Diploma in Regulated Financial Planning or equivalent qualification.
- The roleholder is expected to maintain Continuing Professional Development (CPD) and remain competent in relevant regulatory and technical standards
- Strong understanding of the UK retail investment advice process
- Good knowledge of regulatory expectations relating to suitability of advice
- Ability to interpret and apply internal advice standards, compliance policies and quality assurance frameworks
- Ability to identify inconsistencies, risks or gaps in the advice process
- Ability to provide construcutive feedback to explain key points identified in a clear practical manner
- Confidence to escalate concerns where advice may not meet regulatory or internal standards
At TrinityBridge we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
We appreciate that from time to time, recruitment agencies will have speculative CVs that they may wish to submit to our Talent Acquisition team in relation to a specific role.
To avoid any ambiguity around fees, please note that speculative CVs received by TrinityBridge, that have not been authorised in advance, by us, will be ineligible for an agency fee. Thank you. #LI-EM1 #LI-SY1 #LI-JJ1
