SUMMARY

• To check the suitability of advice from target acquisition firms to a high standard in line with the Regulator’s expectations.
• To check Periodic Suitability Assessments in line with MIFID II requirements.
• To assist the due diligence team in understanding the target firm’s advice and client review process.
• To highlight key risks associated with a target firm’s advice process & potentially unsuitable cohorts of business within a firm’s new business back book.

JOB REQUIREMENTS

• Minimum of 3 years financial services industry experience, preferably in a file review/technical specialist role.
• Diploma in Financial Planning (or equivalent).
• A range of qualifications in ‘specialist’ areas e.g. Long Term Care, Equity Release, Mortgages, Pension Transfers.
• Excellent attention to detail and analytical ability, with a high standard of both written & verbal communication skills.
• Highly organised with the ability to work to tight deadlines, when required.
• Working knowledge of the UK regulatory framework.
• A desire for continuous improvement and improving technical knowledge.
• Analytical thinking and problem-solving skills.
• Showing initiative, with a proactive approach to tasks.
• Confidence with IT and office software packages including Teams, Outlook, Word and Excel.
• Having an inquisitive nature.
• Flexibility / adaptability to cope with change.
• A team player with a positive attitude.

• To undertake client file reviews in line Group procedures covering a wide range of advice types including pensions, investments, mortgages, equity release, IHT planning and protection.
• Work to resolve material information gaps and reach an assessment of suitability.
• Using case file evidence to produce detailed feedback documenting the results of file checking and a target firm’s advice processes.
• Assisting the due diligence team in understanding the target firm’s advice and client review process.
• Highlighting key risks associated with a target firm’s advice process & potentially unsuitable cohorts of business within a firm’s new business back book.