FInancial Planning Compliance Manager

at  Alpha Wealth Ltd

Compliance Manager, reporting to Firm Principle
The candidate will be responsible for the day-to-day management of the firm’s compliance program, ensuring all T&C along with the Consumer Duty requirements are met.
Working in tandem with our Compliance Partner, threesixty services, this role involves reviewing and evaluating compliance processes within the business to ensure that the firm, its representatives, and associated businesses comply with all relevant regulations, including those set by the Financial Conduct Authority (FCA).

Key Responsibilities:

• Oversee Compliance and Ethics: Ensure that the firm complies with FCA regulations and legislation related to the prevention of money laundering, financial crime, and fraud.
• Policy Development: Develop, initiate, maintain, and revise policies and procedures for the general operation of the compliance program.
• Monitoring and Reporting: Monitor and report the results of compliance and ethics efforts to the Partners and provide guidance on all compliance matters.
• Investigations: Respond to alleged complaints, breaches of rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending investigatory procedures.
• Training and Education: Educate employees and partners through documentation and brochures on how to improve compliance.
• Auditing: Examine and improve auditing processes to resolve compliance issues quickly or prevent them entirely.
• Collaboration: Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Risk Management: Identify trends and potential areas of compliance vulnerability and risk, and develop/implement corrective action plans for resolution.

Skills and Qualifications:

• Experience: Previous experience in a compliance role within the financial services industry - at least 3 years.
• Knowledge: In-depth knowledge of FCA regulations and compliance requirements.
• Skills: Strong analytical, communication, and problem-solving skills.
• Attributes: High ethical standards, attention to detail, and the ability to work independently.

Salary Expectations:
Given this will start as a temporary/part-time role and based on an agreed number of hours per week, we will be offering a pro-rata banding of £68,250pa.
Job Types: Part-time, Temp to perm, Freelance
Contract length: 12 months
Pay: £250.00-£350.00 per week
Expected hours: 6 – 10 per week

Benefits:

• Flexitime
• Profit sharing
• Work from home

Application question(s):

• Familiar with up to date regulatory requirements, in particular with the Consumer Duty
• At least 3 years experience of supporting an Independent Financial Advisory firm

Experience:

• financial planning compliance / T&C: 5 years (required)

Work Location: Hybrid remote in Edinburgh EH3 6A

• Oversee Compliance and Ethics: Ensure that the firm complies with FCA regulations and legislation related to the prevention of money laundering, financial crime, and fraud.
• Policy Development: Develop, initiate, maintain, and revise policies and procedures for the general operation of the compliance program.
• Monitoring and Reporting: Monitor and report the results of compliance and ethics efforts to the Partners and provide guidance on all compliance matters.
• Investigations: Respond to alleged complaints, breaches of rules, regulations, policies, procedures, and Standards of Conduct by evaluating or recommending investigatory procedures.
• Training and Education: Educate employees and partners through documentation and brochures on how to improve compliance.
• Auditing: Examine and improve auditing processes to resolve compliance issues quickly or prevent them entirely.
• Collaboration: Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Risk Management: Identify trends and potential areas of compliance vulnerability and risk, and develop/implement corrective action plans for resolution