Compliance Officer

Compliance Officer

Bristol

£25,000 per annum
3 month contract

Contract

We are looking for a Compliance Officer on a 3 month fixed term contract, on behalf of our client who are based in Bristol. For this role we are looking for someone with Diploma FS qualified or at advanced stages of the qualification. The responsibilities of the role will include:

To support the Compliance Manager to inform and advise the Business and to monitor its systems and procedures in line with FSA regulations.

To ensure that effective T and C schemes are in place across the business.

To review and be aware of changes to FSA regulation that will impact on the Business and assist in developing policies and procedures to ensure adherence to compliance.

Key Responsibilities

To manage and ensure that effective T and C schemes are in place across the business and monitor compliance with these standards.

To be instrumental in communicating the requirements of the schemes to all areas of the business.

To ensure these schemes are reviewed periodically and the requirements of the schemes are met.

To assist in the delivery of the agreed approach for educating, briefing and training staff on regulatory requirements to ensure they understand and discharge their responsibilities appropriately.

To review current FSA regulation and be aware of future developments.

To assist with the firms compliance monitoring programme.

To assist in the management of the Society investigation process of complaints and tracking, and highlighting key issues to prevent further complaints.

To assist with maintaining AML processes.

To prepare internal reports and regulatory returns.

To undertake and manage compliance projects as required.

To undertake new business quality checking as required.

To maintain knowledge on investment, non-investment and mortgage product knowledge in order to take an active role in literature, promotional, sales and product development.

To comply with FSA rules, the Data Protection Act, Health & Safety legislation and the Society’s IT policy.

Knowledge Required

Expert knowledge of regulatory framework, particularly TCF and Conduct of Business Rules

Maintain excellent up to date knowledge of the FSA Handbooks e.g. COBS, ML. T&C, SYSC, APER, ICOB and MCOB

High degree of knowledge of products processes and services expected of advice and non advice sales teams.

In depth knowledge of RDR and distribution impact desirable

Good working knowledge of investments, pensions, mortgages and protection products

Simply Office Jobs

Compliance Officer