The Senior Compliance Advisory Manager is responsible for ensuring that the Wealthtime Group complies with all relevant laws, regulations, and internal policies. They will provide guidance and support to the business units to ensure compliance with applicable rules and regulations, as well as identify and mitigate compliance risks. The Senior Compliance Advisory Manager will also be responsible for developing and implementing compliance training programs and monitoring the effectiveness of these programs.
The role holder will support the Head of Compliance maintain a sound and robust compliance framework appropriate to the Wealthtime Group.
Key responsibilities:
Develop and maintain a comprehensive understanding of all relevant laws, regulations, and internal policies that apply to the Wealthtime Group. Maintain Regulatory development log and provide business impact assessments and regulatory updates in a timely manner. Provide guidance and support to business units on compliance matters, including reviewing and approving new products, services, marketing materials and remuneration. Conduct compliance themed advisory reviews based on risk assessments and develop strategies to mitigate identified risks. Develop and implement compliance training programs to educate employees on relevant laws, regulations, and internal policies. Monitor and assess the effectiveness of compliance training programs and make recommendations for improvements. Collaborate with internal stakeholders, such as legal, risk management, and internal audit, to ensure a coordinated approach to compliance. Investigate and respond to compliance-related complaints and inquiries from regulators, clients, and employees. Support the SMCR Regime by closely working with HR and submit FCA Connect forms and Directory Persons as required. Support the ongoing regulatory and change programs by acting as the FCA compliance expert. Prepare and submit regulatory reports and filings as required. Keep management informed of significant compliance issues and developments. Assist in the analysis and production of Compliance Governance reporting. Assist in the identification and assessment of emerging risk including those arising from changes to regulatory obligations. Participate in industry forums and stay informed about emerging compliance trends and best practices. Create and comment on compliance MI that feeds into the Compliance Officer’s Board Reports. Management of any Compliance support staff. You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management. Specialist Skills, Qualifications and Experience:
Robust experience in financial services in a 2nd line back-office compliance role. Relevant business qualification e.g. Certified Regulatory Compliance Manager. Working knowledge of and experience in using the FCA Handbook. Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks. Strong communication and interpersonal skills, with the ability to effectively communicate complex compliance issues to non-compliance professionals. Ability to work independently and collaboratively in a fast-paced, deadline-driven environment. Strong attention to detail and organizational skills. Ability to draft Compliance Oversight reports and other management reports to support the Compliance Oversight Officer. Ability to create and deliver specific compliance training on a face-to-face basis for employees to enable compliance to be embedded in the business. Ability to maintain the FCA Reg Data and FCA Connect requirements for the firm's reporting, notifications and SMCR requirements. Ability to analyze the FCA returns from across the business to ensure they are comparative with previous returns. Self-motivator. Strong IT skills (Particularly Excel and other MS Office applications). Desirable:
Similar role held in a Wrap Platform business. Key stakeholders:
Senior management and board members Trustees Operations team Sales team Regulatory authorities Third Party compliance contacts External auditors
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Develop and maintain a comprehensive understanding of all relevant laws, regulations, and internal policies that apply to the Wealthtime Group. Maintain Regulatory development log and provide business impact assessments and regulatory updates in a timely manner. Provide guidance and support to business units on compliance matters, including reviewing and approving new products, services, marketing materials and remuneration. Conduct compliance themed advisory reviews based on risk assessments and develop strategies to mitigate identified risks. Develop and implement compliance training programs to educate employees on relevant laws, regulations, and internal policies. Monitor and assess the effectiveness of compliance training programs and make recommendations for improvements. Collaborate with internal stakeholders, such as legal, risk management, and internal audit, to ensure a coordinated approach to compliance. Investigate and respond to compliance-related complaints and inquiries from regulators, clients, and employees. Support the SMCR Regime by closely working with HR and submit FCA Connect forms and Directory Persons as required. Support the ongoing regulatory and change programs by acting as the FCA compliance expert. Prepare and submit regulatory reports and filings as required. Keep management informed of significant compliance issues and developments. Assist in the analysis and production of Compliance Governance reporting. Assist in the identification and assessment of emerging risk including those arising from changes to regulatory obligations. Participate in industry forums and stay informed about emerging compliance trends and best practices. Create and comment on compliance MI that feeds into the Compliance Officer’s Board Reports. Management of any Compliance support staff. You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management. Specialist Skills, Qualifications and Experience:
Robust experience in financial services in a 2nd line back-office compliance role. Relevant business qualification e.g. Certified Regulatory Compliance Manager. Working knowledge of and experience in using the FCA Handbook. Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks. Strong communication and interpersonal skills, with the ability to effectively communicate complex compliance issues to non-compliance professionals. Ability to work independently and collaboratively in a fast-paced, deadline-driven environment. Strong attention to detail and organizational skills. Ability to draft Compliance Oversight reports and other management reports to support the Compliance Oversight Officer. Ability to create and deliver specific compliance training on a face-to-face basis for employees to enable compliance to be embedded in the business. Ability to maintain the FCA Reg Data and FCA Connect requirements for the firm's reporting, notifications and SMCR requirements. Ability to analyze the FCA returns from across the business to ensure they are comparative with previous returns. Self-motivator. Strong IT skills (Particularly Excel and other MS Office applications). Desirable:
Similar role held in a Wrap Platform business. Key stakeholders:
Senior management and board members Trustees Operations team Sales team Regulatory authorities Third Party compliance contacts External auditors
#J-18808-Ljbffr
