Compliance Consultant

Compliance Consultant

Red Recruitment is looking to recruit experienced compliance consultant with previous pensions and investments experience and a good awareness of the UK regulatory environment.

The salary is up to 52000 per annum and the successful candidate must have previous compliance experience.

• Salary: Competitive
• Hours: Full-time
• Contract Type: Permanent
• Location: Liverpool
• Generous Holiday Allowance

• Complete scheduled monitoring reviews in a timely manner.
• Identify and investigate issues and/or trends which may adversely affect the businesses' ability to comply with applicable legislation and/or regulations.
• Produce compliance monitoring review reports for Senior Management.
• Follow-up activities to ensure effective remediation of issues identified from the monitoring reviews and take responsibility for the delivery of agreed corrective actions and resolution of issues where appropriate.
• Maintain a close working relationship with other departments, particularly the Advised
• Sales Force, Guidance team, Legal, Investment Operations, Pensions Administration,
• Operations Control and HR teams.
• Manage the internal Complaints and Breaches mailbox ensuring all notifications are logged accordingly and escalated and dealt with in a timely manner.
• Log and track all firm breaches, ensuring that each breach is documented accurately, escalated, and investigated in line with company procedures.
• Perform thorough investigations into breaches, identifying the causes and potential impact on the business.
• Work closely with relevant teams to implement corrective actions and prevent similar breaches from occurring in the future.
• Ensure appropriate compensation is calculated and applied where the issue has caused a monetary loss to an individual.
• Assist the Compliance Manager in creating a supportive culture based on continuous improvement & implementing Compliance throughout the business.
• Ensure all regulatory requirements are adhered to in the course of carrying out daily activities.
• Investigate and finalise complaints appropriately and in accordance with FCA DISP regulations.
• Conduct effective root cause analysis and identify root cause corrective action.
• Identify trends, look at root cause of issues and ensure recommendations in place to improve business processes.
• Make recommendations to improve processes to the business and ensure implementation.
• Co-ordinate FCA Reporting, including: liaising with the business to provide information on what is required for FCA reporting and timely reminders to ensure all filing is completed within regulator time frames.
• Collate all relevant compliance regulatory information and upload to My FCA in preparation for the Compliance Manager's assessment.
• Maintain the internal Certificated Function register accurately to ensure governance, oversight, and MI reporting.
• Ensure all certificated regime employees have a valid Statement of Professional Standing (SPS).
• Produce regulated references as required.
• Produce MI for the monthly compliance board report.
• Keep up to date on changing industry legislation that impacts the business.
• Complete Ad-hoc project work as required to meet business needs.
• Be passionate about and demonstrate behaviours in line with the Company's ethos, vision and key principles.

• Experience in the Financial Service industry ideally with a pension and/or investment focus
• Ability to understand and navigate the FCA handbook
• Excellent communication skills at all levels, both verbal and written, including the ability to be discreet and confidential
• Proficient in the use of MS Office and Intelligent Office
• Able to work to deadlines with proven time management skills
• Strong organisational and problem-solving skills, and ability to adopt a logical approach
• Thorough approach to work, with excellent attention to detail
• Approachable and self-motivated
• Embraces change with a positive and flexible attitude
• Ability to articulate solutions both internally and externally