Compliance Monitoring Officer

Compliance Monitoring Officer (Manchester)

Job profile

Job Title:

Compliance Monitoring Officer

Department:
Compliance
Benefits:
Competitive (based on experience)

Purpose

The role of the Compliance Monitoring Officer is to provide a file review service to the clients of three sixty. The file reviews will mainly be for medium to large financial services businesses. The Compliance Monitoring Officer will be responsible for providing feedback to clients with reference to files reviewed and compliance issues raised, along with developing and maintaining a professional relationship with three sixty clients.

Flexible working is available, however, the candidate must be able to travel to the three sixty office as and when required.

Job requirements

• To assess client files for suitability in line with FCA requirements and the three sixty client firm’s business standards
• To answer compliance queries raised by three sixty clients or source a response from another area of three sixty
• Undertake project work in relation to thematic reviews and other compliance issues as required
• To maintain up to date and accurate knowledge in all regulatory and legislative areas required for file reviews
• Provide a prompt and professional level of service consistent with the level of service offered by the rest of the business

Key outputs

• Deliver a client file review service in line with Service Level Agreements
• Respond to client queries in a timely, clear and concise manner, setting customer expectations in respect of timescales anticipated, and recording information in line with business standards
• Provide oral feedback to clients in respect of client file reviews as required
• To report to the Head of Compliance Monitoring any specific issues or concerns regarding three sixty client firms which might realistically affect their ability to trade, or affect their, or three sixty’s, ability to fulfil its commercial and contractual obligations to one another
• Maintain a CPD record in line with FCA requirements for regulated individuals
• Generate reports and summaries of thematic reviews/file assessments as requested by the Head of Compliance Monitoring
• Maintain three sixty’s professionalism and ensuring that advice is not in conflict with other parts of the business, not exposing three sixty to commercial or reputational risk

Reporting line

You will report to the Head of Compliance Monitoring

Skills – Technical

• Minimum of QCF Level 4 Diploma qualification with a desire to continue to study through to level 6
• Experience in a compliance/technical area of a support service, network or IFA business.
• Detailed knowledge of regulatory framework required to carry out client file review
• Experience of providing feedback to IFAs in relation to client file quality or T&C issues

Skills - Soft

• Good communication skills verbal and written formats – for internal and external clients
• Attention to detail is a must

What we offer

• A friendly, supportive and accommodating working environment
• 25 days holiday per year increasing by 1 day per year of service (max.
  29 days)
• Enhanced Maternity & Paternity Pay
• Up to 5% matched employer pension contribution.
• Income Protection
• Critical Illness cover
• Death in Service benefit (4 times annual salary)