Compliance Supervisor - Reed : Job Details

Reed Specialist Recruitment are proud to be representing one of the UK's leading financial advice networks, who are looking for a new Compliance Supervisor to join their Head Office, based in Horsham.

The successful candidate will assist with creating a positive compliance culture across the network, helping firms deliver robust best practices and also mitigate risk.

Your main duties and responsibilities would be -

• To promote and always work towards In Partnership’s policy of delivery of Client Best Interest outcomes.
• To take responsibility for own performance and to identify personal development areas.
• Ensure awareness and compliance of regulatory responsibilities and ensuring that the consumer outcomes are at the core of our focus in all work we do.
• To provide support to the Compliance Manager by conducting Audits of the activities of individuals and firms where there is evidence of the Firm or Individual being of a risk to the Company.
• To conduct Induction, Monitoring, Investigation, Remedial and Exit Visits on Firms using pre-prepared checksheets and any special instructions or directions agreed by the Compliance Manager according to individual circumstances, and accurately recorded outcomes on the in-house systems. These visits may be on site around the UK or conducted remotely from the Horsham office.
• To review client files to confirm suitability and good consumer outcomes and adherence to regulatory and Company requirements and identify and require remedial action from members firms where necessary.
• To identify any Breaches or Misconduct by firms and individual and report any training/compliance failures to the Compliance Manager.
• To provide feedback and prepare action plans for firms and individuals following any audit and to complete a risk evaluation of everyone within the firm and an overall risk assessment of the firm based upon the findings of any audit.
• To provide guidance to firms and individuals in setting up and maintaining good business and compliance practices and procedures, to include review and approval of financial promotions and the provision of technical support.
• To provide feedback within The Company and to take remedial action to ensure that satisfactory relationships are maintained between the Company and the individual or firm.
• To handle complaints in a fair and non-biased manner, in accordance with regulatory requirements and in-house procedures, and to document these effectively to support the continued improvement of consumer outcomes for The Company

Necessary Skills/Qualifications

• Working knowledge of the FCA Rules.
• Awareness of the rules and regulations of other relevant bodies (e.g. JMLSG, FATF, ICO).
• Working knowledge of the On-Line Partnership Group Compliance Manual (training given).
• Progression towards Level 4 Diploma in Financial Planning.
• CII Financial Services Regulation and Ethics (R01) (desirable). Essential within 12 months of appointment
• Demonstrate sound analytical skills with high attention to detail.
• Demonstrate sound IT Skills, specifically Word Processing, Spreadsheets and Email.
• Demonstrate good report writing skills, including the use of plain English.
• Working knowledge of the financial services industry, products and risks.
• Working knowledge of a Compliant Sales Process and Disclosure requirements.
• QCA Level 4, 6 or 6+ qualification.

If you're interested in applying for this role, please follow the link or email me directly at