Fram are working with an independent Wealth Management firm based in Southwest Devon. Due to continued growth, they are looking for a Compliance Support Officer, to work with the Wealth Management Director who hold the SMF16/17 responsibilities to ensure regulatory excellence. You'll develop, implement, and oversee compliance policies and procedures, manage risk assessments, policy reviews, and process improvements to keep our firm aligned with FCA regulations. An opportunity to play a critical role in maintaining our high compliance standards, work collaboratively with senior management, and contribute to a culture of accountability and excellence in wealth management compliance. You will also deal with file reviews maintaining T&C scheme and process improvements.
Key Responsibilities cover :
1. Regulatory Compliance & Consumer Duty: Review and improve policies, serve as “Consumer Duty Champion,” and advocate for consumer-focused decisions, particularly around price, value, and customer support.
2. Compliance Monitoring & Reporting: Oversee the Compliance Monitoring Plan, submit regulatory reports, and ensure our operations are transparent and compliant.
3. Conduct Risk & Conflict Management: Identify and manage conduct risks, conflicts of interest, and maintain the Gifts and Entertainment register.
4. Training & Regulatory Chan...