Job Description
Compliance Officer - Wealth Management
Hertfordshire
Hybrid
Circa £50k-£60k
Purpose of the Role
Support the individuals holding senior compliance functions (equivalent to SMF16 and SMF17) at an established wealth management and asset management firm. Ensure the business adheres to the standards set by the Financial Conduct Authority (FCA) by maintaining and overseeing compliance frameworks and procedures. Additionally, manage staff training and competency requirements to support their development and adherence to regulatory expectations.
Key Responsibilities
Regulatory Compliance
1. Adhere to the Financial Services and Markets Act 2000, FCA Conduct Rules, and related guidance.
2. Maintain open and transparent communication with the regulator, providing disclosures as required.
3. Promote and uphold ethical standards throughout the organization.
4. Stay informed about changes in regulatory, technical, legislative, and product-related updates.
5. Implement robust systems and controls for all business operations, ensuring regular reviews.
6. Maintain comprehensive compliance documentation for all operational areas.
7. Provide monthly compliance reports to senior management, highlighting key issues and risks.
8. Cond...