MERJE is currently working exclusively with a well known financial planning and wealth management business in their search for a Interim Head of Compliance & Risk.
The role holder will hold the SMF16 & 17 for the business.
* Manage the Compliance team and co-ordinate regular management information
* Ensure full compliance with the FCA’s Consumer Duty by embedding consumer-focused governance across all levels
* Keep up to date with developments that may affect the compliance and risk of the group
* Advise senior management in a timely manner of FCA related and other regulatory issues and any changes to the FCA rules.
* Produce an annual compliance report for senior management.
* Ensure the business has adopted a risk-based approach to compliance monitoring.
* Review the activities of the firm on an on-going basis to ensure they are undertaken adequately and meet all relevant requirements.
* Ensure that any financial promotions are approved in accordance with FCA rules.
Key Requirements:
* Operated as an SM16 within a wealth or financial planning environment
* Strong team leadership skills
* Excellent understanding of regulatory requirements, industry best practices and emerging risks – relevant to the wealth management sector
* Good knowledge of policies, controls and monitoring required to enable positive consumer outcomes
* Effective communication skills to advise stakeholders across all levels
* Proactive, self-supportive, and motivated in fostering a positive compliance culture