Kind Consultancy is working with a growing Wealth Management firm which is currently seeking a Compliance Associate to join them in a permanent role based in their West Midlands office, paying £30,000 - £40,000 dependent on experience.

The Compliance Associate ensure the business is compliant with internal and external policies and regulations, working closely with the Head of Compliance and supporting them in key responsibilities such as:

• Managing regulatory risk
• Establishing and maintaining positive communication with the FCA and any other appropriate authorities and to ensure that any regulatory reports or enquiries are handled appropriately and promptly.
• Designing and implementing suitable compliance arrangements in accordance with FCA regulations
• Overseeing the review and development of existing products and services.
• Engaging with business departments, utilising pragmatic collaboration to find compliant solutions to business problems.
• Overseeing regular audit activity to ensure compliance with FCA regulations
• Ensuring findings from client file reviews are recorded as part of the business’s management information and are communicated to senior management where necessary
• Maintaining awareness of regulatory developments and updating CPD records to evidence this.
• Collating any regulatory issues or changes for the Head of Compliance to report to the board
• Providing help and assistance to the Head of Compliance, enabling advice and guidance on all aspects of compliance including file reviews, TCF gap analysis and implementation, financial promotion approval, recruitment guidance and implementation of the Training & Competence scheme.
• Making appropriate notifications and completing reports as required by the FCA, and submitting any other information relating to the firm required by the relevant regulators including RegData, Attestation of firm details, AR and IAR reporting and Consumer Duty reporting.

Our ideal candidate for the Compliance Associate opportunity:

• Has experience in a Financial Services administration role, with a proven ability to plan ahead and work to deadlines
• Holding or being in the process of working toward a Financial Services qualification would be desirable, as would existing Compliance knowledge and Wealth Management exposure
• Is discrete and professional, comfortable with keeping all aspects of their work confidential
• Is focussed and detail oriented, with consistently strong accuracy and attention to detail
• Some experience of managing and leading projects would be beneficial.
• Is looking to progress their career within Compliance in Financial Services

If you're interested in the Compliance Associate opportunity, have the skills and experience we're looking for and are based in the West Midlands, please apply with an up to date CV today.