Compliance Officer


Reference ID





£25,000 - £40,000 pa + benefits

Contact Person

Angela Liscombe

Job description

Compliance Officer

Wealth Management

Leicestershire (our ref AL967)

Salary £25,000 - £40,000 depending on experience


Our client is a respected and well-established IFA based on the outskirts of Leicester and they now have an exciting new opportunity for a Compliance Officer to join their team.  You will need to have CII qualifications (RO1-RO6) and also AF7, AF3 or G60 would be an advantage.  Previous experience within a Wealth Management environment is also of course, required.

Main duties

  • Help ensure that the company maintains accurate, detailed and up to date compliance records across all areas of the companys business
  • Help ensure the company can respond to requests for information from the FCA and provide the requisite notifications to the FCA
  • Help ensure appropriate ethical standards exist within the company
  • Help ensure the company continues to meet its threshold conditions (COND) 
  • Report to the company’s Compliance Manager on a regular basis on all relevant compliance issues   


Specific responsibilities


  • Help ensure that the company implements fully its risk-based compliance and financial crime procedures
  • Help ensure that all regulatory reports required by FCA are submitted on time
  • Help ensure the company keeps up to date MI and that any adverse trends or recurring problems identified are passed on to the relevant individuals within the company
  • Help ensure that the company has adequate data security policies and procedures in place and that these are implemented properly

Advice and sales practices

  • Help ensure all advisers, investment managers and new business administrators are aware of any relevant guidance in the areas in which they work and have received appropriate training on any new markets or products in which the company is involved
  • Regularly review the relevant individuals client files as required by the companys relevant procedures


  • If requested, review any complaints against the company and investigate in accordance with relevant regulator’s complaints handling rules
  • Help ensure that the six-monthly reports to the FCA are submitted within the correct timescale
  • Help ensure all staff are aware of the companys complaints handling procedures


Financial promotions

  • Help ensure all financial promotions are approved and recorded on the companys financial promotion register
  • Help ensure all staff are aware of the requirement not to issue any financial promotion without the approval of the compliance oversight function


Training and competence

  • Help ensure that all approved persons are subject to the necessary levels of supervision outlined in the companys relevant procedures
  • Help ensure that adequate records are being maintained by the companys supervisor.
  • Help ensure that all RIAs have a current SPS
  • Help ensure that any non-advising approved person is competent for the role they undertake, by formally reviewing this on an annual basis in line with the T&C requirements
  • Help ensure that any advising principal has maintained a relevant and adequate record of CPD and KPIs by formally reviewing this on at least an annual basis

Appointed representatives

  • Help ensure the relevant regulatory requirements are met and that the appointed representatives are effectively monitored and assessed


If this role is of interest, please apply with an up to date CV.  We aim to respond to all applications but occasionally, due to overwhelming response, this is not always possible.  Should you not hear from us within 10 days please assume your application has been unsuccessful.  By submitting your CV you consent to it being retained for use in connection with this and future relevant and/or similar vacancies, you can of course, opt out of this at any time by emailing us.  Full Privacy Notice can be found on our website.

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