Compliance Specialist - 2plan Wealth Management
Openwork
United Kingdom
Published 2 months ago
Compliance Management Systems / Technology
The opportunity
As we grow and develop the Risk & Compliance function at 2plan, we are looking for an experienced Compliance Specialist to join the team. You'll be responsible for providing risk based 2LoD compliance monitoring in accordance with the Compliance Plan, and whilst managing potential conflicts of interest, provide compliance advice to business units, helping to ensure that all activities are carried out within the regulatory framework. Using your knowledge and experience of the regulatory landscape and consumer duty expectations and requirements you'll provide appropriate challenge and support to the business.
This is a hybrid role with 2 days per week in our Leeds office.
The benefits:
Qualification/ Experience:
2Plan Wealth Management was Launched in July 2007 and we have continuously built on our strengths to become one of the leading wealth management firms in the UK. Our head office administration, technology and regulatory teams provide exceptional support to all our financial advisers around the country, enabling them to deliver the best possible service to clients. The client experience is paramount and all our advisers pride themselves on providing up-to-date advice and building long lasting, professional client relationships. We want all our clients to view 2plan wealth management as their trusted go-to adviser for their financial matters.
At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We're also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague's individual differences and identities - just like our financial advice, for us, it's personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.
As we grow and develop the Risk & Compliance function at 2plan, we are looking for an experienced Compliance Specialist to join the team. You'll be responsible for providing risk based 2LoD compliance monitoring in accordance with the Compliance Plan, and whilst managing potential conflicts of interest, provide compliance advice to business units, helping to ensure that all activities are carried out within the regulatory framework. Using your knowledge and experience of the regulatory landscape and consumer duty expectations and requirements you'll provide appropriate challenge and support to the business.
This is a hybrid role with 2 days per week in our Leeds office.
The benefits:
- Salary - up to £55,000
- Bonus scheme - on target bonus 10%
- Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Income protection - 1x salary
- Death in service - 4x salary
- 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
- A range of other flexible benefits to include private medical insurance, dental insurance and much more.
- Supports the Risk and Compliance Director in the development and delivery of the risk assessment and Compliance Plan setting out an appropriate programme of risk-based compliance assurance activities
- Undertakes a variety of monitoring and assurance activities including compliance-based audits and risk assessments.
- Advises business areas, as appropriate, on recommended control improvements actions, driving ownership, accountability and timely completion of actions.
- Provides compliance consultancy to key stakeholders at all levels across the business to appropriately identify and manage conduct risk and support the continued development of a customer-centric culture
- Develops and maintains effective working relationships with first line operational management and key stakeholders
- Supports and pro-actively works with the Risk and Compliance Director to effectively manage and deliver FCA regulatory visits, requests and thematic reviews to a high standard, enhancing our relationship with the regulator.
Qualification/ Experience:
- Operational compliance experience in financial services industry, in a 2LoD capacity.
- Strong understanding and experience of 2LoD compliance monitoring techniques and regulatory requirements.
- QCF Level 4 or similar level of professional qualification to the role
- Maintains up to date knowledge of the regulatory landscape and emerging industry risks
- Good knowledge of regulatory framework, particularly conduct risk and Conduct of Business Rules
- Working knowledge of data protection legislation and financial crime frameworks.
- Up to date knowledge of relevant FCA Handbooks e.g. COBS, T&C, SYSC, ICOB, MCOB
- Good market, risk and business awareness.
- Excellent oral/written communication, influencing, facilitation and negotiating skills
- Exceptionally well-organized, with a proven track record of maintaining detailed records and robust audit trails.
- Problem Solving, interpretation, decision making and judgement skills
- Excellent planning and organising skills
- A proficient user of Microsoft Office applications including as a minimum Word, Excel, PowerPoint and Outlook.
2Plan Wealth Management was Launched in July 2007 and we have continuously built on our strengths to become one of the leading wealth management firms in the UK. Our head office administration, technology and regulatory teams provide exceptional support to all our financial advisers around the country, enabling them to deliver the best possible service to clients. The client experience is paramount and all our advisers pride themselves on providing up-to-date advice and building long lasting, professional client relationships. We want all our clients to view 2plan wealth management as their trusted go-to adviser for their financial matters.
At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We're also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague's individual differences and identities - just like our financial advice, for us, it's personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.