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Compliance Monitoring Officer

Interpersonnel UK Limited



£35000 - £40000/annum up to £40000 DOE


Posted: 21/01/2023

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Compliance Monitoring Officer

up to £40000 DOE


As part of our clients Operations Compliance Team, they are looking for an experienced Compliance Monitoring Officer who will undertake regular monitoring of the firm’s systems/controls and provide assurance, advice and guidance to the business.

Experience within a Compliance Monitoring or Audit role will be important, including a good understanding of retail investment and pension products (In particular SIPPs). An expertise in ISA Management and Pension regulation is also desired.

The Role

* Undertake regulatory monitoring, focusing primarily on FCA and ISA regulations, internal standards, and measurement of fair outcomes for the underlying customers.

* Work alongside the Compliance Manager in the development and tracking of the Compliance Monitoring Plan.

* Develop Terms of Reference/Scope documents for reviews assigned, undertaking fact finding to identify key risks and controls for inclusion.

* Deliver regular, timely, relevant, and concise written reports summarising the findings, including recommendations for addressing any weaknesses identified.

* Provide verbal feedback when required to operational areas, including to senior management, in respect of review findings.

* Ensure completeness of evidence gathered and record keeping associated from testing, on which findings and conclusions are clearly based.

* Track and report on the progress of remedial actions and where appropriate, guide management in implementing necessary improvements.

* Generate regular MI reports and summaries of reviews/findings for senior management analysis. Maintain up to date CPD records demonstrating that skills and knowledge required to do the job are being maintained and enhanced.

* Assist other Operations Compliance team members; cover in time of need, as required and as directed by Compliance Manager.

* Undertake any other wider work including (but not limited to) ad-hoc projects, as required and as directed by the Compliance Manager.

Knowledge, Experience And Qualifications

* Experience within Compliance Monitoring or Audit including knowledge of Compliance monitoring tools and techniques, including interviewing skills. RAF Compliance Monitoring Officer / 2023 3

* Good knowledge of retail investment (including but not limited to GIA. ISA, and Investment Bonds) and personal pension products (In particular SIPPs).

* Excellent knowledge of relevant FCA rules and their interpretation/application including a good level of expertise within ISA Management and Pension regulation.

* Strong interpersonal and communication skills, with the ability to build rapport and forge strong working relationships with key business stakeholders.

* Effective planning and analytical skills.

* Competent with Microsoft Office programs.

* The desire to maintain competency in line with legislation and technical changes within the industry.

Interpersonnel Recruitment is operating as an Employment Agency for our client for this particular role. By applying you give consent for your data to be handled and processed under GDPR Legislation for the purpose of your current employment search.

We are pleased to receive a significant number of applications for most roles advertised. We are therefore unable to respond to individual applicants unless

shortlisted. If you have not been contacted within four weeks of the closing date you should assume you have not been shortlisted on this occasion.

Interpersonnel is an equal opportunities employer. All our current vacancies are on our website

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