Our client provides essential infrastructure services to the wealth management industry, including custody, brokerage, pensions, and technology solutions. These services are designed for IFAs, wealth managers, investment managers, and family offices.
At the heart of their offerings is an investment platform service that allows financial advisers and managers to manage all their clients' investments in one secure, high-quality platform. This service is available for both UK and international markets.
Additionally, our client licenses enterprise technology that integrates with existing systems in the wealth management sector. This integration facilitates growth and enhances service capabilities for both the business and its clients.
About the role of Technical Compliance Specialist: You will review and implement changes due to new laws. You'll ensure our products and services follow all legal and industry standards. Your role involves providing technical compliance support across various business areas and leading or contributing to projects. You will also collaborate with experts to manage and enhance the compliance practices.
As a Technical Compliance Specialist, your role centers on ensuring that the operations align with FCA Consumer Duty rules, internal values, and compliance standards.
Key responsibilities include:
Handling daily compliance inquiries, particularly those related to changes in legislation, regulations, and specific rules concerning HMRC pensions and ISAs.
Collaborating with various departments, product providers, and clients to support compliance, mitigate risks, and drive continuous improvement.
Identifying and addressing compliance trends through monitoring activities, risk management, and controls.
Supporting internal teams with technical compliance issues and initiatives, and managing changes in processes to enhance compliance, risk management, and efficiency.
Keeping up with regulatory developments and communicating these to both the board and all employees.
Overseeing the implementation of regulatory changes and managing compliance and regulatory inquiries.
Maintaining relationships with relevant governmental and regulatory bodies, updating compliance programs, and risk assessments.
Assisting in the development and revision of policies and standards, and providing specific technical training on products.
Your role is pivotal in ensuring that compliance integrates smoothly with business operations and that the business remains ahead of regulatory changes.
Skills and experiences will include:
You need a deep understanding of the legal and compliance regulations around SIPP and ISA products and HMRC legislation. You should have strong leadership and critical thinking skills for risk assessment, be a natural problem solver with keen attention to detail, and have the ability to advise, negotiate, and influence across all levels.
An exciting role part of a growing brand with a clear pathway laid out in front of you for continuous development. To discuss in confidence, please contact Liam McConnell today.