Vacancy details

Compliance Assistant Manager

Salary range: £35k - £40k Categories: Finance, Miscellaneous Employment term: Permanent Location: Southampton Vacancy Status: Vacancy Filled Posted on: February 19th, 2019 Applications are now closed for this vacancy

Compliance Assistant Manager

Solent or Bournemouth

Up to £40K ( Depending on experience)

Overall Purpose of Job:

To assist the Compliance Manager in ensuring that the firm establishes, monitors and continually improves upon the necessary controls to contain regulatory risk.

In the highly regulated Financial Services arena the job holder will be required to provide assistance to the Compliance Manager by advising upon the regulatory aspects of financial planning and discretionary fund management activities, deliver to schedule the Compliance Monitoring Programme and associated thematic reviews, as agreed with the Compliance Manager, and work with the Compliance Team and wider business to support profitable, but wholly compliant, business growth.  The job holder must understand all areas of the business where regulation has an impact and assist the Compliance Manager in providing proactive advice and input on the appropriate regulatory principles.

Our business objective for Compliance is to provide regulatory support to a business environment that operates within the regulatory requirements and also fosters a compliance culture that ensures first class operating practices leading to the delivery of best advice, and the fairest treatment for our clients.

Key Duties & Responsibilities:


  • To assist the Compliance Manager in ensuring that the appropriate regulatory risk management strategies are in place.

Management of Compliance Monitoring Programme

  • Under the auspices of the Compliance Manager deliver the firm’s Advisory and DFM Compliance Monitoring Programme to schedule;
  • In consultation with the Compliance Manager, risk assess the relevant regulated business activities and determine the appropriate methodology for the Compliance Monitoring Reviews;
  • To document and record Compliance Monitoring findings and agree findings/outcomes with the relevant stakeholders;
  • Ensure that activities specified in the Compliance Diary are delivered to plan, escalating any delays to the Compliance Manager in timely manner;
  • Monitor and record the documentation requirements of the Advisory and Investment Management T & C Schemes.

Management Information

  • To prepare and report all compliance KPIs and the Compliance Dashboard for incorporation into the quarterly compliance report and Group board meeting packs;
  • To prepare compliance KPIs in relation to regulated advice and sales activity;
  • To assist the Compliance Team in identifying and analysing KPI trends to ensure that all regulatory risks are adequately managed;
  • Record and update all regulatory and data breaches, risks and issues, escalating them to the Compliance Manager as appropriate.

Third Party Relationships

  • To act as the initial point of contact for FCA, ICO and other regulatory bodies;
  • To assist the Compliance Team in the completion of regulatory applications, authorisations and the coordination of relevant regulatory returns;
  • To act as the initial point of contact for the Compliance Team for all professional brokers and providers relationships;
  • To act as the initial point of contact for due diligence applied to any material outsourced arrangements and act as custodian of the firm’s due diligence repository.

Internal Relationships

  • The job holder will work with the Compliance Team and key internal stakeholders to ensure that compliance is achieved through internal design in all regulated sales and associated administrative procedures.

Risk & Compliance Management

  • Responsibility to ensure that the business and compliance risks which affect the key accountabilities are documented along with appropriate strategies to manage them.
  • Responsible for assisting the Compliance Team in ensuring that the systems of internal control operated within the company are adequate for their purpose, that the procedures through which these controls are implemented operate effectively and that these procedures are clearly documented and are compliant with all applicable regulatory/ legislative requirements.

Other Director Duties / Oversight

  • Assist the Compliance Manager with ad hoc requests and projects.

Technical Skills & Knowledge Required:

  • Up to date knowledge of regulatory principles;
  • Up to date understanding of legislative environment;
  • Business acumen, negotiation and influencing skills.

Other Essential Skills Required:

  • Previous compliance monitoring experience preferable;
  • Previous compliance advisory experience preferable;
  • Progression to Level IV qualifications.
  • Industry Pensions knowledge

If you have the relevant skills and experience for this Compliance Assistant Manager role and you fancy a new challenge with an award-winning progressive company, then please click apply today!

Whilst we would love to respond to every single applicant applying for our roles, unfortunately this is not possible due to the high volume of CVs we receive on a daily basis. Please be aware that if you have not been contacted within 10 working days from the date you submitted your CV, then unfortunately your application has not been successful on this occasion.

Bristol recruitment icons