Compliance Assistant - City Based

Eos Wealth Management Limited:

Eos is an IFA based in City Road in the City.  There are 8 advisers and in total 22 members
of staff.  The company has a joint venture with an accountancy practice located in Euston and operates a satellite office within this building. Three of the advisers are located here.

Most of the back-office support team is located in the City Road office which is where this role would be based.

The company deals with clients from the accountancy practice (mainly high net-worth) but also specialises in advising footballers.

Job Description:

• To assist the Compliance Manager in her role overseeing compliance;
• To undertake financial product and investment fund analysis in support of the Company’s preferred product list;
• To assist with the supervision of the administration team function; and
• To act on instruction from the Board to provide assistance within the business when and where necessary.

Main Duties:

• Desk based compliance monitoring and file checking in accordance with Company’s T&C scheme;
• Production of T&C key performance indicators and analysis in accordance with Company’s T&C Scheme;
• Managing the Company’s ongoing Treating Customers Fairly and principles based analysis and reporting;
• Updating procedure manuals in accordance with changes in regulation, legislation and Company’s risk management requirements;
• Anti-Money Laundering training;
• Complaints handling;
• Research and analysis of new products (incorporating documentation of due diligence process);
• Maintenance of the Company’s model fund lists;
• Updating of company wrap platform analysis;
• Production of template recommendation reports and maintenance of library of documents;
• Identification and implementation of business improvement strategies;
• Thematic reviews and projects to meet business needs;
• Provide assistance with staff recruitment;
• Responsibility for ongoing maintenance and development of the 1st back office system;
• Maintenance and checking of the Company’s asset, financial promotions and other registers;
• Assist Compliance Manager with FSA six-monthly returns; and
• Keeping up to date with regulatory and legislative changes.

Special Requirements:

• In depth knowledge of Financial Services Industry (at least 3 years IFA based experience);
• Previous compliance and supervisory experience;
• Working knowledge of the FSA Handbook;
• Broad product knowledge including unregulated products;
• Full FPC/Cefa/Certificate (progression with Diploma essential);
• Working Knowledge of 1st Software, Avelo, O&M and provider websites;
• Good knowledge of Microsoft Office, especially excel;
• Knowledge of FSA Regulations, IFA Compliance Procedures and IFA company sales processes;
• Good communication and influencing skills; and
• Advanced report writing skills.