Average Compliance Officer salary in the UK

A leading specialist lender renowned for their expertise in Bridging Finance and Buy-to-Let (BTL) mortgages currently requires Compliance Officer a to join its highly successful and vibrant team, on a hybrid basis, and in the Manchester area. Its commitment to excellence and innovative financial solutions has earned them a strong reputation in the industry. Compliance Officer General Purpose The Audit and Compliance Supervisor will support the organisation by ensuring adherence to regulatory standards, company policies, processes, and best practices. This role involves performing regular audits, identifying compliance risks, implementing corrective actions, and creating a culture of compliance within the-organisation. The successful candidate will collaborate with cross-functional teams to strengthen internal controls and maintain transparency in processes. Compliance Officer Main Duties Audit Planning and Execution Develop and execute internal audit plans based on risk assessments and compliance needs.Conduct comprehensive audits of operational processes, ensuring they align with internal policies and regulatory standards.Document findings, maintain audit work papers, and communicate audit results to senior management with recommendations for improvement. Compliance Monitoring Oversee and monitor compliance with legal, regulatory, and internal policy requirements across the organisation.Action the company’s fraud alerts and assess the risk to the businessReview Suspicious Activity Reports and provide training and guidance to staff Policy Development and Training Working with the Head of Operations to develop, review, and update internal policies and procedures to ensure compliance with regulations and best practices.Maintain the business process maps, training documents and How To GuidesProvide training sessions for staff on compliance requirements and promote a culture of compliance awareness. Risk Assessment and Control Testing Perform ongoing risk assessments to identify potential compliance vulnerabilities and areas for improvement.Incident Investigation and ResolutionInvestigate compliance breaches or audit findings, working with relevant teams to identify root causes.Recommend corrective actions and track the resolution of compliance issues to ensure timely implementation.Report serious compliance issues to senior management, ensuring prompt and effective responses. Compliance Officer Person Specification Qualifications: Understanding of regulatory requirements and industry standards.Strong analytical skills, attention to detail, and ability to interpret complex regulations.Excellent communication skills and ability to work collaboratively with cross functional teams.Proficiency in Microsoft Office Suite Key Competencies: Analytical thinking and problem-solvingStrong ethical standards and integrityOrganisational skills and attention to detailAbility to communicate complex information clearly and effectivelyRisk assessment and mitigation

A leading Chartered Wealth Management firm are looking for a Compliance Monitoring Officer to join the team. This position can be office based or fully remote for the right person. It offers a competitive salary, and a comprehensive benefits package. Compliance Officer Overview: As the Compliance Monitoring Officer, you will be responsible for reviewing advice files in line with agreed business standards as part of the company’s QA programme that safeguards the quality in our dealings with customers. You will feedback findings in a positive and constructive manner to the advice team. You will also provide general suitability guidance and act as a SME to the advice team. The Compliance Officer role will involve taking responsibility for the following. You will have excellent knowledge of the products and services offered by the company, knowledge of the UK financial market and sound knowledge of the FCA regulatory requirements.You will be required to maintain your knowledge by keeping up with any regulatory changes and updating training as required.Interpret, build upon, and comply with company quality assurance standards.Conduct both pre- and post- sale advice file reviews to ensure correct client outcomes are being achieved. This will involve the review of file documentation and advice calls.Feedback file review findings in a clear, constructive manner. Review rework until file can be signed off as demonstrating a positive client outcomeCarefully monitor non-conformance of company standards through records and tracking systems, including root cause analysis with recommendations of corrective actions to Head of Compliance.Document quality assurance activities with internal reporting and audits.Producing monthly report of QA activities and findings to the Head of Compliance.Assist in the development of new standards for the end-to-end customer journey.Help identify training needs and feedback to line managers for action to ensure company-wide compliance.Conduct call observations to ensure that there is no material detriment to the customer and high professional standards are consistent in the team.Identify any potential risks and bring these to the attention of the Head of Compliance. Compliance Officer Key Requirements: Be qualified to Level 4 Diploma Financial Planning (or equivalent) as a minimumPrevious experience of working within an FCA regulated environmentKnowledge of the various financial services products including Pensions and Investments

My client is based in Manchester and they are looking for a Compliance Monitoring Officer to join their team. The business operates a hybrid working model.The main purpose of the role is to provide a file review service to the clients of the business. The file reviews will mainly be for medium to large IFA firms.Duties Deliver a client file review service in line with Service Level Agreements Respond to client queries in a timely, clear and concise manner, setting customer expectations in respect of timescales anticipated, and recording information in line with business standards Provide oral feedback to clients in respect of client file reviews as required To report to the Head of Compliance any specific issues or concerns regarding any client firms which might realistically affect their ability to trade, or affect their ability to fulfil its commercial and contractual obligations to one another. Maintain a CPD record in line with FCA requirements for regulated individuals Generate reports and summaries of thematic reviews/file assessments as requested by the Head of Compliance Undertaking specific projects - e.g. review of SMCR arrangements, T&C scheme, Investment proposition, relationships with third parties etc. and providing written feedback and guidance Suitable candidate will have: A QCF Level 4 Diploma qualificationExperience in a compliance/technical area of a support service, network or IFA business. Detailed knowledge of regulatory framework required to carry out client file review Experience of providing feedback to IFAs in relation to client file quality or T&C issues Good communication skills verbal and written formats - for internal and external clients Attention to detail is a must What they offer in return: Hybrid working A competitive salary 27 days holiday (plus bank holidays)8% employer pension contribution, plus the ability to elect to make a personal contribution via salary sacrifice AVIVA Private Health Care Death in Service benefit (4 times annual salary) Income Protection Insurance Free parking A friendly, supportive and accommodating working environment For more information please contact me on or email: Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.