Compliance Manager - IFA Firm - Part time or full time considered

Job Title: IFA Compliance Manager (Full/Part-Time Considered)

Reports to: Director

Location: Droitwich/Gloucester

Job Purpose: As a Compliance Manager, you will play a pivotal role in the  firm’s regulatory and risk framework. Your responsibilities include ensuring that systems and procedures are in place to meet both regulatory and internal requirements across all markets where the company operates. You’ll be a confident and proactive communicator, responsible for updating stakeholders on regulatory changes and horizon scanning.

Key Responsibilities and Accountabilities:

1. Develop and deliver a sustainable risk-based compliance program.
2. Identify compliance process improvements and weaknesses, presenting solutions where appropriate.
3. Manage the annual compliance diary to ensure key business and regulatory deadlines are met, communicating with relevant stakeholders for timely completion.
4. Monitor and maintain regulatory registers to identify relevant risks.
5. Collaborate with external file check support to ensure robust and compliant advice files, identifying improvements and implementing necessary changes.
6. Uphold standards of regulatory compliance.
7. Develop and draft compliance policies and procedures, conducting annual reviews to enhance efficiency and meet regulatory requirements.
8. Manage day-to-day compliance activities alongside the compliance associate.
9. Provide guidance to the Group on regulatory changes.
10. Offer guidance and support to consultants and individuals as needed.
11. Oversee the Training & Competence scheme, identifying areas for action and improvement.
12. Regularly provide feedback to key stakeholders on risk-related matters.
13. Handle all aspects of complaints through to resolution.
14. Organise and implement internal training for staff.
15. Ensure continual embedding and implementation of the Consumer Duty within the Firm.
16. Oversee the preparation of applications to the FCA, Regdata submissions, and annual PII renewal.
17. Implement any action points identified from external compliance audits.
18. Complete ad-hoc compliance projects in response to compliance improvement or the company’s growth strategy.
19. Represent the company at key project meetings to implement propositional and regulatory changes.

Skills and Abilities:

1. Previous experience working within an IFA or Wealth Management firm, emphasising regulatory compliance for approved persons.
2. Good knowledge of FCA Conduct of Business Rules.
3. Familiarity with financial planning activities.
4. Understanding of the Regulatory Financial environment (FCA rules).
5. Ability to work collaboratively with colleagues across the business.
6. Effective communication skills, both written and verbal, maintaining the role’s integrity even in challenging situations.
7. Self-motivated and highly driven.
8. Excellent time management skills.
9. Ability to work independently without supervision.
10. Strong presentation skills.
11. Coaching abilities.

Qualifications Required:

1. Certificate in financial planning or equivalent.
2. Optional: CII RO1 & J07/AF6 or equivalent training as a T&C Supervisor.