Compliance Manager

The opportunity:

We currently have a vacancy for an experienced Compliance Manager, looking to take the next steps in their career and join a successful, growing organisation and who has the ambition to target a future role as Compliance Officer.

In addition to receiving a comprehensive benefits package, successful candidates will join a team who are committed to collaborative working, in an environment where personal and professional development are genuinely encouraged.

The Role Working closely with the firm’s compliance officer, and with a departmental assistant, you will lead on delivering high-quality compliance oversight, maintaining appropriate systems and controls to enable the business to meet its continuing FCA regulatory responsibilities.

 

Who we are:

MHA Caves Wealth is the wealth management division of MHA, one of the largest firms of accountants, tax and business advisers in the UK. We provide expert, independent wealth and investment management services for individuals and their businesses.

The firm has its head office in Northampton and serves a wide range of MHA offices across the country. Our firm’s success has been built on a reputation for professionalism, integrity and a ‘client first’ mentality, which has seen the firm develop through more than 115 years of history.

 

Key responsibilities (non-exhaustive):

• Design and agree with the compliance officer an annual compliance monitoring programme, taking a risk-based approach to the firm’s key risks.

• Report to senior management on compliance issues impacting the firm.

• Lead the compliance team in delivering the agreed compliance monitoring programme, including setting management actions, to agreed standards and timescales.

• Liaise with the firm’s external compliance consultants as required.

• Oversee the timely monitoring and analysis of regulatory development/change and delivery of clear (potential) impact assessments to relevant teams/departments.

• Oversee regular monitoring tasks, and provide annual board reports, for areas such as AML and Data Protection.

• Managing and mentoring of compliance department staff.

• Develop training plans for certified staff and oversee the firm’s approach to T&C issues.

• Ensure customer communications, including financial promotions, are reviewed, and approved in line with FCA rules and guidance.

• Assist with professional indemnity insurance renewals.

• Ensure the Compliance team promote a strong compliant culture within the business, through delivering training and general awareness activities.

• Ensure the firm’s compliance policies and procedures are kept up to date; that they are appropriate, proportionate, and understood by the business, driving the right compliant behaviours.

• Have input and oversight of the Consumer Duty rules and implementation.

• Oversee the FCA regulatory reporting submissions timetable and collate management information required for these returns.

 

Essential Skills:

• Able to lead and manage staff

• Able to prioritise and manage your own and other’s workloads

• Able to work to strict deadlines

• Attention to detail

• Able to problem solve and deal with complex queries

• Strong written and verbal communication skills

• Able to persuade and influence

• Good knowledge of Microsoft Excel, Word, PowerPoint, Teams

 

Essential Qualifications:

• 5 GCSE’s Grade A – C (must include Mathematics and English)

• UK Regulation & Professional Integrity (IAD unit paper), or equivalent Beneficial Qualifications:

• Diploma in Investment Compliance, or equivalent

• Diploma in Financial Planning Essential Experience

• At least 5 year’s FCA regulated compliance experience (preferably including managing a team) Beneficial Experience

• Other relevant experience gained in Wealth Management or Private Banking Personal Qualities

• Work collaboratively as part of a team

• Able to work under pressure

• Positive attitude

• Flexible and able to learn quickly

• Friendly and approachable

• Resilient

• Ability to make a positive contribution to both the team and the Company

• Interest in general financial services topics and issues

 

Benefits:

• Competitive salary; depending upon experience/qualifications

• 25 days annual leave, plus statutory bank holidays

• 5% non-contributory pension

• Annual discretionary bonus scheme

• Private Healthcare Scheme

• 37.5 hour working week

 

Position:

This is a full-time role based out of our Northampton office; remote working of up to 2 days per week will be considered after the initial probationary period is completed (as will the ability to work from other MHA offices). Part time working will also be considered (minimum 30 hours per week)

To apply for this job email your details to lmcafee@mhacaves.co.uk.