Compliance Manager - Wrap Platform

  • Competitve
  • London, England, United Kingdom
  • Permanent, Full time
  • Transact
  • 16 Aug 17

We are growing quickly and as such are now recruiting for a Compliance Manager to join our Compliance team to deliver high quality and accurate regulatory advice and guidance in accordance with the standards expected by the Group. This includes providing oversight and direction to other team members, supporting the delivery of compliance initiatives, leading and delivering regulatory projects and working closely with the Compliance leadership team.

Our award-winning wrap service already has a loyal following from a large number of financial advisers and planners in the UK – and for good reason.

In simple terms Transact is a smarter, more effective and efficient way for financial advisers to aggregate and manage their clients' investment portfolios and financial plans online. That said, Transact is so much more than just an online service. Our personal one-to-one service is a key part of what we have to offer. It is this that ensures that Transact is adaptable and flexible enough to deal with the complexity of real-world financial plans and investment portfolios.

First established in 2000 we now have over £26 billion funds under administration and have won numerous awards for both our innovative online platform and our unrivalled customer service. Last year alone our awards include UK Platforms Awards Platform of the Decade (2016), Moneyfacts Best Wrap Platform (2016), Financial Times 5 Star Investment Provider (2016) and Defaqto 5 Star Platform Service (2016). So far this year we have won Professional Adviser Best Platform for Advisers (AUA above £15bn) (2017), Professional Paraplanner Best Overall Service for New Business (2017), Money Marketing Best Platform Award (2017), FT Adviser Online Innovation and Service Awards Investment Innovation Award (2017), FT Adviser Online Innovation and Service 5 star Investment Award (2017).

We are growing quickly and as such are now recruiting for a Compliance Manager to join our Compliance team to deliver high quality and accurate regulatory advice and guidance in accordance with the standards expected by the Group. This includes providing oversight and direction to other team members, supporting the delivery of compliance initiatives, leading and delivering regulatory projects and working closely with the Compliance leadership team.

This role involves:

  • Deputising for members of the Compliance leadership team and in particular for the Corporate Compliance Manager in times of absence and by providing day to day support and guidance for the other teams within Corporate Compliance and other compliance teams as needed;
  • Leading and delivering regulatory change projects or compliance initiatives;
  • Supporting regulatory reporting and regulator visits as needed;
  • Advising on applicable rules and regulations and providing help and guidance to other Compliance team members in relation to complex queries and overseeing and providing direction on their work as required;
  • Assisting the Compliance leadership team to maintain sound and robust arrangements for providing advice to the Group on applicable FCA, PRA and Isle of Man FSA regulation;
  • Contributing to the delivery of timely and effective reporting to the Boards, Committees and Forums, Group Counsel and Head of Compliance on Compliance activity and projects;
  • Keeping informed on regulatory developments affecting the Group, contributing to assessing their impact, supporting responses to consultations and implementing necessary changes to policies, procedures, processes and systems;
  • Taking responsibility for designing, producing and managing compliance processes and management information and supporting specific business areas as requested; and
  • Leading and developing others effectively ensuring that sufficient time is given to individual development and delivering high quality work.

 

This is a fantastic opportunity for a collaborative compliance professional who has an in-depth practical knowledge and understanding of, and the ability to apply, FCA and PRA rules and guidance particularly those relating to COBS, SYSC, CASS, TCF and Conduct Risk. You will be educated to degree level and have practical knowledge and understanding of the UK regulatory environment as it relates to the financial services industry. Ideally you will have worked in UK financial services investment, advisory or insurance sectors in Compliance or Regulatory roles for at least 10 years. Experience of working at or with UK regulators will be a strong positive as will knowledge of investment funds, platforms, UK investment distribution and Isle of Man regulation. You will need to demonstrate a proven track record of successfully delivering a range of compliance projects and high quality and effective compliance advice. We are looking for a great team player with strong commercial, technical and communication skills who can lead and think strategically and who enjoys working across a broad range of compliance disciplines and developing others.

Does this sound like the next interesting and challenging opportunity for you?