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Business Assurance Officer

  • Salary: £35000 - £40000 per annum + Bonus
  • Location: Bristol
  • Sector: Compliance
  • Job type: Permanent
  • Date posted:
    13 Aug 2018
  • Job reference: 30943

IDEX are working with one of the leading providers of bespoke investment management, who are looking for a Business Assurance Officer based in their offices in Bristol.

Role

In your new role as Business Assurance Officer, you will be responsible for undertaking reviews of private client new business and periodic reviews to ensure standards are complied with. You will assess outcomes and report on findings to Investment Managers and Business Managers, as well as monitor the completion of remedial actions by Investment Managers. You will also act as a point of contact for IM's in relation to advice standards and support training and development activity.

Responsibilities

  • Undertake quality assurance checks both of private client files, both new business and periodic review cases to assess compliance with prevailing regulatory and corporate requirements in relation to the advice process and record keeping
  • Provide timely, accurate and appropriate feedback to Investment Managers in relation to individual cases and provide guidance on the actions required to address
  • Ensure feedback is constructive and that Managers are made aware for timely remediation
  • Where required liaise with Business Managers, Conduct Risk Officers and Regional Directors to provide feedback on individual cases, trends and broader issues. Support the production of relevant MI to support the identification of trends in advice and record keeping quality. Where trends are identified, make recommendations on the actions required to address
  • Make recommendations on the cases to be checked, to ensure that reviews are focused on areas of highest risk taking into account factors such as specific risks at IM level and broader thematic issues
  • Develop and maintain a good knowledge of all regulatory and corporate standards and undertake reviews in accordance with these
  • Develop and maintain excellent working relationships with IM's and BM's
  • Support the management of specific projects with direction from the Business Manager and team members as required

To be successful you will need

  • Industry experience essential
  • Educated to CISI Level 4 or equivalent, willing to work to Level 6 within 2 years
  • Good literacy and numeracy skills
  • Confident grasp of Microsoft Office (Excel, Word and PowerPoint)
  • Experience of undertaking business assurance case reviews working in a compliance, regulatory, monitoring or business assurance role
  • Experience of working with first line distribution - Ideally in either a Wealth Manager, investment firm, private banking, stock broking or Asset Manager
  • A high degree of expertise and knowledge in relation to all regulatory activities relating to the provision of advice by Investment Managers
  • Excellent relationship and stakeholder management skills
  • Industry knowledge of FCA requirements

If successful, you will benefit from

  • A salary of up to £40,000
  • Discretionary Bonus
  • 25 days holiday
  • 10% company pension contribution
  • Death in service benefit x 4 salary
  • Income protection insurance

If you match my client's requirements and this sounds like an opportunity you would be interested in hearing more about, then send across your CV and we will be in touch! Full job specification available.

Please visit the IDEX Consulting Ltd website for further opportunities. If your application is successful, we aim to contact you to discuss the opportunity in more detail within 2 working days. Due to the overwhelming application response we receive through various sources, should you not hear from us within one week then please assume your application has been unsuccessful. If your application is unsuccessful, the information supplied may still be retained for up to 3 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.

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