Compliance Specialist

The opportunity

To carry out both risk based 2LoD compliance monitoring in accordance with the Compliance Plan and, providing compliance advice to business units, helping to ensure that all activities are carried out within the regulatory framework. Using knowledge and experience of the regulatory landscape and consumer duty expectations and requirements to provide appropriate challenge and support to the business.

This is a Hybrid role with 3 days based in our Leeds office.

The benefits:

Salary - Up to £51,000
Bonus scheme - 10%
Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
Critical illness cover
Income protection - 1x salary
Death in service - 4x salary
27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
A range of other flexible benefits to include private medical insurance, dental insurance and much more.

Key Accountabilities:

Supporting the Risk and Compliance Director in the development and delivery of the risk assessment and Compliance Plan setting out an appropriate programme of risk-based compliance assurance activities.
Undertaking a variety of monitoring and assurance activities including compliance-based thematic reviews, opinions and outcome monitoring.
Advising business areas, as appropriate, on recommended control improvements, driving ownership, accountability and timely completion of actions.
Providing compliance consultancy to key stakeholders at all levels across the business to enhance understanding of regulatory, financial crime and data protection requirements. This includes identifying and managing conduct risk and supports the continued development of a customer-centric culture.
Assessing and interpreting relevant regulatory output, to instigate a programme of regulatory change which supports adherence to evolving regulatory requirements. This includes driving ownership, accountability and timely completion of actions.
Developing and maintaining effective working relationships with first line operational management and key stakeholders
Supporting and pro-actively working with the Risk and Compliance Director to effectively manage and deliver FCA regulatory visits, requests and thematic reviews to a high standard, enhancing our relationship with the regulator.

What will you need to succeed?

Operational compliance experience in financial services industry, in a 2LoD capacity.
Strong understanding and experience of 2LoD compliance monitoring techniques and regulatory requirements.
Level 4 or similar level of professional qualification to the role
Maintains up to date knowledge of the regulatory landscape and emerging industry risks
Good knowledge of regulatory framework, particularly conduct risk and Conduct of Business Rules
Working knowledge of data protection legislation and financial crime frameworks.
Up to date knowledge of relevant FCA Handbook
Good market, risk and business awareness.
Exceptionally well-organized, with a proven track record of maintaining detailed records and robust audit trails.
Problem Solving, interpretation, decision making and judgement skills

Why us?

2Plan Wealth Management was Launched in July 2007 and we have continuously built on our strengths to become one of the leading wealth management firms in the UK. Our head office administration, technology and regulatory teams provide exceptional support to all our financial advisers around the country, enabling them to deliver the best possible service to clients. The client experience is paramount and all our advisers pride themselves on providing up-to-date advice and building long lasting, professional client relationships. We want all our clients to view 2plan wealth management as their trusted go-to adviser for their financial matters.

At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.

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The opportunity

What will you need to succeed?

Why us?

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