Compliance Monitoring Officer

Job Description

We are now recruiting a proactive Compliance Monitoring Officer to help ensure continued compliance in a highly regulated financial services environment. The successful candidate will exemplify the FCA's commitment to delivering positive outcomes for customers, serving as a role model with strong ethical principles and the ability to recognise and address any areas where standards fall short.

As part of the Risk & Compliance function, the Compliance Monitoring team are responsible for undertaking in depth thematic and regular reviews to ensure regulatory compliance and the delivery of good consumer outcomes, and following through review findings to drive positive change collaboratively with the business. 

What you'll do

• Carry out reviews in line with the Compliance Monitoring Plan in an effective and rigorous manner, evidencing consideration of embedding of good consumer outcomes in line with the Consumer Duty, effectiveness of risk controls, and GDPR considerations.
• Collaboration,  feedback  and  challenge  with  relevant  stakeholders,  both  within  Risk  & Compliance and within the relevant business areas.
• Ensure  that  all  necessary  records  and  documents  are maintained  in  compliance with FCA regulations.
• Monitor staff accounts in conjunction with company policies.
• Maintain the breach register, including investigation of individual breaches to determine root cause and sufficient corrective action to prevent recurrence.
• Maintain the gifts and hospitality register

What you'll have

• Previous experience in a compliance function within an FCA regulated business, either in a Stockbroker, Investment Platform or Investment business would be preferable but other sectors considered.
• Compliance or quality assurance monitoring and testing experience.
• Working knowledge or awareness of the UK regulatory regime and awareness of the wider EU regulatory framework.
• Working knowledge or awareness of current FCA Handbook, in particular COBS; SYSC; Financial Crime; CASS; and MAR, and the Consumer Duty
• Working knowledge or awareness of legislative framework for financial crime including JMLSG guidance on AML requirements and the FCA’s financial crime prevention requirements.

For internal applications, please submit your application by COB Friday 15 November.

About us

AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone, from professional financial advisers, to DIY investors with little to no experience. We have over 542,000 customers using our award-winning platform propositions to manage assets totalling more than £86.5 billion. Our customers trust us with their investments, and by continuously striving to make investing easier, we aim to help even more people take control of their financial futures.

Having listed on the Main Market of the London Stock Exchange in December 2018, AJ Bell is now a FTSE 250 company.

Headquartered in Manchester with offices in central London and Bristol, we now have over 1,450 employees and have been named one of the UK's 'Best 100 Companies to Work For’ for six consecutive years.

Our perks and benefits

• Starting salary up to £40,000 (DOE)
• Starting holiday entitlement of 25 days, increasing up to 31 days with length of service
• Holiday buy and sell scheme
• A choice of pension schemes with matched contributions up to 5%
• Discretionary bonus scheme
• Annual free share awards scheme
• Buy As You Earn (BAYE) Scheme
• Health Cash Plan – provided by SimplyHealth
• Discounted private healthcare scheme and dental plan
• Free gym membership, with an on-site gym providing a wide range of free classes
• Employee Assistance Programme
• Bike loan scheme
• Sick pay+ pledge
• Enhanced maternity, paternity, and shared parental leave
• Discounted nursery fees at Kids Planet on Exchange Quay
• Loans for travel season tickets
• Death in service scheme
• Paid time off for volunteer work
• Charitable giving opportunities through salary sacrifice
• Calendar of social events, including monthly payday drinks, annual Christmas party, summer party and much more
• Parking at Exchange Quay
• Personal development programmes built around you and your career goals, including access to personal skills workshops
• Ongoing technical training
• Professional qualification support
• Talent management programmes
• Peer recognition scheme, with rewards including restaurant and shopping vouchers or time off
• Monthly leadership breakfasts and lunches
• Casual dress code
• Access to a range of benefits from our sponsorship deals

Hybrid working

At AJ Bell, our people are the heart of our culture. We believe in building strong connections by working together. That's why we offer a hybrid working model, where you’ll spend a minimum of 50% of your working time per month in the office. For new team members, an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.

AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.

We do not discriminate on the basis of race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit and business need.

If you like the sound of the above, or just want to know more about the company and the role, we'd love to speak to you.