Compliance Consultant
St. James's Place (SJP) works in partnership to plan, grow and protect our clients’ financial futures. We deliver personalised, face-to-face financial advice to our clients, who trust us to manage their money to reach their goals. We provide this service via the Partnership, a network of qualified, expert advisors. We put financial wellbeing and responsible business choices at the heart of everything we do. We believe in the value of difference and know that diverse teams can help us problem solve and innovate for clients.
We look for people to join SJP to make an impact and to contribute to our culture which is based around long term relationships, doing the right thing, and being the best version of ourselves.
Location: Cirencester Office
Workplace Type: Hybrid
Employment Type: 12 month Fixed-Term Contract
Seniority: Mid-Senior Level
The SJP Compliance function adds value to the SJP Group by supporting the business to ensure compliance with FS regulation and advising relevant teams on regulatory compliance (primarily relating to FCA Conduct Risk and PRA regulations), to deliver fair customer outcomes. The role holder will contribute to the compliance culture within the SJP Group through the delivery of second line of defence compliance advisory, as it relates to business strategy and day to day operations. This role ideally requires someone with 5 years’ compliance experience including SM&CR and remote working may be considered.
What you’ll be doing:
- Complete and submit Senior Management Function applications as necessary.
- Provide regulatory guidance to first line business functions, the field and the partnership.
- Lead in the preparation of content for periodic Compliance reports to Senior Management.
- Deal with Pension attestations required by the business and arrange for CRO signature.
- Provide support to the business on SMF and NED F&P issues.
- Complete any FCA thematic review meeting actions that require Advisory Compliance input.
- Provide advice to the business, field and partnership in relation to any potential conflicts of interest.
- Complete FCA notifications in an accurate and timely manner.
- Manage the FCA Liaison Inbox and associated queries.
- Create and update SMCR regulatory documents for SMFs.
Who we’re looking for:
- Experience of first or second-line compliance activity, preferably in a wealth management and financial advice environment.
- Ideally experience in providing Compliance Advisory services to wealth management and wealth planning firms that have retail client offerings.
- Regulatory knowledge, in particular PRIN, SYSC and COBS. Some product knowledge, including pensions, collective investment schemes and other investment products.
- An understanding of Consumer Duty and the AR Regime regulatory changes.
- An understanding of the SJP Group structure and senior manager responsibilities.
- General and SJP specific product knowledge including pensions, investments, mortgages and protection.
- Develop skills to answer information requests from FCA and PRA and determine whether SJP meets the regulatory requirements set out by appropriate regulator.
- Able to analyze and communicate regulatory requirements to first line management.
- Strong interpersonal skills and organizational skills.
Special Requirements:
- May be required to travel to other office locations from time to time.
- Must be able to deliver to important deadlines which may mean working flexibly out of normal hours occasionally.
What's in it for you?
- Non-Contributory Pension – 10% (increasing with length of service up to 15%) with further pension matching.
- Parental leave – 6 months full pay
- 28 days holiday entitlement plus bank holidays (based on full-time equivalent) with the option to buy up to an additional 5 days holiday
Flexible Working
We know that everyone works best in
different ways, at different times and in different environments. We have
introduced a hybrid working policy to provide greater flexibility for part-time
work, job-sharing, remote working, and flexibility on hours. Our people are
encouraged to work in a flexible way that suits their lifestyle, so please ask
the question and start a conversation!
Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.
Reasonable Adjustments
We're an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all, if you require reasonable adjustment(s) at any stage please let us know by emailing us at [email protected]
What's next?
Our team will be in touch. As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.
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