Job Description

Job Specification

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Location

Bath

Employment Type

Full time

Department

(Platform) CASS & Operational Risk

Appointment Type

Permanent

Hours

37.50

Ref No

10207

Job Information

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About Us:

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At Wealthtime, we take pride in our role as a multi-award-winning financial technology company, known for our outstanding 5-star service platform. Our journey is guided by our shared values and behaviours: 'Seek Opportunity', 'Nurture Each Other' and 'Simply Get Going.'



With new ownership since 2021 and significant investments of over 17 million, Wealthtime is on an exciting path of growth. Our team, consisting of approximately 300 dedicated individuals, is at the heart of our journey, and we welcome you to join us as we continue to make our mark in the industry.

About the Role

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Wealthtime is part of Quanta group, one of UK's leading wealth management groups, bringing together Wealthtime Ltd, Copia Capital Management, and Craven Street Wealth.



As a Senior Compliance Monitoring Associate you will assist in monitoring and assessing the compliance of the Quanta Group with relevant laws, regulations, and internal policies. Working closely with the wider compliance team to ensure that the Quanta Group operates within the boundaries set by regulatory authorities and maintains a strong compliance culture.



The role holder will support the Compliance team to maintain a sound and robust compliance framework appropriate to the Quanta Group.



We are seeking two Senior Compliance Monitoring Associates to help us deliver the Compliance Monitoring Plan which covers all activities within the Quanta Group, including Platform, DFM and Financial Advice. We are looking for two individuals with relevant Compliance Monitoring experience in either the platform or financial advice industry, or even both.

Key Responsibilities:

Conduct regular and ad-hoc compliance monitoring reviews to evaluate Quanta Group's compliance with relevant laws, regulations, and internal policies. Identify and assess compliance risks, including regulatory, operational, and reputational risks, and develop appropriate monitoring plans to address these risks. Collaborate with business units and other stakeholders to ensure compliance with applicable laws, regulations, and industry best practices. Review and analyse regulatory changes and industry developments to assess their impact on Quanta Group's monitoring program. Prepare comprehensive compliance monitoring reports, highlighting findings, recommendations, and areas for improvement, and present them to senior management and relevant committees. Monitor the implementation of corrective actions and recommendations resulting from compliance monitoring reviews and regulatory inspections. Stay updated on emerging trends, regulatory changes, and best practices in compliance monitoring within the financial services industry. Create and comment on compliance assurance MI that feed into the Compliance Officer's Board Reports

Foster a culture of compliance and ethics throughout the organisation by promoting awareness and understanding of compliance obligations.

About You

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Specialist Skills, Qualifications and Experience:

Essential:

For the platform focused role we are seeking experience in a compliance monitoring role within the advisor platform sector. For the advice focused role we are seeking experience with monitoring adviser activity, including file reviews In-depth knowledge of relevant laws, regulations, and industry best practices, such as AML, KYC, MiFID, GDPR, and other applicable regulations. Strong understanding of financial products, services, and operations within the financial services industry. Proven experience completing risk-based compliance monitoring programs. Excellent analytical skills with the ability to identify and assess compliance risks and develop appropriate monitoring plans. Strong communication and interpersonal skills to effectively collaborate with stakeholders at all levels of the organisation. Detail-oriented with the ability to conduct thorough reviews and produce accurate and comprehensive reports. Ability to work independently and manage multiple projects simultaneously, meeting deadlines and delivering high-quality work. Strong ethical standards and a commitment to maintaining confidentiality and integrity in handling sensitive information Self-motivator with a proactive attitude Strong IT skills (Particularly Excel, SharePoint and other MS office applications)

Desirable:

Relevant business qualification e.g., Certified Regulatory Compliance Manager or CISI Compliance Diploma)

Rewards & Benefits:

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Competitive Compensation:

We offer a competitive salary that reflects your skills and contributions.

Hybrid Working:

Enjoy the flexibility of a hybrid work model, balancing the comforts of home with the camaraderie of the office.

Yearly Discretionary Bonus:

Look forward to a yearly discretionary bonus as a token of appreciation for your dedication.

Generous Holiday Package:

You'll receive 34 days of holiday per calendar year, including bank holidays. Plus, we offer the option to purchase or sell up to 5 additional days per year, tailoring your time off to suit your needs.

Wellbeing at Heart:

We understand the importance of your well-being, which is why we offer a Wellbeing day, allowing you to take a break when you need it most, whether it's for your birthday, moving house, or simply pampering yourself.

Professional Growth:

We're committed to your professional development and will support and encourage your career advancement.

Comprehensive Health

: You and your family's health is a priority for us. We provide a Private Medical scheme that can be extended to full family coverage, an Income protection scheme, and a Life assurance scheme.

Financial Security

: Prepare for your future with our Group contributory pension scheme.

Travel with Ease:

We offer interest-free season ticket loans to help with travel costs.

Giving Back:

You can participate in our Wealthtime Foundation Day to support charitable activities.

Opportunities for Growth:

We actively promote internal progression, so your journey with us can take you from agent to team leader and beyond.

Recognition Matters

: Our excellent in the moment recognition scheme ensures your hard work is acknowledged and celebrated.



Wealthtime is an equal opportunities employer that places high value on a diverse and inclusive workplace. We recognise that people work in different ways, appreciate alternative viewpoints, celebrate individuality, and cultivate a culture where everyone can be their authentic selves at work. We are deeply committed to fostering a diverse workforce and welcome applications from individuals of all backgrounds, beliefs, cultures, gender identities, ethnicities, sexual orientations, abilities, and long-term health conditions.