Compliance Manager

Nucleus Financial Platforms group; Leeds; On-site; GBP 50,000 - 70,000; Full time

Job summary

A financial services provider in Leeds is seeking a Compliance Manager to oversee compliance operations and support regulatory requirements. Candidates should have at least seven years of compliance experience with a good grasp of UK regulations. The role entails delegating responsibilities and engaging with both internal committees and customers. This full-time position focuses on upholding compliance standards whilst enhancing documentation and practices.

Qualifications

• At least seven years of generalist Compliance experience.
• Good understanding of UK legal and regulatory requirements.
• Ability to communicate clearly both verbally and in writing.

Responsibilities

• Deputise for the Compliance Officer in their absence.
• Support in delivering the firm's strategic aims compliantly.
• Investigation of customer complaints.

Skills

Compliance experience

Understanding of UK legal compliance

Communication skills

Workload management

Proactivity in compliance practices

Job description

Job Description

Third Platform Services Limited (“TPS” or the “Firm”) provides a Model B Clearing service to financial intermediaries which entails trade execution, settlement and safe custody.

TPS's customers are all FCA regulated firms that typically provide wealth management and advisory services to underlying retail clients.

Role Overview

The Compliance Manager reports to the Head of Compliance and provides day‑to‑day support and deputises in their absence.

Responsibilities

• a) Deputising for the Compliance Officer in their absence including attendance of internal committee and management meetings and supervision of junior members of the Compliance team;
• b) Support the firm in delivering its strategic aims and objectives in a compliant manner, including providing compliance support to in‑flight change projects;
• c) Dealing with ad‑hoc issues delegated by the Head of Compliance;
• d) Support in the delivery of a compliant SMCR framework, including:
• i. ensuring all staff performing senior manager or certification functions are duly identified and promptly registered with, or notified to, the FCA;
• ii. maintenance and, where required, updating of SMF statements of responsibilities;
• iii. timely issuance of annual re‑certifications for all certification staff; and
• iv. maintenance and updating of the Firm’s SMCR policy and procedures.
• e) Responding to day‑to‑day compliance queries from the business and the Firm’s customers;
• f) Investigation of customer complaints and drafting of written responses thereto in compliance with regulatory complaints handling requirements;
• g) Completing due diligence assessments on prospective customers prior to on‑boarding;
• h) Assisting the Head of Compliance in the preparation of responses to information requests from the FCA and other regulatory bodies;
• i) Drafting and updating of the Firm’s Compliance policies and procedures;
• j) Assisting the Head of Compliance in the development and updating of the Firm’s Compliance Monitoring & Assurance Programme;
• k) Overseeing the submission of regulatory returns by the Firm;
• l) Providing second line oversight of the transaction reporting process; and
• m) Assisting in the execution of the Firm’s Compliance Monitoring Programme if required.

Required Experience and Attributes

• i. At least seven years generalist Compliance experience which ideally has included provision of business advisory support, monitoring and testing, drafting and updating of policies and procedures, representing Compliance in internal committees and working groups, customer complaints handling and general liaison with customers and external third parties;
• ii. Good understanding of current UK legal and regulatory requirements pertaining to Client Assets, Code of Conduct, Conduct of Business, Customer Complaints Handling, and the Senior Managers and Certification Regime;
• iii. Knowledge and/or experience in any of the following areas would be advantageous: CRS and FATCA, Data Protection & Privacy, Market Abuse and Transaction Reporting;
• iv. Ability to communicate clearly both verbally and in writing;
• v. Ability to manage and prioritise own workload and meet deadlines; and
• vi. Proactively look for ways to enhance current Compliance documentation and practices.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Other