Our client is a boutique wealth management firm, looking to hire a File Reviewer to undertake high-quality reviews of client files to ensure that advice is suitable, compliant and clearly evidenced.
THE RESPONSIBILITIES:
Review client files, advice reports and supporting documentation to assess suitability, appropriateness and compliance with FCA rules (COBS, PROD, SYSC, Consumer Duty).
Assess the suitability of pension switches/transfers, investment recommendations, protection advice and ongoing service propositions.
Identify documentation gaps, inconsistencies or risks
Ensure all advice and record-keeping meets FCA requirements, business policies and Consumer Duty outcomes.
Highlight potential rule breaches or conduct risks to senior compliance staff.
Maintain awareness of evolving regulatory expectations and apply them in day-to-day reviews.
Produce clear, concise review reports with risk ratings and required actions.
Provide constructive feedback and guidance to advisers and paraplanners
Track and follow up on remedial actions to ensure timely completion.
Identify recurring issues or training needs and contribute to thematic reviews.
Support enhancements to suitability templates, advice frameworks and compliance monitoring tools.
Participate in training sessions or workshops to drive continuous improvement across the advisory function.
Maintain accurate records of reviews, outcomes and risk classifications.
Contribute to compliance MI reporting for senior management and Board oversight.
EXPERIENCE REQUIRED:
Experience in file reviewing, suitability assessment, paraplanning or compliance monitoring within wealth management or financial planning.
Strong working knowledge of FCA rules (COBS, PROD, SYSC) and Consumer Duty requirements.
Solid understanding of investment products, pensions, protection and suitability principles.
High attention to detail, analytical capability and strong written communication skills.
A collaborative team player who supports colleagues across the business
For further information please contact Natalie Eshelby
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