Membership Coordinator

Recruiter
Search Consultancy
Location
West Sussex
Salary
Competitive
Posted
12 Sep 2017
Expires
10 Oct 2017
Contract Type
Freelance

Membership Coordinator (Financial Services), West Sussex, competitive salary

Overall Purpose of the Job:
To ensure correct procedures are followed for approved persons, systems and controls, recruitment, training and competence and appointed representatives.

Key Activities & Responsibilities:
* Keep up-to-date with regulatory developments relative to responsibilities
* Advise senior management in a timely manner of FCA related and other regulatory issues
* Ensure that the firm can respond in a timely basis to requests for information from FCA
* Comply at all times with the Compliance and Training and Competence procedures of the firm.
* Comply at all times with the requirements of the Financial Services and Markets Act 2000, and the FCA Principles, Code of Practice for approved persons and rules
Approved Persons
* Ensure that the fitness and propriety of all Approved Persons is reviewed on an annual basis
Systems and Controls
* Review any delegated activities on an on-going basis to ensure they are undertaken adequately and meet the firm's needs
Recruitment
* Ensure all recruitment documents are kept up to date to reflect any regulatory or internal changes
* Issue necessary application forms and declarations to new recruits
* Organise and oversee Initial Induction Meeting
* Ensure that all required recruitment documents are obtained for the firm's recruitment records and are saved accordingly on the system
* Ensure that the Recruitment Checklist and New Member Matrix is fully completed for all new recruits
* Ensure that any new advisers are trained in the firm's procedures and advisory standards
* Ensure reference requests are issued for all new recruits in an appropriate and adequate training on the system and the relevant checklists are completed
* Ensure that all new advisers and administrators receive appropriate and adequate training on the system and the relevant checklists are completed
* Ensure necessary FCA forms are completed and submitted in a timely manner
* Ensure that all records are maintained in a structured and orderly fashion for ease of identifying records
* Deal with the regulator when necessary, both in terms of applications pending and any specific audit of recruitment controls
Training and Competence
* Ensure that any newly approved persons are subject to appropriate system training
* Ensure that there is a structured continuous system training programme
* Ensure all relevant individuals are subject to on-going assessment relative to financial viability
Appointed Representatives
* Ensure that ongoing records are maintained and that ongoing checks are completed to consider the appropriateness of an appointed representative's status

Qualifications and Skills

* Significant experience within the financial services, preferably in an investment or insurance environment with a good understanding of FCA/PRA regulatory expectations and compliance requirements
* Detailed knowledge of FCA rules relative to fitness and propriety and recruitment of appointed representative firms
* Highly developed analytical and IT skills - working knowledge of MS Office suite required
* Level 4 Diploma in Financial Planning highly desirable

Personal Characteristics:

* Excellent customer service skills
* Ability to train and motivate others
* Ability to plan workloads and manage conflicting demands and deadlines
* Ability to work in a methodical, efficient and organised manner
* Thoroughness and attention to detail

Search is an equal opportunities recruiter and we welcome applications from all suitably skilled or qualified applicants, regardless of their race, sex, disability, religion/beliefs, sexual orientation or age.