Business Assurance Support (12 months FTC)

Overview

Business Assurance Support (12 months FTC)Purpose: To support the Business Assurance Manager by identifying risks and defining training required across advisers in the 7im group. Acts as a key conduit between client-facing teams and the risk and control functions. Ensure requests are pragmatic and reasonable, and support teams to rationalise and simplify processes where necessary.About The Role

Purpose: To support the Business Assurance Manager to identify risks and training required across advisers in the 7im group, and to act as a conduit between client-facing teams and the risk and control functions. Always aiming for pragmatic and reasonable requests, and supporting the teams to rationalise and simplify processes.Responsibilities

Collate and analyse adviser suitability results (ongoing and new) and implement further reviews to ensure quality and compliant files.Support the Business Assurance Manager to ensure each adviser manages ongoing suitability, including overdue and exceptions, providing relevant MI and escalating issues when required.Support advisers identified as needing additional support through Adviser Improvement Plans; undertake file reviews pre- and post-required, liaising with the TandC manager when required.Liaise with the Risk and Compliance team and external parties regarding advice construction and the management of monthly file checks across the Private Client Team.Monitor and provide spot checks on processes across the team to identify potential issues or training needs (e.g., New Business Register, Pipeline).Review and update the adviser procedure manual to cover relevant processes and responsibilities (e.g., Vulnerable Clients, PEPs, Fee Discount register).Create and deliver training plans for new advisers internally or externally, ensuring understanding of the procedure manual and responsibilities.Review and update the Bottom-up Risk Map (BURM) regularly, identifying risks and controls.Coordinate monthly Business Assurance Meetings to raise risks and ensure appropriate action across the PCT and Amicus Management Teams.Support PCT and Amicus directors in providing slides for the Executive Risk Management Committee (ERMC), Customer Outcomes and Conduct Risk Committee (COCRC).Keep up to date with FCA rules and regulations; assist with Consumer Duty and Product Governance when required.Participate in projects and relevant business initiatives as required.Ensure the 7IM Vision, Purpose, Values and Personalities (VPVPs) are followed across the team.Contribute to 7IM’s declared Mission and Tenets and to Treating Customers Fairly (TCF) initiatives.Perform other duties as reasonably required by the line manager, Head of Offices and Head of Private Clients.About You

Skills

Effective stakeholder management with tailored communication based on stakeholder preferences, expectations and needs.Accuracy, thoroughness and attention to detail to maintain high service standards.Good oral and written communication skills.Resilience to manage conflicting priorities, ambiguity and demanding workloads.Ownership and initiative.Ability to ensure regulatory obligations are met while maintaining efficiency.Ability to provide fair and timely feedback (written and oral).Client-focused, delivering high standards of client service.Knowledge

Good working knowledge of suitability advice file standards or involvement with these processes.Knowledge of the UK regulatory system, especially areas relevant to advisory businesses.Minimum of 3 years’ experience within the Financial Planning and Investment industry.Good working knowledge of Xplan (preferred).Proficient in Excel.Qualifications

Qualified or working towards Level 4 Diploma in Financial Services or equivalent.Other relevant information

Reports into Business Assurance ..... full job details .....