[Hiring] Servicing Oversight Risk Assessor @Quilter

Role Description

Our Risk Assessor role involves assessing operational and regulatory risks relating to the provision of ongoing servicing at both an Appointed Representative and a Representative Intermediary level, ensuring Treating Customers Fairly principles are embedded. You’ll ensure any risk triggers are understood, analysed, and monitored to allow recommendations of the most appropriate mitigation action.

• Ensure that all relevant risk data is analysed, and appropriate judgment is made.
• Provide risk assessment and monitoring recommendations.
• Utilise the risk management data to direct Field Supervisory activity.
• Provide pre-visit data in advance of Firm Assessment and Adviser Annual Competency Assessment activity.
• Engage with Advisers and Firms to clarify understanding and resolve issues.
• Manage workload effectively and in keeping with published standards.
• Be seen as a centre of excellence in terms of operational, regulatory and customer risk knowledge and practice.
• Analyse all relevant management information that is required to risk assess ARs/RIs.
• Determine relevant risk results and consider data links to enhance the risk profiling of ARs/RIs.
• Provide appropriate management information highlighting all relevant adviser/firm risks trends to enable proactive policy decisions to be made.
• Review outputs to identify trends and suggest mitigation actions.
• Keep up to date with all regulatory changes and process changes to ensure risk decisions remain appropriate.
• Prepare referral cases for Governance Forums.
• Monitor and assist in the closure of escalation actions from Governance Meetings.
• Identify potential areas of risk resulting from planned thematic regulatory themes, compliance feedback, other operational departments intelligence or external feedback.
• Complete additional compliance case checks as desktop monitoring requires.
• Communicate with ARs/RIs to elicit information and offer advice as appropriate.
• Complete desktop KPI and or risk monitoring.

Qualifications

• We are looking for candidates who can bring a wealth of compliance experience, including monitoring.
• You will have obtained your Level 4 diploma in Financial Planning/Advice, this is an essential requirement for the role.
• The ability to follow compliance rules and enforce the standards as directed by the network.
• You’ll be able to display sound judgment when assessing risks and developing risk reports.
• You will have a strong personal identity and corporate focus as well as being an excellent team player who is an excellent verbal and written communicator.
• Have a strong analytical approach with an inquisitive nature.
• You will possess strong attention to detail with an ability to understand and link risk indicators.

Benefits

• Holiday: 182 hours (26 days)
• Quilter Incentive Scheme: All employees are eligible to participate in incentive scheme, to incentivise business performance and their contribution.
• Pension Scheme: A non-contributory company pension scheme that can be boosted through personal contributions.
• Healthcare Cash Plan: Jersey employees only.
• Benefit Allowance: A cash benefit allowance is payable in lieu of some of our core benefits.
• In addition to our core benefits, we offer a range of flexible benefits to UK employees that you can choose from and pay for conveniently via a salary deduction.