Acquisitions File Review Officer
Perspective Financial Group Ltd / Group Regulatory & Compliance
Job Description
- To check the suitability of advice from target acquisition firms to a high standard in line with the Regulator’s expectations.
- To check Periodic Suitability Assessments in line with MIFID II requirements.
- To assist the due diligence team in understanding the target firm’s advice and client review process.
- To highlight key risks associated with a target firm’s advice process & potentially unsuitable cohorts of business within a firm’s new business back book.
Job Requirements
- Minimum of 3 years financial services industry experience, preferably in a file review/technical specialist role.
- Diploma in Financial Planning (or equivalent).
- A range of qualifications in ‘specialist’ areas e.g. Long Term Care, Equity Release, Mortgages, Pension Transfers.
- Excellent attention to detail and analytical ability, with a high standard of both written & verbal communication skills.
- Highly organised with the ability to work to tight deadlines, when required.
- Working knowledge of the UK regulatory framework.
- A desire for continuous improvement and improving technical knowledge.
- Analytical thinking and problem-solving skills.
- Showing initiative, with a proactive approach to tasks.
- Confidence with IT and office software packages including Teams, Outlook, Word and Excel.
- Having an inquisitive nature.
- Flexibility / adaptability to cope with change.
- A team player with a positive attitude.
Job Responsibilities
- To undertake client file reviews in line Group procedures covering a wide range of advice types including pensions, investments, mortgages, equity release, IHT planning and protection.
- Work to resolve material information gaps and reach an assessment of suitability.
- Using case file evidence to produce detailed feedback documenting the results of file checking and a target firm’s advice processes.
- Assisting the due diligence team in understanding the target firm’s advice and client review process.
- Highlighting key risks associated with a target firm’s advice process & potentially unsuitable cohorts of business within a firm’s new business back book.
Job Benefits
25 days holiday (rising with length of service) plus Bank Holidays, Holiday Purchase Scheme, Birthday Leave, Life Assurance, Corporate Eyecare and Extras Discount shopping discounts.
