Business Risk Consultant
- Recruiter
- ST Resourcing Ltd
- Location
- Newcastle Upon Tyne, UK
- Salary
- 50,000 - 60,000 per annum
- Posted
- 14 Jan 2022
- Closes
- 22 Jan 2022
- Ref
- 2813744007
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
We have an excellent opportunity for an experienced Business Risk Consultant to join an established Wealth Management firm based in Altrincham. Salary for this role c£55k plus £6k car allowance plus excellent benefits. This role will be home/client based and will involve travelling around England and up to Scotland.
A Business Risk Consultant will undertake business risk assessment, consultancy and support visits to a variety of financial service businesses and will help them understand regulatory risks relevant to their business, taking into account their short, medium and long term objectives. The Business Risk Consultant, on a consultative basis, will provide a firm with a bespoke and personalised report detailing the ways in which the risks can be mitigated.
Job requirements
Qualifications/Experience
A Business Risk Consultant will undertake business risk assessment, consultancy and support visits to a variety of financial service businesses and will help them understand regulatory risks relevant to their business, taking into account their short, medium and long term objectives. The Business Risk Consultant, on a consultative basis, will provide a firm with a bespoke and personalised report detailing the ways in which the risks can be mitigated.
Job requirements
- Be able to undertake a varied and challenging work load
- To act with professionalism at all times when dealing with clients
- To maintain up to date and accurate knowledge in all regulatory and legislative areas which might realistically be of interest to clients
- To undertake business risk assessments either remotely from home or at the client's premises, or any other locations to be agreed
- To prepare detailed and personalised written reports, and other appropriate documentation as appropriate
- To respond to compliance queries raised by clients, where possible, in a clear and concise manner and ensure that these responses are accurately recorded on the appropriate back office system
- Promote the services provided in a positive manner
- To be able to provide guidance to clients beyond compliance issues in areas that will have an effect on a financial services business such as Business Strategy and how to increase profitability
- Be able to identify clients where there are concerns which might realistically affect clients' ability to trade, or affect the client or the firm's ability to fulfil its commercial and contractual obligations to one another
- Be willing to undertake project work
- To advise the firm of any assistance required in order to meet these key requirements
- Maintaining internal records in regard to the interaction with clients including phone calls, emails and meetings.
- Maintaining records of ongoing training undertaken to confirm knowledge is being kept up to date.
- To follow the internal compliance procedures including meeting the minimum requirements set out for issuing reports to clients, dealing with queries and updating internal management documents.
- Delivers fee based support to firms under an appropriate contract for services
- Introduce firms to other departments or individuals within the firm for provision of services wherever possible.
- Maintains the firm's reputation as knowledgeable and professional in all areas of financial and business planning.
- Be willing to represent the firm at events.
Qualifications/Experience
- 5 years successful experience delivering consultancy services to the intermediary community
- Ability to manage and deliver a varied and busy workload
- Detailed knowledge of the regulatory framework
- Must have good interpersonal skills and be able to self-motivate and also be a team player
- Understanding of IFA processes and motivations
- Understanding of regulatory bodies
- Understanding of the need to blend commercial and regulatory obligations
- Full Driving licence
- Able to undertake extensive travel and occasional overnight stays.
- Level 4 qualified is essential
- Ability to manage and deliver workshops including presenting, leading discussions and exercises, one-to-one instruction, coaching and process interventions
- Credible speaker on general business issues
- A good understanding of business strategy
- Experience in dealing/liaising with Regulators
- Possible experience of working for the Regulator