Business Assurance Support (12 months FTC)

Other
Midlothian
October 18, 2025
Permanent
Urgent

Job Description

Responsibilities

  • Collate and analyse adviser suitability results (ongoing and new) and implement further reviews where required to ensure quality and compliant files.
  • Support the Business Assurance Manager ensuring each adviser is managing their ongoing suitability including overdue and exceptions providing the relevant MI and escalate any issues or concerns when required.
  • Support advisers who have been identified as requiring additional support through the Adviser Improvement Plans and undertake file reviews pre and post when required, liaising with the T&C manager when required.
  • Liaise with the Risk and Compliance team and any external parties in relation to advice construction and the management of monthly file checks across the Private Client Team.
  • Monitor and provide spot checks on various processes across the team to identify any potential issues or training needs e.g. New Business Register, Pipeline.
  • Review and update the procedure manual for advisers which should cover all the relevant processes, responsibilities the adviser should carry out e.g. Vulnerable Clients, PEP’s, Fee Discount register
  • Create and carry out the training plans across any new advisers internally or externally ensuring they understand the procedure manual and their responsibilities.
  • Review and update the Bottom-up Risk Map (BURM) on a regular basis identifying the risks and controls.
  • Coordinate the monthly Business Assurance Meetings ensuring any risks are raised and the appropriate action taken across the PCT & Amicus Management Teams.
  • Support the PCT & 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.
  • Participation in projects and relevant business initiatives as and when required.
  • Ensure the 7IM Vision, Purpose, Values and Personalities (VPVP’s) are followed across the team.
  • Subscribing to 7IM’s declared Mission and Tenets & to Treating Customers Fairly (TCF) initiatives.

About You Skills

  • Effective stakeholder management tailoring your communication based on the stakeholders preferences, expectations and needs.
  • Accuracy, thoroughness & attention to detail to maintain the highest levels of service.
  • Good communication skills, both oral and written.
  • Resilience to manage conflicting priorities & demands, ambiguity & demanding workloads.
  • Ownership & Initiative.
  • Ability to ensure we are meeting our regulatory obligations whilst maintaining a focus on efficiency.
  • Ability to provide fair and consistent feedback in a concise and timely manner (written and oral).
  • Client focused, delivering a high standard of client service.

Knowledge

  • Good working knowledge of suitability advice file standards or being involved with these
  • 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 would be a preference
  • Proficient in Excel

Qualifications

  • Qualified or working towards Level 4 Diploma in Financial Services or equivalent

Location

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