Business Assurance Support (12-Month Fixed Term Contract)
Location: Edinburgh
Salary: Up to £38,000
We are looking for a proactive and detail-oriented Business Assurance Support to join our team on a 12-month fixed-term contract. This role will support the Business Assurance Manager in identifying risks, supporting advisers, and ensuring compliance across the group.
Key Responsibilities:
* Collate and analyse adviser suitability results (ongoing and new) and implement further reviews where required to maintain quality and compliance.
* Support the Business Assurance Manager in monitoring advisers’ ongoing suitability, highlighting exceptions, overdue reviews, and escalating issues where necessary.
* Assist advisers requiring additional support through Adviser Improvement Plans, conducting pre- and post-file reviews, and liaising with the T&C Manager as needed.
* Liaise with the Risk & Compliance team and external parties on advice construction and monthly file checks across the Private Client Team.
* Carry out spot checks on various team processes (e.g., New Business Register, Pipeline) to identify risks or training needs.
* Review and update the Adviser Procedure Manual, ensuring processes and responsibilities (e.g., Vulnerable Clients, PEPs, Fee Discount Register) are clear and up to date.
* Develop and deliver training plans for new advisers, ensuring full understanding of procedures and regulatory responsibilities.
* Coordinate monthly Business Assurance Meetings, raising risks and ensuring follow-up actions are completed.
* Stay up to date with FCA rules and regulations, providing support on Consumer Duty and Product Governance when required.
Knowledge & Experience
* Strong understanding of suitability advice file standards.
* Good knowledge of the UK regulatory system, particularly advisory-related areas.
* Minimum of 3 years’ experience in the Financial Planning & Investment industry.
* Working knowledge of Xplan (preferred).
* Proficient in Excel and data handling.
Qualifications
Level 4 Diploma in Financial Services (or working towards this) or equivalent.
This is a fantastic opportunity to play a key role in maintaining compliance, supporting adviser development, and strengthening business assurance within a professional and forward-thinking team.