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Compliance analyst

London
WealthKernel
Compliance analyst
£40,000 - £60,000 a year
Posted: 2 October
Offer description

About The Company
WealthKernel is a VC-backed, award-winning FinTech company that specializes in the Wealth Management industry. With a commitment to making financial services better and more accessible, WealthKernel is an API-first technology company on a mission to become the AWS of savings, investment, and pension infrastructure.

About the job:

The Compliance Analyst (Financial Promotions) will support the firm's Compliance team in ensuring that all client communications, marketing materials, and financial promotions comply with FCA rules (COBS and COBS 4 in particular), UK MiFID regulations and internal policies. The role will have a specific focus on derivatives and complex investment products, providing support to business teams and helping to ensure that promotions are appropriate, fair, clear and not misleading.

Key Responsibilities

* Review and Approval

* Assist in the review of financial promotions and marketing material (digital, print, social media, websites, client communications), with particular emphasis on derivatives ensuring compliance with FCA and MiFID rules.

* Maintain records of all promotions and related approvals in line with FCA record-keeping requirements.

* Monitoring & Control

* Support monitoring activities relating to financial promotions, identifying potential risks or breaches, especially in derivatives marketing.

* Assist in maintaining the firm's Financial Promotions Register.
* Monitor external communications to ensure consistency with regulatory standards and approved content.

* Advisory & Support

* Provide guidance to business teams on compliance with financial promotions rules.

* Help develop training materials and deliver basic training to business teams on compliant communications for complex products.

* Policy & Process

* Support the maintenance of the firm's Financial Promotions Policy and related procedures.

* Assist in identifying improvements to compliance workflows for promotion review and approval.

* Regulatory Engagement

* Assist in preparing management information (MI) and reports for senior management, including information required by regulators.

* Keep up to date with regulatory developments relating to financial promotions, derivatives, and complex instruments.

Requirements
Requirements

* Strong attention to detail and ability to spot compliance issues in written materials
* Experience reviewing MiFID product promotions, with a particular focus on derivative backed investments
* Good written and verbal communications skills
* Ability to work collaboratively with different business areas
* Organised, with good record-keeping and time-management skills
* Demonstrable interest in financial services and compliance
* Strong track record of using digital collaboration tools (Slack, Google Meet, Notion, Jira, etc.) to manage projects, share updates and maintain transparency while working remotely
* Proven ability to work independently, manage priorities, and deliver results without direct supervision, including experience working with asynchronous workflows

Nice-to-haves

* Degree in Law, Finance, Economics, Business or related field
* Knowledge of the FCA Handbook, particularly COBS, COBS 4 (financial promotions), derivatives rules and the FCA's Consumer Duty
* Prior experience (internship or entry-level role) in compliance, legal or risk within financial services
* Familiarity with digital marketing channels and associated compliance challenges
* Experience working in a fully remote or hybrid environment

Benefits
Why us?

* We believe in transparency and empowering people.
* We want you to challenge us and also to accept being challenged.
* We want you to learn from your mistakes. We want you to propose and try new things.
* We believe in results. We don't micromanage. We trust you.
* You will have the opportunity to grow and develop your skills into new areas while working in an open, creative, and collaborative environment.
* You will work hands-on with experienced professionals who will always be one click away from you if you need their help.

Company Benefits

* Working in a multicultural environment
* A positive and collaborative working culture
* Competitive pay package
* 22 days of holidays (plus bank holidays)
* Remotely based position (forever)
* Company team retreats

If you have the confidence, energy, and passion to take on this challenging people role and join a unique firm, please get in touch

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