Trainee Compliance Risk Analyst Apprenticeship
Interactive Investor, United Kingdom
Job Description
WHO WE ARE:
interactive investor is an award-winning investment platform that puts its customers in control of their financial future.
We’ve been helping investors for over 25 years. We’ve seen market highs and lows and been resilient throughout. We’re now the UK’s number one flat-fee investment platform, with assets under administration approaching 55 billion and over 400,000 customers.
For a simple, flat monthly fee we provide a secure home for your pensions, ISAs, and investments. We offer a wide choice of over 40,000 UK and international investment options, including shares, funds, trusts and ETFs.
We also bring impartial, expert content from our award-winning financial journalists, highly engaged community of investors, and daily newsletters and insights.
WHAT WE STAND FOR:
It’s simple we want our customers to feel confident and in control, for interactive investor to go from strength to strength, and for ii to be a workplace where we can all thrive. Our customer-driven approach and bold values sit at the heart of this. We are honest, straight-talking, and transparent with our customers and our colleagues. We are decisive and take ownership of what we say and deliver. We are ambitious and passionate about what we believe is right for our customers, our teams, ourselves, and interactive investor.
ABOUT THE ROLE:
All financial services organisations must meet a wide range of compliance and risk requirements set out in legislation and various regulatory requirements. As a regulated financial services business, ii complies with a wide range of regulatory requirements and has clear processes to manage the risks we face. The Trainee Compliance amp; Risk Analyst will join the ii Compliance amp; Risk Function and support delivery of its key annual objectives. You will work closely with the team, interpreting and analysing data, advising the business, maintaining records and monitoring and oversight of adherence to compliance requirements.
This entry-level role will require sound ethical standards, together with good communication and influencing skills as there can be differences of opinion between business and the Risk and Compliance Function on appropriate action to take. Working across the Compliance amp; Risk Function, you will source and review information, assess risks to ii, and support the business to address risks and agree mitigating actions to ensure ongoing compliance.
KEY RESPONSIBILITIES/WHAT YOU’LL DO:
- Develop a broad understanding of the financial services legal and regulatory framework impacting ii, as well as the implications of non-compliance
- Develop an understanding of ii, how the business operates, and the products and services we offer
- Provide effective challenge and advice to the business as required on matters of risk and regulatory requirements
- Support and oversee the business in the identification, assessment and management of risks through in-depth analysis of Management Information and assimilating the information in order to assess risk to ii
- Develop and undertake risk assessments across a broad range of topics
- Working with the business, you will follow up on actions and validate evidence provided to close events and actions
- Responsible for maintaining effective records and where required, producing monthly reports
- Building and maintaining effective stakeholder relationships
Salary: 26,500
Assessment centre dates: April 2024
Start date: Monday 2nd September 2024
Please note, this role can be based in our Manchester or Leeds office.
ABOUT THE APPRENTICESHIP:
As a Trainee Compliance amp; Risk Analyst, you will develop the technical knowledge plus the professional skills and behaviours to work within our Compliance function, gaining valuable work experience plus achieving a qualification through a structured apprenticeship programme to kick-start your career.
Through the level 3 Compliance/Risk Officer apprenticeship, you will learn the skills required to ensure the business meets legislative and regulatory requirements. The training will be provided by Fitch Learning, who will deliver the apprenticeship. Within your development program, you will learn and grow technical knowledge in the following areas:
- Understanding the Risk and Compliance framework understanding of the Financial Services legal and regulatory framework where you will recognise the role of the different regulators and learn the implications of non-compliance
- Risk and compliance policies and procedures you will gain a sound understanding of the specific risk and compliance requirements for your role, including both the legal/regulatory requirements, and the policies/procedures used by ii to im