Consultant Digital Finance

ABOUT US.

Cosegic is a market-leading compliance consultancy, setting the standard for regulatory excellence in the UK and beyond. We support firms through every stage of their regulatory journey; from FCA Authorisation to ongoing compliance strategy, prudential oversight, health checks, and complex regulatory projects. Our offering is enhanced by innovative online training and our proprietary compliance software, PortALL.

With a team of industry-leading experts working in highly specialised teams, we serve over 800 clients across a broad spectrum of the financial services sector. Our client base spans investment firms including hedge funds, private market firms, corporate finance advisers, and brokers alongside capital markets participants, wealth managers, payment service providers, crypto asset firms, consumer credit businesses, and insurance and lending institutions.

As we continue to grow, we remain relentlessly focused on driving innovation, setting new standards in compliance, and empowering our clients to thrive in an increasingly complex regulatory landscape.

OUR PEOPEL.

We are proud to be a certified Great Place to Work employer. The investment in our people is our first priority, they are what make the Cosegic difference. We foster a culture of Ambition, where people are encouraged to grow and push boundaries; Alliance, where collaboration and trust are at the heart of how we work; Authenticity, where individuals are valued for who they are and can speak openly and honestly; and Agency, where everyone is empowered to take ownership and make an impact.

We are a diverse and inclusive team that supports each other, without egos, politics, or silos. We work hard to create an environment where everyone feels respected and heard, because this brings out the best in our people and the best service for our clients. We are committed to helping our clients win, by delivering innovative, expert solutions and building lasting partnerships rooted in trust and excellence.

DIGITAL FINANCE.

Having been involved in the development of the underlying regulatory rules and guidance for the Payments sector, we are extremely well-placed to advise and support firms across the payments landscape. This includes working with all types of firms, from small money remittance firms working in the migrant remittances market, to FX firms, card acquirers, innovative FinTech firms looking to exploit the opportunities afforded by PSD2 and open banking, e-money firms looking to challenge the services offered by traditional banks, through to banks themselves.

SUCCES FACTORS.

Learn and be part of at least two Subject Matter Leader (SML) groups.

Work towards having retained clients you are the Lead Consultant on which in aggregate are at least 2.5 times your base salary. You should be Consultant 2 on clients which are of a complexity or type which broaden your knowledge and experience such that as you mature as a Consultant, you can become the Lead Consultant relative to those clients.

Chargeability of at least 75%.

Have a clearly documented development plan as to what you will learn, how and when.

Your clients should be serviced as per their contractual terms and within an agreed profitability range.

ROLE PURPOSE.

The purpose is to play a leading role in providing best-in-class consultancy services to our clients.

To ensure our clients are beyond satisfied with the quality of services they have engaged the firm for, and we deliver on our contractual commitments.

To develop and own client book and maintain a professional network from which to leverage guidance/advise on potential commercial opportunities.

ROLE RESPONSABILITIES.

CLIENT

Manage and develop designated client relationships.

Deliver on work as detailed in the contractual scope of engagement to ensure a high-level of client satisfaction.

Provide support and guidance to clients in relation to FCA regulatory obligations.

Assist with or personally undertaking periodic compliance monitoring reviews and providing clients with formal reports.

Support clients with the completion of FCA periodic returns.

Ensure that established Quality Assessment procedures are followed, and which are in place for the team to ensure a high-level of client satisfaction.

Carry out work relative to firms that wish to apply for FCA authorisation, to vary their FCA Permission, effect a Change in Control or a Change of Legal Status.

Support and acquire knowledge by working with ‘Subject Matter Leader(s) (SML(s))’ on topics as agreed from time to time relative to providing technical advice to clients, the team, identifying commercial opportunities relative to regulatory changes, thought leadership relative to those topics and also any changes to our consulting methodology.

Inform clients of relevant changes in regulation and carry out, or direct, the updating of any relevant Manuals, policies, procedures and forms to enable the firm to comply with any new requirements.

Ensure your client chargeability target is met or exceeded.

Reviewing client marketing materials to ensure such meet regulatory requirements.

Agreeing and negotiating terms of new client instructions.

Be aware of time being booked to client engagements which you are Consultant 1, for with a view to ensuring that clients are serviced within acceptable profitability metrics. This includes where you may deploy an Associate Consultant on the account, or more senior management may be involved.

Provide clients with regulatory training, as agreed on the basis of established competence and capability.

TECHNICAL

Produce regulatory updates to clients on topics pertinent to the market.

Personally do or organise and oversee the creation of compliance documentation relevant to each clients' business as it is established and as it develops.

As agreed with your supervisor and/or the relevant SML lead, research specific technical issues and provide the results of that research to your colleagues and clients.

Provide thought leadership and assist with writing relevant articles for publication.

When providing any proforma to clients, ensure that only approved and current versions are used.

TEAM

Wider Team

Ensure collaborative working, living the Cosegic values to support a great place to work and to achieve our business goals.

Provide leadership, demonstrate visibility and professionalism.

Foster and maintain successful relationships with all stakeholders, ensuring their satisfaction.

Provide support, guidance and mentorship to Associate Consultants and Consultants to assist their personal and skills development.

Team Success

Ensure all people processes are adhered to, including preparing for your monthly one to ones and completion of performance reviews.

OPERATIONAL

Responsibility for own timesheet completion (CMP+), which should be updated after each task/as work is done with all to be completed at the end of the business day in order for the firm to monitor and measure client productivity.

Ensure all internal systems are up to date by maintaining relevant and appropriate records of all activities carried out including, but not limited to: Kantata, BambooHR, Salesforce, PortALL.

Be aware of, monitor and deliver on chargeability targets as relevant for your role and as agreed.

To support and recommend any improvements to the internal systems used by the team and the company.

BUSINESS DEVELOPMENT

Identify new business opportunities (cross selling) within our existing client base and in particular the clients you service.

PERSON SPECIFICATION.

Regulatory experience in a role gained in investment management, wealth management, broker/dealer firm, professional compliance services or regulatory services.

Relevant professional qualification.

Ability to ‘hit the ground running’ to take on established clients as part of a team.

Ability to advise on wide range of business models.

Awareness of the commercial aspects of consultancy.

COMPETENCIES.

TECHNICAL COMPETENCIES

Technical IT capability and advanced ability of Microsoft applications.

Ability to write policy and procedure.

Ability to write sales proposals.

Ability to research, write and present effective training material.

Deep Knowledge of FCA firm types.

Skilled in Compliance Monitoring, auditing, gap analysis and providing professional reports.

Skilled in the FCA Application process relevant to market.

Ability to interpret client business models and apply rules to them.

Knowledge of FCA Application and Variation of permission process.

Knowledge of FCA and EU regulatory frameworks, institutions, and internal operating structures for the market.

Knowledge of compliance risk frameworks and how to apply to various firms.

Knowledge and experience of project management.

BEHAVIOURAL COMPETENCIES

Communicates clearly – able to communicate concepts and plans to others ensuring complete understanding.

Customer service and relationship management – being client focussed, owning, responding to, and managing clients’ needs to deliver a fit for purpose solution.

Flexibility and accountability – ability to manage multiple tasks and prioritise accordingly while maintaining ownership of end result and demonstrates an ability to deal with unfamiliar and ambiguous issues and determine a suitable cause of action.

Leadership and integrity - setting an example for others to follow through leading by example. Actively displays behaviours in line with company values and ethics.

Manage self-development and learning - keep up to date on current and future developments within own scope of activities/field of expertise.

Operates well under pressure - able to prioritise, work to tight deadlines, manage multiple high priority tasks.

Personal impact - demonstrates an understanding of self, and the ability to understand how your behaviour can and does impact others and the firm. Able to modify behaviour to support and develop successful outcomes.

Planning and organising - demonstrates a pragmatic and organised approach to work and projects.

Results orientated - taking ownership of own work and supports others that of others ensuring deliverables are on time and to a high quality. Take a holistic view on the overall achievement of results against targets.

Strong written and interpersonal skills - advanced ability to liaise with many different stakeholders.

Negotiating - able to bring to bear experience of dealing with client and company expectations and providing solutions to meet these, without compromising own commercial position.

Horizon scanning - to anticipate markets and client requirements to ensure that advice, guidance, publications and training remain at the forefront of changing regulations.

Commercial management - taking a balanced yet commercial view on costs versus sales versus profitability, to ensure continued profitability of all work within own area/clients/team.

BENEFITS & PERKS

Competitive salary 

25 days annual leave

Hybrid working from our London, Cannon Street office

Ability to work from abroad (up to 21 working days per year)

Private Medical Insurance and Health Cash Plan

Unlimited one to one coaching with MoreHappi Coaching

Employee Benefits Platform, including Cycle to Work Scheme and Sodexo Spree Card

Tusker Electric Car Scheme

Employee Assistance Programme (including counselling sessions)

Pension Scheme

Learning and development opportunities

Volunteering, fundraising and fun company events

This is a full-time, permanent role worked Monday to Friday on a hybrid basis (2days/week at home and 3 days/week in the office). 

There is currently no deadline to apply, however, applications will be considered on a first come first serve basis and this opportunity will be closed once the right candidate has been found. We only accept applicant CVs from individuals who have the right to work in the UK.

Please note, we would like to thank all applicants for their interest in Cosegic. Due to the volume of applications received only those shortlisted will be contacted. If you have not received a response within 15 working days, please assume your application has not been successful.