By the 31st March 2021 solo regulated firms under SM&CR will have to ensure that certified staff are fit and proper (F&P) to do their roles. The FCA FIT handbook provides some guidance to firms how this is to be achieved, but it will be the responsibility of your firm to assess whether your Certified staff are competent, capable, financially sound, and honest. Some of these concepts may seem difficult to define and will inevitably lead to questions as to how the regulators expectations should be interpreted for example, ‘when does poor performance become incompetence?’ Firms need to ensure that staff understand their responsibilities and are competent to carry out F&P assessments against clear standards, building a portfolio of evidential findings.
Critical to ensuring that your firm gets the F&P assessment of your staff right first time, is the training and developing your managers and supervisors to become effective F&P assessors, particularly in the area of assessing competence and capability. This workshop addresses the published findings in this area of the FCAs stocktake report of August 2019.
In this live online learning sessions (comprising of 2 x 2.5-hour sessions) we will help you:
• Define competence and capability
• Develop the skills to observe, listen and capture evidence all at the same time!
• Conduct a feedback session
• Build a portfolio of evidence to demonstrate an individual’s competence and capability
• Build a development plan that is SMART.
Who should attend?
Anyone who is about to be or has been recently appointed into a role that requires skills in assessing the competence and capability of others. It can also serve as a refresher for those in existing positions.
It is ideal for those caught within the scope of the Certification Regime performing a role of supervisor and/or are responsible for the assessment of another individual’s fitness and propriety.
This live online course (comprising of 2 x 2.5-hour session: session one 9.00am -11.00am, session two 2.00pm-4.00pm) is not your typical webinar session. Our live online courses are active, discussion-based learning experiences that use interactive exercises as you move back and forth between the main session and small group breakout rooms. To ensure you get maximum value from this course we limit online course numbers to 12 delegates. For your convenience, this online session will be recorded and available for you to review on-demand.
Meet your Trainer:
Lynne has extensive experience of Financial Services working within a variety of roles in the Retail sector before moving into the world of regulatory consulting. She specialises in the interpretation of FCA regulation and the impacts on people. This includes the design and development of training and competence frameworks, the Senior Managers and Certification Regime (SM&CR), identifying and managing conduct risk and the development of culturally aligned pragmatic policies and processes.
Lynne also has a highly successful record as a leader and developer of people providing a strong awareness and understanding of what is takes to be an effective supervisor.
A highly effective coach with a proven record in operational HR and L&D Lynne recognises the need to ensure solutions are easy to understand and effective; and is able to deliver high quality commercial outcomes.