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Professional Investment Services (PIS) is recruiting for a number of people to fill key compliance, research and product development functions within its head office.
The group, Australia’s largest independently-owned dealer group, is recruiting for national managers for its monitoring and supervision and research functions, as well as for its adviser relations and ‘network development’ functions, among other roles.
The four national manager roles on offer are all located at PIS’ head office in Bundall on the Gold Coast.
In advertising for the national manager, monitoring and supervision role, the group pointed to its “newly redefined compliance regime”, adding the appointee would be “a key driver in reshaping and strengthening our position in the financial services arena”.
The key compliance role is responsible for planning, managing and overseeing the audit team as well as developing “targeted audit programs as part of the remedial action process”, the job ad stated. This includes “identifying systemic issues and creating action plans involving key stakeholders for the rectification of issues”.
PIS is also looking to replace its long-standing research manager. That person would be responsible for overseeing the research team, which is responsible for managing the group’s Approved Product List, providing comprehensive risk analyses and recommendations to the investment committee, and reviewing tax effective projects and rulings, among other tasks. PIS said the person appointed to this role would also work with “partners to develop joint venture products in response to network and client demands”.
The dealer group is also recruiting for national managers for its adviser relations and ‘network development’ functions.
In advertising its newly-created ‘network development’ role, PIS pointed to its scale, attributing this in part to its “strong strategic relationships with our product providers”, in addition to its services to its network members.
“We continue our success through creative and targeted growth strategies – always reinventing and developing new revenue sources for the market we work within,” the PIS advertisement stated.
“This role is pivotal to the sustained future growth of the company and requires the successful appointment to drive the advice team to deliver recruitment and growth goals through promoting the unique PIS business methodology and culture,” the ad stated. “This role requires continued development, enhancement and promotion of the business proposition to professional bodies to ensure the continuation of our market-leading position.”
The adviser relations executive will take responsibility for PIS’ continuing professional development programs, accreditation and appointment processes, compliance communication and PIS’ in-house paraplanning service, among other responsibilities.
PIS managing director Grahame Evans said the group had been undertaking a restructure following the appointment of Kelly Wyman as group general manager, services, in September last year. Evans said that under the restructure, a number of existing roles had been changed or made redundant and new roles created.
Wyman joined PIS from BT Financial Group. At the time of her appointment Evans said Wyman had strong skills from both a risk/compliance and a strategy perspective, in addition to experience dealing with the Australian Securities and Investments Commission and Australian Prudential Regulation Authority.
The group is also looking to appoint a person to an administrative role within subsidiary Australian Loan Company, which PIS described as its “rapidly growing mortgage aggregation company”.
PIS is also recruiting for a number of roles on behalf of its practices, including financial planning, paraplanning and advice support roles in Melbourne, Sydney, Queensland and South Australia, as well as operations roles in Adelaide and Sydney.
