We are currently recruiting for a Financial Planning practice in Kingston who are looking to recruit a Financial Planning Administrator. They are looking for someone with at least 2 years of IFA admin experience and can hit the ground running. This individual needs to be very organised, confident in dealing with clients and good literacy skills are essential.
They will support anyone who would like to progress through their CII exams and there is the potential for future progression to paraplanner or adviser positions.
The Financial Administrator will work either individually, or in unison with a Financial Planner, to ensure that all the clients receive a high level of service. The Financial Administrator will be responsible for the following tasks: -
1. Maintaining the client file
2. Implementing recommendations
3. Client review preparation
4. General office administration duties
Maintaining Client Files
The Financial Administrator will be responsible for organising the client file. The Financial Administrator’s specific duties will include the following tasks: -
5. Maintain client file and ensure all correspondence is scanned and filed accurately
6. Check all required compliance paperwork is present
7. Discuss client objectives with planner
8. Establish and build strong relationships with clients and coordinate with other Administrators to ensure agreed file administration tasks are completed accurately and within timescales agreed with adviser
Implementing Recommendations
The Financial Administrator will be responsible for implementing agreed solution(s) between the client and the Financial Planner. The Financial Administrator’s specific duties will include the following tasks: -
9. Complete application/proposals forms are completed before sending to provider
10. Ensure all compliance paperwork required for application is in order and certified before sending to provider
11. Where possible, liaise with the provider to resolve any issues regarding new business applications to ensure quick resolution of any problems which might arise
12. Keep a record of new business application and status of applications
13. Make changes to clients’ investments, agreed between the Financial Planner and client
Client Reviews
The Financial Administrator, alongside the Financial Planner will act as a point of contact and deal effectively with queries from clients and other parties. The Financial Administrator’s specific duties will include the following tasks: -
14. Prepare client valuations, available cash reports and fund comparisons reports for analysis by Financial Planner
15. Obtain valuations from providers for client reviews
16. Attend client review meetings with Financial Planner, if required, to build a connection with clients and support financial planner during the meeting
17. Communicate with clients to obtain information about client assets not managed by the company for review and revision in advance of next client review meeting
Key Skills/Experience required
Essential
18. Minimum of 2 years’ experience in a financial administration role
19. Able to work within defined business processes and achieve agreed outcomes without supervision
20. Ability to multi-task, prioritise and plan own workload without direct supervision
21. Good eye for detail and accuracy
22. Excellent inter-personal skills, both written and verbal
23. Good IT, administration and office skills
24. Ability to work independently or as part of a team
Desirable
25. Knowledge of financial services products and planning solutions
26. Willingness to study for CII Diploma qualification, or equivalent, should they wish to become a Paraplanner or Financial Planner
Qualifications
Essential
• GCSE’s grade 'C’ (4) or above in English, Mathematics, ITC and Science
Desirable
• Part qualified in CII Certificate in Financial Services, or equivalent
•GCSE’s grade 'C’ (4) or above in English, Mathematics, ITC and Science•GCSE’s grade 'C’ (4) or above in English, Mathematics, ITC and Science•GCSE’s grade 'C’ (4) or above in English, Mathematics, ITC and Science