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Wealth administrator

Slough
J A McGlynn
Posted: 19 March
Offer description

My client are a global Wealth & Investment Management business with over £20bn AUM.


Due to internal promotions and continued growth within the business, they now have 2 opportunities for Wealth Management Administrators to join their illustrious team, in a role paying between £35-40k, dependent on experience.


We are looking for driven and ambitious individuals, who are keen to progress into Paraplanning and furthermore, Advising clients. This is a role with fantastic client facing exposure and medium and long-term development opportunities.


Responsibilities:


Client Onboarding

* Supporting clients and intermediaries throughout the onboarding lifecycle, including but not limited to;
* Preparing account opening documentation
* Assisting clients with documentation completion
* Advising clients on Source of Wealth and KYC requirements
* Monitoring progress of account opening and providing regular updates to both clients and client owners
* Communicating with external service providers including but not limited to; third party custodians, pension providers and incumbent custodians
* Assisting in the co-ordination of new assets being transferred into client accounts
* Co-ordination of credit documentation and requirements for mortgage and lending when required
* Completion of simple tax forms when required
* Ensuring that client account opening packs are compliant and up to date when required


Client Servicing

* Processing client requests, including but not limited to;
* Withdrawals
* New account set ups
* ISA subscriptions
* Transfers of assets
* Account closures
* Answering ad-hoc queries from clients and their external advisers
* Producing reporting documents for client mtgs using Excel and PowerPoint where required
* Responsible for setup of quarterly valuation letter mailout where required
* Requesting documentary evidence and processing changes to client circumstances
* Recording new client assets in centralised pipeline tool
* Maintaining CRM client data as required
* Ensure all key documents on the CRM are up to date and compliant; including but not limited to ATR, Fact Find and DMA
* Assist in the completion of annual suitability reviews


Experience:


* Minimum of 12 months in a similar support role within Financial Planning, Wealth Management, Private Banking or IFA
* Some progress towards CII or CISI exams will be advantageous
* A committed and driven attitude to grow and succeed within a dynamic business environment

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