IFA Administrator

Bond Recruitment is delighted to be recruiting for an IFA Administrator on behalf of our client, a very well established and respected firm of Independent Financial Advisers in Liverpool.


The role of the IFA Administrator is to support the Client Manager and Financial Planner. You will assist the Client Manager to allow them to prepare recommendations and suitability reports in line with company policy, including preparing and maintaining client records.


You will also assist the Client Manager with the client review process both pre- and post-meeting.

Requirements

Key Responsibilities
Supporting the Client Manager team in research and analysis to meet client needs and objectives
Supporting the Client Manager team in preparing client suitability and cash flow reports
Help maintain business flow
You may at times be required to assist and provide support with administrative functions, for example: new business processing, income matching, collating and providing management information and organising future planning meetings with the client on behalf of the Financial Adviser / Client Manager.
Liaise with product providers and other third parties to acquire additional information that may be required in order to assess the clients needs and to formulate recommendations.
Assist in identifying areas for planning and sourcing solutions suitable to meet the clients needs and objectives. This will include assisting in the preparation of tax calculations where necessary.
Obtain information, quotes, illustrations and product details, and provide comparisons for analysis.
Preparing client financial reviews
Support the Client Manager in managing the research and analysis of financial products to meet client requirements
You will commit to continuous personal development, keeping knowledge up to date and retaining supporting records for review.
Ensuring that any business conducted is done in a responsible and compliant manner, meeting all legislative requirements, both internally and externally.

Nature and scope of responsibilities


Preparing and compiling financial analysis data
Analysing client data and preparing cash flow analyses
Researching products to support recommendations
Assist the Client Manager in compiling financial planning recommendations and suitability reports
Ensuring that all regulatory and compliance standards are met, complying with the Financial Services and Markets Act 2000, the FCAs Conduct rules / FCA Statements of Principle & Code of Practice and the relevant rules from the FCA at all times.
Liaising with product providers and other relevant third parties
Ensuring that all client requirements are followed through to the appropriate conclusion
Managing, recording and monitoring client reviews on behalf of the Adviser and Client Manager
Assist the Client Manager to deal effectively with queries from clients through effective communication, ensuring a high-quality client experience at all times
Organise future planning meetings with client when required
Identify improvements to systems and work processes in the business
Providing support to the Client Manager allowing them to focus on compiling the
suitability report
Working with both the adviser and client in implementing and maintaining the Personal
Finance Portal (PFP) via Intelliflo




Core competencies


Desire to take more responsibility
Keenness to develop and progress
Attention to detail
Efficient
Client focussed
Can do attitude
Eagerness to learn




It is important that the Client Manager and Client Manager Support work well together as a strong team, offering assistance to clients irrespective of whether or not the Financial Planner is available. You may be expected to cover for colleagues who are absent.


The role holder may, from time to time, be required to undertake reasonable additional or other duties as are necessary to meet the needs of the business.