Financial Services Administrator - Wolverhampton, United Kingdom - NGen Financial Planning

Description

You will lead the preparation of suitability reports for approval by the Financial Adviser, in line with company policy, and prepare associated documentation as required.

• Responsible for daytoday paraplanning tasks identifying what's required, where client cases have information missing or outstanding actions. Then working with the advisers and administrative team to obtain this information and subsequently writing a suitability report ready for adviser approval.
• Record any client communications (whether that communication is written, oral or electronic) including client related communications with third parties. Client communications and client related communications are required to be recorded on the client's file in line with company policy in clear and intelligible English.
• Assist in identifying areas for planning and sourcing solutions suitable to meet the client's needs and objectives. This will include assisting in the preparation of tax calculations where necessary.
• 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.
• Where necessary you will liaise with product providers and other third parties to acquire any additional information that may be required in order to assess the client's needs and to help formulate any recommendations made by the adviser.
• On occasion it may be necessary to deal with technical queries from clients.
• You will commit to continuous personal development, keeping knowledge up to date and retaining supporting records for review.

• It is important that the Financial Advisors, Paraplanners, Administrators work well together as a strong team, offering assistance to clients irrespective of whether or not the Financial Adviser is available. You will be expected to cover for colleagues who are absent.

• Financial Administration planning Experience.
• Technical knowledge may be validated from time to time through internal assessment.
• To pass probation there are a series of short compliance, money laundering and basic knowledge tests.

• Detailed technical knowledge and understanding of Financial Services within an IFA environment.
• Financial Administration planning Experience
• Able to write two multipension and investment suitability reports per week, or 5 simple suitability or review reports per week.
• Able to complete prereport file assessments.
• TVC experience.
• Excellent attention to detail and technically minded.
• Aptitude for working with our dedicated Administration support team.
• Must have previous experience of producing Pension Reports, switch analysis, cash flow forecast reports.
• Required to have regular contact with the Adviser to discuss the client's needs and objectives.
• Able to ensure that all compliance standards are met.
• Ensure all report templates are regularly updated in line with legislative and/or product changes.
• Having case ownership from start to finish.

• Previous experience using reporting software i.e Intelligent Office, Defaqto, FE analytics and other research tools.

• 8 hour shift

• Wolverhampton, WV1 4BL: reliably commute or plan to relocate before starting work (required)