Litigator - Unregulated Collective Investment Scheme - Sheffield, United Kingdom - SSB Group

SSB Group
SSB Group
Verified Company
Sheffield, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Job Purpose


The UCIS Litigator is responsive for effective file handling and client care in pursuing a claim for compensation on the Client's behalf.


Work Summary


Unauthorised or Unregulated Collective Investment Schemes are a form of investment where the fund manager takes a Client's investment and pools it with others using the total to buy stocks, bonds or property.

These Schemes fall outside of the Scope of the Financial Conducts Regulation and therefore when things go wrong the Client is unlikely to have any protection afforded to them by the Financial Ombudsman Service or Financial Services Compensation Scheme.


Types of issues which are known to arise:

  • Financial Advisor Misselling (nature of the investment, rate of return, charges and terms not explained)
  • Inadequate advice (risks, affordability)
  • Unsuitable investments made
  • Underlying assets not easy to sell at short notice so difficult to cash in
  • Scheme Insolvency
  • Conveyancing Solicitor negligence

Primary Duties

  • Run your own caseload to ensure that all claims are up to date and progressed in the correct time frame
  • Taking potential customers through a full claim assessment and fact find over the phone and assessing if they have had a financial loss and if a claim can be made.
  • To review incoming information and establish a possible claim route, whether that be an FSCS/FOS or litigation
  • Establish at the earliest opportunity an entity who a claim can be brought against
  • Checking all compliance requirements were on the file; ie. Research, AML evidence, Terms of Business
  • Request all relevant information from the relevant parties as soon as identified
  • Be proactive and use initiative when presented with problems or issues
  • Provide excellent customer service by regularly updating clients on the progress of their case, costs and answering any queries in a professional manner
  • Be proactive in your approach to the role by constantly researching the area of law you practice and keeping up to date with all relevant case law/industry updates

Attributes & Competencies Required

  • Required_
  • Excellent technical skills in the field of litigation, an ability to make a considered judgement call and a proven history of meeting and exceeding client expectations.
  • Organisational and prioritising skills are also essential to meet the demands of challenging internal and external clients.
  • Good teamwork skills and the ability to communicate effectively with people at all levels are essential.

Job Types:
Full-time, Permanent


Salary:
From £35,000.00 per year


Benefits:


  • Company pension
  • Referral programme

Schedule:

  • Monday to Friday

Work Location:
In person

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