Wealth Management Assistant
Coventry/Hybrid working (MUST be a driver)
Salary up to £40,000
NJR is currently working with a well-established Wealth Management practice who provide a professional and bespoke Wealth Management service to their Private Client's, Business Owners, Trustees and Sports professionals and now have an excellent opportunity for an ambitious Wealth Management Executive to join their highly successful practice. The purpose of the role will be to provide administrative support to the Principal Partner to ensure that the relationships between the Practice and Private clients can be optimised. Maintain existing business with current clients, grow business relationships with current clients, and assist in bringing new clients on board. To support the Principal Partner when informing and advising clients on the financial strategies, plans and products, and organise the technical task, illustrations, and reports.
The role will involve supporting their top performing Advisors, you will ned to have industry related experience to be considered for this role and be fully confident in processing new business and also able to adapt to a fast-paced working environment.
Our Client offer a friendly working environment and culture, who also promote and encourage development within the business.
Responsibilities
o Support clients/Adviser by researching and analysing clients' requirements.
o Prepare new business files, with the use of an external Paraplanner (where appropriate) taking full responsibility for the client files and back-office IT records throughout the advice process.
o Deal effectively with queries from clients and other parties through effective communication.
o Help clients better understand the full potential of our products.
o Provide client/Adviser support in relation to existing client needs including but not limited to preparing valuations, withdrawals, deceased clients, change of address, change in client circumstances, pension sharing orders.
o Provide support as required to all departments within the Practice, including the Management team.
o Support the Practice to ensure the end-to-end business process is adhered to and tracked efficiently in line with Practice and regulatory standards.
o Fully analyse clients' requirements, develop, where appropriate, cash flow models and accurately record client data.
o Research and analyse financial products to meet client requirements and objectives.
o Construct financial planning solutions investment, retirement, tax and estate planning supported by the production of computer models and reports.
o Prepare client reviews, updating cash flow models, investment performance reviews and production of supporting reports, discussion documents and computer models.
o Deal with general client queries and attend client meetings with the Partner if required.
o Work with other practice colleagues to ensure application and provider forms are prepared as required and clients are updated throughout the process.
o Work within and stay up to date with template changes and advice notes.
o Process New Business in line with SJP compliance guidelines.
o Maintain accurate records of all client contact.
o Answer incoming calls in a professional manner.
o Provide an excellent level of customer service to Practice clients.
o Adhoc project work that may be required from time to time.
o Any other reasonable tasks that may be required by the Business.
Knowledge and experience:
o Previous paraplanning experience within an IFA or Wealth Management environment.
o Minimum Level 4 Diploma PFS qualified or working towards it (or FPC qualified with significant industry experience).
o Familiar with all major research systems (e.g. Analytics, Voyant etc.)
o Experience of the Pension Transfer market, a knowledge of Final Salary Pension Transfer market would be desirable.
o Experience of the administration of IHT and/or Investment products.
o Demonstrates up to date knowledge of relevant regulation and legislation.
Skills and behaviours:
o Able to transpose information accurately.
o Strong numeracy skills.
o Comfortable using templated Suitability Letters.
o Confident in dealing with third parties and can work with total discretion.
o Highly organised with excellent communication skills.
o Broad experience of Microsoft Office (Outlook, Word, PowerPoint, Excel).
o Exceptional attention to detail.
o Manages time effectively with the ability to multi-task.
o Keeps calm when faced with conflicting demands and handles these effectively.
o Demonstrates a positive attitude at all times.
o Works well on own tasks as well as on shared goals as part of a team.
o Enthusiasm to help clients.
If this sounds like you apply directly or for further information speak to one of our specialist consultants quoting reference NJR15881
