£24K/yr to £26K/yr
London, England
Permanent, Variable

Finance Graduate - Paraplanner

Posted by Rapid Recruitment Services Ltd.

We are excited to be partnering with a leading wealth management firm to find a dedicated Client Service Administrator. In this role, you'll play an essential part in ensuring seamless client interactions and supporting our wealth management team by handling various administrative and service-oriented tasks. Here's what you'll be doing:

Key Responsibilities

Client Service:

  • Respond to incoming client inquiries, working closely with the Operations Manager to provide accurate, timely responses.
  • Address general client queries, manage related administration, and support client needs.
  • Prepare meeting packs for the Business Owner, ensuring alignment with the client service proposition.
  • Contact providers to obtain up-to-date valuations, contributions, and withdrawal data for meeting packs, and manage relevant calculations.
  • Update the CFR and CRM systems with client information, status changes, and meeting details, ensuring all records are current.
  • Process transactions such as switches and withdrawals, managing follow-up communications.
  • Coordinate with the Administration Centre for client policy details when required.
  • Manage address changes via the My Practice system and update the CRM.
  • Assist clients in registering for Online Services and support the Operations Manager as needed.
  • Complete application forms, Trust paperwork, Deeds of Assignment, and APTs.
  • Collaborate with the Paraplanner to ensure all client ID and AML documentation is current.
  • Maintain accurate prospect and client records within the Prospect Manager system to keep all accounts secure.
  • Keep clients updated on critical stages of their investments, liaising with both the Paraplanner and Operations Manager.
  • Handle basic client inquiries via the internal system.

Business Processing:

  • Issue letters of authority, monitor timelines, and ensure full completion for the Paraplanner's CYC calculations.
  • Update CFR with accurate valuations and information from ceding providers.
  • Prepare handover information for Paraplanners to facilitate report writing.
  • Coordinate with Paraplanners on report timelines and ensure timely submission of compliance documents.
  • Prepare and submit EBS applications and manage document storage.
  • Create illustrations, advice sets, and upload necessary documents to I-Business.
  • Draft simple suitability letters for top-ups and issue signed reports to clients.
  • Track pipeline cases to ensure they are completed and issued.

Team Collaboration:

  • Regularly update WIP (Work in Progress) alongside the Operations Manager and Paraplanner to ensure business processing aligns with service standards.
  • Prepare for and participate in WIP meetings to discuss workload and priorities.
  • Handle incoming post and manage actions via a task management system, logging call details as needed.
  • Participate in daily team sessions to coordinate tasks and priorities.
  • Take part in telephone duty rota during lunch breaks or team absences.
  • Conduct general administrative tasks, including scanning, filing, and e-filing.

Practice Standards:

  • Collaborate closely with the Operations Manager and Paraplanner to ensure efficient administration processes.
  • Maintain adherence to service level standards and company guidelines.
  • Support team members with urgent tasks as required, prioritizing workload effectively.
  • Practice a "clear desk" policy and ensure the secure shredding of confidential information.
  • Handle incoming calls professionally and in line with GDPR standards.
  • Attend relevant training courses to support professional growth.

Personal Attributes:

  • Professional and well-presented, with a background in financial services and customer service.
  • Basic understanding of financial products, with strong organizational skills.
  • Excellent communicator, both written and verbal, with great attention to detail.
  • Proactive and able to work independently within a fast-paced environment.
  • Flexible and adaptive to changing priorities, comfortable working as part of a small team.
  • Long-term commitment to the role and familiarity with Office products; CRM experience is a plus.
  • Willing to pursue PSS accreditation.

If you're ready to make a meaningful impact in wealth management, this role provides an excellent opportunity to leverage your skills within a dynamic team environment.

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