Accounts Executives - SSAS/SIPP

Job Description:

SSAS/SIPP Accounts Executives – Leicester
£25000 - £35,000p/a
Hybrid
 
Why this role?
We are currently recruiting for 2 Accounts Executive, with SIPP or SSAS experience, to work within a well-established Chartered firm of Financial Planners.
 
ROLE OVERVIEW:
 
You will be the in-house contact for the client, providing a quality administration service in respect of a portfolio of SSAS or SIPP and other arrangements serviced by the SSAS or SIPP team. Maintaining records that meet the requirements of the firm and the regulator. Also providing a technical and administrative support to the Financial Planner.
 
MAIN TASKS:

• Set up new SSAS/SIPP in a timely fashion, using a diary system, submit information pack and assist the Suitability Team to aid preparation of associated Suitability Reports
• Undertake takeovers of existing SSAS/SIPP from other Trustees/ Practitioners
• Effect transfers into SSAS/SIPP and action property purchases/ sales with appropriate training and support
• Prepare reports and valuations for client meetings
• Calculate maximum borrowing and retirement and death benefits
• Calculate maximum loan backs and understand HMRC requirements in this area
• Process retirement benefit applications
• Provide technical and administrative support to Financial Planners
• Carry out other routine administration tasks identified below and deal with client queries within field of expertise/ range of authorisations  

RELATIONSHIP WITH OTHER JOBS:
Working with the Financial Planners, as referred to above, paraplanners, and SSAS team leader
Working on joint projects or tasks with other members of the Department, Pensions Team, or Investment Team
Some training and supervision will be conducted by the Compliance Manager.
 
  Pay and Benefits

• Salary £25,000 to £35,000 per annum (dependent on qualifications, knowledge, and experience)
• Discretionary bonus
• 4 x salary life assurance
• Pension; 5% employer contribution - Increasing incrementally in recognition of service. Salary sacrifice scheme available 24 days’ holiday - Increasing incrementally in recognition of continuous service
• Health Cash Plan Scheme
• Free parking
• Hybrid Working Scheme – Following completion of initial training and induction

Person Specification QUALIFICATIONS:
 
a)    Essential
 
·       Educated to A level standard (or equivalent) as a minimum.
·       Minimum of 3 years’ experience in a SSAS client servicing and administration role
 
b)    Desirable
 
·       To be willing to obtain CII Award/Certificate/Diploma Units (or equivalent)
·       Other Financial Services experience, in a similar role, ideally for a Financial Adviser
 
 
KNOWLEDGE AND SKILLS REQUIRED:
 
a)    Essential
 
·       Knowledge of the services that the firm provides to clients
·       Knowledge of SSAS and associated products
·       Good technical knowledge of SSASs and their use in financial planning
·       Knowledge of other financial services legislation relevant to role
·       Ability to communicate effectively with clients, actuaries, accountants, Pension Trustees, HMRC and other professional connections via various methods – phone, letter, e-mail, memo, etc
·       Knowledge of in-house money laundering procedures relevant to role and individual responsibilities in this area
·       Knowledge of Data Protection legislation relevant to role
·       Knowledge of IT systems and programmes relevant to role
·       Ability to work within level of authority and to refer work when appropriate
·       Ability to create and maintain accurate computer-based records