SIPP Accounts Executive

Job Description:

SIPP Accounts Executive - Leicester
£(phone number removed)K
Hybrid
 
Why this role?
We are currently recruiting for a SIPP Accounts Executive, 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  SIPP (both SIPP Focus and other arrangements serviced by the 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:
 
Establishment of SIPP

• Set up new SIPPs in a timely fashion, using a diary system, submit information pack and assist the Suitability Team to aid the preparation of associated Suitability Reports
• Process Contributions, provide CPC to client where necessary, undertake Carry Forward/Taper calculations
• Provide cancellation rights to client, where necessary
• Effect transfers into SIPP and provide the Suitability Team with an information pack to aid preparation of the Suitability Report. Initially, prepare the pension analysis schedule for the Financial Planner to review, following advice to transfer, complete, and submit the signed transfer forms to the transferring schemes.

Day to Day Portfolio Management 

• Maintain accurate records, processing changes: using software available (Omni, Virtual Cabinet, Intelliflo, Excel)
• Maintain a diary confirming the date of any drawdown anniversaries, rent reviews, lease expiry etc
• Daily reconciliation of bank accounts
• Banking of cheques into the SIPP bank account and requesting payments: cheque/bank transfers
• Prepare for client meetings Annual Review Packs, including Accounts Reconciliation & Annual Statements
• Issue Client Meeting Notes and undertake action points
• Invoice clients in accordance with Client Agreements
• Maintain client contact over telephone, email and face to face
• Liaise with financial planners and paraplanners
• Maintain accountant contact (where applicable) over telephone, email, face to face
• Reviewing documents and arranging for trustee's signature
• Produce bespoke documents
• Carry out other routine administration tasks and deal with client queries within field of expertise/range of authorisation 

KNOWLEDGE AND SKILLS REQUIRED:
Essential 

• Knowledge of the services that the firm provides to clients
• Knowledge of the SIPP and associated products
• Good technical knowledge of SIPPs 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

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

QUALIFICATIONS:  
Essential
 
·       Educated to A level standard (or equivalent) as a minimum.
·       Minimum of 3 years' experience in a SIPP client servicing and administration role
 
Desirable

• To be willing to obtain CII Award/Certificate/Diploma Units (or equivalent)
• To hold CII Award/Certificate/Diploma units (or equivalent)
• Other Financial Services experience, in a similar role, ideally for a Financial Adviser

If you wish to be considered for this role, please email your cv to (url removed) or call me on (phone number removed).