IFA Administration Team Leader

Lime People Search & Select Ltd; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading Financial Advisory firm in the Wakefield area is seeking an IFA Administration Team Leader to manage back-office staff and ensure effective operations. The ideal candidate will have management experience in financial services, strong knowledge of the sales process, and skills in team development. This position offers a competitive salary, a bonus, and the potential for contract extension.

Benefits

Competitive salary

Bonus at contract end

Possibility of contract extension or permanent position

Qualifications

• Proven track record of managing a team in the Financial Services industry.
• Experience in recruitment, training, and performance reviews in a team setting.
• Familiar with compliance standards in financial services.

Responsibilities

• Lead day-to-day activities of Administration teams and manage staff.
• Liaise with advisors and support meeting preparations.
• Suggest improvements to operational efficiency and business systems.

Skills

Management or Team Leading experience

Understanding of Financial Advice sales process

Knowledge of Intelligent Office

Education

Level 4 Diploma in Financial Planning

Tools

Diary Management System

Job description

My client is an Independent Financial Advisory firm based in the Wakefield area, providing individual clients and businesses with Advice across Pensions, Investments, Retirement & Estate Planning.

We are urgently seeking an IFA Administration Team Leader, who will sit within the Administration function and primarily manage the companies back-office Administration staff and ensuring smooth efficient running of the office on a daily basis and coordination between Advisers, Paraplanners and Administrative staff.

Specifically you'll be responsible for:

• Leading the day-to-day activities of the Administration teams, training and motivating the team to achieve objectives and promoting the health, safety and welfare of all team members
• Leading the recruitment and onboarding process and conducting performance reviews and appraisals in line with company objectives
• Using a Diary Management System to allocate and track incoming work across the Administration teams
• Liaising with advisors throughout the advice process and supporting the production of portfolio and fund analysis reports for advisor / client meetings
• Using platforms and liaising with product providers to obtain information about existing and potential investments, including the coordination of training on new products
• Assisting the compliance officer to ensure compliance standards are met throughout the financial services department
• Supporting the directors with project work in relation to improvements in business operations
• Suggesting and Implementing improvements in business systems and processes, operational efficiency and team development

We would be seeking a candidate who has some Management or Team Leading experience coming from the Financial Services industry, ideally from within an Independent Financial Advisory sector, with a proven track record of managing a team and evidence of team development and progression. You will have a good understanding of the Financial Advice sales process, business submission process and the commissions and fee payment process. It would be to your advantage if you have knowledge of Intelligent Office and / or been involved with systems migrations / upgrades. It would also be to your advantage if you have any additional Financial Services qualifications such as working towards or achieved a Level 4 Diploma in Financial Planning.

A great salary is offered with this 1 year fixed term contract position, with a good Bonus to be paid at the end of the contract, with the possibility of it being extended or being made permanent.