IFA Administration Team Leader

Lime People Search & Select Ltd; Wakefield; On-site; GBP 35,000 - 45,000; Full time

Job summary

A financial advisory firm in Wakefield is seeking an IFA Administration Team Leader to manage the Administration team, ensure smooth operations, and support financial advisors. The ideal candidate should have management experience within the Financial Services sector and a good grasp of the financial advice process. The role offers a competitive salary and a 1-year fixed-term contract, with potential for extension or permanency.

Benefits

Competitive salary

Bonus at the end of the contract

Qualifications

• Experience managing a team in the Financial Services industry.
• Proven track record of team development and progression.
• Good understanding of financial advice and business submission process.

Responsibilities

• Lead day-to-day activities of Administration teams.
• Conduct recruitment, onboarding, and performance reviews.
• Liaise with advisors and support portfolio analysis.

Skills

Management experience

Team leadership

Financial advice process knowledge

Education

Level 4 Diploma in Financial Planning

Tools

Intelligent Office

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.