IFA Administration Team Leader

Lime People Search & Select Ltd; Wakefield; On-site; GBP 40,000 - 60,000; Full time

Job summary

A financial advisory firm in Wakefield is seeking a Team Leader for the Administration teams. The role involves managing day-to-day operations, recruitment, onboarding, and liaising with advisors to support financial advice processes. Ideal candidates should have management experience in financial services and a good understanding of the advice sales process. This is a 1-year fixed term contract with competitive salary and bonus potential.

Benefits

Bonus at the end of the contract

Possibility of permanent position

Qualifications

• Proven track record of managing a team and evidence of team development.
• Understanding of business submission process and fee payment process.
• Experience with systems migrations or upgrades is an advantage.

Responsibilities

• Lead the day-to-day activities of the Administration teams.
• Oversee recruitment, onboarding, and performance reviews.
• Liaise with advisors and support portfolio analysis reporting.
• Work with product providers for investment information.

Skills

Management experience

Team leading

Financial advice sales process understanding

Operational efficiency improvements

Education

Level 4 Diploma in Financial Planning

Tools

Intelligent Office

Job description

Overview

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.

Responsibilities

• 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
• Sugesting and implementing improvements in business systems and processes, operational efficiency and team development

Qualifications and experience

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.

Salary and term

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.