IFA Administrator

Barlow Wood Ltd; Manchester; On-site; GBP 28,000 - 31,000; Full time

Job summary

Barlow Wood Ltd in Cheadle, Cheshire is seeking an experienced IFA Administrator to join the growing team. The role requires proven IFA Admin experience and knowledge of FCA compliance, with the position offering a salary of 28,000–31,000 PA plus benefits.

Responsibilities include general administration, drafting letters to clients and providers, LOA management, and support for advisers, onboarding and ID checks, along with GDPR compliance and liaison with external partners.

Qualifications

• Proven IFA Administrator experience essential.
• Understanding of FCA compliance requirements.
• Experience with LOAs - Letter of Authority.

Responsibilities

• Carry out general administrative duties for the team.
• Draft letters to clients and product providers; liaise with clients and third parties.
• Assist with LOA processes and adviser remuneration administration.
• Support client and provider processes, onboarding and ID checks.
• Assist with GDPR compliance and external partner liaison.

Skills

IFA Administrator experience

FCA compliance understanding

Letter of Authority (LOA)

Job description

EXPERIENCED IFA ADMINISTRATOR
CHEADLE, CHESHIRE
28, 000 - 31, 000PA + BENEFITS

Our client is seeking to recruit an experienced IFA / Financial Planning Administrator to join their growing team. Please note IFA Admin experience is essential, candidates without experience will not be considered.

IFA ADMINISTRATOR DUTIES

• Carrying out general administrative duties for the team
• Drafting letters to clients and product providers
• Liaising with clients and third parties

ADVISER REMUNERATION ADMINISTRATION

• Matching Adviser remuneration income matching with support
• Collating and storing statements
• Investigating discrepancies
• Liaising with providers and internal depts to resolve queries

CLIENT & PROVIDER SUPPORT

• Managing the Letter of Authority (LOA) process
• Chasing providers for outstanding information
• Forwarding completed information to Advisers
• Assist with new business processing and onboarding
• Conducting ID checks, updating new business registers

COMPLIANCE

• Assist with compliance monitoring
• Liaise with external partners
• GDPR

IFA ADMINISTRATOR REQUIREMENTS

• Proven IFA Administrator experience this is essential
• An understanding of FCA compliance
• Experience of LOAs - Letter of Authority
• You must live within a sensible commuting distance of Cheadle, Cheshire