Practice Manager

Premier Jobs UK; City Of London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A growing financial advisory firm in the City of London is seeking a Practice Manager to oversee operational and administrative tasks. You will assist the Directors in enhancing business efficiency and compliance, requiring strong experience in the financial advice sector and knowledge of FCA regulations. The position offers a salary between £40,000 - £50,000 and supports hybrid working arrangements, contributing significantly to the firm's growth.

Benefits

Salary of £40,000 - £50,000

Hybrid working from City of London and home

Supportive team culture

Qualifications

• You must have experience within the financial advice profession.
• Experience of assisting senior leadership team with efficiency.
• Knowledge of FCA regulations is essential.

Responsibilities

• Assist in running operational and administrative aspects.
• Coordinate payroll and commission processes.
• Oversee training and CPD completion.

Skills

Experience in financial advice profession

Familiarity with FCA regulations

Strong knowledge of UK employment law

Experience with MI dashboards and KPIs

Tools

HRIS systems

Payroll platforms (e.g. Sage, Xero)

CRM systems

Job description

Our client is a rapidly growing financial advisory firm with a national footprint of Insurance Advisors, Mortgage Advisors and Financial Advisors. As part of their next stage of growth, the 2 Directors are looking to recruit a Practice Manager who can assist them in running the operational and administrative aspects of the business, freeing them up to work on the leadership and strategic projects.

As Practice Manager, you will have a varied role, consisting of HR, recruitment, supplier relationships, payroll and commission co‑ordination, creditor recovery and overseeing training/CPD completion. Full job description provided to shortlisted candidates.

Methods of measuring your effectiveness in your role will include: net recruitment growth, payroll accuracy, recovery of creditors, positive team engagement, identification, team member CPD completion, accurate MI reports etc.

Due to the nature of being FCA regulated, it is important these duties are carried effectively with high accuracy, to ensure the business remains compliant and high performing. As such, we are seeking an experienced individual with familiarity with the financial advisory profession (insurance, mortgages or wealth management).

The business is rapidly growing and has plans to double in size from their current salesforce of 80 Advisors. As such, the business is now at a stage that would benefit from having robust processes in place, which you will be a key part in assisting with.

Due to the flat structure of the business, there will be minimal line management required.

Practice Manager Requirements

• You must have experience within the financial advice profession (insurance, mortgages or wealth) – individuals without FS experience will likely be rejected.
• You should have experience of assisting senior leadership team with running an efficient business.
• You should have good knowledge of FCA regulations.
• You should have strong knowledge of UK employment law and right to work processes.
• You should have experience creating MI dashboards, presentations and tracking Adviser KPIs.
• Knowledge of HRIS, payroll platforms (e.g. Sage, Xero) and CRM systems.

The Company

Established 4 years ago, this advisory firm is growing at an excellent pace with no signs of slowing down. The business has a national footprint with Advisors licensed across insurance, mortgages and wealth advice. You will be joining at a key point in their journey as they continue to expand their headcount, working closely with the Directors of the business to deliver on these goals.

Practice Manager Benefits

• Salary of £40,000 - £50,000
• Hybrid working, working from their City of London and home
• Playing a key role in the growth of this business
• Supportive team culture

Locations

Commutable to City of London.

Call us now on (phone number removed) or apply.