SIPP Administrator

Confidential; Greater London; Hybrid; GBP 32,000 - 42,000; Full time

Benefits offered by this job

Hybrid work pattern

Job summary

Confidential, based in the City, is seeking a SIPP Administrator on a 6-month fixed-term contract to support onboarding, data maintenance and service levels for the SIPP team.

Responsibilities include client onboarding, AML/KYC checks, and maintaining data in Pershing systems, with liaison to front office and transitions teams. Hybrid pattern: 2 days in the office with a competitive remuneration package.

Qualifications

• Experience administering SIPPs; payroll processing beneficial.
• Knowledge of client account records; AML guidelines; MiFID II familiarity.
• Accurate, organised, thorough with excellent telephone manner.

Responsibilities

• Provide administrative support to the SIPP team including onboarding, maintaining and monitoring all SIPP administration and service levels.
• Process all SIPP client onboarding, checking documentation for compliance with company and HMRC guidelines.
• Set up and maintain client, portfolio and account data in Pershing systems accurately and timely.
• Ensure payrolls are processed accurately and on time.
• Monitor benefit requests and maintain sell/withdrawals to meet payroll deadlines.
• Complete AML checks for new and existing clients including KYC and bank validation checks.
• Liaise with front office and Transitions teams to complete onboarding and transfers efficiently.

Skills

SIPP admin

Payroll processing

AML/KYC checks

MiFID II knowledge

Attention to detail

Telephone skills

Tools

Pershing systems

Job description

We are privileged to be working within a highly respected Investment Management organisation who proud themselves in focussing on client/customer relationships with the ethos being to help individuals with investment and financial planning and provide technology to make things simple and clear.

Based in the heart of the City and due to ongoing developments, they are now seeking a SIPP Administrator to join them on an initial 6-month fixed term contract, with responsibility:
- Providing administrative support to their SIPP team including on-boarding, maintaining, and monitoring all administration of the SIPP operations, whilst ensuring quality service and adherence to service levels.
- Processing all SIPP client on boarding, to include checking all documentation before final submission to ensure it complies with company and HMRC guidelines.
- Setting up and maintain client, portfolio and account data in internal and Pershing systems in an accurate and timely manner.
- Ensuring all payrolls are processed in an accurate and timely manner
- Monitoring all benefit requests and maintaining sell and withdraws via internal systems and operation teams to ensure payroll is met
- Completing AML checks for new and existing clients including KYC and bank account validation checks
- Liaising closely with front office and Transitions teams to ensure efficient completion of SIPP on boarding and SIPP transfers

Possessing proven experience in the administration of SIPPS (any payroll processing experience would be beneficial), as well as knowledge of client account records, including AML client ID guidelines and a understanding and knowledge of MiFID II requirements

Additionally, the client is seeking someone with accuracy, organisation, thoroughness, and attention to detail, coupled with an excellent telephone manner including the ability to actively listen to, troubleshoot and resolve customer queries.

The role is offered on a hybrid working pattern (2-days in the office) together with ongoing training and development and a highly attractive remuneration package.

Further details are available.