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Wealth Management Support Administrator

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  • Ref: JH3004

Wealth Management Support Administrator responsibilities include...

Knowledge

  • Previous administration experience (minimum 2 years) in an IFA or Wealth Management firm
  • Experience and knowledge of investment and pension products in particular is essential.
  • Knowledge of Avelo (1st software) would be an advantage of a similar WM systems.

Attributes

  • A confident, professional and pragmatic approach to all duties.
  • Initiative - all ideas and input to the team are welcome. Use judgement and reasoning in order to propose solutions to problems.
  • Positive attitude and a willingness to learn.
  • Accuracy is paramount.

New Business Applications

  • Ensure that all business is fully compliant and accurate prior to submission (includes Money Laundering considerations).
  • ·Check forms, enter data onto our systems. The predominant system is Iress (also known as 1st software/Avelo), in-house software (FileMaker) is also used.
  • Chase pending applications.
  • Liaise with the provider to chase any underwriting and update the client and/or consultant every week or as required.
  • Manage the 'commission outstanding’ report and use investigative methods to ensure that commissions/fees due to the business are paid in a timely manner.
  • ·Work closely with any corporate clients on the administration of their group pension and protection schemes.

Client Valuations / Quotations

  • Obtain valuation details from the provider via letter, telephone, email or internet.
  • Input information from providers onto the database accurately.
  • Print and check valuation report and accompanying notes.
  • Prepare and print illustrations and key features and applications as required by the consultant/paraplanner.

Consultant contact