Location
London
Advertising Salary
Competitive + Benefits
Contract Type
Permanent

About The Role

Purpose:
This role within Operations is responsible for providing technical support to the SIPP Service Team at 7IM reporting into the SIPP Service Team Manager.  This will specifically focus on delivering a high level of service standards by meeting all the expected regulatory standards of the regulators.  

This role is expected  to build positive and lasting relationships between the 7IM departments, its clients and our outsourecd administration partner.  

Responsibilities:
Oversight
Production of daily / weekly / monthly reporting to measure volumes and productivity
Measure, monitor and report on the effectiveness of all SIPP operational processes and procedures at 7IM and with the outsourced administration partner
Regular visits to outsourced administration partner to undertake oversight, training, development and relationship building
Provide a comprehensive monthly reporting pack for the SIPP Trustee & Governance Committee
Ensure that all regulatory reporting is completed on time and to a high standard
Manage, monitor and report SIPP operational risks appropriately on a regular basis, minimising reputational damage and costs

SIPP Administration
Create and maintain procedures to ensure we operate in a compliant and efficient manner 
Provide SIPP Administration cover to the team, especially during busy periods
Assist reconciliation team and outsourced administration partner with rec breaks and queries 
Provide specialist knowledge, support and training to operational and client facing teams
Identify new / changes to procedures – draft and discuss changes where necessary for approval
Participate in any projects and relevant business initiatives 
Act as point of contact for external advisers on complex SIPP queries

Regulatory
Ensure that all regulatory reporting is completed on time and to a high standard
Remain knowledgeable of market and industry trends and all aspects of the SIPP market
Provide understanding of all key SIPP regulatory responsibilities to the rest of the business and ensuring that all new regulations are implemented in a timely fashion.

Other
Drive forward 7IM SIPP process improvements and change to ensure operational efficiencies
Participate in any projects and relevant business initiatives 
Build good and lasting relationships with clients (internal and external) and understand their motivations 
Act promptly and professionally to resolve client (internal and external) and colleague enquiries or concerns 
Adhere to 7IM procedures and policies ensuring they are reviewed and signed off on an annual basis
Treat clients (internal and external) and colleagues fairly and adhere to the 7IM mission and tenets 
Other responsibilities as reasonably required by line manager 

About You

Skills:
Accuracy and attention to detail
Ability to effectively manage process changes
Excellent telephone manner including the ability to actively listen to, troubleshoot and resolve customer queries, being a point of escalation
Process analysis and design 
Organisation of own workload to meet deadlines
Good communication skills, both oral and written
Ability to see things through to their logical conclusion
Ability & willingness to identify and suggest improvements in processes / service levels
Able to take ownership of tasks and see them through to completion as well as use own initiative to come up with solutions

Knowledge:
Knowledge of the UK Platform market
Proven experience in SIPP administration at an advanced level
Strong knowledge of client account records, including AML client ID guidelines
Understanding and knowledge of MiFID II requirements and internal 7IM policies
Knowledge of Pershing systems is an advantage
Familiarisation with Dunstan Thomas’ Imago Back Office software desirable

Qualifications:
Candidate must hold 5 GCSE’s or above including C grade in Maths & English
Relevant Financial Services qualifications are useful but not essential

Other Relevant Information:
This role works closely with others within the operations team and business, sharing the workload and responsibility so a ‘team’ attitude is needed – helping others when required
Flexible attitude to duties as training will be given in all aspects of the operations roles and the successful candidate will probably have to provide holiday cover
Flexible attitude to working hours – sometimes the workload will demand additional commitment outside the contractual hours

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