Senior Regional Administration Assistant

Senior Regional Administration Assistant London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients.

Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Business Unit:

• The Wealth Planning team is responsible for the provision of comprehensive financial planning advice to individuals, companies, partnerships and trusts. We work with our clients to create a bespoke financial plan, considering the whole of the market in order to find the best financial planning solutions. We are involved in a broad range of activities including:
• Cash flow analysis
• Psychometric risk profiling
• Pension aggregation
• Income tax planning
• Inheritance tax planning
• Business planning
• Protection for illness
• Savings
• Long term investments
• Offshore and international planning for non-domiciled and non-resident clients
• Venture Capital Trust, Enterprise Investment Scheme and Business Relief advice

Brief Role Objective:

• This role is a key role within the Wealth Planning team given the continued expansion of the regional Wealth Planning offering
• This role requires a high level of organisation skills to act as the first point of contact for the regional Wealth Planner’s in relation to Wealth Planning procedures and administration
• The objective of the administration team is to provide a high level of administrative support to the Wealth Planning team

Key Responsibilities:

• To work alongside the Interim Head of Administration and Operations (HOAO) to manage and coordinate regional administration and drive efficiencies, where possible.
• To work with the Regional Health of Wealth Planning (RHWP) to ensure effective servicing and delivery of the regional Wealth Planning proposition
• To work alongside the HOAOO & RHWP to propose and implement any necessary changes to improve the regional administrative processes and overall efficiency
• Providing administrative assistance to the regional Wealth Planners in the seamless servicing of the Wealth Planning client base.
• To issue and follow up on information requests to pension providers and life/investment companies
• To submit and process new business, adhering to compliance requirements and internal processes
• To process SIPP contributions, transfers, withdrawals, as well as gaining an understanding of bonds (onshore and offshire) to manage the processing of top-up and withdrawals
• Using Figaro to produce valiations, monitor transaction activity and reconcile client data
• To manage the ongoing client review process for the regional Wealth Planners
• To maintain the Intelligent Office database including supervisor access, fund updates, template creation
• Ensure the regional administration team is working effectively with other wealth planning units
• To ensure that the regional Wealth Planners are adhering to Wealth Planning policies and procedures
• To work alongside the Interim HOAO with ensuring appropriate quality of file checks for the regional Wealth Planners
• This role may over time directly line manage regional administrators

Key Skills and Technical Requirements:

• Prior experience of financial services products and procedures obtained working in another…