Financial Administrator

2 weeks ago


Bridgend, United Kingdom Magenta Financial Planning Full time

**Job Purpose**:
To provide an efficient and professional administration service for Magenta and its clients and assistance in general office upkeep.

**Relevant Skills and Knowledge**
- Excellent IT skills and knowledge of Microsoft systems.
- Good letter writing skills and administration.
- Excellent organisation skills.
- Detailed knowledge and understanding of the firm’s record keeping requirements.
- Detailed knowledge and understanding of the firm’s compliance procedures including record keeping requirements.
- Excellent interpersonal skills and ability to communicate (oral and written) with people of all levels, internally and externally.
- Ability to listen and interpret information.
- Ability to prioritise workload.
- Excellent attention to detail and use of initiative.
- To help all members of the team and be considerate.

**General Responsibilities**
- To fully understand and be able to efficiently communicate the Magenta purpose to clients and ALL others.
- Comply with the Financial Services and Markets Act 2000 and the relevant FCA rules at all times.
- Comply with the relevant compliance, TCF, T&C and financial crime (anti-money laundering, data security, anti-bribery, fraud and corruption) procedures of the firm at all times.
- To ensure all client files are compliant on an ongoing basis and follow ethical standards.
- Develop relationships with existing / new clients to ensure client queries can be dealt with on a day-to-day basis.
- To champion the client portal, encouraging where possible, the use of this as an alternative to paper documents and improving Magenta’s environmental impact.

**Specific Responsibilities**
- Dealing with general enquiries from clients / third parties and ensuring the service is always carried out in a professional and courteous manner.
- To maintain client paper and back-office electronic files to a high standard, keeping client records up to date.
- To manage in a timely manner all incoming and outgoing post and inform the team accordingly.
- To prepare all client meeting packs in the appropriate time frame, including updating the LCF on return of client’s information.
- Ensure all appropriate ‘know your client’ information has been obtained and can be demonstrated within the relevant client file.
- To start the build process of any new client LCF/annual update for LCF and pass to Paraplanner for checking and additions.
- To manage the client portal, set up, download / upload documents and maintain compliance.
- To manage on a daily basis the Letters of Authority for clients. Ensuring required policy information is received in time and policy details on Prestwood are updated.
- To assist the Financial Planners with any administration they may require in preparation for meetings and or giving advice.
- Ensure all supporting documentation is maintained as per company procedures.

Salary £21 -£25k (Pro rata part time) depending on experience.

**Job Types**: Part-time, Permanent

**Salary**: £21,000.00-£25,000.00 per year

Expected hours: 21 per week

**Benefits**:

- Company pension
- Free parking
- On-site parking
- Private medical insurance
- Sick pay

Schedule:

- Day shift
- Monday to Friday

Supplemental pay types:

- Yearly bonus

**Education**:

- GCSE or equivalent (preferred)

**Experience**:

- Financial Administration: 1 year (preferred)
- Administrative experience: 1 year (preferred)

Ability to Commute:

- Bridgend (required)

Work Location: In person


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