Contract Services Advisor

5 months ago


Swindon, United Kingdom Openwork UK Ltd Full time

At the heart of The Openwork Partnership there are over 4,200 financial advisers, based in nearly 700 firms, and supported by 600 colleagues in our central teams. Together we are a partnership and financial advice is what we do - it’s our shared history, our DNA. Whether you are planning a career with us, growing your business, protecting your family, or building a retirement planour purpose is to make it easier for you to face your future with confidence and optimism.

The Openwork Partnership brand continues to grow, both in terms of our adviser network and our colleagues across the Group.
- **The benefits**:

- Salary - £26,000 to £38,000
- Bonus scheme - on target bonus - 7.5%
- Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Income protection - 1x salary
- Death in service - 4x salary
- 25 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
- A range of other flexible benefits to include private medical insurance, dental insurance and much more.

**Key Accountabilities**:

- To support the administration of Practice Succession Planning (incorporating Practice Buy-Out, Valuations, and Business Re-structures), providing advice and guidance of Openwork and Legacy Contracts.
- Providing support and administration linked to the re-structuring of AR business structures ensuring regulatory requirements are met.
- Support of the bi-annual Enhancement Rate Reviews and annual FIA Charge Review
- To provide and support the Head of Contract Services, Commercial Director, other Senior Management, and other areas of the business, with MI / background information covering the range of Contract Services activities and results.
- The provision of standard and Non-Standard Contract Offers and documentation, adhering to the Authority Schedule for existing firms.
- Maintenance of the Non-Standards Database.
- Administering standard and ad-hoc Adviser charging, and new contract enhancement rates.
- To administer and support the Openwork Recruitment and Sales Manager Contract and Bonus Scheme.
- To assist with both internal and external Audit requirements, undertake regular reviews of all Contract Services procedures to ensure effective, up to date and fit for purpose.
- Resolving contractual queries and providing technical contractual advice to other business areas, Partners / Advisors and Sales Management as required.


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