Private Wealth Client Onboarding Administrator

Date: 11 Oct 2024
Sector: FINANCIAL MARKETS
Type: Permanent
Location: London
Salary: 50000 - 55000 per annum
Email:
Ref: DB 11/10/2024

A Wealth and Asset Management company based in the City of London, are looking for an experienced Senior Client Services Administrator to work with Investment Managers in the Private Client team to deliver high quality client service to clients as well as suggesting improvements to working practices of the wider Client Administration department.

It's a hybrid role, 3 days in the office and 2 from home.

Involved from the start of the client relationship, working closely with the Investment Managers to discuss client requirements, arrange for the account opening, liaise with other internal teams and third parties and be in direct contact with the client or their representatives throughout the process

Ensure the ongoing maintenance of existing client accounts, including periodic AML reviews, amendments to agreements, sub accounts and record keeping.

Liaise with third parties in relation to custodial matters and/or the opening of derivative and FFX accounts.

Develop an ongoing relationship with the clients where appropriate,

Systems administration of client data on internal and external systems

Dealing with client queries, including; reporting queries, cash transactions, custody arrangements, transitions

Liaise with third party consultants/audit firms to coordinate client requirements and provide information when requested

Liaise with colleagues throughout the business to coordinate and deliver a high level of service to clients

Provide assistance and offer guidance or training for new and junior members of the team and other areas of the business when required

Provide efficient and timely support to Investment Managers

Providing support and cover to the Client Administration Team

Attend client meetings when required

Person Specification

Sound technical knowledge and experience of Client take on within an Asset Managment environment.

Minimum 2 years’ experience in a similar role

Strong knowledge of the structure and organisation of Asset Management companies

Excellent organisational skills, and the ability to work unsupervised and be self-motivated

Ability to prioritise work to meet deadlines and multi-task

Strong communication skills both written and verbal

Confident and able to deal directly with clients and colleagues at all levels

Numerical, analytical and PC skills essential

Working knowledge of the appropriate investment parameters and fee arrangements for discretionary managed portfolios

Knowledge of Investment instruments, securities, corporate actions and capital gains tax rules and computations

Relevant industry qualifications such as IOC.