Independent Financial Advisor

• Have detailed knowledge
  
• Be aware of and be able to apply the key FCA rules relating to pension investment estate planning and protection advice.
  
• Comply with the requirements of the Financial Services and Markets Act 2000 and the FCA
  
• Principles and Rules and the Individual Conduct Rules as listed above.
  
• General Conduct Know Your Customer enquiries in accordance with regulatory requirements and the relevant client agreement Establish contact with clients and gather sufficient information needed to provide suitable advice applying the principles of KYC; ensure that there is enough material information to support the advice.
  
• Analyse client data accurately research the most appropriate investments for clients on an independent whole of market basis be able to analyse client information conscientiously and accurately in order to provide suitable advice; understand and apply all of the company s research systems.
  
• Perform clear client presentations present suitable advice to clients in a concise and balanced manner explaining clearly charges and disadvantages together with the main reasons for the advice; clearly articulate the relevant investment proposition to clients.
  
• Complete paperwork accurately and completely Complete all basic documentation for advice in a thorough and conscientious manner; ensure that the suitability letter is clear and covers all the areas covered in the FCA guidance /rules.
  
• Advise clients on an ongoing basis on their personal pension ISA GIA and Bond investments including funding as well as advising on drawing a taxefficient income in retirement
  
• Monitor clients and portfolios in accordance with their investment objectives restrictions and risk profile.
  
• Attend internal and external company and manager meetings.
  
• Establish and maintain strong client relationships.
  
• Develop new client relationships through direct client and/or intermediary contact or referral from existing client base.
  
• Maintain regular contact with other intermediaries and investment managers.
  
• Make formal presentations to potential and existing investors on PBIM products and services as required.
  
• Provide regular communication and reporting to clients and intermediaries.
  
• Maintain working relationship with Operations Administration and Compliance departments
  
• Implement the correct antimoney laundering procedures to ensure all information is collated when opening a new account.
  
• Ensure relevant client information is fully recorded.
  
• Ensure complete and accurate records are retained in relation to investment transactions and investment restrictions overrides where relevant.
  
• Regularly monitor client s portfolio performance against industry benchmarks.
  
• Obtain PBIM approval for any changes/ renegotiated terms of client agreement.
  
• Record Keeping
  
• Keep separate records for each private customer of every pension transfer arranged whether advised or not and retain these records indefinitely.
  
• Compliance risk governance and legal
  
• Act in accordance with the FCA Statements of Principles and Code of Practice for Approved Persons. In particular act with integrity due skill care and diligence whilst observing the proper standards of market conduct and act in accordance with FCA Treating Customers Fairly principles.
  
• Manage risk within area of responsibility in order to mitigate errors and breaches.
  
• Observe any specific risk tolerance as notified to you.
  
• Adhere to client mandates.
  
• Meet responsibilities as documented in the Disaster Recovery Plan.
  
• Adhere to compliance procedures including FCA rules and HMRC requirements in all aspects of the job.
  
• Project Management
  
• Identify areas for development efficiency or improvement proposing courses of action to your line manager
  
• Actively initiate and contribute as required to projects and initiatives
  
• Manage own competence: Continued Professional Development (CPD)
  
• Maintain Competent Status
  
• Ensure suitable and relevant CPD is undertaken to maintain competence in the role. Ensure that learning is applied to the workplace in a timely fashion and its application reviewed.
  
• Manage own career development and training in consultation with your line manager.
  
• Maintain an up to date knowledge of the Industry Competitors and Group products and services.
  
• Attend and contribute to relevant industry groups and forums.
  
• Maintain Threshold Competent status.
  
• Maintain industry required levels of qualifications and Continued Professional Development to perform role.
  

Requirements

• These are the key knowledge skills and attributes needed by the role holder to achieve the role responsibilities and to perform the role. Also the qualifications and experience most likely to provide these.
  
• Professional Qualification/ Education level
  
• (e.g. Chartered Accountant (E) or Alevels (E))
  
• APFS or ACII or equivalent (E) Experience
  
• Proven Experience as a FCA Approved Wealth Manager Knowledge
  
• (e.g. working knowledge of UK tax legislation)
  
• Working knowledge of FCA and HMRC regulations
  

Benefits