At a Glance
- Tasks: Oversee daily operations and support Financial Advisors in a wealth management office.
- Company: Join a growing team at a reputable wealth management firm.
- Benefits: Up to £45,000 salary, bonus structure, and professional development opportunities.
- Other info: Enjoy a supportive environment with opportunities for career growth.
- Why this job: Make a real impact while fostering client relationships and enhancing team performance.
- Qualifications: Experience in financial services and strong communication skills required.
The predicted salary is between 40500 - 49500 £ per year.
Location: Lombard Street, London City
Salary: Up to £45,000 + bonus structure & benefits
Working as part of the team at an Appointed Representative of St. James's Place Plc. We are looking for a focused individual to join this growing team. The Practice Manager is responsible for overseeing the daily operations of this successful wealth management office to ensure high standards of client service, regulatory compliance, operational efficiency, and team performance. This role supports the Financial Advisors by managing non-advisory business functions, enabling them to focus on client relationships and financial planning.
This is an opportunity to grow in a supportive and nurturing environment, build further qualifications, and be rewarded for demonstrating hard work and positive results.
The Role:
- The role will encompass all operational aspects of the business, positively contributing to team strategy, shaping its direction and promoting a fun working environment.
- Co-ordinate team workflow to optimise output and drive the team forward by promoting efficient collaborative working.
- Set weekly priorities, distribute workload, and conduct regular 1-1s to support performance management and ensure the support team maintains & develops its productivity.
- Liaise with advisers, providers, and administration centres to progress cases to completion.
- Support the admin team to ensure business processes are adhered to in line with Practice and regulatory standards.
- Maximise the PQS and productivity metrics.
- You will coordinate communication with clients and third-party providers and deliver regular updates to the Advisors.
- Track leads, referrals, and pipeline activity in Salesforce across the business.
- Engage with clients and develop strong working relationships.
- When required, complete suitability reports, process applications and submit advice sets.
What are we looking for in you:
- Practice Manager experience in Financial Services in a private client environment is essential; SJP experience would be preferred.
- Excellent literacy and numeracy, a working knowledge of technical administration, communications, marketing and events.
Practice Manager in London employer: Burgh Recruitment
St. James’s Place plc is an exceptional employer, offering a dynamic work environment where high-quality financial planning meets outstanding client service. With a strong focus on employee development and a culture that values collaboration and innovation, you will have ample opportunities for professional growth while contributing to a meaningful client journey in the heart of the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Practice Manager in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Burgh Recruitment. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Burgh Recruitment.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Burgh Recruitment. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Practice Manager in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Burgh Recruitment and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Burgh Recruitment how you can be a team player!
How to prepare for a job interview at Burgh Recruitment
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Burgh Recruitment.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Burgh Recruitment's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
