At a Glance
- Tasks: Lead a dynamic team in providing top-notch SIPP and SSAS administration services.
- Company: Join a forward-thinking company dedicated to exceptional client service.
- Benefits: Enjoy private medical insurance, competitive pension, and flexible working options.
- Other info: Be part of a collaborative team with excellent career growth opportunities.
- Why this job: Make a real impact while developing your leadership skills in a supportive environment.
- Qualifications: Experience in SIPP/SSAS administration and strong communication skills required.
The predicted salary is between 31500 - 38500 £ per year.
Full job description
Our client are seeking an experienced Team Lead within their SIPP (Pensions) team - their aim is to maintain a high-quality administration service both in the Pension Accumulation and Decumulation phases, delivering exceptional service and support to our clients.
SIPP staff must adhere to the FCA's Consumer Duty requirements, which incorporates and is not limited to the fair treatment of customers and Conduct Risk.
We are looking for an experienced and detail orientated Team Leader to join our SSAS and SIPP Administration team.
What does a Team Leader do?
The role of the Team Leader is to process all aspect of bespoke SIPP and SSAS administration, in a professional and team orientated manner while acting as technical support to the team, SIPP and SSAS clients and financial advisers.
You would have line management of administrators of varying grades and levels of experience within the team and support the CEO with the development of client centric processes and procedures which drive efficiency and consistent high standards of service
Your responsibilities include but will not be limited to
- Assisting the team in providing a quality and efficient service to all clients when processing new business and ongoing servicing to deliver fair outcomes
- Inputting client data into Platinum when setting up new plans or schemes and maintaining the data throughout the lifetime of the lifecycle
- Setting up of designated bank accounts with Bank of Scotland via the i Site platform
- Accurate and timely crystallising of pension benefits and making pension commencement lump sum and/or income payments
- Ability to apply the correct tax codes to income payments being made
- Recognising the various transitional protections that can apply to a plan and ensuring that the correct Lifetime Allowance is applied when benefits are crystallised, or retrospectively
- Reporting and arranging settlement of Lifetime Allowance charges via HMRC's online services
- Creating contributions within Platinum and issuing Contribution Payment Certificates when cleared
- Processing paperwork in relation to transfers in from both defined benefit and money purchase schemes and applying in-specie transfers in
- Processing paperwork in relation to cash and in-specie transfers out, ensuring appropriate checks are made of the receiving scheme before assets or cash funds are released
- Purchasing and selling assets that are as set within the firm's permitted investments list accurately and within the business defined timeframe
- Creating payments using the Bank of Scotland's i Site and Corporate Online systems
- Provide technical support and guidance on a wide range of HMRC and FCA permitted investments
- Perform annual appraisals, KPIs, one to ones and other individual and team meetings as and when required. Undertake performance Management of the team.
- Monitor and manage incoming and outgoing emails from both a technical and organisational perspective
- Provide individual and team technical and administration training
Who are we looking for?
- Extensive experience of administration experience within the SIPP and SSAS industry
- Ideally the successful candidate would have previous line management/leadership experience
- Experience of having worked within an independent trustee environment an advantage.
- Microsoft suite experience including, Excel, Word, Outlook to a high standard plus Nitro and Adobe
• Familiarisation of the following systems an advantage
- Delta's Platinum programme.
- Bank of Scotland's i Site and Corporate Banking Online platform/banking systems.
- Share Point
- volume by Watermark Technologies
- Ability to communicate effectively and professionally with internal & external clients in a variety of mediums including in writing, face to face and verbally over the phone
- Ability to provide clear technical support and service in a timely fashion
- Ability to recognise when to expand/refer client issues/queries to the CEO
- Take the initiative to propose enhancements to current processes and procedures to further improve the client experience and efficiencies
- Flexible, pro-active, willingness to co-operate and support others, showing initiative, team as well as personal commitment
- Work collaboratively with colleagues within Punter Southall SIPP and the wider Punter Southall Group
- Act as a positive role model to the team
What's in it for you?
- Private Medical Insurance with rewards for yourself with discounted rates for your family members
- Competitive Company Pension Scheme
Access to several employee discounted schemes to suit your lifestyle including but not limited to:
- Private dental insurance
- Electric Vehicle Salary Sacrifice Scheme
- Cycle to Work scheme
- Comprehensive Europe and Worldwide Travel Insurance
- Medical Cash Plan
- Gym memberships
- Access to 24/7 GP service for you and your family
- 25 days holiday with the option to purchase more
- Job Particulars
- Job Title
- Team Leader SIPP and SSAS Administration
- Location
- Edinburgh, City of Edinburgh, United Kingdom
- #J-18808-Ljbffr
Team Leader SIPP employer: Talent Staffing
As a leading specialist in Higher Education, this London-based institution offers an enriching work environment where HR professionals can thrive. With a strong focus on employee development and a collaborative culture, you will have the opportunity to support strategic initiatives while enjoying a hybrid working model that promotes work-life balance. Join us to make a meaningful impact in a dynamic sector that values innovation and growth.
StudySmarter Expert Advice🤫
We think this is how you could land Team Leader SIPP
✨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 Talent Staffing. 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 Talent Staffing.
✨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 Talent Staffing. 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 Team Leader SIPP
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 Talent Staffing 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 Talent Staffing how you can be a team player!
How to prepare for a job interview at Talent Staffing
✨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 Talent Staffing.
✨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 Talent Staffing'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!
