At a Glance
- Tasks: Manage and enhance Wealth Proposition products, ensuring effective delivery and governance.
- Company: Join a leading financial services firm with a strong focus on innovation.
- Benefits: Up to £65,000 salary, 15% bonus, generous holiday, and flexible benefits.
- Other info: Hybrid role with opportunities for professional growth and development.
- Why this job: Make a real impact in the financial services industry while developing your career.
- Qualifications: Experience in financial services and a Level 4 diploma in Regulated Financial Planning.
The predicted salary is between 65000 - 65000 € per year.
We are looking for an experienced professional to manage key areas of the 2plan Propositions function. In this role, you will ensure that the products and services offered to clients are developed and managed effectively, aligned with our corporate strategy, and delivered within a strong governance framework. This role is a hybrid role, 3 days a week in the Leeds office.
Benefits:
- Salary - up to £65,000
- Bonus scheme - on target bonus - 15%
- Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
- Critical illness cover
- Death in service - 4x salary
- 27 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:
- Operational management and delivery of key areas of the Wealth Proposition to provide control and oversight of proposition development and management.
- You will own the relationship management of all Wealth proposition product providers.
- Ensuring there is a suitable relationship governance framework in place to monitor and evaluate the performance of the providers.
- Bring forward new development ideas and other opportunities with providers that will enhance the Wealth Proposition and drive great outcomes for advisers and their clients.
- Undertake due diligence on initial appointment of new providers and on an ongoing basis.
- Undertaking proposition reviews for wealth products, owning the actions and seeing them through the appropriate governance committees.
- Undertake research activity across the industry’s products for wealth, competitors, consumers and our own data.
- Ensuring wealth proposition content on adviser and colleague Teams channels is up to date and accessible.
- Drafting relevant communications for advisers and colleagues.
- Ownership of MI including distribution of this to relevant parties.
- Technical support for adviser and colleague enquiries.
- Input to and ownership of relevant suitability templates.
- Point of contact for third party research tools and software solutions.
What will you need to succeed:
- Significant experience within an advice based role in financial services
- Level 4 diploma in Regulated Financial Planning or equivalent
- Good overall knowledge of the financial services industry
- Good knowledge of the Wealth advice process
- In-depth knowledge of the types of products offered by 2plan and the financial advice market it operates in
- Knowledge of MiFID and COBS, Consumer Duty, Retirement Income Review
Wealth Proposition Consultant - 2Plan employer: The Openwork Partnership
At 2Plan, we pride ourselves on being an exceptional employer that values the growth and well-being of our employees. With a competitive salary of up to £65,000, a generous bonus scheme, and a comprehensive benefits package including a pension scheme and private medical insurance, we ensure our team is well-supported. Our hybrid work model fosters a flexible and collaborative culture, particularly in our vibrant Leeds office, where you can thrive professionally while contributing to meaningful financial solutions for our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Wealth Proposition Consultant - 2Plan
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its products. We want you to be able to discuss how your experience aligns with their Wealth Proposition. Show them you’re not just another candidate; you’re the one they need!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. We can’t stress enough how being prepared can boost your confidence and help you shine during the real deal.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in keeping you top of mind. And remember, apply through our website for the best chance at landing that role with us!
We think you need these skills to ace Wealth Proposition Consultant - 2Plan
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Wealth Proposition Consultant role. Highlight your experience in financial services and any relevant qualifications, like your Level 4 diploma. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at 2Plan. Share specific examples of your experience in managing relationships and developing propositions that have driven great outcomes.
Showcase Your Knowledge:Demonstrate your understanding of the financial services industry and the Wealth advice process. Mention any insights you have on MiFID, COBS, or Consumer Duty. This will show us that you’re not just qualified, but also passionate about the field!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at The Openwork Partnership
✨Know Your Stuff
Make sure you brush up on your knowledge of the financial services industry, especially around wealth advice processes and the products offered by 2plan. Being able to discuss specific products and how they align with client needs will show that you're not just familiar with the basics but are genuinely invested in the role.
✨Showcase Your Relationship Management Skills
Since this role involves managing relationships with product providers, be prepared to share examples of how you've successfully built and maintained professional relationships in the past. Highlight any governance frameworks you've implemented or worked within to demonstrate your understanding of oversight and performance evaluation.
✨Bring Ideas to the Table
Think about potential development ideas or enhancements for the Wealth Proposition that could drive better outcomes for advisers and clients. Presenting these during your interview will not only showcase your proactive mindset but also your commitment to improving the service offerings.
✨Be Ready for Technical Questions
Expect questions related to MiFID, COBS, and Consumer Duty, as well as the Retirement Income Review. Brush up on these regulations and be ready to discuss how they impact the wealth advice process. This will demonstrate your technical expertise and readiness to tackle the challenges of the role.
