At a Glance
- Tasks: Review and enhance the quality of financial advice for better customer outcomes.
- Company: Join True Potential Wealth Management, a leader in regulated financial advice.
- Benefits: Full training provided, with opportunities for professional growth and development.
- Other info: Collaborative environment with a focus on high-quality advice and positive client experiences.
- Why this job: Make a real impact on financial advice standards while working with experienced advisers.
- Qualifications: CII R01-R05 or equivalent; strong analytical and communication skills required.
The predicted salary is between 49500 - 60500 £ per year.
Are you experienced in financial advice and looking for an opportunity to use your technical knowledge in a role focused on advice quality, regulatory standards and good customer outcomes? True Potential Wealth Management is looking for an Advice Quality Specialist to join our Advice Quality Team. This is an excellent opportunity for someone with a strong understanding of regulated financial advice who enjoys analysing cases, supporting advisers and applying technical knowledge to real-world client recommendations.
The role involves reviewing the suitability and quality of financial advice provided by our advisers, both before and after implementation. You’ll assess recommendations against clients’ objectives, circumstances and needs, identify potential risks or areas for improvement, and provide clear and constructive feedback to advisers. You’ll also become a key point of contact for advisers who need guidance on Advice Standards, submission requirements or more complex and unusual cases.
What you’ll be doing:
- Reviewing financial advice to assess its quality and suitability
- Assessing recommendations against client objectives, circumstances, needs and relevant risk factors
- Applying True Potential Wealth Management’s Advice Standards and relevant regulatory requirements consistently
- Providing advisers with clear, practical and constructive feedback
- Identifying potential conduct risks and areas that could affect client outcomes
- Escalating breaches, emerging trends and material concerns where appropriate
- Supporting advisers with queries relating to Advice Standards and submission requirements
- Discussing complex or non-standard advice cases and providing guidance on evidencing requirements
- Working closely with Adviser Oversight, Operations, Compliance and other teams across the business
- Helping promote consistent, high-quality advice and positive customer outcomes across our adviser population
What we’re looking for:
- CII R01-R05 or an equivalent qualification
- A good understanding of regulated financial advice
- Strong written and verbal communication skills
- The ability to analyse complex information and make sound, evidence-based judgements
- Excellent attention to detail, with the ability to identify potential risks and inconsistencies
- Strong organisation skills and the ability to manage competing priorities within agreed service standards
- A professional and constructive approach when providing feedback and guidance
It would be great if you also have:
- CII Level 4 Diploma in Regulated Financial Planning, or equivalent
- Previous experience within an advice, suitability, file review, quality assurance or compliance environment
- Confidence discussing technical advice matters with financial advisers and other stakeholders
Full training will be provided to the successful candidate. This role gives you the opportunity to use your financial advice knowledge in a position where you can have a genuine impact on advice standards and customer outcomes. You’ll work closely with advisers and colleagues across the business, developing your technical knowledge while helping to maintain consistently high standards across a large adviser population. If you’re analytical, confident communicating with advisers and passionate about delivering good customer outcomes, we’d love to hear from you.
Advice Quality Specialist in Newcastle upon Tyne employer: True Potential LLP
True Potential is an exceptional employer that prioritises a collaborative and engaging work culture, making it an ideal place for an Internal Communications Manager. With a strong focus on employee growth and development, the company offers unique opportunities to shape impactful communication strategies that align with its ambitious transformation agenda. Located in a dynamic environment, True Potential fosters innovation and encourages employees to contribute meaningfully to the organisation's success.
StudySmarter Expert Advice🤫
We think this is how you could land Advice Quality Specialist in Newcastle upon Tyne
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like True Potential LLP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Advice Quality Specialist in Newcastle upon Tyne
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to True Potential LLP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on True Potential LLP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at True Potential LLP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with True Potential LLP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at True Potential LLP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former True Potential LLP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
