SIPP and SSAS Administrator
- Recruiter
- Confidential
- Location
- Birmingham
- Salary
- Competitive
- Posted
- 11 Jun 2021
- Closes
- 19 Jun 2021
- Job Title
- Team Assistant
- Industry Sector
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Job Title: SIPP and SSAS Administrator
Location: Birmingham
Salary: Competitive
Job Type: Full Time, Permanent
Punter Southall SIPP are your resource for SIPP and SSAS.
We operate a full and simple Self Invested Pension Plan (SIPP) via a master trust, and we also offer professional trustee services for Small Self Administered Schemes (SSAS).
Role Overview:
To process all aspect of bespoke SIPP and SSAS administration, in a professional and team orientated manner. Punter Southall SIPP staff must adhere to the FCA's Fair Treatment of Customers consumer outcomes and Conduct Risk requirements.
Key responsibilities & accountabilities:
Assisting the team in providing a quality and efficient service to all clients when processing new business and ongoing servicing
Inputting client data into SIPP~Pro or SSAS~Pro when setting up new plans or schemes and maintaining the data throughout the lifetime of the lifecycle
Setting up designation bank accounts with Bank of Scotland
Crystallising of pension benefits and making pension commencement lump sum and/or income payments
Ability to apply the correct tax code to income payments made
Recognising the various transitional protections that can apply to a plan and ensuring that the correct LTA is applied
Declaring and arrangement settlement of Lifetime Allowance charges via HMRC's online services
Creation of contributions within SIPP~Pro or SSAS~Pro and issuing CPCs 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 standard and non-standard assets that are as set within the firm's permitted investments list
Creation of payments using the Bank of Scotland's iSite and Corporate Online systems
Utilising relationships with inter-company and external professional connections, including accountants and financial advisers
Liaising with regulators bodies where required, such as HMRC and The Pensions Regulator
Dealing with day to day administration queries either via post, the telephone, or email, directly with clients or via professional connections
Ensure that volume, SIPP~Pro and SSAS~Pro records are up to date with member details and all relevant policy informationAbout you:
Client Focus
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 escalate/refer client issues/queries to PrincipalAttitude and Commitment
Flexible, pro-active, willingness to co-operate and support others, showing initiative, team as well as personal commitmentCommercial Focus
Ability to support projects/business plan as required incorporating the Fair Treatment of Customers consumer outcomesQuality
Ensure all aspects of work are carried out to the highest standards, accurate, persevering to complete task
Ability to follow all procedures and working practices including, but not exclusively, Data Protection and Anti-Money Laundering regulationsOrganisation
Ability to organise and prioritise your own workloads, ensuring activities are undertaken in accurate and timely manner
Assist and support the wider team to manage peaks and troughs of work loadsTraining, education & qualifications
Strong Mathematical and English skills, evidence by a minimum C grade at GCSE/3 Standard Grade
Ideally educated to a minimum of A Level/Higher Standard, or equivalent qualificationKnowledge & Experience
Over 5 years of administration experience within the SIPP and/or SSAS industry would be preferable
Experience of having worked within an independent trustee or investment management environment an advantage
Skills should include:
Excel - create spreadsheets, use of basic formulae
Word - create and format documents to a high standard
Outlook - utilisation of emails
Familiarisation of the following systems an advantage:
Delta's SIPP~Pro, SSAS~Pro and DMM
Bank of Scotland's iSite and Corporate Online banking systems
Sharepoint
Volume by Watermark TechnologiesPlease click on the APPLY button to be directed to the company's recruitment page.
Candidates with experience of: Customer Service Support, Financial Services Administrator, Financial Services Support, Customer Service Advisor, Client Support, Customer Service Admin may also be considered for this role
Location: Birmingham
Salary: Competitive
Job Type: Full Time, Permanent
Punter Southall SIPP are your resource for SIPP and SSAS.
We operate a full and simple Self Invested Pension Plan (SIPP) via a master trust, and we also offer professional trustee services for Small Self Administered Schemes (SSAS).
Role Overview:
To process all aspect of bespoke SIPP and SSAS administration, in a professional and team orientated manner. Punter Southall SIPP staff must adhere to the FCA's Fair Treatment of Customers consumer outcomes and Conduct Risk requirements.
Key responsibilities & accountabilities:
Assisting the team in providing a quality and efficient service to all clients when processing new business and ongoing servicing
Inputting client data into SIPP~Pro or SSAS~Pro when setting up new plans or schemes and maintaining the data throughout the lifetime of the lifecycle
Setting up designation bank accounts with Bank of Scotland
Crystallising of pension benefits and making pension commencement lump sum and/or income payments
Ability to apply the correct tax code to income payments made
Recognising the various transitional protections that can apply to a plan and ensuring that the correct LTA is applied
Declaring and arrangement settlement of Lifetime Allowance charges via HMRC's online services
Creation of contributions within SIPP~Pro or SSAS~Pro and issuing CPCs 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 standard and non-standard assets that are as set within the firm's permitted investments list
Creation of payments using the Bank of Scotland's iSite and Corporate Online systems
Utilising relationships with inter-company and external professional connections, including accountants and financial advisers
Liaising with regulators bodies where required, such as HMRC and The Pensions Regulator
Dealing with day to day administration queries either via post, the telephone, or email, directly with clients or via professional connections
Ensure that volume, SIPP~Pro and SSAS~Pro records are up to date with member details and all relevant policy informationAbout you:
Client Focus
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 escalate/refer client issues/queries to PrincipalAttitude and Commitment
Flexible, pro-active, willingness to co-operate and support others, showing initiative, team as well as personal commitmentCommercial Focus
Ability to support projects/business plan as required incorporating the Fair Treatment of Customers consumer outcomesQuality
Ensure all aspects of work are carried out to the highest standards, accurate, persevering to complete task
Ability to follow all procedures and working practices including, but not exclusively, Data Protection and Anti-Money Laundering regulationsOrganisation
Ability to organise and prioritise your own workloads, ensuring activities are undertaken in accurate and timely manner
Assist and support the wider team to manage peaks and troughs of work loadsTraining, education & qualifications
Strong Mathematical and English skills, evidence by a minimum C grade at GCSE/3 Standard Grade
Ideally educated to a minimum of A Level/Higher Standard, or equivalent qualificationKnowledge & Experience
Over 5 years of administration experience within the SIPP and/or SSAS industry would be preferable
Experience of having worked within an independent trustee or investment management environment an advantage
Skills should include:
Excel - create spreadsheets, use of basic formulae
Word - create and format documents to a high standard
Outlook - utilisation of emails
Familiarisation of the following systems an advantage:
Delta's SIPP~Pro, SSAS~Pro and DMM
Bank of Scotland's iSite and Corporate Online banking systems
Sharepoint
Volume by Watermark TechnologiesPlease click on the APPLY button to be directed to the company's recruitment page.
Candidates with experience of: Customer Service Support, Financial Services Administrator, Financial Services Support, Customer Service Advisor, Client Support, Customer Service Admin may also be considered for this role
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