Head of Advice Policy

Posted 6 September by MERJE Ltd
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The Head of Advice Policy will work at a strategic level to provide technical guidance which contributes to the goals and effectiveness of the advice team with the aim of ensuring the business provides an outstanding experience for their clients.

Key responsibilities include:

  • Adhere to the business advice standards in order to deliver a cost effective, compliant and efficient sales and advice process
  • Provide technical expertise and a point of referral for the advice team
  • To provide training and support to the advice team on all technical aspects
  • Complete product evaluation and research (including platforms) to provide an up to date best advice panel to meet clients’ needs
  • Negotiate with providers to ensure the business is on the best terms available
  • Ownership of the ongoing advice and service proposition
  • Identify, recommend and implement improvements to the advice proposition in line with policy, industry practice and regulatory requirements designed to deliver efficiency, quality and cost benefits
  • Work with the Investment Team to ensure the Centralised Investment Proposition (CIP) solutions are available via potential product partners that make up the company panels
  • Working in conjunction with the Operations Team, oversee and maintain processes within the advice function, including the use of workflows and document templates
  • Identify areas for process improvement and effectively design and deliver solutions in a collaborative way with relevant departments
  • Design, develop and deliver value adding MI to various areas of the business
  • Work closely with the Compliance team to ensure all Company procedures and guidelines, as well as FCA regulations are adhered to
  • Assess the impact of any FCA guidance and publications on the business
  • Build and maintain strong working relationships with the financial advisers, clients and other internal departments
  • Drive consistency of delivery of advice, and promote the use of holistic advice across the business
  • Attend and present at departmental, executive and Board meetings as required
  • Promote effective communication across the business
  • Ensure best practice is shared and consistency achieved in operational processes and client service
  • Working with the Risk Team, carry out departmental risk assessments and act as required
  • Act as Committee Secretary to the Investment, Oversight & Advice Policy Committee (IOAPC)

The Person:

  • Previously held a similar senior level technical position in a wealth company
  • Thorough knowledge of the financial services industry
  • In depth technical expertise in a range of financial services products, particularly investments, retirement planning (including Defined Benefits Transfers) inheritance tax planning and trusts
  • Experience of risk profiling and cashflow modelling
  • Minimum 5 years management experience - track record of managing successful teams
  • Understanding of IO with a good knowledge of platforms and providers
  • CF30 requirement and current SPS

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

Reference: 43943550

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