Corporate Pensions Consultant
Role and Responsibilities – Corporate Pensions Consultant
Reporting to a direct Line Manager – Pensions & Savings, this role is responsible for providing first class financial advisory support to a portfolio of Corporate Clients, and in achieving agreed targets and objectives in a compliant and profitable manner.
Some of the key responsibilities of the role include:
1. Responsibility for allocated clients, including maintaining existing clients, new business enquiries, and making contact with potential new clients, overall assisting clients to make informed decisions
2. To build a working knowledge of the Department’s client base, being able to comfortably communicate with any team client on day-to-day matters
3. Liaising with clients, consultants, internal departments and Product Providers, and develop appropriate business relationships. Working closely with existing and new clients to ensure excellent service delivery across the business
4. Monitoring the profitability of clients with reference to the volume of work undertaken and the income generated
5. Reviewing existing clients’ circumstances with a view to identifying and implementing appropriate new business, not only within the Pensions & Savings Department, but also potential for other Departments and partner arrangements, and providing assistance to other Departments as and when reasonably required
6. To meet agreed client income and activity targets
7. In all cases, obtain the required information to enable a full analysis of the clients’ needs to be conducted; construct appropriate solutions using the principles of suitable advice; produce reports and recommendations to the Firms’ standards and implement solutions agreed with clients
8. Ensure compliance with Broadstone and FCA rules. This includes the FCA Code of Practice for Approved Persons, FCA Principles for Businesses, Anti-Money Laundering regulations and Data Protection regulations. Liaise with the Compliance Department in an open and honest manner, advising them of any matters that should be brought to their attention
9. Maintain an effective level of competence through completing appropriate CPD, constantly reviewing your own training needs and, in conjunction with their Line Manager – Pensions & Savings, addressing those needs in an appropriate and timely manner. This includes keeping up to date with financial products and legislation, and working towards or updating professional qualifications where appropriate
10. To perform any other duties and jobs that their Line Manager – Pensions & Savings may, from time to time, reasonably request.
How will you know that the Corporate Pensions Consultant is performing their job well?
The Line Manager – Pensions & Savings will manage this role by reference to the above performance criteria and other agreed measures.
You must be very well organised, have excellent attention to detail and strong communication skills. As this role is client facing, you must be personable and presentable, with an ability to develop business relationships at all levels. You must have a strong numerical aptitude with a statistical bias.
Full driving licence and own transport essential, as our client bank is nationally based, and some travel will be required.
Knowledge and experience of Corporate Benefits, especially Pensions and in particular Auto Enrolment, Defined Contribution and Defined Benefit arrangements essential.
Minimum Level 4 Diploma in Financial Planning Qualified.