Independent Financial Advisor - Self employed consultant

Must Haves

APFS or ACII or equivalent (E)

Proven Experience as a FCA Approved Wealth Manager

Working knowledge of FCA and HMRC regulations

Interpersonal skills

Proven ability to deal with high profile clients

Negotiation and presentation skills

Analytical and investment skills

Accuracy and attention to detail

Team working

Must have their own Limited company and client bank for tax purposes

1. You must act with integrity.
2. You must act with due care, skill and diligence.
3. You must be open and co-operative with the FCA, the PRA and other regulators.
4. You must pay due regard to the interests of customers and treat them fairly.
5. You must observe proper standards of market conduct.

Role Specification

What the role holder needs to do to achieve the role purpose

Role Specific Responsibilities

1. Be aware of and be able to apply the key FCA rules relating to pension, investment, estate

1. Comply with the requirements of the Financial Services and Markets Act 2000, and the FCA

Principles and Rules and the Individual Conduct Rules as listed above.

1. Conduct ‘Know Your Customer’ enquiries in accordance with regulatory requirements and the

relevant client agreement – Establish contact with clients and gather sufficient information

needed to provide suitable advice applying the principles of KYC; ensure that there is enough

1. Analyse client data accurately, research the most appropriate investments for clients on an

independent, whole of market basis – be able to analyse client information conscientiously and

accurately in order to provide suitable advice; understand and apply all of the company’s

1. Perform clear client presentations - present suitable advice to clients in a concise and balanced

manner explaining clearly charges and disadvantages, together with the main reasons for the

1. Complete paperwork accurately and completely - Complete all basic documentation for advice

in a thorough and conscientious manner; ensure that the suitability letter is clear and covers all

1. Advise clients on an ongoing basis on their personal pension, ISA, GIA and Bond investments,

1. Monitor clients' portfolios in accordance with their investment objectives, restrictions, and risk

1. Attend internal and external company and manager meetings.
2. Establish and maintain strong client relationships.
3. Develop new client relationships through direct client and/ or intermediary contact or referral

1. Maintain regular contact with other intermediaries and investment managers.
2. Make formal presentations to potential and existing investors on PBIM products and services

1. Provide regular communication and reporting to clients and intermediaries.
2. Maintain working relationship with Operations, Administration and Compliance departments
3. Implement the correct anti-money laundering procedures to ensure all information is collated

1. Ensure relevant client information is fully recorded.
2. Ensure complete and accurate records are retained in relation to investment transactions and

1. Regularly monitor client’s portfolio performance against industry benchmarks.
2. Obtain PBIM approval for any changes/ re-negotiated terms of client agreement.

1. Keep separate records for each private customer of every pension transfer arranged, whether

advised or not, and retain these records indefinitely.

Compliance, risk, governance and legal

 Act in accordance with the FCA's Statements of Principles and Code of Practice for Approved

Persons. In particular, act with integrity, due skill care and diligence whilst observing the proper

standards of market conduct and act in accordance with FCA Treating Customers Fairly principles.

Manage risk within area of responsibility in order to mitigate errors and breaches.

Observe any specific risk tolerance as notified to you.

Adhere to client mandates.

Meet responsibilities as documented in the Disaster Recovery Plan.

Adhere to compliance procedures including FCA rules and HMRC requirements in all aspects of the

job.

Project Management

Identify areas for development, efficiency or improvement, proposing courses of action to your line

manager

Actively initiate and contribute as required to projects and initiatives

Manage own competence: Continued Professional Development (CPD)

Maintain Competent Status

Ensure suitable and relevant CPD is undertaken to maintain competence in the role. Ensure that

learning is applied to the workplace in a timely fashion and its application reviewed.