Private Wealth Client Onboarding Administrator

Job Title: Private Wealth Client Onboarding Administrator

• Date: 11 Oct 2024
• Sector: FINANCIAL MARKETS
• Type: Permanent
• Location: London
• Salary: £50,000 - 55,000 per annum
• Email:
• Ref: DB 11/10/2024

A Wealth and Asset Management company based in the City of London is seeking an experienced Senior Client Services Administrator to work with Investment Managers in the Private Client team. The role involves delivering high-quality client service and suggesting improvements to the department's working practices.

This is a hybrid role, with 3 days in the office and 2 days working from home.

1. Work closely with Investment Managers from the start of the client relationship to discuss requirements, arrange account opening, liaise with internal teams and third parties, and maintain ongoing contact with clients.
2. Maintain existing client accounts, including AML reviews, amendments to agreements, sub-accounts, and record keeping.
3. Liaise with third parties regarding custodial matters and the opening of derivative and FFX accounts.
4. Develop ongoing relationships with clients where appropriate.
5. Administer client data on internal and external systems.
6. Handle client queries related to reporting, cash transactions, custody arrangements, and transitions.
7. Coordinate with third-party consultants and audit firms to meet client requirements.
8. Collaborate with colleagues across the business to ensure high-quality service delivery.
9. Assist and train new and junior team members and other departments as needed.
10. Provide support to Investment Managers and cover for the Client Administration Team.
11. Attend client meetings when required.

• Sound technical knowledge and experience of client onboarding within an Asset Management environment.
• Minimum 2 years' experience in a similar role.
• Strong understanding of the structure and organization of Asset Management firms.
• Excellent organizational skills with the ability to work independently and motivate oneself.
• Ability to prioritize tasks to meet deadlines and handle multiple responsibilities.
• Strong written and verbal communication skills.
• Confidence to interact directly with clients and colleagues at all levels.
• Numerical, analytical, and PC skills.
• Knowledge of investment parameters and fee structures for discretionary portfolios.
• Familiarity with investment instruments, securities, corporate actions, and capital gains tax rules.
• Relevant industry qualifications such as IOC.