SIP Administrator

Role Summary – SIP Administrator, Employee Services

Join a dynamic, Share Incentive Plan (SIP) Operations team that plays a critical role in helping employees across major organisations share in their company’s success. With over 20 specialist colleagues based in Worthing, Chennai, and Bangalore, you’ll become part of a collaborative, fast‑paced environment where accuracy, teamwork and problem‑solving really matter.

This is a hybrid role (60:40 office split) offering flexibility, support, and the chance to build deep expertise in a high‑value area of financial services.

What Makes This Role Exciting?

• You’ll have real responsibility from day one, owning key processes that directly impact thousands of employees and their investments.
• You’ll work with large-scale transactions — often running into millions of pounds every month.
• You’ll become a specialist in a complex, HMRC‑regulated product used by some of the UK’s biggest brands.
• You’ll be part of a team that values continuous learning, precision, and doing things the right way.

What You’ll Do

As a SIP Administrator, you’ll be at the heart of daily operations, ensuring the smooth, compliant, and timely running of one of the industry’s most significant employee share plans.

You’ll work within a close‑knit sub‑team, taking ownership of one or more core processes such as:

• Daily processing of incoming funds
• Payroll reporting
• Share purchases
• Dividends
• Reconciliations
• Sales, transfers and settlements

Your role helps ensure the plan runs flawlessly — meeting strict HMRC rules, delivering for clients, and supporting the Trustee in their responsibilities. When something doesn’t look right, you’ll be empowered to escalate quickly and effectively.

Your Core Responsibilities

• Drive the day‑to‑day operation of the share plan with accuracy and care
• Gain strong knowledge of our primary system (SIP system) and learn others as needed
• Work as part of a team to complete key tasks like purchases, sales and dividends
• Ensure all activities are completed within SLA
• Manage inbox queries from internal teams and external stakeholders
• Collaborate with colleagues to deliver seamless service
• Maintain awareness of key regulations including COBS, CASS and HMRC rules
• Use the EQ escalation framework to manage risks responsibly

What You’ll Bring

You’ll thrive in this role if you are someone who enjoys problem‑solving, working with data, and contributing to a team that takes pride in doing things accurately, efficiently, and collaboratively.

Key Skills & Competencies:

• Strong attention to detail and a commitment to quality
• Self‑motivation with the ability to work independently
• Great organisational and time‑management skills
• Ability to work well under pressure and meet deadlines
• Comfort working as part of a team
• Strong English language and communication skills
• Good MS Office skills (Excel experience is a bonus)
• Ability to identify and mitigate risks
• Understanding of policies and how to apply them in practice

Why This Role Matters

As part of EQ’s SIP team, you’re not just processing transactions — you’re supporting the financial wellbeing of employees across the country, helping them build ownership in their companies and benefit from long‑term growth.

Your work is meaningful, high‑impact, and valued.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks