Paraplanner

Paraplanner - Berkshire - £35K - £50K

The Opportunity:

I’m working with an IFA Firm who are looking for a Paraplanner to join a rapidly expanding Financial Services Practice which provides highly personalised financial planning and investment management service.

This role is fully supported by a full team of Administrators. It is the Paraplanner's responsibility to collaborate with the financial advisors to prepare recommendations and produce suitability reports in line with company policy. This includes maintaining client records, and occasional data gathering and application form preparation and submission. The role will involve promoting the company’s services in a professional and FCA-compliant manner.

Core Duties and Responsibilities:

• You will lead the preparation of suitability reports for approval by the Financial Adviser, in line with company policy, and prepare associated documentation as required. Working with the administration team, this will include the pre-completion of documentation ready for clients to check and sign.
• You will have at least Level 4 Diploma in Financial Planning or equivalent so able act as a knowledge bank for queries of a technical nature, and when the adviser isn’t available.
• Responsible for day-to-day paraplanning tasks - identifying what’s required, where client cases have information missing or outstanding actions. Then working with the advisers and administrative team to obtain this information and subsequently writing a suitability report ready for adviser approval.
• Record any client communications (whether that communication is written, oral or electronic) including client-related communications with third parties. Client communications and client-related communications are required to be recorded on the client’s file in line with company policy in clear and intelligible English.
• Assist in identifying areas for planning and sourcing solutions suitable to meet the client’s needs and objectives. This will include assisting in the preparation of tax calculations where necessary.
• You may at times be required to assist and provide support with administrative functions, for example new business processing, income matching, collating and providing management information, and organising future planning meetings with the client on behalf of the Financial Adviser.
• Where necessary you will liaise with product providers and other third parties to acquire any additional information that may be required in order to assess the client’s needs and to help formulate any recommendations made by the adviser.
• On occasion it may be necessary to deal with technical queries from clients.
• You will commit to continuous personal development, keeping knowledge up to date and retaining supporting records for review.

Education, Qualifications & Training:

• 5 years Financial Services Paraplanning Experience.
• Level 4+ Financial services qualifications.
• Technical knowledge may be validated from time to time through internal assessment.
• To pass probation there are a series of short compliance, money laundering and basic knowledge tests.

IT Skills

• Fully competent in all the major desktop applications (proficient in Microsoft Word, Excel and Outlook etc).
• Previous experience using reporting writing software is a distinct advantage.

Benefits

• Free parking
• Career support
• Pension
• Competitive Salary

What's next?

Apply today to be considered for this Paraplanner role. If suitable, one of our specialist consultants will be in contact to discuss the opportunity with you in detail before submitting your CV to the client.