My client are a UK firm of Pension Scheme Specialists and Wealth Managers with offices based in Leicestershire, servicing high net worth clients, across the UK. They are now looking for a Paraplanner, to join their paraplanning team. ROLE OVERVIEW:
The Paraplanning Team are responsible for producing all of the firms Suitability Reports, offering technical support to the advisers, conducting product research and comparison, completing cash flow analysis and project work in relation to improving processing and effective working.
MAIN TASKS
SUITABILITY REPORTS:
Preparation of suitability reports that meet FCA requirements for a variety of clients ensuring effective documentation and client communication.
Work closely with Financial Planners and the wider teams to obtain all relevant information.
RESEARCH:
To assist the Head of Paraplanning to carry out research and due diligence in relation to third party products and services recommended to clients.
To assist in the annual cost comparison benchmarking of our SSAS and SIPP products against our competitors
To work closely with other members of the Paraplanning Team
To provide technical support to pension teams and consultants alongside other members of the Paraplanning Team
To maintain good working relationships with colleagues, third party providers and clients
To maintain records that meet the requirements of the firm and the FCA.
OTHER AREAS:
To produce cash flow reports for Financial Planners to help improve client experience and compliance of work undertaken.
To produce one off comparisons and reports for bespoke client cases where necessary
To assist the Head of Paraplanning to support the Group Team with regard to processes and day to day queries.
Report to the Head of Paraplanning on a day-to-day basis (or other frequency as agreed on and varied from time to time) regarding; workload, and legislative issues.
PERSON SPECIFICATION
QUALIFICATIONS & EXPERIENCE
ESSENTIAL:
Diploma in Financial Planning (or equivalent)
Financial service administration experience
At least 2 years' experience as a paraplanner.
KNOWLEDGE AND SKILLS REQUIRED
ESSENTIAL:
To have critical analysis skills in order to decipher information from notes and files in order to prepare reports and cashflows.
Knowledge of the advice process.
Knowledge relating to pension, investment and protection products and their application in financial planning.
Knowledge of the FCA rules relating to Conduct of Business, Money Laundering, Training and Competence, and Client Money and the ability to adapt these to the workplace to ensure compliant practices.
Knowledge of Data Protection legislation and the ability to apply this within the workplace.
A good working knowledge of Outlook, Word and Excel
Ability to communicate effectively with clients, third parties and professional connections via various methods - phone, letter, e-mail, etc.
Ability to operate an effective diary system.
Ability to create and maintain accurate computer-based records.
Excellent written and verbal communication skills.
DESIRABLE:
Experience using Virtual Cabinet and Intelliflo Office & Planning
PAY & BENEFITS:
Salary £35,000 to £42,000 per annum (dependant on qualifications, knowledge, and experience)
4 x salary life assurance
Pension; 5% employer contribution - Increasing incrementally in recognition of service. Salary sacrifice scheme available.
Discretionary bonuses
24 days' holiday - Increasing incrementally in recognition of continuous service
Health Cash Plan Scheme.
Free parking
Hybrid Working Scheme - Following completion of initial training and induction
If you wish to be considered for this role, please email your cv to or call me to discuss on .
If you have not heard from us within three weeks of submitting your application, please assume that your application has been unsuccessful on this occasion. We thank you for your interest and encourage you to apply for future opportunities.