Location: London (Hybrid) or Fareham (Office based)
Overview
Our client is dedicated to improving the financial wellbeing of its clients by developing comprehensive financial planning and investment strategies tailored to individual objectives.
Role
As a Paraplanner, your role is to provide vital support that encompasses research, report writing, quotations, and preparation of suitability reports for the financial advisers you assist. With a minimum of 2-3 years of experience in an IFA (Independent Financial Adviser) environment, you will demonstrate exceptional technical knowledge across all financial planning areas. You should also possess a keen awareness of current markets and industry regulations, along with the proactive attitude needed to thrive in a fast-paced environment.
General Responsibilities
- Accurately prepare suitability reports and letters within specified deadlines.
- Ensure all client work adheres to compliance standards and is accompanied by the requisite documentation.
- Conduct comparative research to facilitate client recommendations.
- Perform technical research as part of the existing arrangement review process.
- Engage in tax planning analysis.
- Produce and analyze cashflow models.
- Gain insights into clients' overall financial positions through IFA fact-finding.
- Collaborate with relevant IFAs to determine and gather necessary client information for suitability checks.
- Investigate and provide accurate responses to client queries.
- Conduct annual reviews in accordance with service level agreements (SLAs).
- Maintain compliance with the Financial Services and Markets Act 2000 and relevant FCA rules.
- Adhere to company compliance, TCF (Treating Customers Fairly), T&C (Training and Competence), and financial crime (anti-money laundering, data security, anti-bribery, fraud, and corruption) procedures.
- Stay current with product, legislative, and technical changes.
- Achieve and sustain a required level of competence.
- Uphold performance standards as mandated by the firm.
- Ensure accurate and up-to-date recording of relevant Continuing Professional Development (CPD).
- Demonstrate a strong understanding of financial products and services.
- Adhere to company and compliance standards and procedures.
- Assess suitability in line with client goals.
- Apply strong analytical skills to analyze financial records and provide detailed technical commentary.
- Possess excellent literacy skills, including the ability to draft professional, clear reports.
- Operate autonomously and effectively manage workload.
Individual Attributes
- Level 4 diploma qualified preferred - OR a minimum of 5 years Paraplanning if career Paraplanner with no qualifications.
- Strong customer focus.
- Self-motivated, efficient, thorough, and forward-thinking.
- Maintain a professional, proactive, and positive attitude with the ability to multitask.
- Highly developed planning and organisational skills, with the ability to prioritise workload and meet agreed-upon deadlines.
- Excellent communication skills, both written and verbal.
- Analytical thinker.
- High level of interpersonal skills.
- Exemplary accuracy and attention to detail.
If you are an experienced Paraplanner committed to delivering exceptional service and helping clients achieve their financial goals, we encourage you to apply!