We are working with an established Financial Planning firm looking to recruit an experienced Paraplanner to join their team.
The successful candidate will provide technical and administrative support to one or more Financial Advisers, ensuring the advice process is managed efficiently and in line with regulatory and compliance requirements.
This is a varied role involving research, suitability report writing, investment and pension planning, client reviews and supporting Advisers throughout the financial planning process.
Key Responsibilities:
- Manage client tasks and advice processes using the firm's back-office system, ensuring all procedures are followed correctly.
- Maintain a thorough understanding of advice processes, including high-risk business, compliance pre-approval, fund switches, withdrawals and client reviews.
- Hold regular meetings with Financial Advisers to discuss new business cases, submissions and ongoing client requirements.
- Monitor Adviser pipelines, business targets and performance against objectives, where required.
Research a range of financial products and assess their suitability based on individual client circumstances, objectives and needs.
Prepare detailed client suitability reports covering:
- Protection
- Pensions and retirement planning
- Investments
- Equity release
- Cashflow forecasting
- Keep up to date with current financial services regulations and legislation, applying these to individual client recommendations.
- Understand and apply the firm's investment processes and solutions, ensuring recommendations align with clients' attitudes to risk, personal circumstances and financial objectives.
- Support Advisers in preparing for client meetings and completing regular client reviews.
- Assist with building cashflow models to help clients understand their financial position and forecast future financial scenarios.
- Work closely with Advisers to ensure recommendations are suitable and all client paperwork is complete and compliant.
- Manage fund switches across client pensions and investments, ensuring portfolios remain aligned with agreed risk profiles.
Systems & Software:
Experience using financial planning software and back-office systems is beneficial. Systems used within the business include:
- Genovo
- SelectaPension
- Dynamic Planner
- X-Plan
- Voyant
- FE Analytics
- Defaqto Engage
- UnderwriteMe
- Micap / Tax Efficient Review
- Structured Edge
- Microsoft Office
Provider & Platform Experience:
- Develop a good working knowledge of provider platforms and online systems.
- Navigate provider websites and locate relevant information and documentation.
- Obtain the necessary documentation to support new business applications.
- Complete online transactions, including fund switches, withdrawals and cash management.
- Maintain and update client information accurately.
About You:
- Previous experience working as a Paraplanner within financial services.
- Strong technical knowledge across pensions, investments and protection.
- Experience researching financial products and preparing suitability reports.
- Good understanding of financial services compliance and regulatory requirements.
- Experience supporting Financial Advisers with client meetings and reviews.
- Knowledge of cashflow modelling and financial planning software.
- Strong analytical skills and excellent attention to detail.
- Highly organised, proactive and able to manage competing priorities.
- Confident communicating with Advisers, providers and clients.
- A commitment to delivering accurate, compliant and high-quality work.
Interested?
If you're an experienced Paraplanner looking for your next career opportunity, we'd love to hear from you.
Apply today with your CV to find out more!
