Paraplanner

Our Client

Our client is a very well respected and established firm of IFAs based in Wilmslow, Cheshire. They are currently recruiting for an experienced Paraplanner to join their team.

Their technical/paraplanning team complete all research, cashflow analysis and reports in-house. With the exception of O&M and FE Analytics, they manually complete research and analysis, with this in mind they are looking for a Paraplanner who has an excellent working knowledge of Excel for cashflow purposes.

It is very much a technical team, working with advisors who have high net worth clients and thus the requirement for full and complex financial planning. They also work on DB analysis, completing the FVC and APTA analysis in-house.

A Paraplanner is regarded as a highly technical and qualified individual who can offer skills in addition to those of the Advisor to provide the client with a positive professional experience.

The Paraplanner role requires the individual to work closely with the Advisors to provide support to them and their clients.

The Paraplanner will work as an integral part of the administration team and will report into the Paraplanning Manager and the Office Manager.

Pensions, Investments, Protection & Trusts/Estate Planning.

• Assisting in the preparation and maintenance of client records
• Preparing recommendations
• Preparing Annual Reviews
• Assisting in the preparation and maintenance of central research systems, procedures and appropriate wording/appendices for suitability reports

• Understanding of risk profiles, investment risk
• Discuss client objectives with the Advisor
• Identify missing client information pertinent to formulating recommendations
• Attendance at client meetings, if required
• Maintain compliant client records electronically and on back office system.
• Be responsible for ensuring that all compliance procedures are adhered to; liaise with other team members that carry out the non-technical administration
• Completion of internal compliance forms
• Store all research, reports and letters within the central location

• Ability to understand and identify client shortfalls in financial arrangements and areas that require financial planning
• Undertake research to identify suitable solutions to meet client needs
• Prepare information / comparisons for analysis by the advisor
• Ability to consider current and future asset allocation of assets for investment strategy with regard to clients risk profile in line with mandates
• Research of investment funds where necessary as well as financial products
• Use of research systems such as O&M, FE Analytics
• Document recommendations through preparation of Suitability Reports and Letters.
• Request Illustrations from providers, obtaining fund factsheets, research.
• Arrange provider meetings, if required and agreed with Office Manager.
• Completion of recommendation templates, i.e. replacement contract forms etc.

• Preparation of Investment Review and Annual Review Reports

• Construct and maintain a central bank of research procedures such as Structured Product & WRAP Platform research in line with compliance guidelines
• Construct and maintain information relating to Investment Management across all products and wrappers for both in front of client and in-house purposes
• Construct and maintain centralised standard wording/report inserts/appendices for Suitability Reports and structures for use for all advisory and technical staff

• Hold diploma
• Providing technical support to administration team members and Advisors
• Maintenance of technical and industry knowledge and adherence to Paraplanning T&C Scheme.
• Attendance and participation at management, compliance, provider meetings, as and when required.
• Involvement in projects
• Must have strong organisational skills and the ability to multi-task.
• Must be able to demonstrate efficient and accurate working practises at the highest level with attention to detail and technical knowledge.
• Must ensure that individually and as a firm Treat Customers Fairly.

• Ensure good time management at all times
• Adhere to the company rules and regulations and professional body requirements
• Make viable recommendations to improve the performance of the job
• Complete any other duty delegated by the Paraplanning and Office Managers

• Communication
• Planning/Organising Skills
• Teamwork
• Ability to work unsupervised
• Initiative/diplomacy
• Flexibility
• Telephone Skills
• Excellent IT Skills in Word and Excel
• Product Knowledge
• Compliance Knowledge