Paraplanner/Pensions Specialist

Recruiter
Clark James
Location
Dorking
Salary
35000.0000
Posted
17 Apr 2017
Closes
16 May 2017
Contract Type
Permanent
Hours
Full Time

Looking for the next step in your career? My client, an established Financial Planning Group, are keen to offer somebody the opportunity to join their team.

The Paraplanner role is to assist The Financial Planners, Consultants and Admin Support team in maintaining existing and developing new client relationships’ and can be broken down into four key parts:

A. Preparing and maintaining client reports

B. Preparing recommendations

C. Implementing recommendations

D. Review

A. Preparing and maintaining the client file

Generally, the Financial Planner should collect the qualitative information (client attitudes, life goals etc) leaving the Paraplanner to collect all the quantitative detailed information required to compile a financial report. The Paraplanner may attend client meetings- however, most of the work is based on collaboration and handover discussions with the Financial Planner or Consultant Specific activities include:

  • Check all compliance paperwork is present
  • Confirm client risk profile is determined
  • Discuss client objectives with planner
  • Identify and obtain the information necessary to compile financial cash-flow forecast
  • Compile draft net worth statement; income and expenditure statements and financial cash-flow forecast and discuss with planner

B. Preparing recommendations

  • Identify areas for planning
  • Undertake research both independently and with the Financial Planner to identify suitable solutions to meet the clients’ needs
  • Prepare information/comparisons for analysis by planner
  • Liaise with clients legal and tax advisers (if applicable)
  • Consider current and future allocation of assets for investment strategy with regard to client risk profile
  • Prepare draft recommendation reports to be discussed/signed off by planner

C. Implementing recommendations

  • Prepare suitability letters in accordance with the agreed recommendations
  • Complete application / proposals forms
  • Ensure all compliance paperwork is in order
  • Make changes to clients’ investments as instructed
  • Liaise with Support Team to implement the chosen investment strategies

D. Review

  • As part of the Client Review Process - review investment portfolio, asset allocation, risk profile etc
  • Amend, re-balance and update all financial planning software after each financial review
  • Assist with sales support team as required

Key skills/Experience required

Essential

  • Understanding of the Financial Planning process
  • Able to work within defined business processes
  • Ability to achieve agreed outcomes without supervision
  • Prioritise and plan own workload
  • Detailed and accurate
  • Articulate
  • Excellent interpersonal skills, both written and verbal
  • Ability to multitask and prioritise effectively
  • Good IT skills
  • Good report writing skills
  • Ability to work independently and in a team
  • Experience in CRM and Report Writing Systems

Desirable

  • Broad knowledge of financial services profession
  • Experience in fee-based financial practise
  • High level of technical knowledge
  • Experience/understanding of Intelligent Office, FE Analytics, Dynamic Planner, SelectaPension, Exchange, AdviserAsset Synaptics research.

Qualifications

Essential

  • Financial Planning Certificate or equivalent
  • Taxation (J01) or equivalent

Desirable

  • Trusts (J02)
  • Investments (IMC)
  • Other technical areas (Pensions, Long-term Care)
  • Financial Planning Diploma or equivalent ( Level 4)

In return, there is a salary to c. £50k plus bonus and benefits and an excellent opportunity to progress within the group.

Applications are welcome from suitably experienced and qualified candidates, perhaps with a confidential and discreet chat in the first instance.