Paraplanner

OUR BUSINESS:

Having welcomed clients since 1983, the business has grown organically over the years by putting clients at the core of our proposition. By providing excellent service and outcomes for clients we have achieved significant growth and now look after in excess of £1bn of client assets.

We strive to recruit, develop, and retain individuals who share our vision and values and who want to make a valuable contribution to the continued success of our business. We encourage staff progression which could ultimately include the future opportunity of taking part in equity ownership in the business subject to business need and individual assessment. A key part of the business’s succession planning has been developing ambitious employees who wish to take part in the most fundamental of ways i.e., partnership.

Our office is based in Enderby, Leicestershire and we service high net worth clients across the UK. We look to build long term client relationships based on trust, professionalism, and support which is echoed in our staff approach. This year we were delighted to receive for the fourth time a “Best Financial Advisor to Work for” award by Professional Advisor, following their review of our company policies and anonymous employee feedback. 

We are committed to the highest standards of knowledge and skill as demonstrated by our Chartered Status. Our employees are consistently encouraged and supported to challenge themselves and to develop their qualifications.

Our business has grown on a foundation of excellent service, high standards of advice and a commitment to treating both staff and clients with the utmost respect.

People are at the heart of everything we do, delivering professional excellence by developing, sharing and applying our expertise. All built on a foundation of trust and empowerment to take ownership.  

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.

QUALIFICATIONS & EXPERIENCE

ESSENTIAL:

·        Diploma in Financial Planning – Part Qualified  (or equivalent)

·        Financial service administration experience

·        At least 2 years’ experience as a paraplanner.

KNOWLEDGE AND SKILLS REQUIRED

ESSENTIAL:



• Candidates should be part-qualified towards the Financial Diploma and willing to complete it within a reasonable timeframe. 
• 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:

• Knowledge of the firm, its product and services, and procedures

·        Knowledge of the services that the firm provides to clients.

·        Experience using Virtual Cabinet and Intelliflo Office & Planning

DISPOSITION:

·        Able to work to deadlines.

·        Able to prioritise work.

·        Desire to be part of a team, although able to work on own initiative.

·        Organised

·        Willing to undertake further study and CPD to improve technical knowledge.

• 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