Paraplanner

My client is a well-established Financial Planning firm with offices based in rural Norfolk.

My client can offer an excellent working environment, working in their beautiful purpose-built office building, here you will feel well looked after and valued as part of an established, professional and positive team.

My client based on the outskirts of Norwich, have been trading since 2010 and are looking for an experienced Paraplanner to join their friendly group of existing admin support staff.

The ideal candidate will have a minimum of two years’ experience working in the sector and have previously used the back-office system intelligent office as well as knowledge of the platform such as Transact, Standard Life, Elevate and OMW (desirable, not essential).

Above all else, you will be a great person to work with, a hard worker and a team player.

My client offers advice with regard to pensions, SIPPS, Savings, Investments, Protection Plans as well as Trust Planning.

Role purpose

This is a key role to provide a first-class technical and proactive support service to my clients Advisers. Working closely with the Advisers, Directors and the client services support team you will be responsible for providing technical guidance and technical advice, ensuring that the centralised paraplanning function of the business provides an accurate, timely and compliant service. You will need to enjoy working as part of a busy and successful team and be able to actively contribute towards a common goal.

You will be fully accountable and self-reliant and be able to produce accurate work with minimum input from others.

The minimum qualification for your role is Level 4 Diploma PFS and my client will assist you with financial support for further training and examinations, actively encouraging progression to Chartered status, but you will be expected to take full responsibility for your continuous professional and personal development.

Relevant Skills and Knowledge

The requisite technical knowledge and qualifications, to meet FCA and company expectations.

Detailed knowledge and understanding of compliance procedures and FCA legislation for suitability report provision and record keeping requirements.

A high degree of technical product and tax knowledge enabling the most appropriate client solutions.

The ability to be able to multi task and juggle a busy workload.

General Responsibilities

• Keep up to date with relevant product, legislative and technical changes.
• Ensure relevant CPD is maintained and recorded accurately.
• Promoting the profile of the business within the professional and wider community.
• Developing and maintaining internal relationships across the business to meet expected business and income targets.

Key Responsibilities

Fund, market, product, technical and financial research and analysis, at client level and company level, with accurate documentation and follow up

Interpreting and analyzing data obtained from Advisers and 3rd parties

Technical research and solution provision in the form of written compliant reports to meet client needs and objectives, meeting all internal and external regulatory requirements

Independently identifying planning needs

Implementing and evidencing clear centralised paraplanning procedures

Proficient use of cash flow modeling software

Coordinating the Paraplan work log and ensuring work is completed within service standards

Communicating with the Advisers regarding their work requests

Maintenance and development of compliant client suitability templates and factual technical collateral

Consulting with the Advisers on client investment, pension, protection and tax planning, making suggestions to the Advisers and confirming proposed actions to the client

Coordination of AIS model portfolio solution and follow up with clients and platform providers

Coordination of client withdrawal requests with provision of suitability report outlining any risks involved with the withdrawal

Coordination of ongoing client assessments of suitability and the drawdown review service

Review investment portfolios, performance and asset allocation

Carry out due diligence

Submitting business and managing the case to completion

Effective time and caseload management

Managing, recording and monitoring client reviews

Assisting with the writing of technical communications for mass communications to clients and professionals

Project work, management and coordination

Providing technical training to team members

Arranging training sessions for the team members

Preparation of existing client files for review and managing review requirements to ensure all client files are compliant

Preparing for client meetings, attending client meetings with the Advisers, building rapport with the clients, contributing to the meetings, taking accurate minutes and following up with the client

Providing technical support to the Advisers and other team members

Answering technical client queries

Ability to achieve desired outcomes with minimum supervision

Updating the company’s research file

Accurate system updating on IO

Competent administration through wrap platforms utilized by the company

Benefits

Pension (auto-enrolment)

28 days holiday (3 of which are kept aside for the festive period office closure)

4 x Death in Service

Full support for relevant Qualifications

Discretionary bonus

Birthday day off if it falls on a working day

Flexible working (start anytime between 8am-9am and finish anytime between 5-6pm)

Early finish on a Friday (3pm)

Free fruit in the office

Flu vaccination voucher