Experienced & Chartered Paraplanner
Wigan | Office based
Salary is up | £35,000 - £45000
NJR are excited to be yet again partnered with dynamic and forward-thinking Financial Advising Practice who are committed to delivering exceptional service and tailored financial advice to clients. Their team is passionate about providing expert guidance and support to client achieve their financial goals. An experienced Paraplanner is now required, Diploma Qualified, who is eager to advance towards Chartered status. The successful candidate will play a critical role in the team, providing comprehensive paraplanning support, conducting detailed research, and crafting complex financial reports.
This client offeres many great benefits such as Pensions, Health Cash Plan and many more.
Duties would consist of;
- Financial Analysis: Conduct in-depth analysis of clients' financial situations, including their income, expenses, assets, liabilities, and financial goals. This analysis may involve using financial planning software and tools to create detailed financial plans
- Report Preparation: Prepare comprehensive financial planning reports, including investment analysis, retirement planning, risk management, tax planning, and estate planning. These reports should be tailored to meet the specific needs and objectives of each client.
- Client Communication: Communicate with clients to gather necessary financial information, clarify their financial goals and objectives, and explain the details of their financial plans.
- Regulatory Compliance: Stay informed about relevant regulations and compliance requirements in the financial services industry, ensuring that all financial plans and recommendations adhere to regulatory standards and guidelines.
- Research and Due Diligence: Conduct research on various financial products, investment options, and strategies to support the development of sound financial plans. This may involve evaluating investment opportunities, analysing market trends, and assessing the performance of different asset classes.
- Recommendation Support: Assist financial planners in developing suitable investment recommendations and strategies based on clients' risk tolerance, time horizon, and financial objectives. This may include asset allocation modelling, investment selection, and portfolio construction.
- Documentation and Record-Keeping: Maintain accurate records of client interactions, financial plans, recommendations, and other relevant documentation. Ensure that all client files and records are organised and up-to-date, in compliance with internal policies and regulatory requirements.
- Continuous Professional Development: Stay abreast of developments in the financial services industry, including changes in regulations, tax laws, investment products, and financial planning strategies. Pursue ongoing education and professional certifications to enhance skills and knowledge.
In addition to working as part of the team and covering the tasks above, our Senior Paraplanners will undertake the following:
- Report Preparation: Undertake complex report writing
- Client Communication: Often serve as a point of contact for clients and may participate in client meetings alongside financial planners
- Research and Due Diligence: Conduct analysis and research on more complex financial products, investment options, and strategies to support the development of sound financial plans.
- Training and Mentorship: Provide guidance and support to paraplanners or other team members, sharing knowledge and best practices related to financial planning processes, software tools, and industry trends.
- Workflow Management: Coordinate tasks and deadlines effectively to ensure timely completion of client deliverables and administrative responsibilities. Prioritise tasks based on urgency and importance, delegating tasks as appropriate within the team when requested
Skills and Experience:
- Ability to work with accuracy and attention to detail - essential
- Fully qualified Paraplanner (Diploma with progress towards Chartered)
- Knowledge of iO ,Excel and other research, analysis and data management tools - essential
- Ability to work under pressure to meet deadlines - essential
- A team player - essential
- Good communication both verbal and written - essential
- Ability to coach, manage and mentor a team and ensure accurate work within tight deadlines - essential
- Broad knowledge of the financial services sector - desirable
- Be able to roll out new processes to the team - desirable
Apply online for further information or contact one of our specialist Consultants quoting reference number NJR 15088