We are a Wealth Management practice providing bespoke face to face financial advice to individuals and businesses throughout the UK. We are an appointed representative of St. James's Place Wealth Management.
Location: Beckenham (South East London) - Office based position
Paraplanner
Ideally qualified to Level 4 Diploma in Financial Planning + 4 years' experience.
Essential skills required:
- The ability to produce comprehensive, accurate and clear Suitability Reports, to write reports on a wide variety of topics including Pensions, Investments, Inheritance tax, and Protection
- Knowledge of completing & demonstrating cash flow modelling plans ahead of client meetings
- Assist in the preparation of tax calculations where necessary from CGT calculations to top slicing calculations as and when required
- Undertake research to identify suitable solutions to meet the client's needs, this will involve obtaining information, quotes, illustrations and product details in order to provide comparisons for analysis.
- Discuss client objectives with Advisers and Identify any shortfalls in client information and take responsibility to discuss outstanding requirement with the appropriate personnel
- Carry out regular reviews of clients' financial plans, circumstances and objectives
- Deal with complex and technical client queries as and when they arise
- Interpret new technical information, legislative and regulatory changes from various in-house and external sources and ensuring the team remains compliant with FCA and internal compliance procedures.
- Experience liaising with third party providers; to acquire additional information that may be required to assess the client's needs and to assist with our recommendations.
- Experience of back office administration that relates to the paraplanning role such as updating a client's CFR (confidential Financial Review), making sure that client files are audited and all regulatory and company requirements are met at the end of a case
- Undertake continuous professional development to meet regulatory requirements, both internally and externally
- Liaise with Business Assurance (SJP's internal compliance body) and ensure cases are graded as suitable first time on all pre and post approval checks
Required
- Hold Level 4 diploma in Regulated Financial Planning
- Knowledge of research tools & software (e.g. Trustnet, Analytics, Voyant)
- Have a comprehensive understanding of Income Tax, CGT, IHT, Trusts and both DC and DB pension transfers
- Working Knowledge of CYC calculations
- Knowledge in other areas such as protection, IHT and Tax Efficient Investments
- Understanding of industry initiatives including RDR & Consumer duty
- Desire to maintain knowledge of industry developments
- Ability to prioritise workload and liaise with advisers to ensure adequate information is available to progress all cases
- Ability to use (Client and Case Management Systems) in a process driven compliant way. Learning and using our CRM is a key part of the role.
- Ability to use the Electronic Business Submission system
- Ability to follow company and business processes
Person Specification
- Excellent grammar, spelling and punctuation skills;
- A high standard of personal organisational skills;
- Experience of working to targeted service standards and procedures;
- A good working knowledge of regulatory requirements;
- Evidence of continual learning and development of skills and knowledge;
- An adaptable and flexible approach to work within a changing environment;
- Experience of working unsupervised with a high level of self-motivation;
- Good IT skills covering MS Office, MS Outlook, MS Excel and back office system
- CII Diploma in Financial Planning or Regulated Financial Planning
- Knowledge of using CRM systems such as Salesforce
Training & Continuous Development
Full training of company specific software and company compliance requirements will be provided.
- In return we offer:
- Company pension
- Friendly and positive working environment
- Competitive salary
- 25 days holiday plus bank holiday
- Other adhoc benefits the Director provides throughout the year
Please note that this Partner Practice will conduct a standard Financial and Identity check on any candidates who are offered a role within this Practice.