Sick of soul-sucking paraplanning gigs where your talent goes unnoticed and your ideas die in someone else's inbox?
At Vital Financial Planning, we're building something fresh. We're young. We're growing. And we're flipping the script on what a modern financial planning firm should look and feel like. No bloated hierarchies. No crusty sales culture. Just real humans doing brilliant work that changes lives.
You'll be a core part of the team, with a direct line to the founder. If you're sharp, driven, and want your work to actually matter, then this is your shot.
Role Specifications
Job Title
Paraplanner
Purpose of Role
To work alongside Financial Planners (FP) taking full responsibility for preparation and maintenance of client files, preparation and implementation of recommendations and Financial Plans (including cash flow forecasts), and ongoing reviews of client affairs. To keep up to date with technical issues and undertake necessary research.
Reports to
Company Director
Location
Newport, South Wales
Hybrid role with flexibility depending on applicant preferences
Approx 4 days per month required in office (details negotiable)
Office space always available if desired/required
Salary
£40,000 to £55,000
Examples:
Diploma qualified, 3+ years' experience = lower end of range
Chartered, 8+ years' experience = higher end of range
Working Hours
35 hours per week
Core hours 10am-12pm and 2pm-3pm, with flexibility around start, finish and lunch times
Finish at lunchtime on Fridays
Holidays
20 days annual leave plus bank holidays, increasing by 1 day per year of service up to a maximum of 25 days plus bank holidays
Office also closes for two weeks over Christmas - this is not taken from annual leave (typically another 7 days annual leave)
Additional Benefits
Support/funding for further professional qualifications
Matched pension contributions up to 8% of salary
Death-in-Service Life Insurance
Private Health Insurance
Key Responsibilities & Accountabilities
Client servicing
- Establish and build strong relationships with clients and attend client meetings when required
- Provide a friendly and professional point of contact for clients and enquiries by phone, email and in person
- Respond to client technical enquiries
Preparation & maintenance of client files
- Ensure completeness of client file/data gathering
- Confirm risk profile is determined and up to date
- Check all compliance paperwork is present
- Liaise with administration team to maintain accurate client records on the back-office system, platforms and any other IT systems e.g. cashflow and risk profiler
Preparation of recommendations
- Identify and obtain information necessary to compile client recommendations / cash flow forecasts
- Compile draft net worth statements; income and expenditure statements and financial cash flow forecasts for review by Financial Planner
- Identify areas for planning
- Carry out technical calculations
- Carry out due diligence on products, investments, providers etc
- Undertake research to identify suitable solutions to meet clients' needs
- Prepare information/comparisons for analysis by Financial Planner
- Liaise with clients' legal and tax advisers (if applicable)
- Consider current and future asset allocation for investment strategy in relation to client risk profiles and lifetime cash flows
- Produce clear, technically accurate, compliant and concise Financial Plans and Suitability Reports as per business process
- Ensure that all recommendations and reports meet legal and regulatory requirements
Implementation of recommendations
- Make changes to clients' investments as necessary
- Ensure agreed action points get diarised, actioned and completed as per business process
- Liaise with administration team to process recommendations as per business process; assist when needed
Preparation of reviews
- Prepare and coordinate review documentation, including financial plan and portfolio review as per the Annual Review Process
- Review investment portfolios, asset allocations, risk profiles etc
- Carry out technical calculations
- Implement agreed actions post review
- Attend client meetings when required
Other
- General research related to all aspects of financial planning (e.g. product and platform research)
- Keep up to date with compliance changes and update templates
- Prepare and collate documentation needed for investment committee meetings
- Ensure CPD requirements are met and maintain up-to-date training records
- Assist your colleagues with technical enquiries and provide support when needed
- Other duties as directed by management