Our client a very well established wealth manager is looking for an experienced Paraplanner to join there dynamic team.
The successful candidate will play a crucial role in supporting our Financial Advisors by preparing high-quality financial reports, conducting research, and ensuring the delivery of tailored client advice.
Key Responsibilities:
- Client Research: Conduct thorough research and analysis on financial products, market trends, and client portfolios to support IFAs in making informed recommendations.
- Report Preparation: Produce detailed and compliant suitability reports based on the IFA's recommendations, outlining tailored financial solutions for clients.
- Client Liaison: Assist in gathering client information, communicating with clients on behalf of the IFA, and managing ongoing relationships where necessary.
- Financial Planning: Help construct cash flow models, investment strategies, and retirement plans in line with clients' objectives and risk profiles.
- Compliance: Ensure all recommendations and client documentation are compliant with current regulations and company standards, adhering to FCA guidelines.
- Administration Support: Collaborate with the administration team to manage the timely and accurate submission of paperwork, policy documents, and client records.
- Review Meetings: Assist in preparing for client review meetings by updating reports, performance summaries, and product recommendations.
- Ongoing Development: Stay updated on market changes, product developments, and regulatory updates to ensure advice remains relevant and compliant.
Key Requirements:
- Qualifications: Working towards Level 4 Diploma
- Experience: Previous experience as a paraplanner or administrator in a similar financial services role, ideally within an IFA environment.
- Technical Skills: Strong understanding of financial products (pensions, investments including bonds, protection, etc.) and financial planning tools such as cash flow modeling software.
- Regulatory Knowledge: Familiarity with FCA regulations and the compliance requirements for financial planning.
- Communication: Excellent written and verbal communication skills, with the ability to distil complex financial information into clear, client-friendly language.
- Attention to Detail: High level of accuracy and strong analytical skills to ensure high-quality reporting and research.