Experienced Paraplanner Wanted for Award-Winning Wealth Management Company

2 months ago


Wilford, Nottingham, United Kingdom North Oak Recruitment Full time

Job Title: Experienced Paraplanner Wanted for Award-Winning Wealth Management Company

Job Type: Full-time

Company: North Oak Recruitment

Location: Remote (Hybrid)

Job Description:

We are seeking an experienced Paraplanner to join our team at a leading Wealth Management Company. As a Paraplanner, you will play a crucial role in supporting our Financial Advisors in providing exceptional client service.

Key Responsibilities:

  • Fully analyse clients' requirements, develop cash flow models, and accurately record client data.
  • Research and analyse financial products to meet client requirements and objectives.
  • Construct financial planning solutions (investment, retirement, tax, and estate planning) supported by the production of computer models and reports.
  • Prepare suitability letters and reports (liaising with administrators), taking full responsibility for the client files and back-office IT records throughout the advice process.
  • Prepare client reviews, updating cash flow models, investment performance reviews, and production of supporting reports, discussion documents, and computer models.
  • Ensure client meeting notes are updated to the CRM system as and when necessary.
  • Act as a point of contact for clients and deal with routine issues/queries.
  • Submission of business electronically in a timely manner and to ensure that client money rules are not breached.
  • Ensure that any business conducted is done in a responsible and compliant manner, meeting all legislative requirements, both internally and externally.
  • Build a rapport with the various administration centres to ensure speedy and helpful responses to client queries and resolving any administration issues.

Requirements:

  • Previous paraplanning experience within an IFA or Wealth Management environment.
  • Familiar with all major research systems (e.g. Analytics, Voyant, etc.).
  • Experience of the Pension Transfer market. Whilst a knowledge of Final Salary Pension Transfer market would be desirable, it is not essential.
  • Experience of the administration of IHT and/or Investment products.
  • Demonstrates up to date knowledge of relevant regulation and legislation.

Skills and Behaviours:

  • Able to transpose information accurately.
  • Strong numeracy skills.
  • Comfortable using templated Suitability Letters.
  • Confident in dealing with third parties and can work with total discretion.
  • Highly organised with excellent communication skills.
  • Broad experience of Microsoft Office (Outlook, Word, PowerPoint, Excel).
  • Exceptional attention to detail.
  • Manages time effectively with the ability to multi-task.
  • Keeps calm when faced with conflicting demands and handles these effectively.
  • Demonstrates a positive attitude.
  • Works well on own tasks as well as on shared goals as part of a team.
  • Enthusiasm to help clients.


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