Experienced Paraplanner Wanted for Award-Winning Wealth Management Company
2 months ago
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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