Senior Financial Planning Specialist
2 weeks ago
At Blakemore Recruitment, we are seeking an experienced Paraplanner to join a reputable Financial Planning firm based in Hertford. The ideal candidate will possess a strong understanding of financial products, tax implications, and regulatory frameworks.
Core Responsibilities:
- Research and analysis of financial products, market trends, and regulatory changes to provide informed recommendations to IFAs.
- Preparation of comprehensive financial plans for clients, including investment recommendations, retirement planning, tax strategies, and estate planning options.
- Drafting of suitability reports to document the rationale behind financial advice provided to clients.
- Ensuring regulatory compliance by conducting Know Your Client (KYC) checks, Anti-Money Laundering (AML) processes, and maintaining accurate documentation.
- Assisting in the selection of suitable financial products by comparing available options, assessing costs, benefits, and potential risks.
- Providing administrative support, including updating client files, maintaining financial databases, and tracking the progress of financial applications.
Key Skills and Qualifications:
- Strong technical knowledge of financial products, tax implications, pension schemes, investment vehicles, and regulatory frameworks.
- Excellent analytical skills to assess client financial situations, identify trends, and anticipate potential outcomes.
- Attention to detail to ensure accuracy in reports, calculations, and compliance checks.
- Regulatory awareness to stay informed on changes in legislation and ensure compliance with the latest standards.
- Proficiency in using financial planning software and portfolio management tools.
- Clear communication skills to articulate complex financial information to IFAs and clients.
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