Paraplanner (Hybrid)
London
Paraplanner
North London
Hybrid (3 days in office)
Salary: Competitive negotiable, plus benefits and exam support.
This position offers excellent career progression.
A multi-office, award winning Wealth Manager currently requires an experienced and qualified Paraplanner to join its friendly and vibrant team, on a hybrid basis, the office being based in North London.
A competitive package is available. Hybrid (3-days in office)
Job Description
The role of a Paraplanner is to support one or more Financial Advisers with the advice processes in a compliant and efficient manner.
The Paraplanner role involves:
Managing tasks and the advice processes on X-Plan (back-office system) and having a full understanding of relevant processes for the job role, including but not limited to:
Advice process - Including an understanding of the requirements for high-risk business/preapproval from compliance
Fund switches
Withdrawals
Review process
Conducting regular meetings with the Adviser(s) in order to:
Manage new business cases/submissions
Keep abreast of the Adviser's new business pipeline, their targets and monitoring performance against targets (at adviser's discretion)
Undertaking research into the different financial products that can be held by a client and understanding which are suitable for which clients, factoring in the advantages and disadvantages of each product
Writing client suitability reports using the company's preferred report writing software in the following areas:
Protection
Pensions/retirement planning
Investments
Equity release
Cash-flow forecasting
Keeping abreast of current regulation and legislation and being able to apply this to client scenarios to meet objectives and ensure best advice is given
Understanding and suitably applying the Company's investment process and various investment offerings to meet a client's attitude to risk, personal circumstances, and financial objectives
Develop a working knowledge of providers' platforms and supporting websites with:
General understanding and navigation of the providers sites used throughout the business
Obtaining the correct documentation to support business sign-ups (where applicable)
Performing online transactions (as required) – including fund switching, withdrawals, cash management
Managing client data
Working with the Adviser(s) to prepare for client meetings and assisting with regular client reviews (the review process)
Supporting the Adviser(s), as-and-when appropriate, in building cash-flow models to assist the client in overseeing their financial position and forecast future financial scenarios
Collaborating with Advisers to ensure suitability of advice and completeness of paperwork for all clients
Managing fund switches on client pensions and investments, ensuring they are invested in line with their risk profile
If you are a Paraplanner looking for an exciting opportunity, apply today!