Senior Paraplanner

Our client, a well established Wealth Management and Financial Advisory company is seeking a technically minded paraplanner to join its Paraplanning team due to expansion.
The client is looking for a candidate with experience in a Wealth management or IFA practice.  Details of the position are listed below:

Prepare and maintain client files
• Collect quantitative detailed information required to compile a Financial Plan.
• Ensure that all compliance paperwork is present
• Confirm client risk profile is determined
• Discuss client objectives with Planner
• Identify and obtain the information necessary to compile financial cash flow forecast
• Compile net worth statement; income and expenditure statements and financial cash flow forecast
Build cash flow models
• Ensure that quantitative data used by the cash flow modelling tool is correct
• Interpret qualitative data received from planner and build scenarios using cash flow modelling tool

Prepare recommendations
• Identify areas for planning
• Undertake research both independently and with the Financial Planner to identify suitable solutions to meet the clients need.
• Prepare information/comparisons for analysis by Planner
• Liaise with client’s legal and tax advisers (if applicable)
• Consider allocation of assets for investment strategy with regard to client risk profile
• Ensure that all investment strategies are approved by Compliance
• Prepare draft recommendation reports to be discussed/signed off by Planner within defined service levels
• Prepare suitability letters in accordance with the agreed recommendations within defined service standards

Oversee implementation of recommendations
• Oversee the completion of application / proposals forms
• Ensure all compliance paperwork is in order
• Oversee changes to clients’ investments as instructed
• Oversee implementation of the agreed recommendations

Prepare for client reviews
• Deal effectively with queries from clients and other parties
• Establish and build strong relationships with clients and attend client meetings with Planner if required.
• Update cash flow models in preparation for review meetings
Employees will also be required to carry out any other work allocated to them by their Line Manager.

Skills And Experience
Qualifications:
• RDR compliant qualifications preferred
• Consent to, and have clear results for police check, bankruptcy search and any other background screening
that is required for this position.

Skills, Knowledge and Behaviours:

Primary
• Excellent understanding of the financial planning process
• Good report writing skills
• Proficient IT skills. Basic word processing and spread-sheet knowledge
• Minimum 3 years’ experience working within a financial planning company
• Experience using cash-flow forecasts preferable
• Have achieved the Certificate of Financial planning (or equivalent) and working towards Diploma

Personal Skills
• Good planning and effective organisational skills
• Computer literacy
• Honesty and integrity
• Methodological approach to work