Our client is a wealth manager with nearly 3 billion under management. Currently, looking for a paraplanner with around 5 years’ or more experience to work for them on their internal private client desk. This desk works with complex private clients and international families, providing an all-encompassing wealth management service designed to simplify and streamline the management of their wealth.
The paraplanner’s role is to help manage the financial planning aspect such as queries, preparing and implementing recommendations, ongoing client servicing and overseeing the new business process.
Principal Tasks and Accountabilities
Preparing and maintaining the client file and the new business process
Check all account opening paperwork is present and completed correctly
Confirm client risk profile is determined
Discuss client objectives with relationship manager
Prepare information/comparisons for analysis by relationship manager
Liaise with client’s legal and tax advisers (if applicable)
Structure Investment Proposals in PowerPoint for presentation to client
Prepare draft recommendation reports to be discussed/signed off by relationship manager
Prepare suitability reports
Complete application / proposals forms
Ensure all relevant paperwork is in order
Ensure all client data is recorded accurately and kept up to date
Ongoing client servicing
Ensuring clients are using their ISA and pension allowances each year
Reviewing existing client arrangements and work with the relationship manager to ensure that clients receive their annual review on time.
Specific Regulatory Responsibilities:
This position is bound by the FCA Conduct Rules.
Deep understanding of the Financial Planning process, paraplanning/financial planning qualifications to Level 4 or above
Able to work within defined business processes
Ability to achieve agreed outcomes with limited supervision; prioritise and plan own workload
Excellent interpersonal skills, both written and verbal
Ability to multi-task and prioritise effectively
Good IT skills
Good report writing skills, Detailed and accurate
Ability to work independently and in a team
Broad knowledge of financial services and investment instruments
High level of technical knowledge
Liaise with existing and potential clients
Please only apply if you have suitable experience and note we will only contact those candidates we believe are suitable.