Paraplanner

Oakley Recruitment; Birmingham; On-site; GBP 30,000 - 40,000; Full time

Job summary

A recruitment agency is seeking a Paraplanner in Birmingham. The role involves working with Financial Planners, preparing suitability reports, and conducting financial research. Ideal candidates will have at least 2 years of experience in a similar role and a Level 4 qualification. The position offers various benefits including a contributory pension, life insurance, and mental health support.

Benefits

23 days holiday including bank holidays

Contributory pension

Sick pay probation (4 weeks)

Life insurance

Virtual doctor and mental health appointments

Salary sacrifice

Employee Assistance Programme

Qualifications

• Minimum 2 years experience in a Paraplanning role at an IFA firm.

Responsibilities

• Working with the Financial Planner to discuss client objectives.
• Assisting in identifying areas for planning and sourcing solutions.
• Conducting fund research and analysis using FE Analytics.
• Preparing monthly Cumulative return tables for communication.

Skills

Team working and collaboration

Planning and Prioritising

Ability to work effectively and efficiently

Using IT software systems

Adhering to Operational and business processes

Demonstrate honesty and integrity

Adaptability, enthusiasm and dependability

Personal commitment

Ability to achieve agreed outcomes without supervision

Education

DipPFS qualified or equivalent Level 4 qualification

Job description

Overview

Oakley Recruitment is working in partnership with an expanding organisation based in Warwick. This is an excellent opportunity to join the team as a Paraplanner on a full-time permanent basis.

Culture and Environment

Our client culture is supportive, friendly and welcoming, the team share best practices and have great working relationships. Often going out as a team socially. The environment is a corporate office space with a modern feel.

Personality

The ideal candidate will have experience working with a variety of products and will have a good understanding of the whole financial process. You will demonstrate good client communication and relationships as well as quality service delivery.

Rewards

• 23 days holiday including bank holidays, increasing in length of service to 25 days
• Contributory pension
• Sick pay probation (4 weeks)
• Life insurance
• Virtual doctor and mental health appointments
• Salary sacrifice
• Employee Assistance Programme

Job Role

• Working with the Financial Planner to discuss client objectives, identifying and where required, assist the Financial Services Administrators in obtaining information necessary to compile a comprehensive financial suitability report
• Assisting in identifying areas for planning and sourcing solutions suitable to meet the client's needs and objectives
• Assisting in the preparation of tax calculations where necessary
• Ensuring information collected and collated about (and from) the client is in accordance with the principles of know your client and company policy
• Ensuring all of the required compliance documentation is present and correct at time of presenting suitability report and recommendation
• Preparing suitability reports and recommendations for approval by the Financial Planner, preparing associated accompanying documentation for client to sign
• Ensuring client declaration and signed authorisation is on any advice piece before anything transactional occurs
• Conducting fund research and analysis using FE Analytics in support of Financial Planner recommendations as well as other software systems such as Selectapension for pension switch business, Conquest for Cashflow reporting producing comprehensive cashflow reports for relevant clients and reviews (software systems available as at 2025)
• Ensuring suitability report templates updated and compliant with regulatory/tax year change
• Maintaining a suitability reports template library for use across the hub
• Collating and maintaining up to date Due Diligence research on funds, providers, platforms
• Preparing monthly Cumulative return tables and communicating these effectively to the Financial Planners, Team Leaders

Skills and experience

• Minimum 2 years experience in a Paraplanning role at an IFA firm
• DipPFS qualified or equivalent Level 4 qualification
• Team working and collaboration
• Planning and Prioritising
• Ability to work effectively and efficiently
• Using IT software systems
• Adhering to Operational and business processes
• Demonstrate honesty and integrity
• Adaptability, enthusiasm and dependability
• Personal commitment
• Ability to achieve agreed outcomes without supervision

Please Note: We do not contact or write to unsuccessful candidates. If we have not contacted you within 48 hours of your application, you should presume that your application was unsuccessful. By applying for this vacancy, you are permitting for Oakley Recruitment to contact you and retain your details. In compliance with the regulations (April 2004) in place under the Employment Agencies Act, Oakley Recruitment will require proof of identification. A copy of your passport, birth certificate and NI number will be required, as part of your interview process.

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