Paraplanner

North Oak Recruitment; Leicester Forest East; On-site; GBP 35,000 - 42,000; Full time

Job summary

North Oak Recruitment is recruiting for a Paraplanner in Leicester with hybrid work after qualifying. Salary £35,000 - £42,000 dependent on experience, plus excellent benefits and parking. My client is an award-winning pensions and investments organisation serving high net worth clients across the UK.

They seek an experienced paraplanner to prepare suitability reports and support the team. You will work with Financial Planners, assist in research and due diligence on third party products, and

Qualifications

• Part-qualified towards the Diploma in Financial Planning and willing to complete the qualification within a reasonable timeframe.
• Financial service administration experience.
• At least 2 years experience as a paraplanner.

Responsibilities

• Prepare suitability reports that meet FCA requirements for a variety of clients ensuring effective documentation and client communication.
• Work closely with Financial Planners and the wider teams to obtain all relevant information.
• To assist the Head of Paraplanning to carry out research and due diligence in relation to third party products and services recommended to clients.
• To assist in the annual cost comparison benchmarking of SSAS and SIPP products against competitors
• To produce cash flow reports for Financial Planners to help improve client experience and compliance of work undertaken.
• To produce one off comparisons and reports for bespoke client cases where necessary
• To assist the Head of Paraplanning to support the Group Team with regard to processes and day to day queries.
• To provide technical support to pension teams and consultants alongside other members of the Paraplanning Team
• To maintain good working relationships with colleagues, third party providers and clients

Skills

Critical analysis

FCA rules

Pension knowledge

Data protection

Excel

MS Office

Communication

Diary management

Record keeping

Education

Diploma in Financial Planning (part-qualified)

Tools

Microsoft Excel

Outlook

Job description

Paraplanner (our Ref AL1412)

Leicester (hybrid option after qualifying period)

Salary £35,000 - £42,000 dep on experience + excellent benefits & parking

My client is an award-winning pensions and investments organisation and they service high net worth clients across the UK. They build long term client relationships based on trust, professionalism, and support which is echoed in their staff approach. This year they received, for the fourth time, a Best Financial Advisor to Work for award by Professional Advisor and they are now looking to recruit another experienced Paraplanner to join their team.

The main responsibilities of the role:

• Prepare suitability reports that meet FCA requirements for a variety of clients ensuring effective documentation and client communication.
• Work closely with Financial Planners and the wider teams to obtain all relevant information.
• To assist the Head of Paraplanning to carry out research and due diligence in relation to third party products and services recommended to clients.
• To assist in the annual cost comparison benchmarking of SSAS and SIPP products against competitors
• To produce cash flow reports for Financial Planners to help improve client experience and compliance of work undertaken.
• To produce one off comparisons and reports for bespoke client cases where necessary
• To assist the Head of Paraplanning to support the Group Team with regard to processes and day to day queries.
• To provide technical support to pension teams and consultants alongside other members of the Paraplanning Team
• To maintain good working relationships with colleagues, third party providers and clients

QUALIFICATIONS & EXPERIENCE

• Part-qualified towards the Diploma in Financial Planning and willing to complete the qualification within a reasonable timeframe
• Financial service administration experience
• At least 2 years experience as a paraplanner

KNOWLEDGE & SKILLS

• To have critical analysis skills in order to decipher information from notes and files in order to prepare reports and cashflows.
• Knowledge of the advice process.
• Knowledge relating to pension (specifically SSAS and/or SIPP), investment and protection products
• Knowledge of the FCA rules relating to Conduct of Business, Money Laundering, Training & Competence, and Client Money and the ability to adapt these to the workplace to ensure compliant practices.
• Knowledge of Data Protection legislation and the ability to apply this within the workplace.
• A good working knowledge of Outlook, Word and Excel
• Ability to communicate effectively with clients, third parties and professional connections via various methods phone, letter, e-mail, etc.
• Ability to operate an effective diary system.
• Ability to create and maintain accurate computer-based records.

If this role is of interest, please apply with an up to date CV. We aim to respond to all applications within 10 days. By submitting your CV you consent to it being retained for use in connection with this and future relevant and/or similar vacancies, you can of course, opt out of this at any time by emailing us. Full Privacy Notice can be found on our website.