Paraplanner

TN United Kingdom; Manchester; On-site; GBP 35,000 - 50,000; Full time

Job summary

An established industry player in financial services is seeking a diploma-qualified Paraplanner to join their dynamic team in Manchester. This role offers the opportunity to produce detailed suitability reports, conduct thorough research, and provide valuable recommendations to advisers. You'll play a crucial part in enhancing client outcomes while working within a supportive and compliance-focused environment. With a competitive salary package and numerous benefits, including a generous holiday allowance and a commission structure, this position is perfect for someone looking to advance their career in finance. Join a reputable firm that values professional development and offers a collaborative atmosphere.

Benefits

25 Days Holiday

Birthday Off

Company Pension Scheme

Commission Structure

Qualifications

• Diploma qualified or studying towards it in financial services.
• Strong knowledge of financial products and suitability analysis.

Responsibilities

• Produce suitability reports and conduct technical research for clients.
• Analyze existing assets to improve client outcomes.

Skills

Financial Services Knowledge

Communication Skills

Analytical Skills

Attention to Detail

Teamwork

Education

Diploma Level 4 in Financial Services

Tools

Microsoft Excel

Intelligent Office

FE Analytics

Job description

This is a very successful firm has a number of various companies specialising in different aspects of financial services, including financial advice, insurance, pensions, mortgages among others, supporting private clients and companies through the UK. Based in a great location in Manchester, this chartered firm have established and reputable people working there, which will be the perfect environment for a progressive, diploma qualified Paraplanner to develop their career in the finance world.

Job Description

As Paraplanner, you will be responsible for producing suitability reports for clients, carrying out technical research and analysis for the production of detailed client facing reports, making recommendations to advisers. The collection, analysis and presentation of this data is carried out on behalf of its advisers. The Paraplanner is also responsible for:

1. Oversight of work carried out by administrators, writing reports whilst gaining a good understanding of the advisory process so they can challenge and influence to find the right solution
2. Analysis of existing assets to identify improvement of client outcomes through offering of alternative products
3. Development and addition to existing processes to improve efficiencies of the team
4. Providing analysis, detailed research of funds and providers, carry out calculations, build cashflow, report writing and product recommendations for presentation to clients and/or reports for sending to clients
5. Ensuring all advice provided is within the company's compliance framework
6. Providing technical support for advisers and sales support teams
7. Questioning and challenging proposed solutions by using financial planning knowledge
8. Drafting and trading workflows off the back of the recommendations being made in the suitability report
9. Ensuring quality assessments have been carried out
10. Updating on client and portfolio data is accurate in the system
11. Managing own workflow positions, committing to continuous personal development, and gaining a full understanding of procedures, and aware of any changes to compliance or other regulatory requirements are known

The Successful Applicant

The successful applicant for this role must have the following skills and experience:

1. Ideally diploma qualified (level 4), or those studying towards will also be considered
2. Strong knowledge of financial services
3. Excellent understanding of financial products and data required by Paraplanners and advisers to analyse ongoing suitability for clients
4. Able to work independently, as well as part of a team, and also within defined business processes
5. Excellent communication skills with ability to build relationships with stakeholders
6. Ability to produce detailed and accurate work all the time
7. Strong systems knowledge and understand of Microsoft Excel, Intelligent Office, FE Analytics

What's on Offer

As Paraplanner, you will get a marketing leading package which includes:

1. Salary £35,000-50,000 depending on experience/qualification level
2. 25 days
3. Birthday off
4. Company pension scheme
5. Commission structure based on hitting personal objectives, paid out twice a year

Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.