Paraplanner

IDEX Consulting Ltd; Preston; Hybrid; GBP 32,000 - 42,000; Full time

Benefits offered by this job

Pension

Private Medical Insurance

Medical Cash Plan

Life Assurance

25 days holiday

Share Incentive Plan

Electric Car Scheme

Cycle to Work

Enhanced Maternity & Paternity Leave

Wellness Days

MS Office for home use

Hybrid Working after probation

Job summary

IDEX Consulting Ltd. seeks a Paraplanner to support financial planners, perform paraplanning research and prepare suitability reports. You will also assist with cash-flow modelling, new business paperwork and client onboarding, while coordinating meetings and handling client queries with care.

The role offers hybrid working after probation and a path toward professional qualifications in regulated financial planning.

Qualifications

• Experience as Paraplanner or trainee Paraplanner.
• Commitment to achieve the RQF Level 4 Diploma within a reasonable timeframe, with the goal of Advanced Diploma and Chartered status.

Responsibilities

• Undertake paraplanning activity for Planners and support the wider paraplanning team.
• Conduct research to enable suitable solutions meeting clients’ needs and objectives with good outcomes.
• Carry out cash-flow modelling to support recommendations where needed.
• Prepare suitability reports and letters for Planner recommendations.
• Draft technical documents and research for client presentations.
• Coordinate new account paperwork and client onboarding.
• Arrange meetings, valuations and manage planners’ diaries.
• Handle client queries and escalate complex issues as needed.
• Prepare letters of authority and client application forms in line with reports.
• Manage invoicing, WIP, commissions and related finance queries.

Skills

Paraplanning

Research

Cash-flow modelling

Suitability reports

Client onboarding

Meeting coordination

Regulatory compliance

Education

RQF level 4 Diploma in Regulated Financial Planning

Advanced Diploma in Financial Planning

CII Chartered status (Level 6)

Tools

Microsoft Office

Job description

My client is currently looking for a Paraplanner to join their business in Blackpool.

THE ROLE

• Undertake Paraplanning activity for the Planners on the team and in exceptional circumstances, provide support to the wider Paraplanning team.
• Undertake appropriate, accurate and relevant research, based on the information gathered by the Planner, known information for clients in the on-going advice service and existing products/services the client has, to enable a suitable solution to be recommended to meet the client’s needs and objectives with a good outcome
• Undertake accurate calculations and cash-flow modelling where needed to support recommendations
• Prepare suitability reports and letters for the Planners to provide their recommendation based on our knowledge of the client, their documented needs, objectives, risk profile, to support a good client outcome, adapting your approach for clients in vulnerable circumstances
• Ensure that drafted suitability reports and other communications are clear, fair, and not misleading
• Draft and co-ordinate technical documents and research for client presentation
• When undertaking research or preparing suitability reports proactively identify areas of potential future advice and raise with the Planner for them to discuss with the client.
• Prepare and submit new account paperwork for client onboarding
• Arrange client meetings, valuations, meeting packs and manage the Wealth Planners diaries
• Complete any required post meeting actions and minutes
• Be a first contact point for clients to handle general queries, escalating complex queries to the Planner, adapting your approach for clients in vulnerable circumstances
• Prepare letters of authority for signing
• Prepare client application forms in line with suitability report recommendations, ensuring they are actioned when returned by the client within business agreed timeframes and with accuracy
• Deal with finance queries including invoices, billing, WIP, commissions, etc

EXPERIENCED NEEDED

• Previous experienced in a Paraplanner or Prainee Paraplanner Role.
• Commitment to achieve RQF level 4 Diploma in Regulated Financial Planning within reasonable timeframe, with subsequent commitment to achieve Advanced Diploma in Financial Planning and CII Chartered status (Level 6)

BENEFITS:

• Pension: Up to 7.5% employer matching (4.5% employee minimum contribution)
• Private Medical Insurance: Cover for employee, spouse/partner, and children via Vitality from day one
• Medical Cash Plan: Dental, eye care, physiotherapy, and more via Simply Health
• Life Assurance: 4x annual salary (from start date)
• 25 days holiday, increasing with tenure (+ bank holidays)
• Share Incentive Plan: Company matched shares (after 6 months)Electric Car Scheme, Cycle to Work, and Interest-Free Season Ticket Loan
• Enhanced Maternity & Paternity Leave
• Wellness Days, flu jabs, eye care vouchers
• Microsoft Office for home use
• Hybrid Working after probationary period
• Discounts on the company’s own investment services