Paraplanner

MERJE; United Kingdom; On-site; GBP 40,000 - 60,000; Full time

Job summary

A wealth management firm based in the United Kingdom is seeking an experienced Paraplanner to join their team on a full-time basis. The role involves producing high-quality suitability letters, conducting thorough analysis, and working closely with Financial Planners to meet client needs. Ideal candidates will have 3-5 years of paraplanning experience and relevant industry qualifications. Join a collaborative environment dedicated to maintaining compliance and providing excellent client service.

Qualifications

• Minimum of 3-5 years of paraplanning experience within a UK Wealth Management or IFA firm.
• Essential industry qualifications related to financial planning.
• Sound understanding of financial products and FCA principles.

Responsibilities

• Conduct in-depth research and analysis to identify suitable solutions.
• Prepare suitability letters and reports for reviews and new business.
• Determine client objectives and maintain client documentation.

Skills

Paraplanning experience

Financial product understanding

Collaboration skills

Problem solving

Education

Level 4 Diploma in Regulated Financial Planning

Job description

Base pay range

We are working with an ambitious and rapidly expanding wealth management firm that is looking to appoint an experienced Paraplanner on a permanent basis.

The Paraplanner will be required to produce compliant, high quality, detailed suitability letters and reports. You will propose and implement recommendations, collaborating with Financial Planners to clarify goals and objectives to ensure plans are aligned with the aspirations of the client.

Key Responsibilities:

• Research and analysis: conduct in-depth reseach and analysis to identify suitable solutions. Perform and present cashflow modelling scenarios to clients as required.
• Technical work: prepare suitability letters and reports for annual reviews and new business, prepare tax calculations and financial plans for clients.
• Liaising with providers: speak to external companies to obtain information about existing and potential investments.
• Client requirements: determine client objectives and priorities, together with understanding client attitudes to risk and capacity for loss.
• Managing documentation: prepare client files for review meetings and maintain these compliantly throughout the client advice journey.
• Compliance and regulation: Working with honesty and integrity, you will be disciplined in following the principles and rules of the FCA, demonstrating adherence to relevant regulations, rules and procedures that apply to your role and conduct of the business.
• Supporting the team: share expertise and best practice with Senior Client Executives and assist them with complex client matters. Carry out peer reviews.
• Technical knowledge: dedicate time to meet continuous professional development requirements and maintaining your product and technical knowledge.

Key Skills & Experience:

• Minimum of 3-5 years of paraplanning experience within a UK Wealth Management or IFA firm.
• Industry qualifications such as Level 4 Diploma in Regulated Financial Planning (or equivalent) are essential.
• Possess sound understanding of financial products, FCA principles and regulatory standards.
• A collaborative approach to working with Financial Planners and other colleagues to ensure great client service and outcomes.
• Driven to share your expertise and problem solve with others, share best practice and coach your colleagues to support their development.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Analyst