Paraplanner

MERJE; West Midlands Combined Authority; On-site; GBP 30,000 - 45,000; Full time

Job summary

A specialist Wealth Management firm is seeking a Paraplanner to support Wealth Planners by conducting comprehensive financial research and preparing detailed suitability reports. This role requires strong analytical skills and a commitment to ongoing professional development, with opportunities to work towards Chartered Financial Planner status.

Qualifications

• Experience in providing paraplanning services.
• Knowledge of Investments, Pensions, and Protection.
• Commitment to study towards Advanced Diploma in Financial Planning.

Responsibilities

• Conduct appropriate and accurate financial research.
• Prepare suitability reports for Wealth Planners.
• Undertake continuous professional development.

Skills

Research

Technical Knowledge

Cash-flow Modelling

Communication

Education

A Level/Higher standard or equivalent

RQF level 4 Diploma in Regulated Financial Planning

Job description

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Our client, a specialist Wealth Management firm are looking for a Paraplanner to join on a permanent basis.

As Paraplanner you will actively support Wealth Planners by carrying out high quality research on a full range of financial planning products and services including pensions, life insurance, tax planning and investment management to enable the Wealth Planner to provide a full holistic advice service to clients, which delivers good outcomes.

Role Responsibilities

Undertake appropriate, accurate and relevant research, based on the information gathered by the Wealth Planner, known information for clients in the on-going advice service and existing products/services

Undertake accurate calculations and cash-flow modelling where needed to support recommendations.

Prepare suitability reports and letters for the Wealth Planners to provide their recommendation based on the 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 Wealth Planner for them to discuss with the client.

Undertake technical or any other relevant training to maintain and develop technical knowledge

Undertake and record relevant Continuous Professional Development (CPD) to develop personal knowledge and skills.

Demonstrate the Fitness and Propriety requirements for the FCA Certification Function for the role to be able to pass the annual assessment and continue to be Certificated.

Key Skills & Experience

Experience of providing a first-class paraplanning service.

Experience in all Financial Planning practices and disciplines including Investments, Pensions and Protection, gaining experience of dealing with more complex areas of financial planning advice.

Educated to at least A Level/Higher standard (or equivalent).

RQF level 4 Diploma in Regulated Financial Planning (or equivalent).

Commitment to study towards Advanced Diploma in Financial Planning, with the aim of achieving Chartered Financial Planner status (desirable).

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful.