Paraplanner

Verelogic; Witton-le-Wear; On-site; GBP 30,000 - 35,000; Full time

Job summary

Verelogic is seeking an experienced Paraplanner to join its wealth management practice in the Chester-le-Street area. The role focuses on producing suitability letters, financial reports, and supporting documentation to assist advisers in delivering financial planning solutions to clients.

The successful candidate will work closely with advisers, administrators, clients, and third parties to ensure accurate, compliant, and timely delivery of recommendations.

Qualifications

• Attention to detail and accuracy in reports and letters.
• Strong analytical and numerical abilities for financial data.
• Clear and effective communication with advisers and clients.
• Ability to manage multiple information sources and maintain quality.

Responsibilities

• Produce accurate and compliant suitability letters and reports for client recommendations.
• Review information gathered by advisers and ensure client details are captured accurately.
• Liaise with advisers, administrators, clients and third parties to obtain outstanding information.
• Gather and review ceding scheme information from external providers.
• Maintain accurate client records and update systems after reports.
• Work with administration teams to ensure smooth processing of cases.
• Follow established checklists to maintain high quality and compliance.

Skills

Attention to detail

Analytical and numerical skills

Communication skills

Education

DipPFS (or equivalent)

Tools

Microsoft Office

Job description

Paraplanner - Wealth Management

Salary: £30,000 - £35,000 per annum (dependent on experience)

Location: Chester-le-Street (with occasional travel to other locations as required)

Reports to: Practice Manager

Direct reports: None

About the Role

Our client is seeking an experienced Paraplanner to join their established wealth management practice. This role is responsible for producing high-quality suitability letters, financial reports, and supporting documentation to assist advisers in delivering effective financial planning solutions to clients.

The successful candidate will work closely with advisers, administrators, clients, and third parties to ensure accurate, compliant, and timely delivery of financial planning recommendations.

Key Responsibilities

Suitability Reports & Business Processing

• Produce accurate and compliant suitability letters and reports in support of client financial recommendations.
• Review and analyse information gathered by advisers and ensure all relevant client details are captured accurately.
• Liaise with advisers, administrators, clients, and third parties to obtain any outstanding information required.
• Gather and review ceding scheme information from external providers.
• Maintain accurate client records and update relevant systems following completion of reports and documentation.
• Work closely with administration teams to ensure smooth processing of client cases.
• Use established checklists and processes to maintain high standards of quality and compliance.

Compliance & Regulatory Responsibilities

• Keep up to date with regulatory changes, industry developments, and internal advice guidance.
• Ensure all work complies with company procedures, regulatory requirements, and best practice standards.
• Identify and escalate any potential compliance or risk issues where required.
• Maintain awareness of changes to templates, processes, and technical guidance.

Practice Support & Development

• Support the wider team by ensuring processes are completed efficiently and within agreed timescales.
• Contribute to the continuous improvement of systems, processes, and procedures.
• Maintain knowledge of financial planning tools and research systems, such as Analytics and Voyant.
• Take responsibility for ongoing professional development and maintaining relevant industry knowledge.
• Attend training sessions, forums, and workshops as appropriate.

Client & Team Relationships

• Maintain a professional and approachable manner when working with colleagues, clients, advisers, and external contacts.
• Build strong working relationships through effective communication and reliable delivery.
• Support the delivery of a first-class client experience through accurate and timely work.

Candidate Requirements

Experience & Qualifications

• Previous experience working as a Paraplanner within an IFA, wealth management, or financial planning environment.
• Experience producing suitability reports and supporting financial advisers.
• Experience working within a regulated financial services environment.
• Ideally hold, or be working towards, a DipPFS qualification (or equivalent), with a desire to progress towards diploma or chartered status.
• Experience developing and maintaining processes, systems, and procedures would be advantageous.
• Strong IT skills, including confidence using Microsoft Office packages.

Skills & Attributes

• Excellent attention to detail with a strong focus on accuracy and quality.
• Strong analytical and numerical skills.
• Ability to manage competing priorities and work effectively to deadlines.
• Comfortable working independently while contributing positively as part of a team.
• Ability to interpret complex information and present it clearly and accurately.
• Strong communication skills with the ability to build effective relationships.
• Professional, organised, and proactive approach to work.
• Ability to understand and communicate client needs, objectives, and potential outcomes.

Core Competencies

Quality Focus

Takes ownership of work quality, accuracy, and delivery, achieving results with minimal supervision.

Teamwork

Works collaboratively with colleagues to achieve shared objectives and deliver excellent outcomes.

Adaptability

Responds positively to change and embraces improvements to processes and ways of working.

Continuous Development

Demonstrates commitment to learning, professional development, and improving technical knowledge.

Effective Communication

Communicates clearly and adapts style appropriately for different audiences.

Planning & Organisation

Manages workload effectively, prioritises tasks, and meets agreed deadlines.

Client Focus

Supports the delivery of an exceptional client experience through professional, accurate, and timely service.

Additional Information

This role profile outlines the main responsibilities and expectations of the position at the time of publication. Duties may evolve over time to reflect changes within the business and wider financial services environment.

Employees are expected to remain flexible and undertake additional responsibilities that are appropriate to the role and level of responsibility. All team members are also expected to raise any potential risks, compliance concerns, or operational issues identified during their work