Senior Paraplanner

Schroders; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

Cazenove Capital, the wealth planning arm of Schroders, seeks a Senior Paraplanner to support Wealth Planners in delivering comprehensive planning for high-net-worth clients.

You will draft letters, research options, attend client meetings, and train junior teammates while maintaining high-quality records and adherence to procedures.

Qualifications

• Strong knowledge of Word, Excel and PowerPoint for planning and documentation.
• Understanding of wealth management and financial planning industries.
• Experience in financial services serving high-net-worth clients.
• FCA-approved Level 4 RDR-compliant qualification or equivalent.

Responsibilities

• Support Wealth Planners in managing clients’ planning needs and solutions.
• Attend client meetings with Wealth Planners when appropriate.
• Draft client reason-why letters promptly and accurately.
• Research options and solutions for clients and document outcomes.
• Maintain records and liaise with insurance providers for policy information.
• Assist with CPD and professional development of junior colleagues.
• Contribute to team meetings and projects to improve Wealth Planning standards.

Skills

Microsoft Word

Microsoft Excel

PowerPoint

Wealth management knowledge

Client-facing communication

Analytical and numerate

Education

FCA-approved Level 4 RDR-compliant qualification in financial planning

Three A levels

Tools

Intelliflo Office

The Exchange

Job description

About Cazenove Capital

At Cazenove Capital we look after private individuals, families and charities. We are the wealth management business of the FTSE-listed global investment manager Schroders. We help our clients around the world invest money to meet their goals, fulfil their ambitions and prepare for the future.

About Schroders, our parent company

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

The base

We have been at 1 London Wall Place since 2018. We’re close to our clients, in the heart of the UK’s financial centre, and have everything we need to work flexibly.

The Team

The Wealth Planning team consists of Wealth Planners, Paraplanners and Client Support Executives (CSEs). Each Paraplanner works alongside two Wealth Planners and is supported by a CSE.

The Paraplanning team meets regularly to discuss change and share technical knowledge. You will be an integral part of the client experience, with opportunities to attend client meetings alongside your technical work. You will help ensure we consistently deliver a high level of service to our clients.

The role is varied and offers exposure to different areas of financial planning.

As a senior member of the team, you will act as a technical point of contact for junior colleagues and support the training and development of new or less experienced team members when required.

What you’ll do

• Work as part of a team, assisting Wealth Planners in managing clients’ planning needs and solutions.
• Act as an additional point of contact when Wealth Planners are unavailable and develop trusted relationships with clients.
• Attend client meetings with Wealth Planners when appropriate, broadening your understanding of the advisory process and strengthening client relationships.
• Take responsibility for the timely drafting of client reason-why letters.
• Assist Wealth Planners in assessing and researching options and solutions for clients.
• Complete administrative duties promptly, including letters, new-client take-on forms, advisory correspondence, annual reviews and proposal preparation.
• Respond to client-related enquiries promptly and maintain clear records of responses.
• Liaise with insurance companies to obtain policy information, illustrations and product information.
• Check that new business and client files are compliant and aligned with Cazenove Capital procedures.
• Work closely with the Wealth Planning support team and delegate administrative work where appropriate.
• Maintain and develop your knowledge through continual professional development (CPD) and relevant examinations.
• Demonstrate a high level of technical competence across all areas of financial planning.
• Proactively support junior colleagues and provide training when required.
• Contribute to and present at pod, Paraplanning and wider team meetings.
• Champion Wealth Planning and assist with client and technical queries from colleagues across the business.
• Contribute to projects and committees that maintain and improve Wealth Planning standards and processes.
• Embody Schroders’ core values of Excellence, Innovation, Teamwork, Passion and Integrity in all aspects of your work.

Career focus:

The Senior Paraplanner role recognises a high level of technical competence and experience. It is intended for individuals who are focused on developing a long-term career in Paraplanning, rather than serving as an additional stage on the path to Associate Wealth Planner.

The knowledge, experience and qualifications you need

• Strong working knowledge of Microsoft Word, Excel and PowerPoint.
• A keen interest in, and strong understanding of, the wealth management and financial planning industries.
• Relevant experience within financial services, ideally gained in a wealth management firm or financial advisory practice serving high-net-worth clients.
• An FCA-approved Level 4 RDR-compliant qualification in financial planning, or equivalent.
• Strong technical competence across the principal areas of financial planning, together with the judgement to support and guide less experienced colleagues.

The knowledge, experience and qualifications that will help

• Experience in fund management, professional advisory, an independent financial adviser or life company environment.
• A minimum of three A levels, or equivalent.
• Good working knowledge of Intelliflo Office and The Exchange.

What you’ll be like

• Professional, organised and self-motivated.
• Confident and credible in a client-facing environment.
• A strong interpersonal and written and verbal communicator.
• Highly analytical and numerate, with excellent attention to detail.
• Able to build effective working relationships with colleagues at all levels.
• Supportive and collaborative, with a genuine interest in developing colleagues and sharing knowledge.
• Committed to learning, continuous improvement and achieving excellent client outcomes.

We recognise potential, whoever you are

Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.

About Us

We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.