Paraplanner

Task-Wise Va Consultancy Inc.; Makati; On-site; PHP 446,400 - 669,600; Full time

Job summary

A financial consultancy firm in Makati is seeking a Paraplanner to provide high-level technical support to Financial Consultants. The ideal candidate will analyze financial data, conduct market research, and draft comprehensive Statements of Advice. They will ensure compliance with regulatory standards while assisting in the execution of financial recommendations. Strong skills in financial planning software and a bachelor's degree in a related field are required. This role demands attention to detail and analytical reasoning.

Qualifications

• Typically 2–5 years in financial services, ideally in a consulting firm or IFA.
• Proficiency in financial planning software and advanced Excel skills.
• Progress toward a CFP designation or equivalent preferred.

Responsibilities

• Conduct in-depth research on financial products.
• Create cashflow projections and stress-test scenarios.
• Draft detailed, compliant suitability reports.
• Ensure compliance with internal and regulatory standards.
• Analyze client data and identify gaps.
• Assist in executing investment and insurance recommendations.

Skills

Technical Research

Financial Modeling

Report Writing

Compliance & Audit

Client Data Analysis

Proficiency in financial planning software

Advanced Microsoft Excel

Exceptional attention to detail

Strong analytical reasoning

Ability to translate technical data

Education

Bachelor’s degree in Finance, Accountancy, Economics, or a related field

Tools

Xplan

Voyant

Morningstar

Job description

On-site - Makati 3-5 Yrs Exp Bachelor Full-time

Job Description

1. Job Summary

The Paraplanner provides high-level technical support to Financial Consultants by analyzing client financial data, conducting market research on investment products, and drafting comprehensive Statements of Advice (SoA) or suitability reports. This role ensures that all financial recommendations are accurate, compliant with regulatory standards, and tailored to the client’s specific goals.

2. Key Responsibilities

• Technical Research: Conduct in-depth research on financial products, including insurance, superannuation/pensions, investments, and tax-efficient wrappers.
• Financial Modeling: Use specialized software (e.g., Xplan, Voyant, or Morningstar) to create cashflow projections and stress-test various financial scenarios.
• Report Writing: Draft detailed, compliant suitability reports and recommendation letters that explain the rationale behind a consultant’s advice.
• Compliance & Audit: Ensure all files meet internal and regulatory compliance standards (e.g., SEC or equivalent international standards for offshore firms).
• Client Data Analysis: Review "Fact Find" documents to identify gaps in client information and assess risk tolerance versus capacity for loss.
• Implementation: Assist in the administrative execution of recommendations, such as processing investment switches or insurance applications.

3. Required Skills & Qualifications

• Education: Bachelor’s degree in Finance, Accountancy, Economics, or a related field.
• Experience: Typically 2–5 years in financial services; experience in a consulting firm or an Independent Financial Adviser (IFA) environment is highly preferred.
• Technical Skills: Proficiency in financial planning software and advanced Microsoft Excel (pivot tables, complex formulas).
• Certifications: (Optional but preferred) Progress toward a Certified Financial Planner (CFP) designation or international equivalent (e.g., CII Diploma).
• Soft Skills: Exceptional attention to detail, strong analytical reasoning, and the ability to translate technical data into client-friendly language.