Paraplanner

WorkSync Opum Solutons Inc; Makati; On-site; PHP 400,000 - 800,000; Full time

Job summary

A financial services firm in Makati is seeking a Paraplanner to provide technical support to Financial Consultants. You will be responsible for analyzing client financial data, conducting market research on investment products, and drafting suitability reports. The ideal candidate should have a Bachelor's degree in Finance or a related field and 2–5 years of experience in financial services. Strong analytical skills and proficiency in financial planning software are essential. This role offers significant opportunities for professional growth.

Qualifications

• 2–5 years of experience in financial services, preferably in a consulting or IFA environment.
• Proficiency in advanced Excel including pivot tables and complex formulas.
• Progress toward CFP designation or equivalent preferred.

Responsibilities

• Conduct in-depth research on financial products.
• Create cashflow projections and test financial scenarios.
• Draft compliance suitability reports and recommendation letters.
• Ensure compliance with internal and regulatory standards.
• Analyze client data to identify information gaps.
• Assist in the execution of recommendations.

Skills

Attention to detail

Analytical reasoning

Financial planning software proficiency

Advanced Excel

Education

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

Tools

Xplan

Voyant

Morningstar

Job description

resume also email to: ****

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.