Head of ParaPlanning (Financial Services)

Headhunters; Kloof; On-site; ZAR 900,000 - 1,100,000; Full time

Job summary

Headhunters seeks a Head of Para-Planning for our client in Kloof (Upper Highway), Durban. This senior role leads paraplanning, mentors staff, and ensures high-quality financial planning support to advisers. You will manage processes, oversee Xplan and related systems, and drive improvements across wealth management, risk, tax and estate planning.

Degree and 5+ years in financial planning required. Based in KwaZulu-Natal, the position offers leadership, training and performance management within

Qualifications

• Degree and PGDip in Financial Planning required.
• 5+ years in financial planning industry.
• Advanced financial planning and technical knowledge required.

Responsibilities

• Diary planning: coordinate Adviser meetings and allocate workload.
• Staff management: recruit, interview, and conduct appraisals.
• Procedures manual: update and circulate process documents and notes.

Skills

Paraplanning

Staff development

Performance management

Wealth management

Financial planning knowledge

Education

Degree and Post Graduate Diploma in Financial Planning

Tools

Xplan

Advice systems

Job description

Our client, a prominent name in Financial Services industry, is seeking to employ an experienced Head of Para-Planning, to join their team based in Kloof (Upper Highway), Durban.

Our client, a prominent name in Financial Services industry, is seeking to employ an experienced Head of Para-Planning, to join their team based in Kloof (Upper Highway), Durban.

Summary of role:

• A senior technical and operational role responsible for managing the paraplanning function, staff development and performance management, while ensuring the delivery of high-quality financial planning support to advisers.
• The role combines people management, technical financial planning expertise, process improvement, systems administration (particularly Xplan and related advice systems), training, and hands-on paraplanning responsibilities across wealth management, risk planning, tax and estate planning.

Requirements:

• Degree and Post Graduate Diploma in Financial Planning.
• 5 or more years’ experience in the financial planning industry.
• Advanced financial planning and technical knowledge.

Responsibilities:

Diary Planning

• Regular discussions with advisers.
• Instructions to reception.
• Allocation of files to Paraplanners and reviewing their workload periodically.

New / Existing Staff (relating to Paraplanners)

• Dealing with Recruitment Agents.
• Interviews.
• Staff take on process / exit process.
• Drafting of contracts and related documents.
• Performance Appraisals.

Procedures Manual

• Facilitating updates to the Procedures Manual and related company documents (e.g. Xplan documents and notes) where necessary.
• Circulating updated information to staff.

Templates / Technical Information

• Update of template documents / wording.
• Technical queries from Paraplanners.
• Xplan complex calculations.
• Staff training / knowledge transfer (e.g. Xplan training).
• Facilitating the update of documented processes.
• Enhancement of processes.

Xplan and related advice systems

• Identifying and implementing projects to enhance automation.
• Liaison with various parties at Xplan regarding projects.

Staff training

• Bi-monthly paraplanning training on Xplan and related advice systems, processes, financial advice related topics.

Client related matters

• Wealth Management Plans.
• File preparation for meetings.
• Records of Advice.
• Ad hoc emails / investigations.
• Tax calculations when required.

Risk Assessments and Quotes

• Personal and business assurance.
• Drafting of Proposals.
• Reconciliations.
• Implementation Updates.
• Plan of actions.
• Performance comparisons / calculations.
• Estate Planning Calculations.

Specimen agreements

• Wills.
• Living Wills.
• Power of Attorney.
• Loan Agreements.
• Living Annuity revisions – liaising with implementation. prior to anniversary date.
• Task management.