Head of ParaPlanning (Financial Services)

Headhunters recruitment; Kloof; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Headhunters recruitment in KwaZulu-Natal seeks an experienced Head of Para-Planning to lead paraplanning, staff development, and performance management from our Kloof (Upper Highway) Durban office. The role integrates hands-on paraplanning with wealth management, risk, tax and estate planning, supported by Xplan and related systems.

The successful candidate will manage a team, optimise processes, train staff, draft contracts, and drive performance appraisals.

Qualifications

• Degree and Post Graduate Diploma in Financial Planning.
• 5+ years in the financial planning industry.
• Advanced financial planning and technical knowledge.

Responsibilities

• Manage paraplanning function and staff development.
• Oversee delivery of financial planning support to advisers.
• Lead Xplan projects and process improvements.
• Handle recruitment processes and staff appraisals.
• Maintain procedures manuals and training programs.
• Coordinate client wealth plans and records of advice.

Skills

Paraplanning

Staff management

Xplan

Wealth management

Training

Education

Degree and Post Graduate Diploma in Financial Planning

Tools

Xplan

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.

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.