Paraplanner

Exceed HR and Recruitment; Bellville; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A financial services recruitment agency is seeking a Paraplanner in Bellville, Cape Town to support Financial Planners in preparing financial plans and managing client portfolios. The ideal candidate should have a diploma in wealth management and 3-5 years of relevant experience. Excellent MS Office skills, particularly in Excel, are required, along with a solid understanding of the financial planning industry and various investment products.

Qualifications

• Minimum 3-5 years' experience in a financial/investment environment.
• Experience preparing and presenting proposals.
• Knowledge of investment product vehicles.

Responsibilities

• Assist in preparation of financial plans and risk analysis.
• Manage and monitor client portfolios.
• Conduct product comparisons and insurance analysis.

Skills

MS Office skills, especially Excel

Proactive in technology-driven systems

Knowledge of financial planning concepts

Good communication

Education

Matric and diploma/certificate in wealth management or relevant investment/financial degree

Job description

Paraplanner position available in Bellville, Cape Town.

Duties and Responsibilities:

• Working with the Financial Planner to assist in preparation of:
• Financial plans, risk analysis and recommendations to clients.
• Proposal documents and application documents.
• Statement/record of advice documentation.
• Investment applications, transfers, and documents for client meetings.
• Portfolio reviews.
• Managing the client process:
• Portfolio monitoring and investment report collating.
• Analysing portfolios and fund performances.
• Maintain client records and ensure compliance.
• Execution of investment instructions.
• Checking and / or capturing of client payments and requests.
• Process new account paperwork, including preparation, transfer of investments.
• As part of the financial planning process:
• Cash flow and performance calculations and projections.
• Pre-retirement planning calculations.
• Attendance and note taking in client meetings with planners.
• Finalising and collating compliance and advice documents.
• Have knowledge of relevant compliance legislation, and comply with the company documents, policies, and procedures.
• Gather, summarise, and analyse new client information/data (Risk/policy/investments) and research product information.
• Knowledge of various investment product vehicles (Unit Trust/Endowment/Living Annuities, Life Annuities etc.)
• Assist in drawing up of wills and estate planning.
• Risk / insurance (long-term insurance):
• Review client risk coverage in conjunction with changes in client’s circumstances.
• Research existing and potential replacement products.
• Conduct product comparisons, insurance analysis and quotes.
• Draw and compare quotations from different insurers.

Requirements:

• Matric and diploma/certificate in wealth management or relevant investment/financial degree.
• At least 3 -5 years’ work experience within a financial/investment environment
• Experience in preparing and presenting client proposals to Advisors & Wealth Managers as part of new business.
• Excellent MS Office skills, especially Excel (intermediate to advanced).
• Pro-active in general technology driven systems.
• Good knowledge of the Financial Planning Industry, financial and insurance products, and financial planning concepts, as well as investments, tax and general financial analysis.