Paraplanner - Reading, United Kingdom - Pavilion Recruitment Solutions

Pavilion Recruitment Solutions
Pavilion Recruitment Solutions
Verified Company
Reading, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Overview


To work alongside Financial Planners taking responsibility for the preparation and maintenance of client files, the preparation and implementation of recommendations of Financial Plans (including cash flow forecasts) and the ongoing reviews of client affairs.

To Keep up to date with technical issues and undertake necessary research.


Experience and Competencies

Essential

  • Microsoft Word, Excel and electronic diary management (Outlook).
  • Excellent technical knowledge of Financial Services Products.
  • Relevant experience working within a financial planning environment.
  • Experience of working as a Paraplanner/Administrator.
  • Diploma in Financial Planning.
  • A strong knowledge of pensions.

Desirable

  • Knowledge of Xplan (the client data management system that we use)
  • Knowledge of the Voyant Cash Flow Modelling tool
  • Advanced knowledge of Microsoft Excel
  • Chartered (or working towards) preferably having already achieved AF3

Responsibilities and Accountabilities

Preparation and maintenance of client files

  • Ensure completeness of client file/data gathering
  • Confirm risk profile is determined and updated
  • Check all compliance paperwork is present and up to date.

Preparation of recommendations

  • Identify and obtain information necessary to compile clients' recommendations/cash flow forecast.
  • Compile draft net worth statement, income and expenditure statements and financial cash flow forecast for review by Financial Planner.
  • Identify areas for planning.
  • Carry out technical calculations.
  • Undertake research both independently and with Financial Planner to identify suitable solutions to meet the clients' needs.
  • Prepare information/comparisons for analysis by Financial Planner
  • Liaise with clients' legal and tax advisers (if required)
  • Consider current and future asset allocation for investment strategy with regard to the client risk profile and lifetime cash flow.
  • Produce clear, technically accurate, compliant and concise Financial Plans and Suitability Reports as per Advice Process.
  • Assimilate technical information into an understandable format for clients.

Implementation of recommendations

  • Make changes to clients' investments as instructed.
  • Ensure agreed action points are implemented.
  • Liaise with administration team to process recommendations as per Advice Process

Preparation of reviews

  • Prepare and coordinate review documentation including, financial planning and portfolio review as per the Annual Review Process.
  • Review investment portfolio, asset allocation, risk profile etc.
  • Carry out technical calculations.
  • Implement agreed actions post review.
  • Attend client meetings as required.
  • Make sure all templates used for reports are compliant and updated when required.

Personal Specification

  • Interpersonal skills to develop and maintain client trust and inspire confidence.
  • Highly organised, methodical and disciplined.
  • Shows initiative and takes personal responsibility for completing tasks.
  • Able to work under pressure on occasions to achieve deadlines.
  • Seeks to deliver exemplary levels of customer service and empathy.
  • Attention to detail.
  • Ability to achieve agreed outcomes without supervision.
  • Excellent communication skills over all media.
  • Prioritises tasks to meet deadlines, is flexible and adaptable.
  • Computer literate
  • Ability to work with defined business processes.
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