Paraplanner - London, United Kingdom - PB Recruitment Consultants Ltd

PB Recruitment Consultants Ltd

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A superb, exciting career opportunity is available, with one of the very best financial planning and wealth management firms, who currently requires an experienced Paraplanner to join its highly successful, friendly, and vibrant team

The office is based in the heart of the City of London, the Paraplanner role is hybrid and offers an exceptional package;

Salary £45,000 to £50,000 depending on experience
Discretionary annual bonus
Contributory pension scheme
Group Private Medical Insurance
Group Death in Service
Group Permanent Health Insurance
Group Critical Illness
Group Medicash Scheme
Interest free season ticket loan

Paraplanner R esponsibilities
To provide paraplanning support to one or more advisers which includes, but is not limited to, the following:

To help provide solutions to client's needs and give them a service which surpasses their expectations
Dealing with daytoday client and provider enquiries
Preparing for client meetings including checking that all compliance paperwork is present.
Attending client meetings and taking minutes
Analysing and interpreting data obtained during client meetings
Analysing client's existing products to determine whether they meet the client's current objectives
Undertaking fund performance comparisons
Preparing product comparisons and analysing comparison illustrations
Completing the FCA pension switching and replacement product templates
Preparing cashflow plans using Voyant Software
Preparing draft recommendation reports in line with the Company's compliance procedures
Analysing client's asset allocations and providing recommendations for rebalancing where necessary
Delegating administrative tasks and ensuring work is correctly completed
Maintaining client files in line with Company standards
Liaising with the Compliance department to ensure all compliance procedures have been followed
Creating and maintaining accurate records of all verbal and nonverbal communications and carrying out tasks in a manner that is consistent with compliance procedures
Building and maintaining client relationships through face to face and written/telephone communication

Paraplanner Relevant Skills, Experience and Qualifications

Qualified to Diploma Level
The ability to work with advisers to extract the information required to prepare financial plans and recommendations
General knowledge of the products available in the wider market and how to assess the suitability of these products
The ability to research protection, pension & investment products and an understanding of the key information required that may affect a recommendation
The ability to undertake detailed research on legacy products, identifying where more indepth analysis and questioning of providers is required
An understanding of investment risk, capacity for loss and loss tolerance and the ability to construct recommendations consistent with a clients agreed risk appetite.
Excellent report writing skills. The ability to present recommendations in a clear and logical format using language which can be easily understood by clients
The skills and knowledge needed to create and adapt a cash flow plan appropriate to the client's circumstances
A good understanding of compliance issues and how these affect the advice and suitability process.
Strong interpersonal skills and the ability to interact directly with clients and colleagues in a professional manner
Ability to work as part of a team as well as on your own initiative
Ability to critically evaluate information, probe and challenge the facts
A flexible and adaptable attitude towards work
Ability to work accurately and in accordance with procedures
Excellent time management, ability to meet deadlines
Experience of Microsoft Word, Excel, Outlook, and provider platforms