Paraplanner

Job Title: Paraplanner

Location: Holborn

Salary: £35,000 - £43,000 per annum doe

Job type: Full-time, Permanent

St. James's Place Wealth Management plc (SJP) is a leading, and highly regarded FTSE 100 UK Wealth Management company which distributes a range of investment and retirement products and financial solutions to a high-net-worth client base.

The Role

We are seeking an experienced paraplanner to join our team at a successful Senior Partner Practice of St. James's Place based in London in the Holborn area, next door to Covent Garden. You will be part of a thriving and growing business and will be an integral part of our technical team, who will be the go-to person, supporting our team with technical queries and training.

To support the Practice when informing and advising clients on financial strategies, plans and products, and organise the technical task, illustrations, and reports.

Key Duties and Responsibilities:

• Working closely with the Advisors to achieve Client objectives, identifying areas for effective Financial Planning, and sourcing solutions suitable to meet the Client's needs and expectations;
• Construct financial planning solutions (investment, retirement, tax and estate planning) supported by the production of computer models and reports;
• Consider current and future allocation of assets for an appropriate investment strategy with regards to the Client's risk profile;
• Compiling, clear and comprehensive reports, with recommendations that are within compliance standards;
• Prepare suitability letters and reports (liaising with administrators), taking full responsibility for the client files and back office IT records throughout the advice process;
• You will be the go-to individual for advice on technical queries and your duties will focus on supporting the full Client journey;
• Prepare client reviews, updating cash flow models, investment performance reviews and production of supporting reports, discussion documents and computer models;
• Obtaining information, quotes, illustrations and product details in order to provide meaningful comparisons for analysis;
• Assisting in the preparation of tax calculations where necessary;
• Preparing for and assisting with Client review meetings when required;
• Work within and stay up to date with template changes and advice notes;
• Manage any complex queries that arise within the team;
• Managing case tracking to ensure timely and accurate updates can be provided on all work that the Practice is undertaking;
• Provide high level technical paraplanning support to the Practice if required;
• Ensure that the team are compiling clear and comprehensive reports, with recommendations that are within compliance standards and conducting quality checks when required;
• Assist in training for less experienced members of the team;
• Manage advisor expectations and act as a communication channel for the paraplanning team;
• Running reports and illustrations and collating key data;
• Liaison with SJP Admin Centres regarding complex queries, providing information required to complete transactions within specific timescales;
• Assisting with the quality of advice and taking responsibility for our Practice Quality Score.

Person Specification:

Knowledge and experience:

• Previous paraplanning experience within an IFA or Wealth Management environment;
• Minimum Level 4 Diploma PFS qualified or working towards it (or FPC qualified with significant industry experience);
• Familiar with all major research systems (e.g. Analytics, Voyant etc.);
• Experience of the Pension Transfer market;
• Experience of the administration of IHT and/or Investment products;
• Demonstrates up to date knowledge of relevant regulation and legislation.

Skills and behaviours:

• Able to transpose information accurately;
• Strong numeracy skills;
• Comfortable using templated Suitability Letters;
• Confident in dealing with third parties and can work with total discretion;
• Highly organised with excellent communication skills;
• Broad experience of Microsoft Office (Outlook, Word, PowerPoint, Excel);
• Exceptional attention to detail;
• Manages time effectively with the ability to multi-task;
• Keeps calm when faced with conflicting demands and handles these effectively;
• Demonstrates a positive attitude at all times;
• Works well on own tasks as well as on shared goals as part of a team;
• Enthusiasm to help clients.

Benefits

• Annual performance bonus
• Paid birthday leave
• Hybrid working - Fridays WFH

Please click on the APPLY button to send your CV and Cover Letter for this role.

Candidates with the experience or relevant job titles of; Financial Planning Assistant, Wealth Management Analyst, Investment Planning Coordinator, Financial Strategy Associate, Retirement Planning Specialist, Financial Planning Coordinator, Wealth Advisory Associate, Financial Planning Analyst, Investment Strategy Coordinator, Portfolio Management Assistant, Financial Advisory Associate, Wealth Planning Analyst, Retirement Strategy Assistant, Investment Advisory Coordinator, Financial Strategy Analyst, Portfolio Planning Specialist, Financial Services Associate Wealth Management Coordinator, Retirement Planning Associate, Investment Planning Specialist will also be considered for this role.