Senior Paraplanner/Paraplanner

We are a Wealth Management practice providing bespoke face to face financial advice to individuals and businesses throughout the UK. We are an appointed representative of St. James’s Place Wealth Management.

Location: Beckenham (South East London) - Office based position

Paraplanner

Ideally qualified to Level 4 Diploma in Financial Planning + 4 years' experience.

Essential skills required:

• The ability to produce comprehensive, accurate and clear Suitability Reports, to write reports on a wide variety of topics including Pensions, Investments, Inheritance tax, and Protection
• Knowledge of completing & demonstrating cash flow modelling plans ahead of client meetings
• Assist in the preparation of tax calculations where necessary from CGT calculations to top slicing calculations as and when required
• Undertake research to identify suitable solutions to meet the client’s needs, this will involve obtaining information, quotes, illustrations and product details in order to provide comparisons for analysis.
• Discuss client objectives with Advisers and Identify any shortfalls in client information and take responsibility to discuss outstanding requirement with the appropriate personnel
• Carry out regular reviews of clients’ financial plans, circumstances and objectives
• Deal with complex and technical client queries as and when they arise
• Interpret new technical information, legislative and regulatory changes from various in-house and external sources and ensuring the team remains compliant with FCA and internal compliance procedures.
• Experience liaising with third party providers; to acquire additional information that may be required to assess the client’s needs and to assist with our recommendations.
• Experience of back office administration that relates to the paraplanning role such as updating a client’s CFR (confidential Financial Review), making sure that client files are audited and all regulatory and company requirements are met at the end of a case
• Undertake continuous professional development to meet regulatory requirements, both internally and externally
• Liaise with Business Assurance (SJP’s internal compliance body) and ensure cases are graded as suitable first time on all pre and post approval checks

Required

• Hold Level 4 diploma in Regulated Financial Planning
• Knowledge of research tools & software (e.g. Trustnet, Analytics, Voyant)
• Have a comprehensive understanding of Income Tax, CGT, IHT, Trusts and both DC and DB pension transfers
• Working Knowledge of CYC calculations
• Knowledge in other areas such as protection, IHT and Tax Efficient Investments
• Understanding of industry initiatives including RDR & Consumer duty
• Desire to maintain knowledge of industry developments
• Ability to prioritise workload and liaise with advisers to ensure adequate information is available to progress all cases
• Ability to use (Client and Case Management Systems) in a process driven compliant way. Learning and using our CRM is a key part of the role.
• Ability to use the Electronic Business Submission system
• Ability to follow company and business processes

Person Specification

• Excellent grammar, spelling and punctuation skills;
• A high standard of personal organisational skills;
• Experience of working to targeted service standards and procedures;
• A good working knowledge of regulatory requirements;
• Evidence of continual learning and development of skills and knowledge;
• An adaptable and flexible approach to work within a changing environment;
• Experience of working unsupervised with a high level of self-motivation;
• Good IT skills covering MS Office, MS Outlook, MS Excel and back office system
• CII Diploma in Financial Planning or Regulated Financial Planning
• Knowledge of using CRM systems such as Salesforce

Training & Continuous Development

Full training of company specific software and company compliance requirements will be provided.

• In return we offer:
• Company pension
• Friendly and positive working environment
• Competitive salary
• 25 days holiday plus bank holiday
• Other adhoc benefits the Director provides throughout the year

Please note that this Partner Practice will conduct a standard Financial and Identity check on any candidates who are offered a role within this Practice.