Job Details
Paraplanner IFA Administrator
Sector:Financial Services
Region : Yorkshire & Humberside
Location: Hessle
Salary: Salary Neg DOE
Job Ref.: CL2707PPS
Job Information
Paraplanner : Support StaffReporting to: Practice Manager/Compliance Manager
Purpose of the role
The main purpose of the role is to support Financial Planners by conducting product research and producing accurate and compliant client reports and suitability letters. This will underpin the delivery of advice to clients by the Financial Planners.
Key Accountabilities
Providing financial planning and suitability reports using the appropriate research tools within the agreed timescale;
Ensuring that factfinds and the advisers meeting notes are fully and comprehensively completed and that all outstanding information has been received prior to preparing any financial planning reports and suitability letters
Ensuring that on completion of business by the Financial Planner client files are complete and all relevant documentation enclosed before submission;
Ensuring that client files are compliant on completion of new business, and where advice has been provided;
Ensuring all Financial Planning and Suitability Reports and letters are compliant, technically accurate and completed in line with the Business Standards and templates provided;
Establishing strong relationships with clients and attending client meetings where appropriate or required
Submitting new business promptly to providers, ensuring legible copies are uploaded to the back office system and implementing agreed actions
Obtaining the information necessary to compile an accurate cashflow forecast
Preparing cashflow forecasts for clients and discussing these with the financial planner
Ensuring all meetings, enquiries and subsequent dealings with clients, introducers and product providers are conducted in a professional manner and comply with the companys procedures;
Working collaboratively with financial planners and administrators to ensure work in progress is completed in a timely fashion
To participate in the Training & Competence Scheme for Research Analysts (Paraplanners) and set regular personal targets with reference to feedback given on file checking, report writing and technical issues and to participate in training sessions and meetings when requested or required by the company;
To work with Financial Planners, other Paraplanners, Managers and Directors on other projects, from time to time as required;
To maintain the professionalism of the firm at all times and act accordingly in all dealings with colleagues, clients, providers and visitors.
Skills traits and competencies
Excellent computer skills including Word and Excel
Excellent verbal and written communication skills
Good grasp of English language and Mathematical concepts
An ability to prioritise your workload and meet deadlines
Professional and confident telephone manner
Excellent technical knowledge
Good organisational skills
Accurate with good attention detail
Ability to proactively resolve problems quickly and efficiently
Good knowledge of True Potential and other IT systems (e.g Microsoft Office) used to perform the role
Good awareness of Data Protection legislation and risks
Good understanding of compliance procedures and Business Standards
ExEnergetic, enthusiastic and a positive influence on others
Good team-worker
Takes personal responsibility for consistently delivering high quality work
Able to manage the consistent application of agreed operational processes
Able to use own initiative to complete tasks independently
Open and honest with colleagues, managers and Directors
Good attendance and timekeeping
Professional and business-like
Productive, efficient and effective
Ability to work under pressure
Discreet