Job Details
Junior Paraplanner
Sector:Financial Services
Region : Greater London
Location: Croydon
Salary: Salary negotiable DOE
Job Ref.: CL1512RCGS
Job Information
Purpose of the roleTo complete a number of non-client facing tasks involved in preparing and administrating a Financial Plan and / or Report for clients.
Skills and knowledge
Skills
• Excellent inter-personal skills, both written and verbal.
• Excellent report writing skills.
• Accurate with good attention to detail.
• Time management.
• IT :use of Microsoft Office packages and a financial services back office system.
Knowledge
• Detailed knowledge of the FCA’s rules and requirements.
• Detailed knowledge of the FCA’s and the firm’s record keeping requirements.
• Broad knowledge of the financial services sector.
• High level of technical knowledge.
• Suitable Level 4 qualification desirable.
Responsibilities
General
• Keep up-to-date with new product, technical or legislative changes within the marketplace.
• Comply at all times with the firm’s Compliance; Training & Competence; Complaints and Data Security policies / procedures.
• To ensure that the firm’s clients are treated fairly at all times.
• To work as part of a team alongside the firm’s advisers and administrators to provide clients with a professional ongoing Financial Planning experience.
Specific
To prepare and maintain client files
• Once in receipt of a completed ‘factfind’, collate all the relevant quantitative detailed information required to compile a financial services report.
• Check all paperwork / information is available to ensure that the client file meets the FCA’s rules and requirements.
• Discuss the client’s needs and objectives with the relevant adviser.
To prepare recommendations
• Undertake research to identify suitable solutions to meet the client’s needs and objectives.
• Prepare information for analysis by the adviser.
• If applicable, liaise with the client’s legal and tax advisers.
• Prepare draft recommendation report.
• Discuss draft recommendation report with the relevant adviser.
• Obtain ‘sign-off’ by the relevant adviser.
To implement recommendations
• Prepare suitability reports in accordance with the agreed recommendations.
• Complete application / proposal forms.
• Ensure all compliance paperwork is in order.
• If relevant, act on any changes made by the client.
• Implement the chosen / agreed investment strategies.
To undertake client reviews
• Act as main point of contact and deal effectively with queries from clients and other parties.
• Establish and build strong relationships with clients.
• If required, attend client meetings with adviser.
• Organise future planning meetings with clients, in accordance with agree timescales.
• Review investment portfolio, asset allocation, risk profile etc.