Paraplanner

Job description

Our client is looking for an experienced Paraplanner to join their team in their friendly offices in Brighton.

About the Role

The role provides essential technical and administrative support to financial advisers, helping to create accurate, compliant, and effective financial plans for clients. You will handle much of the behind-the-scenes work, allowing advisers to focus on client relationships and strategic advice.

Responsibilities

• Research and Analysis
• Conduct in-depth research on financial products (e.g., pensions, investments, insurance) to determine the most suitable options for a client's financial goals.
• Analyse market trends, fund performance, and investment strategies to support the adviser’s recommendations.
• Perform cash flow analysis, tax planning, retirement projections, and risk assessments to provide data for financial planning.
• Use financial planning tools to create and update financial forecasts, plan structures, and manage client data.
• Accurately input client data into financial planning systems, ensuring that information is up to date and aligned with the adviser’s recommendations.
• Work with advisers to update plans based on new client information or changes in market conditions.

• Suitability Reports
• Draft detailed suitability reports that explain why specific financial products or strategies are recommended to clients, ensuring they align with the client's objectives, needs, and risk profile.
• Ensure that all reports and advice adhere to regulatory standards, documenting the rationale for each recommendation.
• Prepare financial plans that may include retirement planning, investment strategies, tax-efficient structures, estate planning, and protection strategies, all tailored to the client's needs.
• Use financial planning software to model various scenarios, helping the adviser to explain the potential outcomes of different strategies to clients.

• Regulatory Compliance and Risk Management
• Ensure that all financial advice, documents, and reports comply with relevant regulations, and anti-money laundering requirements.
• Maintain accurate records of client files and ensure they are audit-ready, meeting both internal and external regulatory standards.
• Identify potential compliance risks and ensure that financial recommendations are within regulatory limits.

• Advisers and Client Support
• Collaborate with financial advisers to provide technical support, answer queries, and ensure all recommendations are thoroughly researched and justified.
• Occasionally communicate with clients to clarify financial details or follow up on outstanding information.
• Assist client services support where information is missing or assist with their understanding of requirements.
• Where necessary co-ordinate with providers to gather required documents or information.
• Assist in completing and submitting application forms for complex cases where required.

• Continuous Learning and Development
• Stay updated on changes in financial regulations, products, tax laws, and industry best practices to provide up-to-date and relevant support to advisers.
• Pursue ongoing education and qualifications to improve technical expertise and compliance knowledge.

Qualifications

• Level 4 or equivalent – working towards level 6

Required Skills

• Strong financial and regulatory knowledge as well as good Industry awareness
• Technical paraplanning experience
• Good Knowledge of financial planning software
• Good organisational skills
• Strong analytical skills
• Client-centric approach
• Good communication skills
• Excellent written communication
• Attention to Detail
• Multi-tasking and ability to prioritise
• Adaptability
• An ability to contribute to a positive working culture within the physical office and remote working environment

Preferred Skills

• Experience in assisting financial advisers preparing cash flow models, and drafting personalised financial plans based on client needs.
• Hands-on experience researching and comparing financial products, analysing investment options, and understanding tax implications to support adviser recommendations.
• Client Interaction experience
• Knowledge of Regulatory Requirements
• Extensive use of financial planning software

To be considered for this exciting opportunity, please email your CV.

Extra information

Status

Closed

Education Level

Secondary School

Location

Brighton

Type of Contract

Casual / Part Time Jobs

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English