Wealth Management - Paraplanner (Maternity cover)

This role is a 12months Maternity cover.

• To support the Wealth Planners and Investment Managers to compliantly and effectively conduct the advice process by writing high quality, low risk, compliant suitability reports.
• To support the Head of Paraplanning in driving any advice or operational process change, through collaboration, ensuring appropriate training to the relevant parties, to improve the overall efficiency and productivity of the Paraplanning team
• To be involved with proposition project work when nominated to do so by the Head of Paraplanning.

Key Responsibilities:

Supporting Client Management

• Work with Head of Paraplanning to deliver a client centric culture and to develop the Wealth Planning team into a centre of excellence for client service and planning expertise.
• Support the Wealth Planners and Investment Managers in developing, growing and retaining their portfolio of HNW clients through undertaking product and fund research and analysis of client data to prepare compliant suitability reports.
• To work collaboratively with Training & Competence (T&C) and Compliance to produce high quality, low risk suitability reports and files in line with advice standards.
• Attend client meetings with the Wealth Planner/Banker/Investment Manager as and when required.
• Produce cashflow reports using Voyant and assist the Wealth Planner in the delivery and presentation of the cashflow to clients as requested by the Wealth Planner.
• To update all relevant trackers as directed by the Head of Paraplanning.

General Administration

• To provide support to the Business Management function with the review of processes and procedures and third party tools as requested by Head of Paraplanning.
• To liaise with Product Governance with regards to provider liaison and product testing.
• Supporting the Head of Paraplanning in quality assurance controls in areas such as file checking, product research and preparing suitability letters (tools and systems used include Financial Express Analytics, Exchange, SelectAPension, ThreeSixty, Martin Churchill and Voyant).
• To contribute to the design and maintenance of advice and communication templates, and process design by liaising with T&C as necessary, as directed by the Head of Paraplanning.

Risk:

Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key Interfaces:

• Head of Advice
• Head of Paraplanning
• Wealth Planners, Senior Paraplanners, Paraplanners, Wealth Management Assistants
• Investment Management team
• Wealth Management Business Management team
• Training & Competence team
• Compliance team
• Private/Commercial Banking team
• Regional Office Heads (if based in regional office)
• Third Party Providers
• Clients (and client representatives)

Person Specification

Knowledge/Experience/Skills:

• Some experience of Paraplanning desirable.
• Good knowledge of holistic Wealth Planning considerations and advice construction disciplines is desirable.
• Good knowledge of investment, pensions, protection, estate planning and banking matters relevant to holistic Wealth Planning solutions is desirable.
• A good understanding of the High Net Worth (HNW) segment and market is desirable.
• A sound understanding of the regulated Financial Planning environment.

Skills

• Competency and sound operating knowledge of technical systems and packages (Salesforce, Financial Express Analytics, Exchange, SelectAPension, ThreeSixty, Martin Churchill and Voyant), including Microsoft Office is desirable.
• Work collaboratively and demonstrate upskilling of professional development.
• Effective communicator with excellent written, verbal and presentation skills.
• Strong interpersonal and relationship skills.
• Able to maintain high level of confidentiality, diplomacy and discretion.
• Excellent attention to detail.
• Excellent self-organisation and must be able to manage oneself. Possess the ability to prioritise, effectively multi-task, and deliver against demanding timescales.
• Positive attitude, energy and drive.

Qualifications:

• Attained Diploma in Financial Planning (DipPFS) (level 4 or equivalent) status.

Competencies:

• Team Working
• Performance Focus
• Commercial Focus
• Client Focus
• Creativity
• Change
• Planning and Reviewing
• Problem Solving and Judgment
• Working Proactively