At a Glance
- Tasks: Support a seasoned Adviser with paraplanning and case management across various financial areas.
- Company: Respected Chartered Financial Planning practice in the City of London.
- Benefits: Competitive salary of £55,000 plus benefits and professional development opportunities.
- Other info: Opportunity to work towards Chartered status and grow your career.
- Why this job: Join a friendly team and make a real impact in a client-focused environment.
- Qualifications: Level 4 Diploma qualified with 5+ years' experience in paraplanning.
The predicted salary is between 55000 - 55000 £ per year.
A fantastic opportunity has arisen for an experienced and ambitious Paraplanner to join a highly respected Chartered Financial Planning practice based in the heart of the City. This is a key role supporting a long-established Adviser with over 20 years' tenure and an estimated £80m AUM, working with a large and loyal client base including many High-Net-Worth individuals (average client size c.£800k). This position is ideal for a career Paraplanner who thrives in a technical, client-focused environment and is committed to delivering high-quality work within a professional, friendly team.
The Role
- Work closely with one Adviser, providing full paraplanning and case management support across pensions, investments, protection and inheritance tax planning.
- Producing detailed and accurate suitability reports for new business and annual reviews.
- Conducting in-depth product and fund research using tools such as Selectapension, FE Analytics and Defaqto.
- Managing cases from client agreement through to implementation.
- Liaising with providers to gather policy information and ensure smooth processing.
- Maintaining accurate pipeline records and updating clients and the Adviser.
- Producing valuations and managing the annual review process.
- Completing fact finds and maintaining client files on the back-office system.
- Submitting new business on provider platforms and internal systems.
- Monitoring trail fees, invoicing clients and managing ongoing fee processes.
- Actioning fund switch instructions.
- General administrative duties to support the advice process.
What We're Looking For
- Level 4 Diploma qualified (essential).
- Strong technical knowledge across pensions, investments, protection and IHT.
- A genuine career Paraplanner with at least 5+ years' experience.
- Ideally working towards Chartered status or keen to progress.
- Excellent written and verbal communication skills.
- High attention to detail and strong organisational ability.
- Confident working independently and as part of a close-knit team.
- Proactive, self-motivated and able to take ownership of tasks.
About the Adviser
You will support an Adviser with over two decades of experience and a strong track record of delivering high-quality advice.
Paraplanner - City of London - £55,000 + Benefits employer: Financial Divisions
Join a prestigious Chartered Financial Planning practice in the City of London, where you will be part of a supportive and professional team dedicated to delivering exceptional client service. With a strong focus on employee development, this role offers opportunities for career progression and the chance to work closely with an experienced Adviser, ensuring you gain invaluable insights and expertise in the financial planning sector. Enjoy a competitive salary and benefits package while working in a vibrant location that fosters collaboration and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner - City of London - £55,000 + Benefits
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Financial Divisions. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Paraplanner - City of London - £55,000 + Benefits
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Financial Divisions.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Financial Divisions's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Financial Divisions
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Financial Divisions.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Financial Divisions will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Financial Divisions employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
