At a Glance
- Tasks: Provide high-quality research and reporting for high net worth clients.
- Company: Join Foster Denovo, a leading financial services firm with a supportive culture.
- Benefits: Enjoy 25 days holiday, discretionary bonuses, and pension matching up to 7.5%.
- Other info: Dynamic team environment with opportunities for professional growth and development.
- Why this job: Make a real impact by delivering exceptional client service and bespoke advice.
- Qualifications: Level 4 qualified with experience in an IFA environment.
The predicted salary is between 40000 - 50000 £ per year.
Purpose of the job: To help to deliver Foster Denovo’s Client Services Proposition by providing a high quality research and reporting service to high net worth clients and Senior Partners. This allows our Partners to focus on the client relationship and developing relationships with new clients.
Job summary: You will be responsible for providing research and advice to the Partners including Recommendation and Strategy reports. We successfully deliver high level, complex reports written specifically with our clients in mind. This is achieved through a consistent high level of service and expertise both as individuals and as a team.
Key skills and personal attributes:
- Level 4 qualified
- Experience of working as a Paraplanner within an IFA environment.
- Proven record of conducting research and writing quality Recommendation reports.
- Focus on client friendly whilst meeting Compliance needs.
Knowledge and experience:
- Pre and post retirement
- Pension transfers & SIPP provider
- Investments
- Taxation
Adhering to Foster Denovo’s Service Excellence, you will be expected to always provide exceptional client service. The client is at the heart of our values and therefore all communication should be bespoke to them and written in concise Plain English. Ensure the advice you provide is considerate to the client and appropriate, and if not, have the confidence to challenge the Partner.
You will be required to keep up to date with all relevant training and best practice to enable this standard to be met. This includes company and departmental training, competence, and development initiatives. Commitment to pass basic internal financial industry exams set by within 3 months of employment.
Regularly provide workflow updates to Partners regarding their cases so they feel in control and can manage client expectations. Have a thorough understanding of the Foster Denovo advice process, reporting format, pre-approval process and regulatory requirements.
About us
Foster Denovo currently boast over 120 Financial Advisers supported by around 300 employees across eight Foster Denovo offices throughout the UK. We have the scale and resource to provide exceptional advice and service to our clients, advisers and employees. Our stakeholder community is an invisible bond that gives Foster Denovo its solid foundations. It also means that our people care about our reputation and brand. And as such, we aim to delight every client we come into contact with.
When you join the Foster Denovo family, you benefit from our enviable reputation and years of industry experience. In everything we do, we’re driven by a firm set of core values, and our friendly, stakeholder culture has been praised by employees, clients and partners alike. Foster Denovo are also proud to hold the platinum investors in people accreditation which shows a clear commitment to the people who make us an employer of choice.
What we offer you:
Foster Denovo has an open, mutually supportive, knowledge-sharing culture. It’s a culture that has created the space to think differently for the benefit of our clients. Our benefits package includes:
- 25 days holiday (increasing by an additional day per annum up to 30 days)
- Discretionary bonus
- Foster Denovo will match your personal pension contribution up to a maximum of 7.5%
- Life assurance of up to 4 x your salary;
- Income protection of 75% of your basic salary in the event of long term sickness
- Employees can use our financial advisers within the company for any financial advice or knowledge
- Interest free season tickets loans, eye care and childcare vouchers.
- Shopping discounts benefits portal (discounts on holiday, gym and high street retailers)
Paraplanner employer: Foster Denovo
Foster Denovo is an excellent employer that values creativity and collaboration, providing a dynamic work environment in the heart of the city. With a strong focus on employee development, you will have ample opportunities for growth and learning while contributing to impactful marketing initiatives. The supportive culture encourages innovation and teamwork, making it a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner
✨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 Foster Denovo. 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
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 Foster Denovo.
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 Foster Denovo'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 Foster Denovo
✨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 Foster Denovo.
✨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 Foster Denovo 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 Foster Denovo 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.
