At a Glance
- Tasks: Support financial planners by creating reports and attending client meetings.
- Company: Join Rathbones, a leading wealth management firm with a supportive culture.
- Benefits: Enjoy a competitive pension, private medical insurance, and flexible holidays.
- Other info: Be part of a diverse team with opportunities for personal and professional development.
- Why this job: Make a real impact in clients' lives while growing your career in finance.
- Qualifications: Experience in financial planning and strong communication skills are essential.
The predicted salary is between 28800 - 43200 £ per year.
In this role you will provide a high level of paraplanning support to Rathbones Financial Planners, demonstrating a clear ability to understand client needs and objectives, and devise appropriate advice solutions in line with the wider business objectives. This is a fantastic opportunity to work on a wide variety of work and be part of a supportive and expanding team as they pursue growth.
What you’ll be responsible for:
- Creating and delivering high quality, compliant and timely suitability reports for Financial Planners and Clients.
- Attend client meetings with Financial Planner (where appropriate) to assist with understanding client needs and produce associated meeting notes/documents for discussion with planner.
- Respond to client queries where appropriate to do so.
- Support the Financial Planner to manage and deliver the ongoing client service strategy.
- Prepare Annual Review documentation including cashflow modelling where appropriate.
- Proactively work with the Paraplanning Lead and team to deliver results.
- Ability to manage expectations and provide clear and realistic timeframes.
- Ensure a commercial and pragmatic approach to workflow management.
- Actively contribute to the success of the team through adoption and promotion of new practices, positive outlook and teamwork.
- Maintain effective working relationships with other teams within Rathbones.
- Maintain personal CPD log and ensure completion of all Group training requirements.
- Buddy/Mentor to new/trainee members of team, assist with training and development where appropriate.
About you:
- Previous experience working in a Financial Planning firm as a Paraplanner.
- CII Diploma in Regulated Financial Advice (Level 4) or equivalent.
- Client centric approach to work and excellent communication & organisational skills.
- Excellent understanding of the advice process and capable of confidently identifying appropriate solutions for clients across full range of planning areas.
- Able to analyse features, benefits and risks of products/policies, and make recommendations to clients with confidence.
- Excellent understanding of risk and governance frameworks (internal & external) and the regulatory environment.
- Excellent numeracy, MS Office Systems and report writing skills including PowerPoint.
- Excellent knowledge of business systems e.g. Xplan or similar.
Benefits:
- A company pension - 9% non-contributory or 10% if you contribute 5%.
- Private medical insurance – Individual on joining, family after 1 year’s service.
- Life assurance - 8 x salary.
- Income protection – 75 % salary.
- Company share scheme.
- Flexible holidays – purchase up to 5 additional days.
- Discretionary bonus.
- Green Car Scheme.
- Family friendly policies – enhanced family leave for parents & carers.
- Study support – study days and funding for courses and qualifications.
- Season travel ticket loans.
- Volunteering days.
- Gym discounts.
- Other voluntary benefits you can choose to suit you.
Social & Inclusion:
- Sports & Social Committees – cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
- Inclusion Networks – Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Take a moment to pause (Menopause) and Armed Forces.
- The NextGen IM Network – community of trainees from across the UK, provides development opportunities, exposure across the business as well as peer support and connection.
Life at Rathbones:
We aim to become an employer of choice for the wealth management sector, building a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all. We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values.
EEO Statement:
We’re a Level 1 Disability Confident employer under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities. If you feel there are any reasonable adjustments that would make the process easier for you and help you to perform at your best whether that is due to disability, neurodiversity or other protected characteristic, just let us know by emailing us at recruit@rathbones.com.
Paraplanner employer: Rathbones
Rathbones is an exceptional employer, offering a supportive and inclusive work culture that prioritises employee growth and development. With a strong commitment to diversity and a range of benefits including flexible holidays, study support, and a generous pension scheme, Rathbones fosters a collaborative environment where employees can thrive in their careers while making a meaningful impact in the financial planning sector.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Rathbones on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by practising common paraplanning scenarios. Think about how you'd handle client queries or create suitability reports. The more you rehearse, the more confident you'll feel when it counts!
✨Tip Number 3
Show off your skills during the interview! Bring examples of your previous work, like reports or presentations. This not only highlights your experience but also demonstrates your attention to detail and professionalism.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you're genuinely interested in the role. Plus, it keeps you on their radar!
We think you need these skills to ace Paraplanner
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Paraplanner role. Highlight your experience in financial planning and how it aligns with Rathbones' values. We want to see how you can contribute to our team!
Showcase Your Skills:Don’t forget to emphasise your communication and organisational skills. Mention any relevant qualifications, like the CII Diploma, and how you've used these in previous roles. We love seeing candidates who can confidently identify solutions for clients.
Be Clear and Concise:When writing your suitability reports or any other documents, clarity is key! Make sure your writing is straightforward and professional. We appreciate applicants who can convey complex information in an easy-to-understand manner.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Rathbones!
How to prepare for a job interview at Rathbones
✨Know Your Stuff
Make sure you brush up on your knowledge of financial planning and paraplanning processes. Understand the advice process thoroughly, as well as the regulatory environment. This will help you confidently discuss how you can identify appropriate solutions for clients.
✨Showcase Your Communication Skills
Since this role involves attending client meetings and responding to queries, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information in the past, as this will demonstrate your client-centric approach.
✨Be Ready to Discuss Teamwork
Rathbones values collaboration, so be prepared to share experiences where you've worked successfully within a team. Highlight how you’ve contributed to team success and adopted new practices, as this aligns with their culture of support and growth.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of your interview. This shows your genuine interest in the role and the company. You might want to ask about their ongoing client service strategy or how they support the professional development of their paraplanners.
