Paraplanner (Wakefield)

Are you an ambitious, detail-oriented individual with a passion for financial planning?

We are looking for a dedicated and driven Paraplanner to join a team of Financial Planning experts, working at a National IFA in the heart of Wakefield.

This is a fantastic opportunity for someone looking to advance their career in financial planning, work closely with experienced Financial Planners, and gain exposure to investment strategies and compliance-related activities. This company will support you with your exams and progress towards Financial Advisory status.

Key Responsibilities:

• Collaborate with a nominated Financial Planner(s) to ensure client files are compliant and suitability reports are well-crafted.
• Prepare and complete annual suitability review letters, addressing any queries or concerns with the Financial Planner(s).
• Assist in maintaining research for the firm’s central investment proposition alongside the Investment Committee and Paraplanning Supervisor.
• Maintain accurate data within the firm’s CRM system.
• Act as the primary point of contact for a nominated Financial Planner(s), providing regular updates on the progress of each case.
• Ensure client files are fully compliant by verifying that all paperwork is present and accurate, risk profiles are determined, and client circumstances are documented.
• Conduct research independently and with the Financial Planner to identify the best solutions for clients' needs.
• Assess the suitability of clients’ existing portfolios, considering factors like asset allocation, risk profile, costs, and performance.
• Communicate with providers to gather all necessary plan information for advice formulation.
• Prepare draft suitability reports based on the agreed recommendations, ensuring all research and documentation meet FCA and regulatory requirements.
• Support the completion of ad-hoc tasks and maintain positive relationships with colleagues across departments.

Experience & Qualifications Required:

• Level 4 Financial Planning Diploma (CII preferred, but not essential).
• 2+ years’ experience working as a Paraplanner.
• Proficient in Microsoft Office (Excel, Word, Outlook).
• Intelligent Office expertise (Desirable)
• Strong independent work ethic
• Strong IT skills with the ability to learn new systems quickly.
• Experience in working remotely and maintaining strong working relationships with remote colleagues.

What’s on offer?

• Starting salary of up to £40,000 + Company Bonus scheme
• Hybrid working week rotation
• Option to purchase additional holiday
• Study/Paid Exam Support
• Healthcare Services
• Social events and smart spending retail/incentive schemes

If you are a motivated individual with a passion for providing excellent administrative support within the financial services industry, we would love to hear from you!

To apply, please send across your CV