At a Glance
- Tasks: Support Financial Advisers in delivering top-notch financial planning and investment advice.
- Company: Join a dynamic financial services firm focused on growth and training.
- Benefits: Enjoy a competitive salary, hybrid working, health cover, and generous holiday.
- Other info: Great opportunity for career progression towards a full Paraplanner role.
- Why this job: Kickstart your career in finance with hands-on experience and professional development.
- Qualifications: Strong understanding of financial principles and excellent communication skills required.
The predicted salary is between 28000 - 30000 £ per year.
Main Purpose & Scope of the Junior Paraplanner Role
The Trainee Paraplanner will support Financial Advisers and experienced Paraplanners in the delivery of high-quality financial planning and investment advice. This is a development role designed to build knowledge, technical skills, and experience in all aspects of paraplanning, from data gathering and research through to report writing and compliance. The role involves assisting with the preparation of client files, maintaining accurate records, carrying out product and fund research, and supporting the creation of suitability reports under supervision. The Junior Paraplanner will work closely with advisers, administrators, and compliance staff, gradually taking on more responsibility as knowledge and confidence develop. The scope includes developing proficiency in financial planning software, gaining an understanding of FCA regulations and internal processes, and working towards professional qualifications with the aim of progressing to a full Paraplanner role.
Duties of the trainee Paraplanner role
- Support Financial Advisers in collecting and organising financial data (income, expenses, assets, liabilities) and ensure accurate input into the CRM database under supervision.
- Assist in maintaining up-to-date client records in the CRM and contribute to process improvements as skills develop.
- Help with the submission and tracking of applications with providers, escalating any issues as required.
- Assist in reviewing and maintaining client documentation and forms to ensure they remain current.
- Attend client meetings initially in an observational capacity, with the opportunity to contribute technical input as experience develops.
Skills and experience required for the Paraplanner role
- Strong understanding of financial planning principles, products, and investment solutions, ideally gained through previous paraplanning or financial services experience.
- Familiarity with FCA regulations, compliance requirements, and suitability reporting.
- Experience liaising with clients, advisers, and management to gather information and support the advice process.
- Proficient in the use of financial planning tools, CRM systems, and Microsoft Office (Word, Excel, Outlook, PowerPoint) with strong technical aptitude.
- Experience in producing client reports, cashflow modelling, and product research (desirable).
Skills
- Strong analytical and problem-solving skills with the ability to interpret complex financial information.
- Excellent organisational skills with a keen eye for accuracy and attention to detail.
- Effective time management and prioritisation skills, with the ability to manage fluctuating workloads and meet deadlines.
- High standard of written, numerical, and verbal communication skills, able to explain technical information clearly.
- Strong interpersonal skills with the ability to build effective working relationships with clients, colleagues, and providers.
Salary and Benefits for the Paraplanner role
- £28,000 to £30,000
- Annual bonus based on company performance
- Hybrid flexible working structure (1 day per week at home)
- Health cover
- 5% pension contribution
- 25 days holiday (inc. bank holidays)
- 35 hour week
Hybrid Junior Paraplanner: Growth & Training in Dorking employer: RecruitAbility Ltd
Join a dynamic team in Dorking as a Junior Paraplanner, where you will receive comprehensive training and support to develop your financial planning skills. With a hybrid working model, competitive salary, and a strong focus on employee growth through professional qualifications, this role offers a unique opportunity to build a rewarding career in the financial services sector. Enjoy a collaborative work culture that values accuracy, attention to detail, and effective communication, all while benefiting from generous holiday allowances and health cover.
StudySmarter Expert Advice🤫
We think this is how you could land Hybrid Junior Paraplanner: Growth & Training in Dorking
✨Tip Number 1
Network like a pro! Reach out to people in the financial services industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to paraplanning. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring examples of your work or projects that demonstrate your understanding of financial planning principles. This will help you stand out and show potential employers what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Hybrid Junior Paraplanner: Growth & Training in Dorking
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Paraplanner role. Highlight any relevant experience or skills that match the job description, especially in financial planning and compliance. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about paraplanning and how your background aligns with our needs. Keep it concise but engaging – we love a good story!
Showcase Your Skills:Don’t forget to showcase your analytical and organisational skills in your application. Mention any experience with financial planning tools or CRM systems, as these are key for the role. We’re looking for someone who can hit the ground running!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at RecruitAbility Ltd
✨Know Your Financial Stuff
Brush up on your understanding of financial planning principles and products. Be ready to discuss how you can apply this knowledge in a practical setting, especially when it comes to supporting Financial Advisers.
✨Familiarise Yourself with FCA Regulations
Make sure you have a solid grasp of FCA regulations and compliance requirements. This will show that you're serious about the role and understand the importance of adhering to industry standards.
✨Show Off Your Tech Skills
Be prepared to talk about your experience with financial planning tools and CRM systems. If you've used Microsoft Office, especially Excel, highlight any specific projects or reports you've created to demonstrate your technical aptitude.
✨Practice Your Communication
Since you'll be liaising with clients and colleagues, practice explaining complex financial information clearly and concisely. Think of examples where you've successfully communicated technical details in the past, as this will showcase your interpersonal skills.
