At a Glance
- Tasks: Support Financial Advisers with research, analysis, and report writing for tailored financial advice.
- Company: Award-winning private Financial Planning business with a focus on growth and innovation.
- Benefits: Competitive salary, hybrid working, health cover, pension contribution, and generous holiday allowance.
- Other info: Dynamic environment with opportunities for career progression and professional development.
- Why this job: Join a thriving team and make a real impact in clients' financial journeys.
- Qualifications: Experience in financial planning and strong analytical skills required.
An award winning private Financial Planning business is in search of an experienced paraplanner to join their thriving business. You will be working in a successful business where you can show off your independent thinking, desire to contribute to a growing business and be on the journey whilst progressing your career.
Main Purpose & Scope of the Paraplanner Role: The Paraplanner provides essential support to the Financial Advisers by conducting detailed research, analysis, and report writing to ensure that clients receive high-quality financial advice tailored to their individual needs. The role involves preparing suitability reports, maintaining accurate client records, and ensuring all recommendations comply with FCA regulations and internal compliance standards.
The Paraplanner works closely with advisers and administrators to deliver an efficient advice process, from initial client fact-finding through to implementation, ensuring excellent client service and operational efficiency. The scope of the role includes technical research, cashflow modelling, product comparisons, and drafting clear, compliant documentation, with a focus on accuracy, timeliness, and professionalism.
Duties of the Paraplanner role:
- Client Acquisition
- Collect and organise financial data from clients (income, expenses, assets, liabilities) following Financial Adviser meetings, ensuring accurate input into the CRM database.
- Maintain accurate and up-to-date client records within the CRM and contribute to process improvements.
- Submit and track applications with providers, ensuring timely follow-up.
- Ensure client documentation and forms remain current and compliant.
- Attend client meetings to provide technical and administrative support as required.
- Existing Clients
- Prepare performance data and supporting materials for client review meetings, including meeting check sheets.
- Record and action agreed follow-ups from client reviews, including portfolio risk profile updates.
- Support account changes and set-up for existing clients as needed.
- Assist with client queries, including guidance on the Investor Portal.
- Update financial models, projections, and cashflow planning tools to help illustrate client goals and outcomes.
Skills and experience required for the Paraplanner role:
- Experience and Knowledge
- 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:
- £45,000 - £55,000
- 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
Please apply online or call Mary for more information.
Paraplanner in Hertford employer: RecruitAbility Ltd
Join an award-winning private Financial Planning business in Hertford, where your independent thinking and contributions are valued. Enjoy a supportive work culture that prioritises employee growth with opportunities for career progression, alongside competitive benefits such as a hybrid working model, health cover, and a generous pension scheme. This is a place where you can thrive professionally while making a meaningful impact on clients' financial futures.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner in Hertford
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial planning world. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on a paraplanner role!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss financial planning principles and FCA regulations confidently. We want you to shine when it comes to showcasing your skills and experience!
✨Tip Number 3
Show off your analytical skills! Be ready to tackle case studies or hypothetical scenarios during interviews. This is your chance to demonstrate how you approach problem-solving and client needs in real-world situations.
✨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 take the initiative to connect directly with us!
We think you need these skills to ace Paraplanner in Hertford
Some tips for your application 🫡
Show Your Financial Savvy:When you're writing your application, make sure to highlight your understanding of financial planning principles and any relevant experience you've got. We want to see how you can bring your knowledge to the table!
Be Clear and Concise:In your written application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point.
Tailor Your Application:Make sure to customise your application for the Paraplanner role. Mention specific skills and experiences that align with the job description. We love seeing candidates who take the time to connect their background to what we’re looking for!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at RecruitAbility Ltd
✨Know Your Financial Stuff
Make sure you brush up on your understanding of financial planning principles and FCA regulations. Be ready to discuss how you've applied this knowledge in previous roles, especially when it comes to preparing suitability reports and conducting detailed research.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving skills during the interview. You might be asked to interpret complex financial information or provide examples of how you've tackled challenging situations in the past. Think of specific instances where your attention to detail made a difference.
✨Get Familiar with Their Tools
Since the role involves using financial planning tools and CRM systems, it’s a good idea to familiarise yourself with these before the interview. If you have experience with specific software, be ready to discuss how you’ve used it to improve efficiency or client service.
✨Practice Your Communication Skills
As a paraplanner, you'll need to explain technical information clearly. Practice articulating complex concepts in simple terms, as you may need to demonstrate this skill during the interview. Consider role-playing with a friend to refine your verbal communication and ensure you're confident.
