At a Glance
- Tasks: Produce high-quality Advice Reports and technical recommendations for financial advisers.
- Company: Join a leading wealth management business with a supportive culture.
- Benefits: Competitive salary, hybrid working, and performance-related bonuses.
- Other info: Dynamic team with excellent career progression opportunities.
- Why this job: Make a real impact in financial planning while enjoying great earning potential.
- Qualifications: Level 4 Diploma qualified or part-qualified, with paraplanning experience.
The predicted salary is between 55000 - 80000 £ per year.
Location: Newcastle upon Tyne
Hybrid Working: 1 day office / 4 days home
Salary: 55,000 Basic + Bonus (OTE 80,000)
The Opportunity
Due to significant growth, we are recruiting a number of Paraplanners to join a rapidly expanding Technical Planning Team within one of the UK's leading wealth management businesses. This team plays a crucial role in supporting financial advisers by producing high-quality Advice Reports and technical recommendations, allowing advisers to spend more time meeting clients and less time on administration. With adviser numbers increasing and substantial growth plans in place, this is an opportunity to join a business that is investing heavily in its paraplanning function and offering genuine earning potential.
The Role
Working as part of an established team, you will be responsible for producing Advice Reports and technical recommendations across a broad range of financial planning areas, including:
- Pensions
- Investments
- Retirement Planning
- Protection
- Tax Planning
- Wealth Management Solutions
You will analyse client information, assess objectives and circumstances, conduct research and produce clear, compliant suitability reports that support advisers in delivering high-quality financial advice.
What's Different About This Opportunity?
Unlike many traditional paraplanning roles, there is a strong performance-related earning opportunity. Paraplanners receive additional payments for completed Advice Reports, with many team members producing around two reports per day. This means:
- 55,000 basic salary
- Realistic OTE of circa 80,000
- Clear link between output and earnings
About You
We would be interested in speaking with candidates who are:
- Level 4 Diploma qualified
- Part-qualified and actively studying
- Qualified by experience within a paraplanning role
You will ideally have experience producing suitability reports and supporting advisers within a regulated wealth management environment.
Benefits
- 55,000 basic salary
- OTE circa 80,000
- Hybrid working (1 day office / 4 days home)
- Established and growing technical planning team
- Long-term career progression
- Supportive and collaborative culture
Paraplanner in Bath employer: Staff Power Group
Join one of the UK's leading wealth management businesses in Newcastle upon Tyne, where you will thrive in a supportive and collaborative culture that prioritises employee growth and development. With a competitive salary and a strong performance-related earning potential, this role as a Paraplanner offers the unique advantage of hybrid working, allowing you to balance your professional and personal life effectively while contributing to a rapidly expanding team dedicated to delivering high-quality financial advice.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner in Bath
✨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 Staff Power Group. 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 in Bath
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 Staff Power Group.
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 Staff Power Group'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 Staff Power Group
✨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 Staff Power Group.
✨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 Staff Power Group 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 Staff Power Group 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.
