Paraplanner-Senior IFA Administrator

Paraplanner

Ideally qualified to Level 4 Diploma in Financial Planning. Or near completion of Diploma.

Essential skills required:

• The ability to produce comprehensive, accurate and clear Suitability Reports, to write reports on a wide variety of topics including Pensions, Investments, Inheritance tax, and Protection
• Knowledge of completing & demonstrating cash flow modelling plans ahead of client meetings
• Assist in the preparation of tax calculations where necessary from CGT calculations to top slicing calculations as and when required
• Undertake research to identify suitable solutions to meet the client s needs, this will involve obtaining information, quotes, illustrations and product details in order to provide comparisons for analysis.
• Discuss client objectives with Advisers and Identify any shortfalls in client information and take responsibility to discuss outstanding requirement with the appropriate personnel
• Carry out regular reviews of clients financial plans, circumstances and objectives
• Deal with complex and technical client queries as and when they arise
• Interpret new technical information, legislative and regulatory changes from various in-house and external sources and ensuring the team remains compliant with FCA and internal compliance procedures.
• Experience liaising with third party providers; to acquire additional information that may be required to assess the client s needs and to assist with our recommendations.
• Experience of back office administration that relates to the paraplanning role such as updating a client s CFR (confidential Financial Review), making sure that client files are audited and all regulatory and company requirements are met at the end of a case
• Undertake continuous professional development to meet regulatory requirements, both internally and externally
• Liaise with Business Assurance (SJP s internal compliance body) and ensure cases are graded as suitable first time on all pre and post approval checks

Required

Hold Level 4 diploma

Knowledge of research tools & software (e.g. Trustnet, Analytics, Voyant)

Have a comprehensive understanding of Income Tax, CGT, IHT, Trusts and both DC and DB pension transfers

Working Knowledge of CYC calculations

Knowledge in other areas such as protection, IHT and Tax Efficient Investments

Understanding of industry initiatives including RDR & Consumer duty

Desire to maintain knowledge of industry developments

Ability to prioritise workload and liaise with advisers to ensure adequate information is available to progress all cases

Ability to use (Client and Case Management Systems) in a process driven compliant way. Learning and using our CRM is a key part of the role.

Ability to use the Electronic Business Submission system

Ability to follow company and business processes

Person Specification

Excellent grammar, spelling and punctuation skills;

A high standard of personal organisational skills;

Experience of working to targeted service standards and procedures;

A good working knowledge of regulatory requirements;

Evidence of continual learning and development of skills and knowledge;

An adaptable and flexible approach to work within a changing environment;

Experience of working unsupervised with a high level of self-motivation;

Good IT skills covering MS Office, MS Outlook, MS Excel and back office system

CII Diploma in Financial Planning or Regulated Financial Planning

Knowledge of using CRM systems such as Salesforce

Training & Continuous Development

Full training of company specific software and company compliance requirements will be provided.