Job provided by Additional Resources Ltd
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About the job
Junior Paraplanner (IFA) - London (EC3N)
Our client is one of the UK's largest, independently owned, corporate solutions and wealth management consultancies.
They are passionate about the service they provide and are very proud of their long-term relationships built with their clients.
Based in the heart of the City of London and also have offices in other parts of the country. Our client has grown steadily and is now a top 100 UK IFA.
To provide paraplanning support to one or more advisers which includes, but is not limited to, the following:
To help provide solutions to clients' needs and give them a service which surpasses their expectations Dealing with day to day client and provider enquiries
Preparing for client meetings including checking that all compliance paperwork is present.
Attending client meetings and taking minutes
Analysing and interpreting data obtained during client meetings
Analysing client's existing products to determine whether they meet the client's current objectives
Undertaking fund performance comparisons
Preparing product comparisons and analysing comparison illustrations
Completing the FCA pension switching and replacement product templates
Preparing cashflow plans using Voyant Software
Preparing draft recommendation reports in line with the Company's compliance procedures
Analysing client's asset allocations and providing recommendations for rebalancing where necessary
Delegating administrative tasks and ensuring work is correctly completed
Maintaining client files in line with Company standards
Liaising with the Compliance department to ensure all compliance procedures have been followed
Creating and maintaining accurate records of all verbal and non-verbal communications and carrying out tasks in a manner that is consistent with compliance procedures
Building and maintaining client relationships through face to face and written/telephone communication
Recently Qualified to Diploma Level
At least 1 years previous experience in a holistic paraplannnig role
The ability to work with advisers to extract the information required to prepare financial plans and recommendations
General knowledge of the products available in the wider market and how to assess the suitability of these products
The ability to research protection, pension & investment products and an understanding of the key information required that may affect a recommendation
The ability to undertake detailed research on legacy products, identifying where more in depth analysis and questioning of providers is required
An understanding of investment risk, capacity for loss and loss tolerance and the ability to construct recommendations consistent with a clients agreed risk appetite.
Excellent report writing skills. The ability to present recommendations in a clear and logical format using language which can be easily understood by clients
The skills and knowledge needed to create and adapt a cash flow plan appropriate to the client's circumstances
A good understanding of compliance issues and how these affect the advice and suitability process.
Strong interpersonal skills and the ability to interact directly with clients and colleagues in a professional manner
Ability to work as part of a team as well as on your own initiative
Ability to critically evaluate information, probe and challenge the facts
A flexible and adaptable attitude towards work
Ability to work accurately and in accordance with procedures
Excellent time management, ability to meet deadlines
Experience of Microsoft Word, Excel, Outlook and provider platforms
Previous experience of discretionary investment management
Previous use of Swift back office system
Previous use of Voyant software
Previous use of FE Analytics
Progression towards Advanced Diploma
Discretionary annual bonus
Contributory pension scheme
Group Private Medical Insurance
Group Death in Service
Group Permanent Health Insurance
Group Critical Illness
Group Medicash Scheme
Interest free season ticket loan
Additional Resources are an Employment Business and an Employment Agency as defined within The Conduct of Employment Agencies & Employment Businesses Regulations 2003.