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Paraplanner

  • Location: West Midlands
  • Salary: c.£40,000 + Bonus & Benefits per year
  • Job Type:Permanent

Posted 7 months ago

  • Sector: Compliance
  • Contact: Sam Anderson
  • Contact Email: sanderson@merje.com
  • Contact Phone: 0161 883 2765
  • Expiry Date: 05 July 2024
  • Job Ref: SA/11334W

Senior Paraplanner 

Our client, a rapidly expanding and acquisitive Wealth Management firm are looking for a Senior Paraplanner to join and help shape their paraplanning function.

As Senior Paraplanner you will be responsible for the assessment of files/holdings following client meetings ensuring they are compliant on an ongoing basis and liaising with advisers, providers, administrators and directors.

Role Responsibilities:

  • Produce Suitability reports as required by the Managing Director /Practice & Compliance Director

  • Producing ad-hoc (non standard) and standard letters in response to customer/provider queries 

  • Checking client Valuations and Summaries as required by the Administration Manager

  • Obtaining life, investment and pension quotations using research tools

  • Presenting quotations to advisers along with relevant data and documents required for the advice to be provided

  • Understand and produce reports for the research software used in the business

  • Have a comprehensive understanding of the IO back office system and how it is integral to the business 

  • Have working knowledge of submission of online applications and processing of “paper based” applications for life, investment and pensions business

  • Running comprehensive diary and notes system for each piece of business whether it is new business, increments or any policy variations

  • Have working knowledge of platform and non-platform based investment and pension products including SIPPs and SSASs

  • Have a working knowledge of the products and services provided by the firm

  • Monitor the performance of the DFM’s as directed by the Practice & Compliance Director

  • Undertake project / client work as directed by the Managing Director/ Operations and Compliance Managers. 

Key Skills & Experience:

  • Experience of working for an IFA in a similar role would be preferred.

  • QCF Level 4 Financial Services qualification as a minimum

  • Be working to / maintaining basic administration and technical knowledge 

  • Detailed knowledge and understanding of the firm’s administration and client service requirements

  • Understanding of the provision of advice to clients in a compliant manner as detailed in the firm’s compliance manual and procedures

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.