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Paraplanner-Senior IFA Administrator

St James, City of Westminster

Paraplanner-Senior IFA Administrator

Salary not available. View on company website.

St James, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 day ago, 27 Nov | Get your application in today.

Closing date: Closing date not specified

job Ref: bd5453a8e9ae4682b987cdc1755f9c90

Full Job Description

  • 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

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

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