Paraplanner

OF TASKS
Complete work requests (including the preparation of written Records of Advice, technical calculations and technical advice) on behalf of Wealth managers/ advisors as per company policies and procedures

Review all financial information on Elite Wealth or load new information Assist with co-ordination, prioritisation and monitoring of paraplanning work requests

Where required accompany Wealth Managers/Advisors at initial and presentation client meetings

Assist in the development of paraplanning policies and procedures

Participation and completion of assigned projects (e.g., review of Record of Advice templates, standard paragraphs and ROA writing procedures)

On-going maintenance and development of professional knowledge to satisfy, at a minimum, current industry, and legislative requirements

Prepare review reports for clients on agreed frequency, working with the Sales support team on request

Prepare accurate financial plans prior to planning meetings Prepare recommendations for clients

Conduct all technical analyses required to draft the plans i.e., fund comparisons, fees, CGT, penalties, fact sheets, product benefits, etc.

Planning for risk cover and benefits through quote requests from Wealth Managers/Advisors

Update database with accepted plans and ensure implementation according to the plan

Support the practice management standards through annual reviews, segmentation and differentiated servicing of clients

Database management data integrity and capturing of clients financial information from the financial needs analysis

Meet service standards for completing projects and tasks

Ability to prioritise work requests while meeting deadlines and maintaining relationships

Identify outstanding information required for accurate completion of work requests and collecting this information from the parties concerned

Assist in improving, developing and delivering services offered to clients

Ability to place yourself in the clients shoes as well as the advisors shoes

Quarterly reports to be pulled, checked for accuracy and to be sent to clients

Pro-actively pull review reports monthly and ensure that everything is up to date

Planning month for upcoming reviews

Setting up weekly catch-up meetings with advisor

Regular feedback to advisor regarding workflow

Pro-actively identify where additional training is required

Pride in your work

Liaise with product providers and follow up regularly with product providers regarding outstanding information.

SKILLS/PERSONAL ATTRIBUTES REQUIRED

Minimum requirement is a Post Graduate Diploma in Financial Planning

Broad range and depth of technical knowledge across multiple product providers and benefit types

Ability to develop and retain relationships necessary for the development of rapport and empathy with Wealth Managers/Advisors

Strong written and interpersonal communication skills

Strong report writing skills

Efficient communication

Be empathetic

Client and team centricity

Systematic thinking & analytical

Knowledge of compliance requirements for FAIS/FICA, etc.

Strong organisational and time management skills

Strong service ethic Accuracy and reliability

Ability to work under pressure

Ability to work with different personalities

Passionate about work

Ability to deliver to deadlines, at times under pressure

Flexibility to manage more than one task at any one time

Strong analytical and conceptual ability

Ability to work independently as well as part of a team

Professional and mature

Highly energetic and self-starting

High ethical standards

Integrity and trustworthiness

Excellent Microsoft Word and Excel computer skills (advanced is preferred)

Experience in using financial planning modelling software Elite Wealth is advantageous

A thorough understanding of compliance issues associated with the provision of financial advice (preferable to have passed the Regulatory examination RE5)

Attention to detail

Organising and planning skills

Ability to operate independently

Proactive problem solving

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