Paraplanner

The Role

We have a great opportunity that we are currently recruiting for, to join our Operations Team within our Paraplanning team. Alongside supporting a team of Advisers in providing financial advice to clients, the key responsibility for the Paraplanner is to provide often detailed and complex research and report writing support to our Advisers so we are looking for individuals that are detail orientated, with analytical skills and experience of financial planning products (Pensions, Investments & Protection). Candidates who have either attained or are working towards their CII Level 4 Diploma would be preferred.

The Business

Wren Sterling is a progressive UK-wide independent financial advice business. In complex markets that change frequently, we help our Corporate and Personal clients make the right financial choices through the provision of independent financial advice which is uniquely tailored to their specific needs. Wren Sterling specialises in all aspects of savings, investments, and retirement planning to individuals. Through successful partnerships with Building Societies, we deliver independent financial advice to their customers. For corporate clients we provide advice on engaging employees through the provision of group risk, protection, and other employee benefit solutions.

Principle Objectives & Responsibilities

Include the following but not exclusive to:

The role of the Paraplanner can be broken down into key parts:

Understanding our clients’ financial situation & objectives

• Providing research, analysis & technical support
• Preparing recommendation reports
• Maintaining client records
• Analyse clients’ circumstances, objectives & risk profile
• Identify missing client information pertinent to formulating recommendations
• Liaise with financial advisers to query/challenge proposed recommendations where necessary

Providing research, analysis & technical support

• Provide research on all relevant advice areas, products, and investment solutions
• Prepare information / comparisons, ready for analysis by the adviser
• Use of company-approved research systems to assist analysis
• Cashflow modelling analysis

Preparing recommendation reports

• Produce client suitability reports confirming new recommendations in accordance with the Company’s internal standards and compliance procedures
• Obtain accurate illustrations, key features, and other relevant paperwork for advisers’ presentation meetings with clients
• Assist in the completion of remedial actions following quality checking

Maintaining client records

• Maintain accurate and up-to-date client and plan records on back-office system
• Ensure all relevant documentation and correspondence is uploaded to the correct client records on the back-office system and named in accordance with Company procedures
• Create, manage, and complete tasks on the back-office system in accordance with Company procedures

Completion of other reasonable duties, as defined by the Senior Management Team.

Qualifications

Essential:

• 5 GCSEs passes or equivalent including English and Maths
• Attainment of or studying towards Diploma in Financial Planning

Knowledge Required

• General knowledge across a wide range of financial planning areas such as pensions, investments, protection, and estate-planning (including use of Trusts)
• Experience in an IFA/Wealth Management environment
• For Paraplanners involved in corporate client work:
  • General knowledge of the employee benefits/corporate pensions/business protection markets
  • Experience in an employee benefits/corporate pensions environment

The package

• Employee Benefits Trust – Eligible to join discretionary share trust established for all employees to share in the future success of the business
• Generous holiday package (including holiday trading)
• Ongoing professional development support with salary increases for the completion of key qualification milestones and clear career paths for future progression
• Agile working approach – work from a number of workplace settings
• Pension Scheme – Employer pension contributions based on total earnings
• 5% Flex allowance to spend on a wide range of employee benefits including:
  • Private Medical Insurance
  • Death in Service Cover
  • Group Income Protection
  • Critical Illness cover
  • Lease Car Service
  • And many more!