Junior Associate, UK Paraplanning

About the Role

The Junior Associate - UK Paraplanner role involves preparing and maintaining client files, preparing and implementing recommendations, and reviewing client plans.

Key Responsibilities

• Preparing and Maintaining the Client File:
• Collect quantitative detailed information required to compile a financial plan.
• May attend client meetings.
• Check all compliance paperwork is present.
• Confirm client risk profile is determined.
• Discuss client objectives with the planner.
• Identify and obtain the information necessary to compile a financial cash flow forecast.
• Compile draft net worth statements, income and expenditure statements, and financial cash flow forecasts.
• Discuss financial documents with the planner.
• Preparing Recommendations:
• Identify areas for planning.
• Undertake research independently and with the Financial Planner to identify suitable solutions.
• Prepare information/comparisons for analysis by the planner.
• Liaise with the client’s providers.
• Consider current and future allocation of assets for investment strategy, with regard to client risk profile.
• Generate quotes and illustrations online from respective providers.
• Prepare draft recommendation reports for discussion/sign-off by the planner.
• Implementing Recommendations:
• Prepare suitability letters in accordance with agreed recommendations.
• Complete application/proposal forms.
• Ensure all compliance paperwork is in order.
• Make changes to clients’ investments as instructed.
• Implement chosen investment strategies.
• Learn and execute re-registration processes.
• Review:
• Prepare client valuations.
• Organize future planning meetings with clients.
• Act as the main point of contact and deal effectively with queries from clients and other parties through effective communication.
• Establish and build strong relationships with clients.
• Attend client meetings with the planner if required.
• Review investment portfolios, asset allocation, risk profiles, etc.
• Send planning figures to the client for update and revision in preparation for the next meeting.
• Initiate review meetings with clients.
• Liaise with providers for fund valuations.

Requirements & Tech Stack

• Understanding of the Financial Planning process.
• Good IT and report-writing skills.
• Knowledge of the financial services industry.
• Good technical knowledge.
• Experience in acting as the main point of contact and dealing effectively with queries from clients and other parties through effective communication.
• Experience in establishing and building strong relationships with clients.

Qualifications

• Master’s & Bachelor’s degree in Business Finance, CMA, M.Com, CFP, or a related field.

Key Skills

• Ability to work independently and achieve agreed outcomes.
• Strong planning, prioritization, and time-management skills.
• High attention to detail and accuracy.
• Quick learner with adaptability to new systems and processes.
• Excellent written, verbal, and interpersonal skills.
• Ability to multitask and meet deadlines.
• Flexible and willing to take on additional responsibilities as required.
• Willingness to continuously learn and upgrade knowledge.

Work Timings

• 10:30 AM To 7:30 PM
• (1st Saturday, 3rd Saturday & 5th Saturday off)
• Job Location - Vadodara