Location
Edinburgh - Princes Exchange
Advertising Salary
Competitive + Benefits

About The Role

Purpose
  • Working closely with advisers across the 7IM group with complex advice cases and support the wider support team with technical queries, training and client queries and support. 
  • The role is based in Edinburgh. 
Responsibilities
  • Prepare and write advice reports of the highest quality covering a broad range of financial planning topics including pensions, offshore bonds, and specialist tax-efficient investments such as Business Relief, EIS and VCTs.
  • Undertake technical research and analysis of clients existing products and investments, with findings to be presented in a detailed advice report.
  • Work collaboratively with the financial planners to create bespoke planning solutions for new and existing clients and be prepared to challenge when required.
  • Discuss client objectives with financial planners, identifying where further necessary client information is required, to prepare robust advice reports.
  • Draft research documents to explain complex technical issues in a simple manner.
  • Assist in compiling financial planning and investment proposals, taking responsibility for any additional bespoke work being proposed such as cash-flow modelling.
  • Maintain compliant advice files in Practice Management System (Xplan).
  • Work alongside the support team to provide technical assistance relevant to any new business or servicing of existing clients, ensuring the highest level of client service is delivered.
  • Assist in the training and mentoring of paraplanners and graduates, sharing knowledge and expertise within the team.
  • Liaise with third party stakeholders such as accountants, lawyers, and service providers where relevant to provide/obtain information for mutual clients.
  • Keep up to date with FCA rules and regulations.
  • Participate in any projects and relevant business initiatives when required.
  • Complete monthly compliance modules in timely fashion before deadlines
  • Continually look at ways to enhance operational systems and procedures to maximise efficiencies e.g. Xplan (practice management system).
  • Continually suggesting realistic & appropriate improvements and solutions to problems to your line manager and others across 7im and update/create procedures as and when required.
  • Subscribe to 7IMs declared Mission and Tenets, & to Treating Customers Fairly (TCF) initiatives.
  • Ensure the 7IM VPVPs (Vision, Purpose, Values and Personalities) are followed throughout your working practices.
  • Other duties, as reasonably required by the line manager and 7IM.

About You

Skills
  • Accuracy and attention to detail when writing reports.
  • Organisation of own workload to meet deadlines.
  • Client focused, delivering a high standard of client service.
  • Must be proactive and able to use initiative. 
  • Good communication skills, both oral and written.
  • Ability to work with minimum supervision whilst managing multiple and conflicting deadlines.
  • Adaptive to change.
  • Proficient in standard industry advice and research tools, for example: Selectapension, Cashflow Modelling (preferably Fincalc), FE Analytics.
  • Proficient in MS Word/Excel.
Knowledge
  • Minimum of 2-3 years in a Paraplanning role or equivalent.
  • Experience of Defined Benefit Pension advice.
  • Understanding of the annual FCA ongoing suitability process and experience providing support with this.
  • Knowledge of Xplan (or similar practice management systems) would be beneficial.
  • Good working knowledge of all Microsoft office applications specifically Excel.
 
Qualifications
  • Candidates must have attained minimum Level 4 Diploma in Financial Planning (or equivalent) with desire to achieve Level 6 and Chartered status.
Other relevant information
  •  Reports into Technical Paraplanner Team Leader

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